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Latest from Nikhilesh De
TradFi Giant Direxion Joins Crypto ETF Race by Filing for Combined Bitcoin and Ether Futures Fund
The move comes the same week that six other companies filed to launch ether futures ETFs.

Race for Ether Futures ETFs Kicks Off With 6 Firms Filing SEC Applications
Volatility Shares, Bitwise, VanEck, Roundhill, ProShares and Grayscale have filed applications with the SEC for Ether ETFs.

U.S. DOJ Has 'Extremely Thin' Basis for Jailing FTX's Bankman-Fried Ahead of Trial: Defense
Prosecutors moved to revoke Sam Bankman-Fried's bond release, alleging his sharing Caroline Ellison's diary with the New York Times amounts to witness tampering.

Don’t Pop the Champagne on U.S. Crypto Bills – Progress in Congress Has Been Costly
Though the industry legislation has reached unprecedented heights, the wins may be too messy to open a path to the finish line this year.

Sarah Breeden, CBDC Working Group Member, Appointed Bank of England Deputy Governor
The U.K. closed a consultation on a digital pound in June, something the bank thinks is likely needed.

Judge Rejects Ripple Ruling Precedent in Denying Terraform Labs' Motion to Dismiss SEC Lawsuit
Terraform Labs argued that there was no contract in the sale of UST to retail investors.

U.S. SEC Sues Richard Heart, Hex, PulseChain on Unregistered Securities, Fraud Allegations
Heart raised over $1 billion across three different unregistered securities offerings, the SEC alleged.

Curve Finance Drained of $50M While CRV Token Sinks 12% in Latest DeFi Exploit
More than $100M-worth of cryptocurrency could be at risk due to a bug impacting Curve, a stablecoin exchange at the center of Ethereum’s DeFi ecosystem.

Sam Bankman-Fried's Attempts to Influence Witnesses Show He Must Be Jailed Before Trial: DOJ
The DOJ filed a formal submission to a federal judge after declaring their intent to revoke his bond

Sam Bankman-Fried Maybe Hasn’t Escaped Campaign Finance Charges
The Department of Justice pulled one charge, but it's still pursuing seven for trial this October – and another trial on different charges next March.
