Bankruptcy
3AC Liquidators issue subpoena to 3AC co-founder Kyle Davis
Kyle Davis is expected to provide all documents detailing 3AC's accounts, wallet addresses, and private keys.
Christian Nwobodo 2 min read
US News
SEC and CFTC actions, state policy, ETFs, startups, and nationwide crypto market trends.
Coverage footprint 25.2%
News sentiment 34 /100
Top US Stories
Legal
New York Attorney General files lawsuit against Celsius’ Alex Mashinsky for defrauding investors
According to the lawsuit, Mashinsky must pay damages, restitution, and disgorgement, as well as be barred from doing business in New York.
Crime
US Court orders detention of Mango Markets exploiter over flight risk
Avraham Eisenberg has been remanded to the custody of the U.S. Attorney, who will oversee his imprisonment pending trials.
Latest US Crypto News & Analysis
Crime
SEC charges 8 parties tied to CoinDeal scheme
The perpetrators raised $45 million by promising profitable blockchain technology.
Bankruptcy
SEC files limited objection to Voyager-Binance.US deal
The regulator has filed a limited objection to the sale of auctioned assets.
Bear Market
Fed plans to keep raising interest rates in 2023 but at a slower pace
Policymakers were concerned about controlling the rate of price rises and cautioned against prematurely loosening monetary policy at the FOMC meeting.
CBDCs
G7 economies move into development stage of CBDCs
G7 economies and over 20 additional countries are in development stages for CBDCs, according to the Atlantic Council.
Adoption
Indonesia to set up cryptocurrency exchange to reform crypto regulation
In addition to reforming crypto regulation, Indonesia is also introducing a Central Bank Digital Currency (CBDC), alongside a national cryptocurrency exchange.
Regulation
Coinbase had “inadequate” AML measures; settles for $100M with NYDFS
Coinbase will pay $50 million as penalty and spend $50 million over 2 years to fix the deficiencies in its compliance systems.
