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Latest from Elizabeth Napolitano
Man Behind Defunct BTC-e Exchange Once Popular with Criminals Faces U.S. Charges
Aliaksandr Klimenka is accused of processing billions in transactions for drug peddlers and cybercriminals throughout much of the 2010s.
FTX Expects to Fully Repay Customers but Won't Restart Defunct Crypto Exchange
An initial surge in the FTT token after the news turned negative, leaving FTT plummeting 15% today.
UK Supreme Court Refuses Craig Wright Appeal
In July a panel of judges ruled that Wright was only entitled to just 1 GBP in compensation for a libel claim against bitcoin podcaster Peter McCormack.
Abra to Open Withdrawals After Settling with Texas Regulators
More than 12,000 investors could be able to withdraw roughly $13 million worth of crypto, according to a new settlement between Abra and state regulators.
FTX Affiliate Alameda Research Drops Grayscale Lawsuit
FTX liquidators are scrapping a costly legal battle to secure money for FTX creditors, following GBTC's conversion into a spot bitcoin ETF.
Coinbase and SEC Dig in With U.S. Judge on Whether Securities Law Applies to Listings
The federal judge must now weigh what a Coinbase lawyer characterized as "a pure question of law," and her answer could have big consequences on the crypto sector.
Genesis Global Trading Pays $8M to Settle New York Lawsuit
The crypto lender also agreed to cease its business activities in New York and forfeit its BitLicense to settle anti-money laundering and fraud charges against it.
Bitcoin ETFs Approved: The Industry Reacts
In a milestone for crypto adoption, the SEC today gave the green light to the trading of Bitcoin exchange-traded funds (ETFs). CoinDesk rounded up reaction from across the crypto industry to the news.
Nigeria’s Central Bank Fleshes Out New Rule Allowing Crypto Firms’ Access to Bank Accounts
Nigerian banks are still restricted from holding or trading crypto on their own behalf, despite regulators’ softening stance toward digital assets.
FTX Founder Sam Bankman-Fried Won't Face Second Criminal Trial, U.S. Prosecutors Say
The lawyers said much of the evidence they planned to introduce in the second trial was already introduced in the first case and can be considered in the sentencing planned for March 2024.
