Latest from Nikhilesh De
State of Crypto: The US Government Keeps Mentioning Terrorism
Congress is holding a hearing on financing for domestic terrorism this week. What role will bitcoin play?
NY AG’s $850M Probe of Bitfinex, Tether Ends in an $18.5M Settlement
In a closely watched case with wide-ranging implications for the crypto market, Tether has admitted no wrongdoing and will provide reports on USDT’s reserve composition for two years.
BitPay to Pay $500K to Settle OFAC Sanction Violation Charges
BitPay is accused of facilitating over 2,100 transactions with individuals in sanctioned nations.
DOJ Charges 3 North Korean Hackers With Stealing $100M+ From Crypto Firms
The hackers allegedly stole over $1.3 billion overall through various schemes.
State of Crypto: Will 2021 Finally Be the Year of the Bitcoin ETF?
The market has matured since 2018, when bitcoin ETF applications last hit a peak. It's unclear whether that's enough to see one approved.
What Really Happened When Robinhood Suspended GameStop Trading
The byzantine world of the public U.S. securities market killed the GameStop pump (sort of).
Blockchain Mortgage Platform Figure Launches SPAC to Raise $250M
Figure seeks to raise $250 million through the special purpose acquisition company, according to a regulatory filing on Thursday night.
Crypto Use in Terrorism 'a Growing Problem,' Yellen Says
"I see the promise of these new technologies, but I also see the reality: Cryptocurrencies have been used to launder the profits of online drug traffickers; they’ve been a tool to finance terrorism," Yellen said.
EY, Quadriga Law Firm Warn of 'Imitation' Site
The imitation site is not authorized by EY and affected users have been advised to avoid at all costs.
US Lawmakers Ask Justin Sun, DLive How They Moderate Extremist Content
The letter also asks whether DLive identified any crypto donations from foreign entities to the individuals present on Jan. 6.
