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Latest from Nikhilesh De
Consensys Suit Against U.S. SEC Dismissed by Texas Court
The federal court dropped the lawsuit because its core argument was already resolved, though Consensys repeated assertions that the U.S. securities regulator is abusing its authority.

U.S. Election Betting: CFTC, Kalshi Both Grilled by Judges in Appeals Court
The agency appealed a lower court's decision to let the firm offer prediction markets on which party will control each house of Congress. Crypto firms are watching the case.

Trump Buys Burgers With Bitcoin at NYC Crypto Hangout PubKey
The former president and Republican nominee sent the transaction with the help of PubKey staff.

DeFi Lending Platform Rari Capital Settles SEC Charges
Rari misled investors and offered unregistered securities and broker services, the SEC alleged.

SEC’s Crypto Record Rebuked by Ex-Commissioner, GOP Lawmakers in Hearing
The U.S. securities regulator took a beating in a congressional hearing that was weighted against it, with a witness list of critics calling out the SEC for its fight against crypto firms.

SEC Charges 3 Individuals, 5 Companies With Operating Pig Butchering Scams
The enforcement actions are the first from the SEC alleging this type of crypto scam.

FTX’s Accounting Firm Prager Metis to Pay SEC $1.95M to Settle Negligence Allegations
The international accounting firm will pay $745,000 to settle the FTX-related allegations alone.

U.S. Treasury Sanctions Cambodian Tycoon With Ties to Pig Butchering Scams
One of Senator Ly Yong Phat’s hotels, O-Smach Resort, is a notorious hotbed for human trafficking.

U.S. Republican Lawmakers Say Crypto Legislation Not Yet Off the Table for This Year
Rep. Patrick McHenry and Sen. Cynthia Lummis said they're still shooting for crypto legislative action in the "lame duck" session after the November elections.

U.S. CFTC Chair Behnam Says Regulator Will Keep Pursuing Kalshi Case
The U.S. derivatives regulator's legal battle with the prediction markets is currently winding its way through an appeals court.
