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Latest from Nikhilesh De
U.S. SEC Settles With Abra Over Unregistered Sales of Securities
The securities regulator says Abra sold half a billion dollars in unregistered Abra Earn while also operating without registration as an investment company.

SEC’s Case Against Kraken Will Proceed to Trial, California Judge Rules
The federal regulator sued Kraken in California last year, alleging that the crypto company failed to register with the SEC as a broker, exchange or clearinghouse.

‘My Living Nightmare’: Detained Binance Exec’s Wife Begs for His Immediate Release
Tigran Gambaryan’s family says he can no longer walk and has battled multiple bouts of malaria pneumonia.

R.I.P. Unhosted Wallet Rule
The 2020 FinCEN unhosted wallet proposal has arguably been dead for years, but now it's official.

CluCoin Founder Pleads Guilty to Stealing $1.1M of Investor Funds for Online Gambling
Austin Michael Taylor, 40, of Miami, Florida faces up to 20 years in prison for wire fraud.

Crypto Promoter and Failed Politician Michelle Bond Accused of Illegally Taking FTX Cash
Michelle Bond was indicted on charges that she took illegal campaign contributions when the digital assets advocate and former SEC lawyer was running for Congress.

Top Republican Retains Hope U.S. Crypto Legislation Can Get Done This Year
Sen. Cynthia Lummis said the window is closing, but it's not shut yet.

Coin Center Wins Right to Sue U.S. Treasury, IRS Again Over Controversial Tax Reporting Rule
The crypto think tank argued that a 2021 amendment to 6050I, a law that requires certain transactions to be reported to the government, is unconstitutional.

Bitcoin's Programmability Draws Closer to Reality as Robin Linus Delivers 'BitVM2'
Last October's publication of the "BitVM" paradigm inspired a wave of projects aiming to build layer-2 networks and protocols secured by the largest and oldest blockchain. The latest version brings efficiency gains and overcomes critical shortcomings.

What's Next in SEC v. Ripple?
While the SEC case against Ripple was decided solidly in Ripple’s favor, the takeaways for the rest of the industry are limited.
