Latest from Nikhilesh De
Prime Trust Is Having a Bad Month
The crypto custodian has been ordered to halt operations while its regulator looks to take it over.
SEC Has No Jurisdiction Over Cryptos on Coinbase, Exchange Says in Lawsuit Response
Coinbase filed an answer to the SEC's lawsuit early Thursday, arguing the regulator violated its due process and is reaching beyond its jurisdiction.
UK Needs Bespoke Legal Framework for Using Crypto as Collateral: Law Commission
The Commission, funded by the Ministry of Justice, also pushed for legislation to treat crypto as a new type of property in its latest set of recommendations.
Nevada Files to Place Crypto Custodian Prime Trust Into Receivership
Nevada's Financial Institutions Division previously indicated that Prime Trust had a massive deficit on its books.
Judge Rejects FTX Founder Sam Bankman-Fried's Motions to Dismiss Criminal Charges
The judge had already denied some of the motions.
Federal Judge Permanently Bars MetaBirkins NFT Maker From Selling Birkin-Based Collectibles
The judge’s order comes several months after a jury found the NFT collection’s maker infringed on Hermes’ intellectual property.
CFTC Kicks Off Review of Kalshi's Congressional Control Prediction Markets
Kalshi wants to let users bet on which political party will control Congress after an election.
2020 Twitter Hacker Sentenced to 5 Years on Crypto Theft, SIM Swapping Scheme
The “Twitter hacker” plundered nearly $1 million from victims of his elaborate online schemes.
Sam Bankman-Fried Can't Subpoena Law Firm Fenwick & West for Documents, U.S. Judge Rules
The founder of collapsed crypto enterprise FTX had argued legal advice from the Silicon Valley law firm was "at the core" of the government's criminal allegations against him.
Leveraged Bitcoin Futures ETF to Start Trading Tuesday, Sponsor Says
Volatility Shares says its 2x leveraged bitcoin futures exchange-traded fund will be based on CME Bitcoin Futures prices.
