The most interesting articles over the last 24 hours (curated by AI).
| SEC Official Says Binance US Is Operating 'Unregistered Securities Exchange'
The official spoke during a Voyager bankruptcy hearing.
| Ripple CEO: SEC’s methods are ‘not a healthy way to regulate an industry’
Ripple CEO Brad Garlinghouse recently revealed that he expects a decision this year in the lawsuit against the SEC.
| Coinbase Acquires One River Digital Asset Management
No amount has been disclosed for the acquisition.
| Binance Partners With Law Enforcement Agencies to Launch Joint Anti-Scam Campaign
The move follows a successful pilot run with the Hong Kong Police Force.
| EU keeps focus on NFTs in latest anti-money laundering bill draft
New amendments to the European Union's anti-money laundering bill cement NFT platforms as obliged entities.
| Regulators Are Bringing the Multichain Era to a Close
The high cost of understanding multiple chain environments means enterprises are likely to stick to what they know, argues Paul Brody, head of blockchain at EY.
| Former New Yorker Sentenced To Three Years In Prison For Defrauding Purchasers Of Cryptocurrency-Mining Computers And Miner-Hosting Services
Damian Williams, the United States Attorney for the Southern District of New York, announced that CHET STOJANOVICH, a/k/a “Chester J. Stojanovich,” was sentenced today to three years in prison. STOJANOVICH was sentenced for defrauding more than a dozen victims of more than $2 million through fraudulent misrepresentations that he would provide his customers with specialized cryptocurrency-mining computers (“Miners”) and Miner-hosting services that would provide the victims with a lucrative stream of “hash power” convertible into cryptocurrency. Instead, STOJANOVICH misappropriated his victims’ money and failed to provide them with the Miners and Miner-hosting services they had purchased from him. Stojanovich previously pled guilty on November 29, 2022, to one count of wire fraud and was sentenced today before United States District Judge Denise Cote.
| Senators press crypto exchange Binance on potentially illegal business practices after FTX collapse
Senators are pressing Binance, the world's largest cryptocurrency exchange, for detailed information on its finances and compliance practices.
Macro broadly is having an ever-increasing impact on crypto prices. Monitor the most important traditional assets and compare their performance to Bitcoin and Ethereum.
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