Regulations
Binance Bracing Itself for Fines From US Regulators to Settle ‘Past Conduct’: WSJ
The world’s largest crypto exchange has been under extra scrutiny since the collapse of rival exchange FTX.

Coinbase, Anchorage Digital Say They'd Be OK Under SEC Custody Proposal, but Risks May Lurk for Others
The U.S. Securities and Exchange Commission’s proposal to require investment advisers use only “qualified custodians” could complicate advisers' use of crypto platforms.

US Prosecutors Ask Judge to 'Prohibit' Bankman-Fried From Using Phones, Internet
Sam Bankman-Fried had allegedly used a VPN to watch football games.

State of Crypto: Interpreting the Paxos-Binance Tea Leaves
NYDFS forced Paxos to stop issuing Binance USD. The SEC has said BUSD may be a security. Stay with me here – Paxos may not be the regulatory target.

FDIC Tells Crypto Exchange CEX.IO to Stop Claiming US Dollars Held in Its Wallets Are Insured
The agency issued a cease-and-desist letter on Wednesday.

Tornado Cash Developer to Stay in Jail as Dutch Trial Continues
Alexey Pertsev was arrested in the Netherlands in August shortly after the U.S. sanctioned the crypto privacy tool.

FTX Transferred $7.7B From Bahamian Estate to US Units Ahead of Bankruptcy Filing, Court Told
Representatives for FTX said whether assets belong in the Bahamian estate or in the U.S. estate remain open issues.

Celsius's CEL Token May See 20 -Cent Value in Recovery Process, Attorney Says
The token currently has a market value of 54 cents.

Indian Cricket Board Tells Women's Premier League Teams to Shun Crypto Links
The BCCI told the teams that a breach could lead to punitive measures.

Judge Denies Appointment of Independent Examiner in FTX Bankruptcy
Delaware bankruptcy court judge sided with the bankrupt crypto exchange and said there is no need to appoint an examiner to conduct "yet another costly investigation that would slow the progress" of the case.

