Exchanges
Thousands of Coinbase users sign up as potential amicus curiae in legal fight with SEC
The ongoing legal battle between the SEC and Coinbase is set for oral argument by next January.
Oluwapelumi Adejumo 2 min read
US News
SEC and CFTC actions, state policy, ETFs, startups, and nationwide crypto market trends.
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Crypto
Gemini sues Genesis over $1.6B worth of Grayscale Bitcoin Trust shares originally posted as collateral
The complex web of interactions between Gemini, Genesis, and its parent firm, Digital Currency Group has spawned yet another in a series of high-profile lawsuits.
Crypto
Deputy Treasury Secretary warns crypto companies not to neglect safeguarding against illicit finance
Deputy Treasury Secretary Wally Adeyemo said if digital asset companies "do not act to prevent illicit financial flows, the United States and our partners will."
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AI
OpenAI introduces Preparedness team in move to counter potential risks of future AI models
OpenAI is developing its approach to catastrophic risk preparedness in response to the potential dangers of frontier AI technology.
Legal
SBF Trial – SBF claims he acted in good faith as lawyers blessed his decisions at FTX
SBF told the court that his actions were driven by a sincere belief in their legality, given that legal experts had approved certain aspects of his policies.
AI
Biden to sign executive order regulating AI use in federal government
The U.S. president is expected to sign an order on Monday, Oct. 30, to institute guidance for vetting AI tools for government use.
Legal
Yuga Labs wins $1.6M in Bored Apes trademark infringement case
Yuga Labs announced on Oct. 26 that two individuals who infringed on its Bored Ape Yacht Club (BAYC) brand have been ordered to pay damages and halt their activities.
Legal
Why was the jury dismissed during SBF’s first round of testimony?
Observers were surprised to hear Judge Lewis Kaplan order jurors out of the room before Bankman-Fried was allowed to speak.
Taxes
Kraken to turn over select customer data to IRS after July court loss
The exchange will be required to report information on customers who transacted more than $20,000 between 2016 and 2020.
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Opinion
Op-ed: Could a spot ETF lead to ‘paper’ Bitcoin controlling the market?
Regulation
Lawmakers call for DOJ investigation into Binance, Tether on suspicions of abetting illicit finance
Crypto
Bitcoin already in fifth bull market, to reach $125,000 by December 2024 – Matrixport
Regulation
