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Regulations
FTX Lawyers Sullivan & Cromwell Bill $7.5M for First 19 Days' Bankruptcy Work
The 151 staff members assigned to the case worked a combined 6,500 hours in November looking at legal disputes, hacks, and corporate governance.

Dubai Prohibits Privacy Coins Like Monero Under New Crypto Rules
The issuance of anonymity-enhancing crypto are banned under the Emirate's new regulations for digital assets.

Three Arrows’ Founder Refused to Comply With Subpoena, Stonewalling Probe, Court Told
The collapsed hedge fund’s founder Kyle Davies was accused of neglecting his duties as he “shamelessly” promotes his new crypto project.

Unpacking India's CBDC Pilots as Country Prepares for Digital Rupee
India launched two CBDC pilots last year, a wholesale CBDC and a retail CBDC.

SEC Directs Examiners to Focus on How US Broker-Dealers Are Pitching Crypto
The U.S. securities regulator issued its annual examination priorities on how it’ll keep track of emerging risks. The handling of crypto was one of the highlights.

SEC Warns That Retirement Accounts’ Crypto Stakes May Be Unregistered Securities
The agency issued an investor alert flagging self-directed retirement accounts that may be provided bad information about their crypto holdings.

Don't Call It 'Britcoin': Digital Pound Nothing Like Crypto, Bank of England Official Says
The central bank has made no decision on whether a digital pound would use distributed ledger technology, Deputy Governor Jon Cunliffe said.

Alleged Crypto Money Launderer Tied to Ransomware Attacks Pleads Guilty to Conspiracy Charge
Denis Dubnikov was arrested in the Netherlands and extradited to the U.S. last year.

US Prosecutors Ask for Postponement of SEC, CFTC Cases Against Sam Bankman-Fried
The prosecutors are asking that the civil cases be put off until the criminal case against FTX’s founder is decided.

US Judge Rejects Bankman-Fried's Bail Modification Request
The former FTX CEO's attorneys and prosecutors made a joint request to allow him to use certain messaging apps on Monday.
