Congress Debates CFTC Role in Sports-Betting Prediction Markets
The fight is now a turf battle as much as a policy one: courts, the CFTC and a House subcommittee are all moving in parallel, with no clean jurisdictional answer yet.
Court rulings, lawsuits, settlements, indictments, and litigation involving crypto firms and protocols.
The fight is now a turf battle as much as a policy one: courts, the CFTC and a House subcommittee are all moving in parallel, with no clean jurisdictional answer yet.
The claim is small relative to the $10M liability pile, but the optics matter: a co-founder terminated over a token-launch dump scandal now sits in the creditor queue alongside ordinary creditors.
The bankruptcy caps a year of governance collapse for the Move-based Ethereum layer-2: a market-making deal dumped 66M MOVE tokens, Binance banned the counterparty, co-founder Rushi Manche split, and…
Two February margin calls already hit Bitcoin treasury firms in 2026, and undisclosed trigger ratios mean no one outside the lenders can rank who is closest to the next one.
The temporary restraining order hits Kalshi in its home state, where its political-event contracts already won a CFTC fight last year. Sports betting is a bigger and more legally crowded lane.
The case is one of the largest retail-facing mining schemes charged by the SEC this cycle and lands as the agency widens its fraud sweep beyond insider-trading and disclosure cases.
The compromise bans federal officials from personally profiting off crypto while in office, removing the last political blocker on the bill's march toward a Senate floor vote in early August.
The fourth distribution dumps $2.2B of liquidity into a market already under macro pressure, while creditors in 45 jurisdictions must act within six months or forfeit their share of the estate.
Only 13% of investor funds reached the advertised crypto-mining rigs; the rest funded lifestyle spending and unrelated ventures, the SEC alleges.
Months of bipartisan work on presidential digital-asset conflict-of-interest rules now hinge on a single closed-door meeting, and the clock on market-structure legislation is the real casualty.
The $7,600 ceiling is tiny in dollar terms, but pairing crypto penalties with drunk-driving sends a clear signal to the five exchanges still in the licensing queue.
The bill cleared the House and Senate Banking, but a Warren-led push for enforceable crypto ethics language tied to Trump's $1.4B disclosure has frozen floor math, with the August recess narrowing…
Democrats are tying the market-structure bill to conflict-of-interest limits after Trump disclosed roughly $1.2B in crypto-linked earnings, leaving the August floor timeline in doubt.
The firm keeps its Buy rating despite the cut, signaling confidence in the long-term thesis while acknowledging near-term BTC headwinds that compress the stock's fair-value ceiling.
The estate's second 2025 distribution cycle begins July 31. The read: the bankruptcy machine is clearing its backlog faster than skeptics expected, and that's the angle general-creditor claimants…
Funds go to allowed Convenience and Non-Convenience Class claim holders who completed pre-distribution steps by the June 16 record date, with preferred equity holders due a second payment the same…
The latest bankruptcy distribution follows a $2.2B March payment, returning another large pool of capital to eligible claimants.
The order targets Binance, Bybit, OKX, CoinEx, FixedFloat and Bitfinex, and the trail starts from wallets tied to President Milei's February 2025 token endorsement.
The structural market bill needs 60 Senate votes and now has none from Democrats after a last-minute ethics rewrite. Two July windows remain before midterm recess pulls it off the floor.
The 22-year sentence and 1,500-victim count underscore how aggressively Taiwanese courts are pursuing domestic crypto fraud cases tied to local exchange brands.