Latest from Nikhilesh De
Celsius’ Top Execs Cashed Out $17M in Crypto Before Bankruptcy
Ex-CEO Alex Mashinsky and ex-CSO Daniel Leon pulled bitcoin, ether, USDC and CEL holdings from their custody accounts in May, before the company suspended all customer withdrawals.
Terra Founder Do Kwon's Passport 'Invalidated,' S. Korea Says
Do Kwon has 14 days to return his passport, according to a notice on a government website.
Republican Lawmakers Who Oppose a Fed-Issued CBDC Ask for Justice Department's Assessment
The report came in response to President Biden's executive order on crypto.
Second Crypto Group Objects to CFTC's Use of Chatbot to Serve Legal Papers
The DeFi Education Fund wants the CFTC to identify and serve Ooki DAO's actual members, rather than just serve the DAO at large.
Crypto Lender Celsius Co-Founder, Chief Strategy Officer Leon Resigns: Report
Celsius CEO Alex Mashinsky also resigned last week.
Court Rules CFTC Legally Served Ooki DAO Through Help Bot
The ruling came the same day a group of crypto lawyers and developers filed to join the CFTC's case against Ooki DAO.
Grayscale Takes Over Key Role for Bitcoin Trust, Other Products From Genesis
Grayscale Securities, a new broker-deal division, will handle selling shares of the company’s crypto trust products, taking over a function previously provided by fellow Digital Currency Group subsidiary Genesis Global Trading.
California Regulator Targets 11 Crypto Trading Desks Operating Like 'Ponzis'
California's financial regulator brought enforcement actions against 11 little-known crypto companies Tuesday, alleging they stole customer funds or operated like Ponzi schemes.
Interpreting the CFTC’s Lawsuit Against Ooki DAO
The CFTC sent shockwaves through the U.S. crypto industry by suing a DAO, but it doesn’t actually seem to be questioning decentralization.
California 'BitLicense' Bill Vetoed by Gov. Gavin Newsom
The bill would have created a crypto licensing regime and set up rules for stablecoins.
