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Judge Denies Appointment of Independent Examiner in FTX Bankruptcy
Delaware bankruptcy court judge sided with the bankrupt crypto exchange and said there is no need to appoint an examiner to conduct "yet another costly investigation that would slow the progress" of the case.
SEC Proposal Could Bar Investment Advisers From Keeping Assets at Crypto Firms
As long as crypto platforms and lenders aren’t registered as exchanges or banks, they wouldn’t qualify as custodians in the latest SEC limits proposed for registered investment advisors.
Kansas Looks to Cap Crypto Political Campaign Donations at $100
The U.S. state is looking to amend its campaign financing rules to require donors' names and addresses be collected – and mandate contributions be made strictly via U.S.-based entities.
4 Reasons Why US Lawmakers Shouldn’t Back Sen. Warren’s Latest Crypto Bill
The Digital Asset Anti-Money Laundering Act is unworkable and assuredly unconstitutional.
Republicans Plan to Reintroduce Legislation to Prevent Crypto Restrictions in 401(k): Politico
The legislation will be introduced in the House by Rep. Byron Donalds (R-Fla), the report said.
FTX Seeks to Reclaim $400M From a JPMorgan Account: New York Times
The funds, invested in a hedge fund called Modulo, were converted into cash and are sitting in an interest-bearing account.
Former SEC Chief Counsel Says Agency Needs to Make Clear Its Crypto Compliance Rules
“When the SEC tells us that something is not compliant, it’s not necessarily the same thing as telling us what they would consider compliant,” said TuongVy Le, a partner and head of regulatory and policy at investment firm Bain Capital.
SEC to Make It Harder for Hedge Funds to Work With Crypto Firms: Bloomberg
The rule change would make it harder for crypto firms to become "qualified custodians," according to the report.
SEC Case Against Bankman-Fried Postponed Pending Criminal Trial
Charges can wait until the Department of Justice’s case against the FTX founder concludes, a judge said.
US Judge Approves Removal of FTX Turkish Units From Bankruptcy Case
The crypto exchange had asked the court to greenlight the exclusion of the units after Turkish authorities ordered the seizure of most of its assets in the country.
