US

BlockFi's Crypto Mining Assets May Be Headed to Market After Bankruptcy Hearing
The crypto lender’s quest to get its hands on $580 million of Robinhood shares originally owned by FTX founder Sam Bankman-Fried has taken another turn, the court was told.

DOJ Claims Sam Bankman-Fried Tried to Influence Witness Testimony, Asks for Communications Ban
A court document filed by prosecutors on Friday alleges Bankman-Fried messaged FTX US General Counsel Ryne Miller on Signal, asking to reconnect and “vet things with each other.”

White House Calls on Congress to ‘Step Up Its Efforts’ on Crypto Regulation
Officials in the Biden administration urged Congress on Friday to expand the authority of regulators to police the crypto industry.

BlockFi’s $10M Staff Bonus Package Approved by NJ Bankruptcy Court Judge
The pay is necessary for the firm to retain critical workers, argued counsel for BlockFi.

Regulatory Clarity? Financial Watchdogs Could Not Be More Clear
If the past year of enforcement actions shows anything, it's that financial regulators are comfortable using existing rules to investigate and prosecute crime in crypto.

Bitcoin on Track for Best January Since 2013, Led by Bullish Trading During US Hours
Bitcoin has rallied almost 40% since Jan. 1, on track for its best opening to a year since 2013 when it surged 51%.

SEC Probing Investment Advisers Over Crypto Custody: Report
The U.S. regulator wants to know whether firms that have custody of client funds meet the criteria of being a "qualified custodian."

CFTC Commissioner Kristin Johnson Urges Congress to Expand Agency’s Authority to Review Crypto Acquisitions
Johnson reiterated concerns that the old regulatory frameworks, like antitrust legislation, may not be enough to prevent the next crypto crisis.

Chalk and Cheese: When Crypto Assets Meet the Securities Laws
Crypto assets cannot function as they're designed to – while being securities, Lewis Cohen, co-founder of DLx Law, writes.

Crypto Exchange Mango Markets Sues Exploiter for $47M in Damages
The platform wants its money back from trader Avraham Eisenberg after losing $114 million in October.

