
Latest from Nikhilesh De
California Judge Puts the Kibosh on Kraken’s Interlocutory Appeal Attempt
Kraken asked the judge to allow an appeals court to review his earlier ruling that the SEC had adequately alleged that the cryptocurrencies sold on Kraken’s platform could be securities.

Can a Strategic Bitcoin Reserve Move Forward Without Congress? Experts Disagree
The U.S. government already holds more than 208,000 bitcoin, but retaining it is more complicated than might be assumed.

Bitfinex Hack Launderer Heather 'Razzlekhan' Morgan Sentenced to 18 Months in Prison
In the theft of bitcoin from Bitfinex — worth about $9 billion in today's prices — Morgan's 18 months followed the five-year sentencing of her husband last week.

Only Congress Can Ban Election Betting, Kalshi Tells Appeals Court in New Filing
Kalshi blasted the regulator’s attempt to create a “Goldilocks” definition of gaming that would include elections as “arbitrary, outcome-driven gerrymandering with no basis in the statute," in its ongoing defense against the CFTC's move to ban its prediction markets.

What Does Trump's Win Mean for Crypto?
The industry is hopeful, but the only crypto-ish thing he's done since the election is sell shirts with the DOGE dog.

Trump Names Former SEC Chair Jay Clayton to DOJ Office, the Same Office That Prosecuted SBF
Clayton oversaw the SEC between 2017 and 2020.

Republican State AGs and DeFi Lobby Sue SEC Over Crypto Enforcement Actions
The suit wants a court to block the SEC from suing crypto exchanges moving forward.

UK Government Plans Pilot for a Digital Gilt Instrument Using Distributed Ledger Technology
Chancellor Rachel Reeves will mention the DLT-based digital gilt instrument in her first annual speech laying out her long-term vision.

Republicans Win House Majority, Completing Trifecta in 2024 Election That Saw Donald Trump Win Second Term
Republicans won a majority in the House of Representatives, clearing the way for comprehensive crypto legislation when Congress takes off next year.

