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The former Chief in the SEC Office of Internet Enforcement suggests the SEC has reason for excitement following Binance’s settlement with the U.S. Department of Justice yesterday. Stark states the SEC now has a treasure trove of Binance-related evidence from various pleadings, including the admittance of the facts in the Nov.
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A former attorney of the U.S. Securities and Exchange Commission (SEC) believes prosecution by the Department of Justice (DOJ) is necessary to deal with crypto grifters. John Reed Stark, who spent 15 years as an SEC enforcement attorney leading cyber-related investigations, says crypto criminals treat regulatory enforcement with levity. DOJ prosecution
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Billionaire entrepreneur Mark Cuban has again locked horns with former securities chief John Reed Stark, this time over who was ultimately to blame for FTX’s collapse and the impact on creditors. During a heated back-and-forth exchange, Cuban argued had the United States Securities and Exchange Commission set “clear regulations,” no
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Crypto Twitter was witness to a fierce debate this wee, with billionaire investor Mark Cuban accusing SEC’s Gary Gensler of throwing crypto under the bus while a former SEC official was quick to come to the regulator’s defense.In a spirited, back-and-forth exchange on Twitter with former SEC officer John Reed
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Public blockchains still have promise to help solve the world’s most intractable problems, even if they haven’t yet. Source
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Fidelity Digital Assets, a subsidiary of Fidelity Investments, says that bitcoin could be considered portfolio insurance. The firm notes that the cryptocurrency “may soon stand in stark contrast to the path that the rest of the world and fiat currencies may take — namely the path of increased supply, additional
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Bitcoin’s (BTC) future may “stand in stark contrast to the rest of the world,” asset manager Fidelity Investments predicts.In a recent research piece, “The Rising Dollar and Bitcoin,” released Oct. 10, Fidelity Digital Assets, the firm’s crypto subsidiary, drew a line between Bitcoin and other currencies.Bitcoin “does not correspond to
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Welcome to the latest edition of Cryptox’s decentralized finance newsletter.In the aftermath of concerning political situations this week, the markets reacted strongly to the downside, but some assets attempted a recovery to end the week positively. 1Password collaborates with Phantom Wallet on API serviceDigital security platform 1Password announced a joint
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Recapping a wild week in bitcoin price action that has drawn out numerous previously-quiet HODLers. On this edition of The Breakdown weekly recap, NLW discusses:Traditional markets: The tension between vaccine optimism and a growing national wave of economy-disrupting lockdownsRegulatory landscape: Crypto ally Brian Brooks nominated for full term at OCC while
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