Legal
U.S. Department of Justice weighing Binance criminal charges against risk of market panic: Report
The DOJ is deliberating criminal charges against the exchange but officials worry over sparking panic in the markets.
Jacob Oliver 2 min read
US News
SEC and CFTC actions, state policy, ETFs, startups, and nationwide crypto market trends.
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Legal
Sam Bankman-Fried denies witness tampering allegations in letter to judge
SBF battles prosecutors' allegations and fights to keep his bail amid FTX fraud case drama.
Exchanges
Coinbase eyes Bitcoin Lightning Network integration, says CEO Brian Armstrong
Bitcoin Lightning Network adoption has grown over the past year, with its TVL peaking at over 5000 BTC in July.
Latest US Crypto News & Analysis
Earnings
MicroStrategy made largest Bitcoin purchase since 2021 in Q2 2023 amid slight revenue decrease
The company purchased 12,333 BTC for $347 million in Q2 2023.
Politics
MoonPay CEO was responsible for $500K donation to Miami mayor’s super PAC
Ivan Soto-Wright donated through a solely-owned firm that shares a name with a Chinese flower company, which had raised concerns over campaign finance laws.
Legal
Video of Richard Heart publicly disparaging SEC resurfaces as securities fraud case moves forward
Heart said in the video that he has saved more people from "getting rekt" in the crypto industry than the SEC and wishes that the regulator would "stop attacking the good people."
Bankruptcy
FTT holders left hanging in proposed FTX restart plan
FTX's unsecured creditors have opposed the restart plans because it ignores their recommendations
Legal
Ripple legal chief says Terra ruling does not change XRP’s status
A federal judge disagreed with the Ripple XRP's ruling further muddying the crypto regulation scene.
Taxes
IRS clarifies rules on crypto staking rewards
The Internal Revenue Service issued new guidelines on July 31, outlining its stance on taxing cryptocurrency staking rewards.
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Exchanges
Coinbase distances itself from CEO Brian Armstrong’s comments on SEC investigation
Bankruptcy
Digital Currency Group nearing settlement with Genesis creditors; reports $216M Q2 revenue as new CFO takes helm
Legal
SEC sues HEX founder Richard Heart for alleged fraud and unregistered securities sales
Regulation
