US

US

Policy

Caitlin Long Sees 'Coordinated Effort' Among Regulators for Custodia Rejection

The CEO says crypto is here, get used to it. Custodia Bank has filed another master account application with the Federal Reserve.

Caitlin Long at BTC 22 (Danny Nelson/CoinDesk)

Finance

FTX Bankruptcy Claims Sell for 20 Cents on the Dollar in Private OTC Markets

The sales suggest distressed asset funds are projecting recoveries of about 50 cents over five years.

(Towfiqu Barbhuiya/Unsplash)

Policy

Custodia Bank Renews Push for Fed 'Master Account' After Rejection

The Federal Reserve and Kansas City Fed rejected Custodia's applications for membership and a master account last month.

Caitlin Long at BTC 22 (Danny Nelson/CoinDesk)

Finance

Binance Considers Severing US Ties in Face of Crypto Crackdown: Bloomberg

The crypto exchange has been investigated by a host of U.S. regulators and government agencies.

(Danny Nelson/CoinDesk)

Policy

Bernstein: SEC Tightening of Crypto Regulations Is Not an Existential Threat

Some in the industry had expressed concern that crypto was actively being removed from the banking system with an attack on stablecoins and custody rules, the report said.

(CoinDesk)

Policy

BlockFi Looks to Dismiss Bankruptcy Case for SBF’s Robinhood Shell Company

Emergent Fidelity’s case is "futile," says the bankrupt crypto lender seeking access to its 55 million Robinhood shares.

(Shutterstock)

Policy

Bankman-Fried $250M Bond Is a ‘Joke,’ Claims Securities Lawyer

“MetaLawMan” James Murphy says that in 30 years of experience he has “never seen anything this lenient in a situation” where someone has lost millions of dollars of users’ money.

El fundador de FTX, Sam Bankman-Fried, vuelve a comparecer ante el tribunal en las Bahamas. (Joe Raedle/Getty Images)

Policy

SEC Sues Terraform Labs, Do Kwon for Misleading Investors on TerraUSD Stablecoin

The collapse of TerraUSD last year led to a wave of bankruptcies in the crypto industry.

Daniel Shin, izquierda, y Do Kwon, cofundadores de Terra. (Terraform Labs)

Policy

FTX’s Bahamas Unit Commingled Client, Corporate Funds, Liquidators Say

FTX Digital had bank accounts with a balance of $219 million, according to a PriceWaterhouseCoopers report.

Eleuthera Island, the Bahamas (Central Eleuthera).

Policy

Wyoming Lawmakers Pass Bill Prohibiting Forced Disclosure of Private Crypto Keys

The U.S. state's House of Representatives approved the rules, which won't apply in cases where there is no alternative way to access the requisite information.

Jackson Hole, Wyoming (Ben Emrick/Unsplash)