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Regulations
Prime Trust Lost $8M in Doomed Terra Stablecoin Investment, CEO Says
A separate 2021 wallet bungle by the crypto custodian, taken into receivership in July, cost it $76 million, a court filing said
FTX, BlockFi, Genesis Customer Data Compromised in Kroll Hack
A ‘cybersecurity incident’ affected Kroll, which gathers customer claim data on behalf of bankrupt companies.
FTX Taps Galaxy to Sell, Stake and Hedge Its Crypto Billions
The bankrupt exchange wants to return funds to creditors in dollars without denting value.
FTX Bankruptcy Burning Through $1.5M in Legal Costs Every Day
Creditors are lamenting the rapid drain of cash from the global exchange’s bankruptcy as the process stretches over more months.
Tornado Cash Devs Charged With Helping Hackers Launder $1B, Including Infamous North Korean Attacks
Both Roman Semenov and Roman Storm were charged; Storm was arrested.
Australia's CBDC Likely Some Years Away, Central Bank Says
The report said that in a way a "CBDC could be viewed as an enabling complement to, rather than substitute for, private sector innovation."
Ex-OpenSea Executive Nate Chastain Gets 3 Months in Prison for Insider Trading
Chastain was found guilty on charges of buying and selling NFTs from collections he knew would later be featured on his former company’s home page.
Privacy Mixer Tornado Cash Is an Entity, Judge Says
We have yet another court ruling finding a decentralized autonomous organization is an association.
Sam Bankman-Fried Pleads Not Guilty to Latest Indictment
Bankman-Fried's attorney later deplored Bankman-Fried's lack of vegan options in prison, saying he was "subsisting on a diet of bread and water" during the hearing.
Crypto’s ‘Illusory Appeal’ Should Be Met by Regulation, Not Bans, BIS Study Says
Bitcoin ETFs could boost adoption because digital assets offer an escape route for state-imposed capital controls, a grouping of central bankers from the Americas said.
