
Latest from Nikhilesh De
Terraform's Do Kwon Pleads Guilty to Conspiracy, Wire Fraud in UST Blow-up
The 33-year-old Korean national said he "knowingly" participated in a scheme that defrauded purchasers.

Who Is Patrick Witt, President Trump's Next Senior Adviser on Crypto?
The White House's crypto group will apparently be led again by an ex-college football star-turned-politician, though this one has some deeper DC roots.

Terra's Do Kwon to Change 'Not Guilty' Plea in US Fraud Case
Do Kwon previously had pleaded "not guilty" to multiple fraud charges earlier this year.

Harvard Reports $116M Stake in BlackRock’s iShares Bitcoin ETF in Latest Filing
The position marks one of the largest known bitcoin allocations by a U.S. university endowment.

SEC's Long-Running Case Against Ripple Officially Over
The U.S. Securities and Exchange Commission first sued Ripple in 2020, during Donald Trump's first term.

Donald Trump Signs Order Letting Crypto Into 401(k) Retirement Plans
The order directs the Department of Labor to reevaluate how crypto should be treated by retirement fund managers.

NYDFS Fines Stablecoin Issuer Paxos $26.5M for Compliance Failures Tied to Binance’s BUSD
In addition to the fine, Paxos agreed to invest another $22 million into beefing up its compliance program.

ProShares Debuts 'Ultra CRCL' ETF, Letting Traders Double Down on Circle Stock
The ETF is the first to offer amplified exposure to Circle, whose stock price has skyrocketed 134% since the company’s debut in June.

Chainlink Launches LINK Reserve to Fuel Network Growth
The reserve is funded by offchain and onchain revenue, which is automatically converted into LINK via mechanism called Payment Abstraction.

Roman Storm Guilty of Unlicensed Money Transmitting Conspiracy in Partial Verdict
After two Allen charges and four days of deliberation, a New York jury could not reach a unanimous agreement on the conspiracy to commit money laundering charge or the sanctions evasion charge.
