FTX and CFTC agree to $12.7B settlement, subject to court approval

Former United States Securities and Exchange Commission official John Reed Stark warns that Morgan Stanley’s Bitcoin ETF pitch could burden its compliance department.

The proposal followed a complaint filed by U.S. authorities alleging Sam Bankman-Fried had leaked Caroline Ellison’s private journals in an attempt to interfere with the trial. 152 Total views 1 Total shares The federal judge overseeing the criminal case against former FTX CEO Sam Bankman-Fried (SBF) may consider a proposed order preventing all involved parties…

Korea is strengthening its crypto regulations, imposing reporting requirements on all employees of its Financial Services Commission. 4447 Total views 24 Total shares Korean Financial Services Commission (FSC) Chairman Eun Sung-soo has ordered FSC officials who hold crypto to file reports on their investments by May 7. The FSC employees subject to reporting are those…

French international soccer striker Kylian Mbappé filed a complaint on March 31 for the unauthorized use of his name on a cryptocurrency scam network, which is being investigated by local authorities.According to the newspaper L’Équipe, the soccer player, who plays for Paris Saint-Germain, is being impersonated to use his name in advertising campaigns for the…

The crypto exchange giant said the decision was part of efforts aimed at proactive compliance with regulatory demands. 74 Total views 79 Total shares Binance has halted Korean won (KRW) trading pairs as part of a raft of changes to its operations in South Korea.In a notice issued on Friday, the crypto exchange giant announced…

The auction of Yuga Labs’ 101 Bored Ape Yacht Club (BAYC) collection has smashed through expectations with a winning bid of $24.39 million. The auction closed on Sept.10 and was hosted by the prestigious auction house Sotheby’s which had earlier estimated the collection would fetch between $12 million and $18 million.The bundle of non-fungibles consists…

There are few indicators capable of accurately detecting professional traders’ sentiment on Bitcoin (BTC). To ascertain whether or not market participants are positioned in a bullish or bearish manner, analysts usually rely on technical analysis and derivatives markets, although those usually mix retail flow.  More recently some exchanges created internal metrics exclusively measuring top traders positions.…