Regulation
US Senator Toomey unveils permissive stablecoin bill prior to retirement
The bill could create a framework that allows more companies to issue stablecoins.
Mike Dalton 3 min read
US News
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Analysis
CleanSpark mined 3,750 BTC in FY’22, BTC reserves down 40% since January
The company also announced tripling its hash rate and recording a 235% increase in revenue.
Legal
Alameda CEO Caroline Ellison takes plea deal, faces no criminal charges
A recently unsealed plea agreement shows that Caroline Ellison, the CEO of Alameda Research, pleaded guilty to seven fraud charges. In return for cooperating with authorities, Ellison faces a $250,000 fine and forfeiture of any assets she obtained from FTX money.
Latest US Crypto News & Analysis
Regulation
SEC filing declares FTT a security in FTX case development
FTT allegedly raised over $10 million to fund the exchange's business operation, with a promise to return profit for investors as demand for trading on FTX increased.
Crime
FTX associates Caroline Ellison, Gary Wang plead guilty to criminal charges
Both were charged in advance of Sam Bankman-Fried's return to the U.S.
Exchanges
Sam Bankman-Fried will be extradited to the U.S. Wednesday night
Sam Bankman-Fried's extradition from the Bahamas is imminent.
Bankruptcy
FTX creditors seek priority payout for $1.6B locked in custody wallets
Eversheds Sutherland said its clients hold roughly $1.6 billion worth of custody assets on FTX which should be prioritized in the repayment process.
Mining
Bitcoin miner Core Scientific files for bankruptcy, has over $1B in liabilities
Despite reports of the bankruptcy filing, Yahoo Finance data showed that Core Scientific stocks grew by 3% at the close of the trading market on Dec. 20.
Legal
Sam Bankman-Fried has signed extradition papers
The former FTX CEO is one step closer to returning to the United States.
More US Crypto News Headlines
Investments
HRF Bitcoin Development Fund grants $325K to Bitcoin developers
Exchanges
FTX seeks to recoup SBF’s donations to US politicians
Exchanges
Coinbase CEO Brian Armstrong calls for regulation of crypto industry
Legal
