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Prosecutors say Edward Zimbardi diverted investor funds into forex bets, luxury vehicles and payments to earlier investors.
The White House can expand how crypto enters federal custody, but a multibillion-dollar buying program still needs lawmakers to unlock funding or purchase authority.
The regulator imposes offering caps but no federal time-based lockup, while senators want some insiders held for 12 months before network decentralization.
An anonymous trader holds $415,000 against CLARITY ahead of a Senate test, dwarfing the market’s $160,000 in displayed liquidity.
Only notified business users are covered; access restrictions follow Aug. 21 and market-price liquidation starts Sept. 21.
The customer-posted notice reportedly leaves exchange transfers unaffected, while rejected funds require support to return them to the originator address.
The rule is not operative, but Greenlane’s disclosed share count implies a steep price hurdle if the stay is lifted.
Volatility Shares’ proposal needs a special SEC exemption because Cboe’s generic commodity-trust rules explicitly prohibit benchmark multiples.
Ethereum and Solana are testing whether investors value lower dilution more than yield as staking products finds path into Wall Street.
