SEC Slaps Down on Election Bets, CFTC Fights Back and Wins. KalshiEX LLC scored a district court win allowing event contracts on election outcomes, but the D.C. Circuit Court of Appeals just hit pause, granting the CFTC an emergency stay on October 2, 2024. This ruling freezes Kalshi’s ability to list congressional control contracts until…
Tradeweb Pumps $31M into Crypto ECN Crossover, Unlocks Institutional Liquidity Tradeweb, the Wall Street trading giant, just led a $31 million funding round for Crossover Markets, the crypto firm behind the CROSSx electronic communication network (ECN). This isn’t just cash—it’s a strategic hookup linking Tradeweb’s vast institutional network to CROSSx’s spot crypto trading platform. For…
Texas Court Slaps Down SEC in Crypto Mandamus Clash In a sharp rebuke to federal overreach, the Eighth District Court of Appeals in El Paso, Texas, denied mandamus relief sought by Envy Blockchain Inc., NV Landco 1 LLC, and Stephen Decani against an ongoing SEC enforcement action. The relators argued the SEC lacked jurisdiction over…
Google Jumps Back Into the Open Source AI Race With Gemma 4 The information provided only includes a headline and does not include any raw details about the announcement, release, features, licensing, availability, or how Gemma 4 relates to crypto or the broader AI ecosystem. Without additional source material, it is not possible to produce…
Western Union Bets Big on Solana with USDPT Stablecoin Launch Western Union, the remittances giant, is diving into crypto by partnering with Crossmint to launch its own USDPT stablecoin on Solana. This move bridges traditional money transfers with blockchain speed, tapping into Solana’s low-cost network for global payouts. For crypto investors, it’s a massive vote…
SEC Slaps Down in XRP Ruling: Ripple Labs Scores Partial Win A federal appeals court just gutted part of the SEC’s aggressive crusade against Ripple Labs, ruling that XRP token sales on public exchanges don’t count as investment contracts under securities law. This decision shreds the SEC’s broad-brush enforcement playbook, handing a lifeline to crypto…
SEC Crushes Appeal: Crypto Lender’s $17M Frozen in First Circuit Rout The First Circuit Court of Appeals slammed the door on relief defendant Raimund Gastauer, upholding a district court’s freeze of $17 million in assets tied to a crypto lending scam. Gastauer, linked to his brother Michael and entities like Wintercap SA, argued the funds…
### CFTC Scores Rare Win Over SEC in Jurisdictional Turf War The Seventh Circuit just handed the CFTC a mandamus victory against Kraft and Mondelēz, forcing a lower court to reconsider its dismissal of a CFTC subpoena in a massive $64 million spoofing case. This ruling sharpens the divide between commodities and securities regulators, potentially…
Bitcoin Surges Toward $78K But 43% Holders Still Bleeding Red Bitcoin’s price is charging higher with fresh bullish momentum, yet a massive 43% of holders remain underwater on their positions, spooking traders into put options for protection. This split reality—rising prices amid widespread losses—highlights the brutal psychology gripping the market right now. Investors are betting…
SEC Crushes Bilzerian’s Crypto Dreams in Latest Injunction Clash The SEC just slammed the door on Paul Bilzerian’s decade-long quest to re-enter the markets, upholding a permanent injunction in a D.C. court ruling that blocks him from any future stock or crypto offerings. This 2024 decision revives a 1989 fraud case, reinforcing that violators can’t…
Crypto Treasury Inflows Hit Rock Bottom Since October 2024 Corporate and institutional crypto treasuries saw inflows plunge to their lowest levels since October 2024, with Bitcoin leading the pack in most months—except for a brief AI token surge in August and September 2025. DefiLlama data reveals this slowdown signals cooling enthusiasm amid market uncertainty. For…
CFTC Claws Back Authority Over Family Trust’s Trades. The Seventh Circuit just handed the Commodity Futures Trading Commission (CFTC) a big win, ruling that a family trust’s leveraged commodity trades fell under its jurisdiction despite the trust’s claims of exemption. This decision reinforces the CFTC’s broad oversight of futures-like instruments, sending ripples through commodity and…
Polymarket pulls controversial Iran rescue markets after intense backlash Polymarket has removed a set of markets tied to an “Iran rescue” theme after facing intense backlash from users and observers, according to the information provided. The decision underscores an ongoing challenge for crypto-powered prediction platforms: drawing clear lines around what kinds of real-world events should…
Western Union Goes Crypto: USDPT Stablecoin Hits Solana via Crossmint Western Union, the remittances giant, is diving into blockchain with its own stablecoin, USDPT, set to launch on Solana through infrastructure partner Crossmint. This move bridges traditional money transfers with crypto rails, potentially unlocking faster, cheaper global payouts. For crypto investors, it’s a massive vote…
SEC Slaps Down in Crypto Case? Fifth Circuit Delivers Blow to Agency Overreach In a sharp rebuke to the SEC, the Fifth Circuit Court of Appeals on April 17, 2025, vacated parts of a lower court’s ruling in a high-stakes crypto enforcement action, signaling limits on the agency’s power to label digital assets as securities…
SEC Loses Grip: Court Slaps Down Overreach on Food Giant Tokens The Seventh Circuit just torched the CFTC’s bid to force Kraft and Mondelēz into spilling internal docs on their wannabe-crypto “Kraft Token” experiment, ruling the agency lacks subpoena power without a formal enforcement action. This mandamus denial hands a rare win to traditional firms…
SEC Crushed: Crypto Brokers Dodge “Commodity” Label in NY Ruling New York’s Appellate Division just gutted a key SEC weapon, ruling that crypto brokers like Regal Commodities aren’t “commodity merchants” under state law despite trading Bitcoin and Ethereum. In Regal Commodities v. Tauber, the court tossed out fraud claims against a former employee, clarifying that…
Warren Slams US Crypto Bill: Tesla, Meta Dodge SEC Via Loophole Senator Elizabeth Warren is firing shots at a pivotal US crypto bill, warning it carves out exemptions letting giants like Tesla and Meta sidestep SEC oversight. The House is set to debate this market structure legislation next week, alongside two others that could reshape…
SEC Panel Backs Centralization of Crypto Cases in Chicago Court A federal judicial panel led by Chair Sarah S. Vance has greenlit Anthony Motto’s push to consolidate three crypto-related lawsuits into the Northern District of Illinois, pulling in actions from California and Pennsylvania. This move streamlines battles likely tied to crypto disputes, signaling courts’ intent…
SEC’s Crypto Mom Peirce: Tokenized Assets Still Count as Securities SEC Commissioner Hester Peirce, known as “Crypto Mom,” just dropped a reality check: tokenized securities remain firmly under the securities umbrella, no matter the blockchain hype. Echoing ex-chair Gary Gensler’s tough stance, she’s urging crypto players to sit down with the SEC before building. This…
