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US Lawmakers Want State Department to Disclose Crypto Rewards
The State Department will have to report on payments it makes in crypto and their effects, according to a draft of the NDAA.

Innovation vs Regulation
Could Hong Kong and Singapore rival the U.S. together? That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

Bitcoin Slips as US Economy Added a Strong 263K Jobs in November
The unemployment rate was unchanged at 3.7%.

US Justice Department Wants FTX Fraud Allegations to Be Investigated
The collapse was described as the "fastest big corporate failure in American history," in a court filing.

US Prosecutors Charge 21 Alleged ‘Money Mules’ With Using Crypto to Launder Proceeds of Cybercrimes
The arrests are the result of a multi-year investigation by the U.S. Secret Service, the Postal Inspection Service and the Department of Justice.

Regulating Crypto Not a ‘One-Agency Solution,’ CFTC Commissioner Says
Appearing on CoinDesk TV, Summer K. Mersinger discussed why the need to regulate crypto will require her agency to work closely with others.

US Senators Demand Sam Bankman-Fried, FTX Execs Be Held Accountable to 'Fullest Extent of the Law’
Elizabeth Warren (D-Mass.) and Sheldon Whitehouse (D-R.I.) said in a Wednesday letter to Attorney General Merrick Garland they want Sam Bankman-Fried and others investigated.

Ohio Investment Manager Arrested for Allegedly Running a $10M Cryptocurrency Ponzi Scheme
The U.S. CFTC had previously taken legal action against the man.

House Subcommittee Chair Calls for Documents as Part of FTX Collapse Probe
Rep. Raja Krishnamoorthi (D-Ill.) is chairman of the Subcommittee on Economic and Consumer Policy.

Bahamian FTX Liquidators Cite ‘Serious Fraud and Mismanagement’ in Court Filings
Court-appointed liquidators in the Bahamas are seeking to halt asset sales while the complex enterprise is wound up.
