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Latest from Cheyenne Ligon
Former Obama Adviser Nominated to Run NYDFS
If confirmed by the New York State Senate, Adrienne Harris will take over for Linda Lacewell, who resigned earlier this month.

2 New Bills Ask CFTC to Clarify Crypto Regulation, Prevent Price Manipulation
Crypto-friendly congressman Darren Soto (D-Fla.) is the sponsor of both bills.

South Korea’s Top Financial Regulator Is Forming a Dedicated Crypto Bureau
The Crypto Asset Monitoring Bureau will officially launch in September and oversee licensing for exchanges and other operators, among other responsibilities.

AriseCoin Inventor Sentenced to 5 Years in Prison for Securities Fraud
Jared Rice Sr. pleaded guilty to duping investors out of more than $4 million.

SEC Official Calls Crypto Scams the ‘Flavor of the Year’
Scams involving celebrity endorsements of digital assets are becoming more common.

House Moves to Consider Unamended Infrastructure Bill
The House will consider the bipartisan infrastructure bill on Sept. 27.

Y Combinator, Dragonfly Back Seed Round for Crypto Trading Dashboard Hedgehog
Led by Acorns alums, Hedgehog will use the fresh $1.6 million to build a robo-advisor for cryptocurrency investing.

CFTC Commissioner Stump Decries 'Oversimplification' That Crypto Is Either a Security or Commodity
The CFTC has jurisdiction only when looking at futures or other derivatives products, Stump said.

SEC Secures Judgments Against 3 in Bitconnect Scam
One individual must pay more than $3 million and hand over a wallet containing 190 bitcoins.

Compass Mining Says Chase Shut Down Bank Accounts Without Warning
The accounts held about 7% of the company's cash.
