Eighteen states have sued the SEC, Chair Gary Gensler, and all SEC commissioners, alleging that overreach in crypto regulation infringes on state rights and hampers
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Bitfinex hacker sentenced to 5 years in prison
US authorities arrested Ilya Lichtenstein and his wife, Heather Morgan, in 2022 for laundering Bitcoin connected to the Bitfinex exchange.
Read morePennsylvania lawmaker introduces bill for ‘strategic Bitcoin reserve’
The proposed legislation would allow the State of Pennsylvania’s Treasurer to invest up to 10% of its funds in Bitcoin, suggesting a multibillion-dollar investment.
Read moreSEC chair doubles down on crypto stance under threat of Trump ousting
Gary Gensler did not say he would leave the SEC before Donald Trump took office but pointed to the commission’s record on crypto enforcement and
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Scammed: Korean Police Bust $232M Fraudulent Crypto Scheme, Youtube Star at Center
South Korean police arrested 215 individuals, including a Youtube influencer, for their role in perpetrating a $232 million crypto scam. 28 Fraudulent Digital Assets Issued
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Republicans Maintain Control of US House, Paving Way for Crypto-Friendly Legislation
The Republican Party has retained its majority in the U.S. House of Representatives, opening up the possibility for crypto-friendly… Continue reading on Medium »
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