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Latest from Nikhilesh De
House Votes to Erase SEC Crypto Policy While President Biden Vows Veto
The House of Representatives voted in favor of a resolution to oppose the SEC's crypto accounting policy, Staff Accounting Bulletin No. 121, as President Biden defends it.
The Crypto Lawsuit State of Play
The industry is virtually flooding the courts with requests for clarity.
Former NFL Star Rob Gronkowski to Pay $1.9M to Settle Crypto Investor Suit
The NBA's Victor Oladipo and racecar driver Landon Cassill also struck deals, and a group of Voyager investors said this was the "first tranche" of settlements with promoters of the former cryptocurrency lender.
Crypto Mixers Targeted in U.S. House Democrats' Effort to 'Clamp Down' on Money Laundering
New legislation is on the way to target mixers as money-laundering tools, according to Rep. Sean Casten, who also highlighted Tether as the favorite token for illicit finance.
U.S. DOJ Identifies and Charges LockBit Ransomware Gang Leader with Fraud, Extortion
The U.S. State Department is offering a $10 million reward for information that leads to the apprehension of 31-year-old Russian national Dmitry Khoroshev.
Poll: Most People Cringe About Crypto, But Enough Care to Warrant Politicians' Attention
A survey of swing-state voters shows that as many as 21% of them are serious about crypto policies, though more than two thirds of people distrust the digital-assets movement.
Robinhood Gains 2%, Erasing Early Losses Following SEC Wells Notice
The trading platform previously ended support for all tokens that were named in SEC lawsuits against Binance and Coinbase.
Former Cred Executives Indicted on Wire Fraud, Other Charges
The defunct crypto lender filed for bankruptcy in 2020.
BTC-e Operator Alexander Vinnik Pleads Guilty to Money Laundering Conspiracy Charge
Vinnik was first arrested in 2017, but faced a lengthy extradition process that saw him spend time in Greece and France before being sent to the U.S.
U.S. Senate's Warren Warns National Security Chiefs About Iranian Crypto Mining
In a letter to top officials, Sens. Elizabeth Warren and Angus King flagged Iran's reliance on cryptocurrency mining as a way to evade sanctions pressure.
