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Latest from Nikhilesh De
U.S. SEC Loses Crypto Lawsuit Over 'Dealer' Definition That Pushed Into Crypto
A Texas federal court ruled that the regulator's new dealer definition that roped in crypto entities was "untethered" to U.S. securities law.

Crypto Foe and SEC Chair Gary Gensler Will Quit When Trump Takes Office
Gensler's plan to fully leave the commission — not just step down as chairman — on Jan. 20 answers the major question of whether he'd stick around to defend his policies until his term ends in 2026.

SEC Distributes $4.6M to BitClave Investors
The SEC sued BitClave in 2020, alleging that it violated securities laws in the course of its $25.5 million initial coin offering in 2017.

Former FTX CTO Gary Wang Won’t Have to Serve Prison Time, Judge Rules
Wang was one of the key cooperating witnesses with U.S. prosecutors in Sam Bankman-Fried’s trial, earning him a “world of credit,” a judge said on Wednesday.

Juiced USDS Yields Woo Solana Traders to Sky's Stablecoin
Sky's Solana rollout has been a smashing success. Will it last?

Trump Said to Consider Crypto Lawyer Teresa Goody Guillén to Lead SEC
A former SEC attorney who now represents blockchain companies, Goody Guillén would be "an instant change maker," said one token project founder.

Howard Lutnick, Tether's Wall Street Banker, Is Trump's Pick for Commerce Chief, Not Treasury Secretary
Lutnick, whose Cantor Fitzgerald has been a custodian for Tether since 2021, has been a vocal proponent of bitcoin and USDT for years.

California Judge Puts the Kibosh on Kraken’s Interlocutory Appeal Attempt
Kraken asked the judge to allow an appeals court to review his earlier ruling that the SEC had adequately alleged that the cryptocurrencies sold on Kraken’s platform could be securities.

Can a Strategic Bitcoin Reserve Move Forward Without Congress? Experts Disagree
The U.S. government already holds more than 208,000 bitcoin, but retaining it is more complicated than might be assumed.

Bitfinex Hack Launderer Heather 'Razzlekhan' Morgan Sentenced to 18 Months in Prison
In the theft of bitcoin from Bitfinex — worth about $9 billion in today's prices — Morgan's 18 months followed the five-year sentencing of her husband last week.
