This day of Nov. 8, Sam Bankman-Fried will never forget it. The young 30-year-old billionaire was just before that day considered the tutelary figure of the crypto sphere. A sort of godfather to turn to when things go wrong. He owed this image to his tour ...Read More

U.S. lawmakers have raised concerns about the revolving door between financial regulators and the crypto industry. “Over 200 government officials have moved between public service and crypto firms,” the lawmakers said, adding that they include 31 Treasury Department officials and 28 Securities and Exchange ...Read More

A crackdown by the US Securities and Exchange Commission and other watchdogs who have been investigating crypto’s naughtiest companies is proving to be a boon for the industry, with market participants saying they’re more likely to invest in the space following greater enforcement action. Almost 60% of ...Read More

JPMorgan Chase CEO Jamie Dimon last month branded cryptocurrencies “decentralized Ponzi schemes.” Now the bank has hired its first head of digital assets regulatory policy, Bloomberg reports. Aaron Iovine, former head of policy and regulatory affairs for bankrupt cryptocurrency lender Celsius Network, joined JPMorgan this week, a spokesperson ...Read More

Top regulators on Monday recommended a series of new safeguards to ensure that a growing and unregulated cryptocurrency market doesn’t imperil U.S. financial stability. Among seven major recommendations, regulators called on Congress to pass legislation that would address the systemic risks caused by the ...Read More

The U.S. Securities and Exchange Commission (SEC) said Friday that it has filed charges against two firms and four individuals allegedly perpetrating a cryptocurrency pump-and-dump scheme. The two companies are Bermuda-based Arbitrade Ltd. and Canadian firm Cryptobontix Inc. The other defendants are their principals — Troy ...Read More

The Securities and Exchange Commission today announced charges against Kim Kardashian for touting on social media a crypto asset security offered and sold by EthereumMax without disclosing the payment she received for the promotion. Kardashian agreed to settle the charges, pay $1.26 million in ...Read More