CFTC Chairman Rostin Benham expects a strong year of precedent setting cases ahead. He is confident of more crypto enforcement actions this year.
Bankrupt crypto miner Core Scientific has reached an agreement with the NYDIG to settle an outstanding debt of $38.6 million in exchange for 27,403 crypto mining rigs.
The founders of Squiggles NFT collection are facing a federal grand jury investigation for wire fraud and money laundering.
Cathie Wood's Ark Invest has predicted that Bitcoin will be worth more than $1 million by 2030. The asset manager made the case for Bitcoin in its recent Big Ideas report.
The final report filed by the independent examiner in Celsius' bankruptcy case found that the crypto lender used customer deposits to fund withdrawals, and by doing so, it met the definition of a Ponzi scheme.
BlockFi has received the bankruptcy court's approval to set up the auction for its crypto mining business. The bidding process will conclude by 20 February and all deals will be subject to approval from the court.
The U.S Attorney's Office has asked for Sam Bankman-Fried's bond terms to be altered after the latter contacted employees of FTX in an attempt to influence their testimony.
U.S Senator Ted Cruz has introduced a bill in the Senate that seeks to enable crypto payments at restaurants and vending machines in the Capitol building.