Legal
Bankrupt FTX reveals $100M weekly crypto liquidation plan in court filing
Bankruptcy court to review FTX's asset liquidation plan amid Chapter 11 proceedings.
Liam 'Akiba' Wright 3 min read
US News
SEC and CFTC actions, state policy, ETFs, startups, and nationwide crypto market trends.
Coverage footprint 25.2%
News sentiment 41 /100
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AI
Elizabeth Warren criticizes upcoming closed-door AI summit between senators, tech leaders
The Massachusetts senator criticized upcoming closed-door meetings between tech leaders and legislators, calling the idea of private meetings between Congress and billionaires "just plain wrong."
Crime
OneCoin co-founder Karl Sebastian Greenwood receives 20-year prison sentence
Greenwood will also be forced to forfeit $300 million of personal funds.
Latest US Crypto News & Analysis
Regulation
Gensler defends extensive rule-making record in congressional grilling
The SEC chair faced strong criticisms, particularly from Republican members of the Committee, on his record of regulation and enforcement after more than two years in office.
Adoption
Franklin Templeton applies for spot Bitcoin ETF, tapping Coinbase as custody institution
The SEC has yet to approve any spot Bitcoin ETF applications, but 2023 has seen several institutional asset managers try their hands.
Macro
U.S. Treasury yield spread dips to historic lows signaling economic caution
Investor confidence dwindles as treasury yield spread dives.
Legal
Class action case against Bitfinex gets dismissed, marking another legal win
Bitfinex secures significant legal triumph as US court dismisses class action lawsuit.
Regulation
Despite industry objections, SEC’s Gensler continues to classify crypto as securities
Gensler doubles down on crypto regulations amidst industry backlash and legal setbacks.
Legal
SBF, US justice department wrangle over expert witness credibility
The two parties previously moved to dismiss each other witness list.
More US Crypto News Headlines
Legal
SBF may not testify in court as lawyers paint ‘altruist’ picture in jury questions
AI
Meta reportedly building new AI model to compete against OpenAI’s ChatGPT
Bankruptcy
FTX court filing reveals $7B in assets as firm aims to complete bankruptcy process by second quarter 2024
Bankruptcy
