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The difference between privacy and anonymity boils down to transparency and lawfulness—characteristics that privacy possesses and being anonymous lacks.
Amidst regulatory push, there's no guarantee that imposing laws would be key to having universal ESG standards for firms, and Dr. Lerong Lu believes investor influence is still the most favorable route.
Sources said the investigation is not new, and the SEC has been interrogating investment advisors' custody of digital assets for some time now, though the information is being kept private.
The filing by Mango Labs accuses Eisenberg of a “brazen attack” involving conversion, fraudulent misrepresentation and unjust enrichment and seeks $47 million in damages, plus interest.
Avraham Eisenberg faces another charge tied to alleged fraud and market manipulation, this time brought by the U.S. securities regulator, which reiterated won't tolerate individuals or entities violating the securities laws.
The European Union faces another delay in voting for the passing of its proposed MiCA regulation as it struggles to translate the 400-page file into 24 languages.
Patrick McHenry, Chairman of the House Financial Services Committee, announced his appointments for Chairs of the committee's subcommittees.
In light of the FTX fallout, the Bank for International Settlements published a report on January 12 addressing the risks the digital asset industry poses and laying out the three possible roads forward.
The impact of FTX's collapse may be largely restricted to the digital asset industry, but one effect the crisis had outside of the space was to put the concept of systemic risk back onto the agenda.
A bill passed by the El Salvador parliament provides the framework for a BTC-backed bond, “The Volcano Bond,” which President Nayib Bukele hopes will enable the government to raise capital to pay down its sovereign debt.
A favorable plea deal awaits former FTX engineering chief Nishad Singh if he could offer insight on Sam Bankman-Fried's campaign finance that could be key to solving the exchange's alleged crimes.
Avraham Eisenberg is facing court charges over his alleged "blatant manipulation" of spot prices and swaps that drained $110 million worth of digital assets in the Mango Markets exchange.
