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SEC Charges Gemini, Genesis For Allegedly Selling Unregistered Securities
The U.S. Securities and Exchange Commission (SEC) alleged that crypto exchange Gemini and crypto lender Genesis Global Capital sold unregistered securities in a lawsuit filed late Thursday. CoinDesk and Genesis are both owned by parent company Digital Currency Group. Moses Singer Partner and former SEC Senior Trial Counsel Howard Fischer joins "First Mover" to discuss the timing and details of the lawsuit, citing SEC's regulatory bandwidth. Plus, his response to Gemini co-founder Tyler Winklevoss' tweet that refers to the lawsuit as "counterproductive."

Voyager Defends $1B Plan to Sell Assets to Binance.US, Legal Filings Show
Bankrupt crypto lender Voyager has defended its $1 billion plan to sell assets to Binance.US, calling criticisms “hypocrisy and chutzpah” based on unverified speculation, according to legal filings. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the opposition the plan has received from FTX trading arm Alameda Research, federal regulators, and a number of U.S. states.

New York State’s Attorney General Sues Former Celsius CEO Mashinsky
New York state’s attorney general has sued Celsius Network's former CEO Alex Mashinsky for allegedly defrauding investors with false statements about the condition of the company to encourage money to keep coming in. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the crypto lender's bankruptcy and what to expect from the lawsuit.

How House Speaker Drama May Impact Crypto Regulation This Year
The U.S. House of Representatives still has yet to elect a speaker after failing on six attempts in the past two days of voting. Blockchain Association Director Of Government Relations Ron Hammond discusses the potential outcome and what that could mean for this year's crypto agenda on Capitol Hill. Plus, his take on the regulatory impact of FTX's fallout and Binance.US reportedly ramping up lobbying efforts in Washington, D.C.

FTX Liquidators in US, Bahamas Lock Horns in Jurisdictional Fight
U.S. and Bahamian liquidators continue to sling mud as they fight for jurisdiction over bankrupt crypto exchange FTX. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details.

What to Expect from Sam Bankman-Fried's Court Appearance
FTX founder Sam Bankman-Fried is expected to plead not guilty to eight different charges at his arraignment in New York, according to a report from the Wall Street Journal. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De weighs in on what to expect from today's court proceedings.

Bahamian Regulator Takes Custody Of $3.5 Billion in FTX Customer Assets
The Securities Commission of The Bahamas has taken custody of FTX deposits valued at more than $3.5 billion as of Nov. 12, according to a media release published late Thursday by the BSC. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De weighs in on the latest FTX development. Plus, his outlook for possible crypto regulation themes in 2023.

Alameda Research Sold Ether-Based Token Holdings for Bitcoin Over Past 24 Hours: On-Chain Data
Millions of dollars worth of tokens held by Sam Bankman-Fried’s embattled trading unit Alameda Research were liquidated and ultimately exchanged for bitcoin Wednesday as the firm's founders face criminal charges related to the collapse of Alameda and FTX, according to onchain data cited by Arkham Intelligence. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De explains what we know so far.

Crypto Miner Argo Blockchain Requests 24 Hour Trading Halt for US Shares
Argo Blockchain, a crypto miner whose shares trade on the London Stock Exchange (ARB) and Nasdaq (ARBK), said it requested a 24-hour suspension of U.S. trading. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the state of crypto mining in the wake of Core Scientific filing for bankruptcy last week. Plus, his state of regulation outlook for 2023.

Why FTX Investors’ Loss Is Wall Street Lawyers’ Gain
Attorneys are charging upwards of $2,000 an hour and $12 million retainers as they attempt to restore funds to the million-odd creditors of crypto exchange FTX. CoinDesk Regulatory Reporter Jack Schickler shares his insights and why law firms may be one of a few winners in the collapse of Sam Bankman-Fried’s failed empire.
