Latest from Cheyenne Ligon
South Korean Web 2 Metaverse Platform Zepeto Gets a Web3 Makeover
The Naver-owned social network worked with Jump Crypto to build ZepetoX on the Solana blockchain.
In Crypto Winter, Jesse Powell’s Pirate-King Leadership Style Might Be the New Normal
Less than 1% of employees have taken the CEO’s buyout offer since he laid down the law on culture. Do employees see Kraken as a “based” place to work, or just somewhere to ride out the bear market?
![CEO Jesse Powell says he's trying to insulate Kraken from “people who basically [think] if you don’t agree with them you’re evil.” (Kraken)](https://cryptonewz.pages.dev/crypto-news-coindesk.com/_next/image?url=https%3a%2f%2fcdn.sanity.io%2fimages%2fs3y3vcno%2fproduction%2f4b5920a655bba68af7143048063997d5da82339b-1440x1080.jpg%3fauto%3dformat&w=1080&q=75)
2 California Men Sentenced to Prison for $1.9M Crypto Grift
The founders of Dropil, Jeremy McAlpine and Zachary Matar, pleaded guilty to one count each of securities fraud last August.
SEC Slaps Founders, Promoters of Alleged Ponzi Scheme Forsage With Fraud Charges
The regulator said the popular Ethereum dapp was used to swindle investors of over $300 million.
Ex-CFTC Chairman Sees Europe’s MiCA Bill as Threat to US Crypto Industry
Chris Giancarlo says the United States should take the lead in regulating digital assets.
Kraken Under Investigation for Alleged Sanctions Violations: Report
The NY Times reported that Kraken allegedly allowed Iranian users onto the platform.
US Rep. Josh Gottheimer Proposes $3M Boost to Treasury’s Crypto Crime-Fighting Unit
The amendment would increase funding to the Treasury’s Office of Terrorism and Financial Intelligence for blockchain analysis tools, training and investigative support.
SEC Enforcement Head Asks Congress for More Resources to Tackle Crypto Issues
Gurbir Grewal told members of a House Financial Services subcommittee he hopes to hire 125 more people, if he can get the funding.
Celsius Lays Out Mining-Focused Reorganization Plan at First Bankruptcy Hearing
The first day hearing revealed Celsius is betting big on its also-indebted mining operation to help fill the $1.2 billion hole in the company’s balance sheet.
Celsius Bankruptcy Filings Hint Retail Customers Will Bear Brunt of Its Failure
The New Jersey-based crypto lender has a $1.2 billion hole in its balance sheet and will likely struggle to pay back its customers and creditors.
