Cointelegraph By Turner Wright

US officials announce $4.3B settlement with Binance, plea deal with CZ read full article at worldnews365.me

Officials with the United States Department of Justice announced that Binance CEO Changpeng “CZ” Zhao will plead guilty to one felony charge as part of a settlement over criminal and civil cases with the exchange. “In a Nov. 21 press conference, Attorney General Merrick Garland announced that CZ entered his plea in person …

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Event recap for North American Blockchain Summit read full article at worldnews365.me

Once branded for a Texas-specific audience, the North American Blockchain Summit (NABS) shook things up in 2023 — changing its location and name as many United States lawmakers prepared for an election season. Hundreds of crypto and blockchain enthusiasts gathered in Fort Worth, Texas from Nov. 15-17 to network, discuss …

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Cynthia Lummis leads the charge calling for DOJ action against Binance and Tether read full article at worldnews365.me

Cynthia Lummis, a crypto proponent representing Wyoming in the United States Senate, has called on the U.S. Justice Department to consider charges against crypto exchange Binance following the terrorist group Hamas’ attack on Israel. In an Oct. 26 letter to U.S. Attorney General Merrick Garland, Lummis and Arkansas Representative French …

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Will Sam Bankman-Fried fix his case when he takes the stand? read full article at worldnews365.me

Sam Bankman-Fried (SBF) had a lot going against him well before the start of his criminal trial: the ire of many in the crypto space, suspicion from United States policymakers, and negative attention from some in the media looking for clickbait angles to associate with the former FTX CEO.  None …

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US Congress remains legislatively paralyzed on crypto bills without a House speaker read full article at worldnews365.me

No piece of legislation — crypto-related or otherwise — has largely been able to move through the United States Congress since Oct. 3, when lawmakers voted to oust then-Speaker of the House of Representatives Kevin McCarthy. This marks the first time in U.S. history that the legislative body has been …

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Advocacy groups push back against Sen. Warren linking crypto with terrorism read full article at worldnews365.me

United States-based crypto advocacy organizations are calling out Senator Elizabeth Warren and other lawmakers for some of the claims made regarding connections between the terrorist group Hamas and financing through cryptocurrency. On Oct. 17, Sen. Warren and more than 100 lawmakers signed a letter calling for action to “meaningfully curtail …

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Trader Joe’s grocery store files trademark lawsuit against Trader Joe DEX read full article at worldnews365.me

Lawyers representing United States supermarket chain Trader Joe’s have filed a complaint in California against decentralized exchange Trader Joe. In an Oct. 5 filing in the U.S. District Court for the Central District of California, Trader Joe’s sued Trader Joe and its co-founder Cheng Chieh Liu over federal trademark infringement …

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Michael Lewis’ new book puts a positive spin on Sam Bankman-Fried read full article at worldnews365.me

I haven’t read Michael Lewis’ The Big Short: Inside the Doomsday Machine, but I find it difficult to believe that the author expressed much sympathy for those involved in the United States housing bubble prior to the 2008 financial crisis. By contrast, his account of former FTX CEO Sam Bankman-Fried …

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Book describes Sam Bankman-Fried with little attention span or respect for appointments read full article at worldnews365.me

Michael Lewis, author of The Big Short, has painted an interesting picture of Sam Bankman-Fried (SBF) in his soon-to-be released book on the former FTX CEO. In an excerpt of Going Infinite: The Rise and Fall of a New Tycoon published in the Washington Post on Oct. 1, Lewis described …

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Industry leaders and policymakers weigh in on a potential US gov’t shutdown read full article at worldnews365.me

The United States House of Representatives has rejected a bill passed by the Senate aimed at funding the government, and Speaker Kevin McCarthy’s proposals have so far failed to gain traction with hard-right lawmakers in the House — all actions suggesting that the U.S. government is heading toward at least …

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How are crypto firms responding to US regulators’ enforcement actions? read full article at worldnews365.me

United States regulators including the Securities and Exchange Commission (SEC) have ongoing civil cases against major cryptocurrency firms including Binance, Coinbase, and Ripple, but not every company has been subject to the same treatment. Gary Gensler, serving as SEC chair since 2021, has been widely criticized by many lawmakers and …

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Grayscale wins the court battle, but what does this mean for a spot Bitcoin ETF? read full article at worldnews365.me

A federal judge has overturned the United States Securities and Exchange Commission’s decision to deny an exchange-traded fund (ETF) offering from Grayscale Investments through its Bitcoin Trust, but many experts have pointed out the court ruling will not automatically lead to the first spot Bitcoin ETF in the country. In an …

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