US

Crypto Exchange FTX Is Moving Its US Headquarters From Chicago to Miami
The exchange has been steadily building up its presence in southern Florida, including purchasing the naming rights to the NBA’s Miami Heat arena in 2021 for $135 million.

DARPA to Research Risks of Crypto to National Security in Partnership With Inca Digital
Inca will develop a crypto ecosystem mapping tool to analyze crypto financial data and risk.

Celsius Shareholders File to Stake Their Claim for Bankruptcy Payouts
A motion filed by lawyers says the Celsius bankruptcy is “all about the customers” and “without regard for the equity holders.”

US IRS Can Issue Summons to Bank Serving Crypto Broker SFOX Customers in Search of Tax Evaders
The John Doe summons will require M.Y. Safra Bank to provide information about SFOX customers who used the bank and may owe taxes on crypto transactions.

Crypto-Mixing Service Tornado Cash Code Is Back on GitHub
The move by GitHub comes as Ethereum developers have called for platforms that host the mixer service to not ban Tornado Cash code.

Utah Man Charged With 7 Felonies in Connection to Alleged $1.7M Crypto Mining Scam
The DOJ says James Wolfgramm gained the trust of his victims by flaunting images on his social media of digital wallets filled with millions of dollars of crypto, among other lures.

Amid Market Rout, Crypto Miners Are Still Building
Crypto miners are still developing innovative data centers despite a souring market that has some miners struggling to survive.

Fed Hikes Rates to Highest Since 2007; Bitcoin Slides Toward $19K
This is the third consecutive time that members of the Federal Open Market Committee raised rates by 75 basis points, signaling how serious inflationary pressures have gotten in the U.S. The bitcoin market doesn't like it.

US Treasury Wants Public to Comment on Crypto’s Role in Illicit Finance
The Treasury Department listed a number of questions, asking the general public to weigh in on how it’s approaching cryptocurrencies and their possible role in illegal activities.

Biden’s Executive Order Produces Few Answers in Crypto Reports From US Treasury
After six months, the federal government’s review of the crypto world hasn’t yet offered a road map for oversight, though it hinted at a federal regulatory structure and emphasized that a central bank digital currency may have serious support.

