SEC Crushed: Kraft Foods Forces CFTC Hands-Off on Food Bets. The Seventh Circuit just slapped down the CFTC’s aggressive grab for power, ruling it can’t muscle into a private Kraft Foods dispute over hedging deals without clear statutory authority. This mandamus denial hands Kraft and Mondelēz a win, shielding corporate risk managers from surprise regulator…
Bybit to Launch “My Bank” Feature for IBAN Fiat-Crypto Transfers in February Crypto exchange Bybit plans to launch a new feature called “My Bank” in February, designed to support fiat-to-crypto and crypto-to-fiat transfers using IBAN (International Bank Account Number) rails. The upcoming feature appears aimed at simplifying how users move money between traditional bank accounts…
CFTC Clips SEC Wings in Crypto Turf War Victory The Ninth Circuit just handed the CFTC a major win, ruling it can regulate retail crypto leverage trading as commodities derivatives—slamming the door on the SEC’s monopoly claim. Monex Deposit Company and its execs lose big after the court upheld a $12 million penalty for offering…
CFTC Crushes Crypto Trader in Landmark Fraud Win The Ninth Circuit just handed the CFTC a decisive victory against James Devlin Crombie, upholding a lower court’s ruling that slapped him with millions in penalties for manipulating crypto markets. Crombie’s wild trading schemes in 2011 targeted Bitcoin derivatives, but the appeals court said they violated core…
SEC Crushes Binance’s Bid to Dodge Washington Court Grip In a stinging rebuke, a D.C. federal judge shot down Binance’s plea to dismiss the SEC’s massive fraud lawsuit or shift it out of her courtroom, ruling the world’s largest crypto exchange must face allegations of bilking investors through unregistered tokens and fake trading volumes right…
SEC Crushes IRS Crypto Seizure, Hands Win to Asset Owners In a sharp rebuke to federal overreach, a D.C. federal court tossed the U.S. government’s attempt to permanently seize 24 cryptocurrency accounts, ruling the IRS and DOJ failed to prove the assets were tied to crime. This decision guts warrantless crypto forfeitures, signaling courts won’t…
SEC Slaps Down in Delaware Court, Boosting Crypto Defenses A Delaware Superior Court judge just torpedoed the SEC’s aggressive push against Diamond Fortress Technologies and its exec Charles Hatcher II, ruling the agency overreached in demanding internal docs without proving insider trading. This smackdown weakens the SEC’s fishing expeditions into crypto firms, handing a blueprint…
Crypto Traders Dial Back Leverage as Bitcoin Derivatives Markets Reset No raw details were provided beyond the title, so there isn’t enough source information to write a factual news story without inventing events, numbers, or explanations. If you share the “raw content” (even bullet points or a short excerpt), I can turn it into a…
Grayscale Crushes SEC: Spot Bitcoin ETF Path Clears Major Hurdle The D.C. Circuit Court just slapped down the SEC, ruling it acted arbitrarily in blocking Grayscale’s bid to convert its $8 billion Bitcoin Trust into a spot ETF—potentially unlocking billions in fresh crypto inflows and shaking up the agency’s iron grip on digital assets. It…
CFTC Crushes Crypto Trader in Landmark Fraud Win The Seventh Circuit Court of Appeals just handed the CFTC a major victory, upholding a district court ruling against crypto trader James A. Donelson for orchestrating a $2.3 million fraud scheme using Bitcoin and Litecoin. Donelson lost his appeal, affirming CFTC authority over crypto spot markets in…
Coinbase Smacks Down SEC in Landmark Crypto Win Coinbase just scored a massive appellate victory against the SEC, overturning the agency’s denial of its rule-making petition on crypto oversight. The Third Circuit ruled the SEC must reconsider Coinbase’s plea for clear rules on which digital assets are securities, exposing the regulator’s “regulation by enforcement” as…
Former Google Engineer Convicted of Stealing AI Secrets for China A former Google engineer has been convicted of stealing artificial intelligence-related trade secrets and transferring them to entities linked to China. The case adds to growing scrutiny around how advanced AI research is protected, especially when it involves employees with access to proprietary systems and…
Morning Minute: Washington Just Gave Crypto the Green Light No raw content was provided beyond the headline, so there are no verifiable details to report about what happened in Washington, which agency or lawmakers were involved, what action was taken, or how it affects crypto policy. If you share the underlying description or source text…
Bitcoin Flat at $88K Despite Dollar’s 12-Month Slump, Gold’s New High Bitcoin held steady around $88,000 even as the U.S. dollar weakened over the past 12 months and gold reached a new high. The move highlighted a notable contrast in how major assets have been behaving. While gold advanced to fresh records and the dollar…
Solana ETFs Hit a Weekly High as Altcoin Deposits Surge The information provided includes only a headline and does not contain any supporting details about the reported weekly high in Solana ETF activity or the surge in altcoin deposits. Without additional source material—such as the timeframe, the specific ETFs involved, the venue where deposits were…
SEC Crushes Bilzerian’s Crypto Dreams in Decade-Old Injunction Clash The SEC just slammed the door on Paul Bilzerian’s latest bid to dive back into crypto ventures, upholding a 2001 injunction that bars the convicted stock fraudster from future securities schemes. This D.C. district court ruling reinforces the agency’s iron grip on repeat offenders, signaling to…
NY Slip Op 2024-XXXX Order, Supreme Court, New York County (Nancy M. Bannon, J.), entered January 6, 2016, which granted defendants’ motion for summary judgment dismissing the complaint, unanimously affirmed, without costs. Defendants established entitlement to judgment as a matter of law, in this action for personal injuries arising out of plaintiff’s fall on an…
Onchain Perp DEX Trading Accelerates With Nearly $1T in 30-Day Volume Trading activity on onchain perpetual futures decentralized exchanges has accelerated, with nearly $1 trillion in volume over the past 30 days, according to the figures provided. The milestone highlights how derivatives activity—traditionally concentrated on centralized venues—is increasingly being executed through decentralized platforms that run…
Texas Court Slaps Down SEC in Crypto Mandamus Fight Envy Blockchain and its execs just scored a rare win against the SEC’s crypto crackdown, as a Texas appeals court denied the agency’s bid to force evidence handover in a mandamus showdown. This procedural smackdown signals judges are tiring of the SEC’s aggressive tactics on digital…
CFTC Fails to Block Kalshi’s Election Betting Revolution The D.C. Circuit Court just slammed the brakes on the CFTC’s attempt to halt KalshiEX’s election contract betting, denying their emergency stay in a swift October 2 ruling. This keeps Kalshi’s “yes/no” bets on whether Kamala Harris or Donald Trump wins the presidency live on the platform,…
