US

Bitcoin Retakes $17K as Interest Rates Plunge Following Economic Reports
Friday morning's reports on job and wage growth suggested further slowing in the economy.

Brother of Criminal Bitcoin Mixing CEO Pleads Guilty to Stealing 712 Bitcoins From IRS
Gary Harmon, brother of Helix CEO Larry Harmon, stole his brother’s forfeited crypto right out from under the IRS’ nose, and spent it extravagantly.

2023: The Year of Regulation vs. Decentralization
Crypto regulation remains a dark forest. In the year ahead the SEC and CFTC will likely push the boundaries of their existing authorities through novel enforcement actions, says attorney Mike Selig.

Caroline Ellison Plea Agreement: $250,000 Bail, Surrender of Travel Documents, Forfeiture of Assets
The plea agreement would waive Ellison of any charges except criminal tax violations, provided she fully cooperates with U.S. Attorney's office.

Inside Core Scientific’s Prearranged Bankruptcy
The world’s biggest publicly traded bitcoin miner filed for Chapter 11 protection Wednesday. Here’s more details on what that means.

Sam Bankman-Fried to be Extradited to the US
The former CEO of collapsed crypto exchange FTX could arrive in New York to face charges as early as Wednesday afternoon.

Elizabeth Warren's New Financial Surveillance Bill Is a Disaster for Privacy and Civil Liberties
The proposal would turn blockchains into permissioned ledgers surveilled by centralized gatekeepers.

Sam Bankman-Fried Won’t Contest US Extradition: Reports
The change of heart suggests the founder of the crypto exchange founder could leave his notorious Bahamas jail.

Co-Founder of OneCoin Pyramid Scheme Pleads Guilty; ‘CryptoQueen’ Still Wanted
Karl Greenwood has admitted to federal wire fraud and money laundering charges in the $4 billion OneCoin scam, the U.S. Department of Justice says.

US Rings Crypto Warning Bell That Regulators Say Only Congress Can Silence
The latest report of the Financial Stability Oversight Council says the risky sector needs Congress to intervene, though crypto hasn’t yet posed a danger to the wider financial system.

