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Latest from Nikhilesh De
Genesis Unveils Proposed Sale Plan With DCG, Bankruptcy Creditors
Parent company Digital Currency Group would turn its equity in Genesis Global Trading over to a holding company as part of an effort to sell both firms.

What Does Kraken's SEC Settlement Mean for Crypto Staking?
Kraken had a pretty lousy day, but the industry is more interested in what this means for staking.

Tether's Attempt to Block CoinDesk's Request for Stablecoin Reserve Records Dismissed by New York Court
CoinDesk filed a Freedom of Information Law request for documents about Tether's reserves in 2021.

Stablecoin Issuer Paxos Is Being Investigated by New York Regulator
The scope of the crypto-related investigation is not yet clear.

IRS Seeks Court Approval to Identify Kraken Crypto Customers
The U.S. tax agency is looking to examine Kraken's books and papers.

Kraken to Shut US Crypto-Staking Service, Pay $30M Fine in SEC Settlement
The announcement by the U.S. regulator confirms a CoinDesk scoop from earlier Thursday.

Kraken Agreed to Shutter US Crypto-Staking Operations to Settle SEC Charges: Source
The SEC is meeting in a closed-door session on Thursday.

FTX Bankruptcy Judge Allows Company to Subpoena Founder Bankman-Fried, Other 'Insiders'
FTX's new leadership asked for the subpoenas last month.

Alleged Crypto Money Launderer Tied to Ransomware Attacks Pleads Guilty to Conspiracy Charge
Denis Dubnikov was arrested in the Netherlands and extradited to the U.S. last year.

US Judge Rejects Bankman-Fried's Bail Modification Request
The former FTX CEO's attorneys and prosecutors made a joint request to allow him to use certain messaging apps on Monday.
