New York AG sues Gemini, Genesis for $1 billion fraud
The New York Attorney General Letitia James filed the lawsuit against Gemini, Genesis and DCG on Thursday. It’s alleged the...
Regulation
ECB officials move to ‘preparation phase’ for digital euro
The governing council of the European Central Bank (ECB) has announced it will begin the ”preparation phase” for the digital...
Australia proposes new licensing regime for crypto exchanges
Exchanges with specific asset levels must obtain an Australian Financial Services License The draft legislation is expected to go out...
Tether freezes 32 addresses linked to terrorism in Israel and Ukraine
Key takeaways Stablecoin issuer Tether has frozen over 30 crypto addresses linked to terrorism and warfare in Ukraine and Israel....
KYC hook for Uniswap v4 stirs community controversy
A new hook available on an open-source directory for Uniswap V4 hooks is sparking controversy within the crypto community. The...
Coinbase continues push to compel SEC to act on crypto rulemaking petition
Coinbase has doubled down on its push for a court order compelling the United States Securities and Exchange Commission (SEC)...
Sam Bankman-Fried’s legal team moves to pursue theory on FTX terms of service
Lawyers representing former FTX CEO Sam “SBF” Bankman-Fried are seeking to bring up certain information from the crypto exchange’s terms of...
China opens industrial park for digital yuan CBDC development in Shenzhen
China opened an industrial park dedicated to developing the digital yuan ecosystem on Oct. 11, according to Chinese press reports....
Hata receives in-principle approval to be fifth Malaysian digital exchange
The Malaysia-based Hata has received in-principle approval from Securities Commission Malaysia (SC) to register as a Recognized Market Operator (RMO)...
FTX co-founder Wang discusses plea deal, knowledge of financial concepts at SBF trial
Day six of the trial of Sam Bankman-Fried saw the conclusion of former FTX chief technology officer Gary Wang’s testimony...
Astrology NFT project ‘Lucky Star Currency’ rugged for over $1m
The astrology-themed NFT project Lucky Star Currency (LSC) has performed an exit scam for over $1 million, according to an...
SBF trial underway, Mashinsky trial set, Binance’s market share shrinks
Top Stories This Week Opening arguments begin in Sam Bankman-Fried trial The trial of former FTX CEO Sam “SBF” Bankman-Fried...
House Republicans urge tighter export controls on advanced chips
On Friday, Oct. 6, two senior Republican members of the United States House of Representatives urged the Biden administration to...
Canada clarifies guidelines for stablecoins trading
Canadian securities regulator CSA has clarified terms and conditions for stablecoin trading on exchanges. Crypto platforms and issuers have to...
![Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 3]](https://mycryptoaction.com/wp-content/uploads/2023/10/Latest-update-—-Former-FTX-CEO-Sam-Bankman-Fried-trial-Day-540x340.jpg)
Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 3]
Cointelegraph reporters are on the ground in New York for the trial of former FTX CEO Sam “SBF” Bankman-Fried. As...
Cocoa broker testifies to Bitcoin holdings on FTX in Sam Bankman-Fried trial
The prosecuting attorneys in the criminal case against former FTX CEO Sam Bankman-Fried, also known as SBF, have started to...
Embattled crypto lender Celsius wants to start repaying customers by year-end
Key takeaways Celsius seeks to start repaying customers soon Embattled crypto lender Celsius Network is seeking court approval to start...
One-third of all CFTC crypto enforcement actions took place this year: Chair Behnam
United States Commodity Futures Trading Commission (CFTC) chair Rostin Behnam highlighted his agency’s activity in the crypto sphere and the...
DOJ readies witnesses in Bankman-Fried trial, highlights FTX asset management
The Department of Justice (DOJ) has confirmed its intention to summon former FTX clients, investors and staff as witnesses in...
Expect new crypto regulations to follow Bitcoin ETFs
Aside from liquidity, what do institutions bring to crypto? What precisely is their value added? This is an instructive question...
CoinShares says US not lagging in crypto adoption and regulation
European cryptocurrency investment firm CoinShares is optimistic about cryptocurrency regulation in the United States as the firm enters the new...
SEC delays decision on ARK Invest and Global X Bitcoin ETFs
The SEC has delayed its decision on the ARK 21Shares Bitcoin ETF decision to early 2024. Also delayed is the...
