Bankruptcy
Prime Trust lost $8M after Terra collapsed; bought $76M ETH in unrelated wallet loss
The company revealed the numbers in a new bankruptcy filing.
Mike Dalton 2 min read
US News
SEC and CFTC actions, state policy, ETFs, startups, and nationwide crypto market trends.
Coverage footprint 25.2%
News sentiment 40 /100
Top US Stories
AI
NVIDIA doubles down on generative AI amid reducing gaming, crypto focus
Nvidia prioritizes generative AI as crypto and gaming fall off the radar.
Bankruptcy
FTX wants court to allow up to $200M weekly crypto sale, restart ‘hedging’ BTC
Proposed engagement with Galaxy bolsters FTX's restructuring endeavors by monetizing crypto assets.
Latest US Crypto News & Analysis
Staking
Bitstamp to end Ethereum staking for U.S. customers in September
The decision comes in the aftermath of actions by the U.S. Securities and Exchange Commission (SEC), which has scrutinized platforms offering staking services.
Regulation
SEC, DOJ file charges against creator of little-known Blazar Token
An ex-police officer ran a crypto scheme that promised to replace state pensions.
Crime
Tornado Cash co-founders charged by DOJ; one sanctioned by U.S. Treasury while the other arrested by FBI
Roman Storm and Roman Semenov both face charges but only Storm has been apprehended.
Crime
Israeli Police recommend charges against businessman Moshe Hogeg as global crackdown on crypto scams rages on
Efforts from law enforcement communities worldwide are resulting in widespread charges against scammers and bad actors.
Legal
Sam Bankman-Fried plans to lean on ‘counsel advice’ defense in criminal trial
Sam Bankman-Fried said lawyers, including those from Fenwick and West, "reviewed and approved" many of the decisions for which he now faces consequences.
Exchanges
Chamber of Digital Commerce assigns lawyer to argue against SEC in court as part of Coinbase case
Leading industry representative steps in as SEC and Coinbase legal tension tightens.
More US Crypto News Headlines
Exchanges
Binance US shifts to ‘crypto-only’ after dropping USD, MoonPay becomes new on-ramp
Crime
Nate Chastain sentenced to three months for insider trading at OpenSea
Legal
Sam Bankman-Fried pleads not guilty as lawyers complain about neglected vegan diet, prescription medications
Exchanges
