Coinbase filed an official protest of plans by the U.S. SEC to expand the Investment Advisers Act of 1940 custody rules in order to “protect a broader array of client assets and advisory activities.”
Though he played a central role in the company’s affairs, Ryan Salame has escaped the worst of the negative press directed at founder Sam Bankman-Fried and Alameda CEO Caroline Ellison.
Barry Silbert was bullish on bitcoin in 2014; however, in 2017-2022, he turned to a multi-chain and speculation/trading-based investment strat, leading to one of the major bankruptcies of this bear market.
U.S. Attorney’s Office for the Southern District of New York (SDNY) had assigned Attorney Damian Williams to kickstart the DoJ’s probe if iFinex committed bank fraud.
FTX's Sam Bankman-Fried won't face a second trial for bribing Chinese officials, while Binance's Changpeng Zhao's bid to return to Dubai has been rejected for the second time.
Kazakhstan is prohibiting access to Coinbase due to violations of digital asset laws, citing specific provisions prohibiting unsecured assets and exchanges lacking required permits.
Digital asset exchange Coinbase issued a blog post on October 17 emphasizing its commitment to “rooting out bad actors seeking to use crypto for illicit purposes.”
Binance’s layoffs could top 3,000 by year’s end, according to an exchange staff who claimed that the U.S. Department of Justice probe would likely end in a consent decree or settlement.
Plaintiffs claimed that the description of Tornado Cash was inconsistent and that the sanctioned "property" slammed by the OFAC amounts to nothing more than smart contracts.
An unidentified attacker has assumed control of the Tornado Cash DAO governance after tricking users into approving a proposal that contained malicious code.
GBTC could soon be scrutinized by the U.S. SEC as Rep. Brad Sherman urges Commission chair Gary Gensler to look into the firm's actions and safeguard funds trapped under the investment vehicle.
U.S. SEC believes it has identified securities violations relating to "aspects of the Company's spot market, staking service Coinbase Earn, Coinbase Prime and Coinbase Wallet" products.
