crypto regulation

Tornado Cash developers Roman Storm and Roman Semenov were charged with money laundering and sanctions violations earlier this week. FalconX deputy general counsel Purvi Maniar shares her reaction, explaining why it's "very disappointing to see allegations that the benefits of the technology are being used in a negative way to violate U.S. law." Plus, insights into FTX's bankruptcy case and the future of crypto regulation.

25 aug 2023

Two Tornado Cash developers face allegations of money laundering and sanctions violations. Tully & Weiss Criminal Defense Attorney Joseph Tully discusses his reaction, drawing parallels to the legal considerations of Napster and Silk Road. Plus, what to make of the latest developments around Sam Bankman-Fried as the FTX founder settles on a defense strategy ahead of his criminal trial this October.

24 aug 2023

Sam Bankman-Fried intends to argue he was acting in "good faith" in loaning funds to FTX and Alameda executives, in setting Signal messages to auto-delete and in setting up a set of North American entities because he was following the advice of lawyers, including law firm Fenwick & West. CoinDesk's global policy and regulation managing editor Nikhilesh De discusses the latest developments and what happened inside the courtroom during Bankman-Fried's Tuesday arraignment.

23 aug 2023

FTX founder Sam Bankman-Fried is back in court on Tuesday, getting arraigned on the most recent version of his indictment. Renato Mariotti, Bryan Cave Leighton Paisner LLP partner and former federal prosecutor, discusses what to make of the latest developments. The problem is "not the lawyers, it's Sam Bankman-Fried," Mariotti said. 

22 aug 2023

Securities regulators are likely to approve ether (ETH) futures ETFs for trading in the U.S, according to Bloomberg. Bitwise Asset Management Chief Investment Officer Matt Hougan discusses his take on the state of the ether futures ETF race and the implications for the broader crypto industry.

21 aug 2023

Crypto-friendly Custodia Bank announced a week ago that it launched to business customers in a number of states. Custodia Bank founder and CEO Caitlin Long joins "First Mover" to discuss the details of the launch and her reaction to major news in the crypto industry from the plunge in bitcoin to Prime Trust filing for bankruptcy protection. Plus, insights into the legal battle between Custodia Bank and the Federal Reserve.

18 aug 2023

Mining company Bit Digital reported its latest quarterly earnings results this week. The company earned 318.4 bitcoins during the second quarter of 2023. Bit Digital CEO Sam Tabar joins "First Mover" to discuss why bitcoin's (BTC) price is a major headwind for the mining industry. Plus, insights on their nearly carbon-free operations and the miner's fairly recent expansion into Iceland.

17 aug 2023

The Argentinian peso plunged earlier this week, after the government devalued its currency by nearly 18% and a libertarian candidate who has advocated for the elimination of the central bank and spoken favorably of Bitcoin won the primary presidential election in the country. Ripio founder and CEO Sebastian Serrano joins "First Mover" to discuss the surprising election results and rising inflation in Argentina.

16 aug 2023

Sen. Cynthia Lummis (R-Wy.), some crypto lobbying organizations, and a group of professors are calling on a federal court to dismiss a Securities and Exchange Commission (SEC) lawsuit against Coinbase. The Chamber of Digital Commerce Vice President of Policy Cody Carbone joins "First Mover" to discuss the amicus briefs filed and insights on the SEC's approach to crypto regulation.

15 aug 2023

A federal judge revoked Sam Bankman-Fried's bond release, saying the FTX founder appears to have "attempted to tamper with witnesses." Hermine Wong, former Coinbase head of policy and current principal at herminewong.xyz, joins "First Mover" with her reaction to Bankman-Fried's bond revocation. Plus, her outlook on crypto adoption as the industry is plagued with negative headlines.

14 aug 2023