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Latest from Nikhilesh De
In Mexico’s Biggest Election Yet, Crypto Remains on the Sidelines
The favorite to win, Mexico City’s former Mayor Claudia Sheinbaum, is expected to remain aligned with her party’s previous position on crypto, one that focuses more on protecting customers than any explicit legislation.

Binance Founder Changpeng Zhao Should Spend 3 Years in Prison, DOJ Says
The DOJ wants Zhao to serve 36 months after his guilty plea last year.

Indonesian President Joko Widodo Warns of Money Laundering via Crypto and NFTs
The amount of money laundered through crypto in 2021 is considered "extremely large" according to the president.

The Ever-Dwindling Chances for a Stablecoin Law
The timeline for the introduction, markup and passage for a stablecoin bill is getting tight as Congress gears up for election season.

Jailed Binance Exec’s Bail Hearing in Nigeria Postponed Until May 17
Tigran Gambaryan has been detained in Nigeria since February 26.

Crypto Lobbyists Sue SEC Over 'Dealer' Definition
The SEC adopted a broadened "dealer" definition that might capture crypto traders, the Blockchain Association and Crypto Freedom Alliance of Texas alleged.

Two SEC Lawyers Resign Following Debt Box Sanctions Fiasco: Bloomberg
Last month, a Utah district court judge ordered the SEC to pay Debt Box’s legal fees.

Sam Bankman-Fried Agrees to Help FTX Investors Go After Celeb Promoters
Bankman-Fried’s one-time friends and co-defendants Caroline Ellison, Gary Wang, and Nishad Singh have already settled with the investors.

Binance Exec's Wife Denies Report of Extradition to Nigeria
Nigerian media outlets have reported, citing government sources, that Nadeem Anjarwalla, who escaped Nigerian custody in March, could be extradited back to the country within the week.

Grayscale's Planned Mini Bitcoin ETF Will Have a 0.15% Fee, the Lowest Among Spot Bitcoin ETFs
Grayscale said it will contribute 10% of Grayscale Bitcoin Trust (GBTC) assets to the Bitcoin Mini Trust.
