The SEC approved investment vehicles tied to Ether futures in October but has not reached a decision about spot ETH exchange-traded funds on U.S. exchanges.
Bitwise files with SEC for spot Ether ETF listing Crypto users react to Sam Bankman-Fried’s 25-year sentence Many on social media suggested that 25 years was “too light” given the former FTX CEO’s crimes, speculating that he would end up serving less time in prison.
Sam Bankman-Fried sentenced to 25 years in prison Judge Lewis Kaplan found that the former FTX CEO also committed witness tampering and perjury based on his testimony at trial over user funds.
What to expect at Sam Bankman-Fried’s sentencing hearing More than 500 days after FTX filed for bankruptcy, the world will soon learn whether former CEO Sam Bankman-Fried remains in prison for decades or receives a lenient sentence.
As Sam Bankman-Fried’s sentencing approaches, letters invoking vegan lifestyle call for leniency On March 28, Judge Lewis Kaplan will decide how long former FTX CEO Sam Bankman-Fried will remain in prison following his conviction on seven felony counts.
‘Ripple is well-positioned to pay a significant civil penalty,‘ says SEC The SEC’s filing on a proposed $1.95 billion in fines and penalties for Ripple suggested the firm needed an incentive to stop violating laws beyond “just the cost of doing business.”
US lawmakers demand SEC clarify position on Prometheum’s plans for Ether According to a letter for SEC Chair Gary Gensler, leaving Ether in regulatory limbo between the SEC and CFTC could have "irreparable consequences for the digital asset markets.”
US Justice Department charges KuCoin and two founders with violating AML laws KuCoin founders Chun Gan and Ke Tang remain at large, according to DOJ officials, who unsealed an indictment against the exchange on March 26.
SEC will ask for $2B in fines and penalties — Ripple chief legal officer Ripple CEO Brad Garlinghouse and CLO Stuart Alderoty cited a judge imposing sanctions on the SEC in a lawsuit against Debt Box, claiming the regulator exceeded its authority.
Terra was a ‘house of cards’ — SEC in opening statements for civil trial Terraform Labs co-founder Do Kwon remained in Montenegro as the SEC trial kicked off in New York on March 25.
Crypto markets need ‘disinfectant,’ says SEC chair Gary Gensler implied many market participants preferred to “whittle away at the SEC’s disclosure regime” rather than register, despite criticism that the requirements were unclear.
Montenegrin authorities to release Do Kwon as he awaits extradition: Report Prosecutors purportedly plan to confiscate the Terraform Labs co-founder’s South Korean passport, though he allegedly used a forged Costa Rican passport in Montenegro in 2023.
US government asks for court approval to sell private jets tied to Sam Bankman-Fried The U.S. Marshals Service has custody of a Bombardier Global tied to FTX, and prosecutors are seeking to transport an Embraer Legacy aircraft to Florida to begin sales proceedings.
Montenegrin court postpones Do Kwon’s extradition to South Korea Do Kwon faces fraud charges in the United States and South Korea as authorities compete to extradite the Terraform Labs co-founder.
Do Kwon’s extradition case may be headed to Montenegro’s Supreme Court Prosecutors in Montenegro suggested that the country’s Supreme Court could issue a verdict that would change an earlier decision on Do Kwon’s extradition to South Korea.
Lawyer for Cryptoqueen’s OneCoin compliance chief asks for time served The attorney cited Irinia Dilkinska’s role as a “loving wife and mother,” claiming time served was an appropriate sentence for her role in the OneCoin scheme.
SEC pushes deadline on VanEck spot Ether ETF application The commission's delay on VanEck’s application to May 23 opened the proposal to public comment.
SEC is attempting to classify Ether as a security: Report Several U.S.-based companies reportedly received subpoenas from the SEC related to attempts to label Ether as a security.
Montenegrin court rejects Do Kwon’s appeal to stop extradition to South Korea Both the United States and South Korea have filed competing requests for extraditing the Terraform Labs co-founder since his arrest in Montenegro in March 2023.
Advocacy groups file amicus briefs encouraging SEC to write crypto rules The Crypto Council for Innovation, Satoshi Action Fund, Texas Blockchain Council, Paradigm, Lejilex and the U.S. Chamber of Commerce all called on the SEC to establish guidelines.
Super PAC tried to ‘bury a conversation’ on crypto with attack ads — Rep. Katie Porter “They don’t know what my crypto views are because they never asked,” said Katie Porter following her defeat in a primary for California’s Senate race.
FTX victims describe ‘irreparable harm’ ahead of Sam Bankman-Fried’s sentencing Judge Lewis Kaplan could potentially sentence the former FTX CEO to decades in prison on March 28 following his November 2023 conviction.
Crypto-focused lawmaker wants to lead House Financial Services Committee in 2025 French Hill has chaired the Subcommittee on Digital Assets, Financial Technology and Inclusion since its creation in January 2023.
Facing potential prison time, former Binance CEO hints at new project Since his guilty plea in November 2023, Changpeng Zhao has largely stayed off social media but broke this pattern to announce a project with “no new tokens.”
Bitcoiner wants to plant the orange flag on top of Everest Dadvan Yousuf said he planned to “hoist the Bitcoin flag at the top of the world” to highlight the “global disparity in access to financial education.”
Sam Bankman-Fried’s brother: ‘His life would be wasted in prison’ The former FTX CEO’s mother, father, and brother all wrote letters to Judge Lewis Kaplan suggesting that SBF’s lack of social awareness could lead to problems in prison.
Crypto users weigh in on Sam Bankman-Fried’s prison time ahead of sentencing memo Though potentially facing up to 110 years in prison, Sam Bankman-Fried could be sentenced by Judge Lewis Kaplan to 15–25 years based on his case, according to some lawyers.
Do Kwon likely won’t be extradited ‘before the end of March,’ say lawyers According to Do Kwon’s legal team, a Montenegrin High Court made a Feb. 21 ruling to extradite the Terraform co-founder to the United States “based on erroneous information.”
Appellate court rejects new trial for ‘My Big Coin’ founder Three judges rejected arguments that a court violated Randall Crater’s Sixth Amendment rights and included testimony from a crypto expert he claimed was unqualified.
Crypto users could ‘make a difference in a close election’ in the US — CoinFlip CEO U.S. presidential candidates have won or lost key states by as little as 11,000 votes, giving crypto users the chance to “move the needle one or two points,” according to Ben Weiss.