Crypto insiders are tying themselves to Coinbase (COIN) as the company seeks to blow up the U.S. Securities and Exchange Commission’s (SEC) “come in and register” crusade aimed at the digital assets sector. In a series of “amicus” briefs filed this week, several crypto groups are ...Read More

The case against Tom Brady, Shaquille O’Neal, and other celebrities who promoted FTX has gained the cooperation of the failed crypto exchange’s ex-compliance chief Dan Friedberg, according to an amended complaint filed late Thursday. Friedberg provided evidence showing that important FTX promotional activity took place in ...Read More

Lawyers for FTX founder Sam Bankman-Fried on Monday filed motions to dismiss the US government’s fraud charges against him. Bankman-Fried’s attorneys said the government failed to properly explain what offenses the former CEO of the bankrupt crypto exchange committed. They urged the judge to ...Read More

When First Republic Bank collapsed earlier this week, some bankers like the head of JPMorgan Chase & Co. said they thought the worst of the banking crisis was coming to a close. But the markets are showing investors are still wary. Shares of San Francisco-based PacWest Bancorp ...Read More

Binance, the beloved poster child of the crypto space has come increasingly under the regulatory microscope since the FTX collapse.  Detractors in the past claimed the company is being led by a “walking time bomb” and now, a top former SEC official is warning ...Read More

The Federal Deposit Insurance Corporation (FDIC) has requested Cross River Bank – known for its services to fintech and crypto firms like Visa (NYSE:V) and Coinbase (NASDAQ:COIN) – to “self-correct” and appropriately address weaknesses in its lending activities. On April 28, the FDIC made ...Read More

On Wednesday, Federal Trade Commission (FTC) Chair Lina Khan pledged to use existing laws to regulate AI in a New York Times op-ed, “We Must Regulate A.I. Here’s How.” In the piece, she warns of AI risks such as market dominance by large tech firms, ...Read More