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U.S. Government's Case Against Voyager-Binance.US Merger Given Weight by Judge – Here's the Latest
3.4.2023
The case the US Government has made against Binance.US’ plans for an acquisition of bankrupt crypto lender Voyager Digital got a little stronger after a judge decided to halt the merger of the firms pending a government appeal.
The new ruling marks a turn of events after another judge earlier this...
US Government Plans to Sell Over 41,000 Bitcoins Confiscated from Silk Road Hacker
1.4.2023
According to a court document filed on March 31, 2023, regarding the sentencing of James Zhong, who stole over 50,000 bitcoin from the Silk Road marketplace, the U.S. government plans to liquidate 41,490 bitcoin “over the course of this calendar year.” U.S. Government Discloses...
U.S. Government Case Against Voyager-Binance.US Deal Has 'Substantial' Merits, Judge Says
1.4.2023
District Judge Jennifer Rearden put the $1 billion deal on hold but said she’d expedite an appeal to avoid too much delay
U.S. Government Sold $216M of Seized Silk Road Bitcoin This Month
31.3.2023
The U.S. sold 9,861.17 bitcoin ($216 million) on March 14, according to a court filing
Mike Novogratz Laments US Government’s Penchant for Discussing Crypto While Saying ‘Nothing About AI Regulation’
31.3.2023
Galaxy Digital Holdings chief executive Mike Novogratz has said he finds it shocking that U.S. authorities are interested in talking about the regulation of crypto, but have said nothing about artificial intelligence (AI) regulation. Novogratz added that by choosing mainly to focus on crypto...
US Government Remains a Top Bitcoin Holder With Seized Stash Valued at $5.6 Billion
26.3.2023
As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020. Glassnode’s on-chain data reveals that...
Where the U.S. Government Went Wrong in Regulating Crypto
26.3.2023
Former public policy attorney Keiko Yoshino writes about why she started paying attention to crypto, particularly the regulatory missteps
Operation Chokepoint: Bitcoin Advocates Discuss US Government’s Alleged Mission to Eliminate Crypto Access
23.3.2023
Since the collapse of three American banks friendly to cryptocurrency businesses and the U.S. government’s insistence that crypto assets are “risky investments,” many speculators believe bureaucrats are purposely closing access to cryptocurrencies. Some refer to the U.S. government’s recent...
Yellen Says US Could Back All Deposits at Smaller Banks if Needed to Prevent Contagion
22.3.2023
U.S. Treasury Secretary Janet Yellen says the federal government could guarantee all deposits of smaller banks if they “suffer deposit runs that pose the risk of contagion.” The government recently protected all deposits of Silicon Valley Bank and Signature Bank after they failed. U.S....
Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply
16.3.2023
The U.S. government and the Federal Deposit Insurance Corporation (FDIC) are auctioning off two failed American financial institutions, Silicon Valley Bank (SVB) and Signature Bank (SNBY), this week, with bids due by March 17. However, sources familiar with the matter said the qualifications...
Bitfury CEO: U.S. Government Using Crisis to Choke Off Crypto Access to Banks
15.3.2023
Brian Brooks, former head of the OCC and now board member of blockchain technology company Bitfury, says the recent crackdown by regulators on three crypto-friendly banks appears to be a coordinated effort and what some are dubbing "Operation Choke Point 2.0"
U.S. Government Demands Halt to Voyager-Binance.US' $1 Billion Deal – Here's Why
15.3.2023
The US government has demanded to put Binance.US’s proposed deal to purchase the assets from the collapsed cryptocurrency brokerage Voyager Digital on hold.
In a set of court filings submitted on Wednesday, the Securities and Exchange Commission (SEC) and New York’s financial regulator expressed...
Voyager-Binance.US' $1B Deal Should Be Halted, U.S. Government Says
15.3.2023
The Department of Justice doesn’t like provisions that would render the company immune from prosecution for former wrongdoing
Billionaire Warns of Imminent Bank Runs if Government Fails to Guarantee All SVB Deposits
12.3.2023
Billionaire Bill Ackman has warned of “vast and profound” consequences of the U.S. government letting Silicon Valley Bank (SVB) fail without protecting all depositors. “No company will take even a tiny chance of losing a dollar of deposits as there is no reward for this risk....
U.S. Government's $1B Bitcoin Transfer Spooks Investors, Bitcoin Dips
9.3.2023
The price of bitcoin dipped below 22,000 early Wednesday after authorities moved some of the bitcoin to Coinbase-controlled wallets
FTX Bankruptcy Examiner Denial Appealed by U.S. Government
6.3.2023
An independent investigation could cost as much as $100 million, the Delaware court has previously been warned
Crypto Neobank Wallbit Leaves Venezuela Due to Sanctions
28.2.2023
Wallbit, a crypto-enabled neobank, announced it would stop serving users in Venezuela after its banking partner in the U.S. called on it to do so. The platform announced this move was the direct result of the economic sanctions that the country is currently facing, and that Venezuelans outside...
Custodia CEO Slams US Government Over Broad Crackdown, Lack of Regulatory Clarity in Crypto Industry
18.2.2023
Caitlin Long, CEO of crypto bank Custodia, criticized the U.S. government for its handling of a massive crypto fraud that occurred months before the company’s collapse. She made her remarks in a blog post after disclosing evidence to law enforcement. Long’s post followed...
Charlie Munger Urges US Government to Ban Crypto Like China Has Done
3.2.2023
Warren Buffett’s right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, has urged the U.S. government to ban cryptocurrencies like China has done. “A cryptocurrency is not a currency, not a commodity, and not a security. Instead, it’s a gambling contract...
FTX Publishes Creditor List, Owes Millions to Well-Known Institutions and Government Agencies
26.1.2023
The now-defunct crypto exchange FTX has published its list of creditors, with the names unredacted. The comprehensive list, which is over 100 pages long, shows that FTX owes a lot of money to well-known institutions, including Binance, Airbnb, Apple, Amazon, Linkedin, Coindesk, the Wall Street...