Legal
Tether and Bitfinex yield to FOIL request amid transparency pledge
The companies said their concession does not equate to a wholesale release of their documents.
Oluwapelumi Adejumo 2 min read
US News
SEC and CFTC actions, state policy, ETFs, startups, and nationwide crypto market trends.
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Legal
Montenegro court clears path for Do Kwon’s extradition to US or South Korea
Montenegro court update: Do Kwon closer to facing charges in US/South Korea after UST debacle.
Crime
SBF housed with ex-Honduras president in jail, is trading mackerel and giving crypto tips
Sam Bankman-Fried is reportedly faring well in the Metropolitan Detention Center.
Latest US Crypto News & Analysis
Analysis
Binance turmoil leads to record futures activity – analyzing the impact
Trading volumes in Bitcoin futures and perpetual contracts surge in wake of Binance's $4 billion SEC fine.
Legal
US DOJ files motion to block CZ’s return to UAE over flight risk concerns
The DOJ believes that CZ should be forced to stay in the U.S. stating he may not come back for sentencing if allowed to leave.
Exchanges
Kraken’s Powell criticizes SEC’s ‘convenience-based’ enforcement actions in crypto industry
Jesse Powell argued that the enforcement action against Binance made the industry fairer.
AI
Secret behind OpenAI drama may be a step toward AGI with mathematical breakthrough – Reuters
OpenAI's Q* model touted as major AI milestone prompts intense boardroom and ethical discussions.
ETF
Grayscale files updated Bitcoin ETF prospectus days after talks with U.S. SEC
Grayscale's revised ETF prospectus reflects SEC feedback, potentially edging closer to approval.
Crime
U.S. Treasury calls $3.4B Binance resolution FinCEN’s largest settlement in history
A second $968 million fine was also described as OFAC's largest settlement.
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Regulation
Hester Peirce says SEC shouldn’t block spot Bitcoin ETFs, speaks on Binance resolution
Legal
Ripple CLO optimistic following Binance settlement, lambasts SEC’s ‘juvenile behavior’
Exchanges
Coinbase champions regulatory compliance amid Binance woes – calls for clearer U.S. regulations
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