Elizabeth Napolitano

Elizabeth Napolitano was a data journalist at CoinDesk, where she reported on topics such as decentralized finance, centralized cryptocurrency exchanges, altcoins, and Web3. She has covered technology and business for NBC News and CBS News. In 2022, she received an ACP national award for breaking news reporting.

Recent

A judge has warned lawyers for the Securities and Exchange Commission (SEC) that he may sanction them for allegedly misleading the court. (Chip Somodevilla/Getty Images)

Technology

Sec

U.S. Judge Warns SEC Over 'False and Misleading' Request in Crypto Case

A federal judge threatened to sanction the SEC's lawyers after their "false" arguments prompted a court to impose a temporary restraining order on crypto firm Debt Box.

By Elizabeth Napolitano

Dec 1, 2023 at 11:06 p.m. UTC

Dec 1, 2023

SECSecurities and Exchange CommissionLegal

Markets

Iota

IOTA Jumps 43% After Registering Ecosystem Foundation in Abu Dhabi

The IOTA Ecosystem DLT Foundation claims to be the first foundation to be registered under the emirate's regulatory framework for blockchain foundations, the press release sai...

By Krisztian Sandor Elizabeth Napolitano

Nov 29, 2023 at 6:21 p.m. UTC

Nov 29, 2023

IOTAIOTA FoundationAbu DhabiAbu Dhabi Global MarketRegulations

Jump Crypto President Kanav Kariya (Danny Nelson)

Finance

Jump trading group

Jump Trading, Wormhole Part Ways Amid Tough Crypto Market: Bloomberg

Although Jump has been scaling back its crypto-related operations, the reason for the business' parting of ways remains unclear, Bloomberg reported.

By Elizabeth Napolitano

Nov 17, 2023 at 6:57 p.m. UTC

Nov 17, 2023

Jump Trading GroupWormhole

The U.S. Federal Bureau of Investigation arrested three men accused in a complicated scheme to steal $10 million from banks and swap it for crypto. (Jesse Hamilton/CoinDesk)

Policy

Regulation

FBI Arrests Trio Accused of Bilking Banks Out of $10M, Converting Funds to Crypto

Three men allegedly used foreign crypto exchanges to launder the proceeds of a scheme that targeted nearly a dozen financial institutions in the New York metro area.

By Elizabeth Napolitano

Nov 16, 2023 at 6:43 p.m. UTC

Nov 16, 2023

RegulationBank FraudFederal bureau of investigationSDNYCriminalNew York

Paxos CEO Charles Cascarilla at Invest 2018 (CoinDesk)

Policy

Regulations

Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations

The company plans to issue a U.S. dollar-backed stablecoin upon receiving full approval from the Monetary Authority of Singapore, its central bank.

By Elizabeth Napolitano

Nov 16, 2023 at 2:00 a.m. UTC

Nov 16, 2023

RegulationsPaxosMASSingaporeStablecoins

NYDFS Superintendent Adrienne Harris (Stephen Lovekin/Shutterstock/CoinDesk)

Policy

NYDFS Rolls Out Stricter Guidelines for Cryptocurrency Listings, De-listings

The new approval process for token listing and delistings forms part of NYSDFS' plans to "protect consumers and minimize market disruption."

By Elizabeth Napolitano

Nov 15, 2023 at 11:57 p.m. UTC

Nov 15, 2023

US Capital building (Matt Anderson/Getty Images)

Policy

Tether

U.S. Bill Proposes Outlawing Government Use of China-Made Blockchains and Tether's USDT

Government officials would no longer be able to use networks developed by China that power crypto transactions, according to a new bipartisan bill.

By Elizabeth Napolitano

Nov 8, 2023 at 10:20 p.m. UTC

Nov 8, 2023

TetherChinaCongress

OpenSea faces clouds. (Jonny Clow/Unsplash)

Technology

NFT Marketplace OpenSea Cuts Staff

The NFT platform, used to trade Bored Apes and Pudgy Penguins, laid off 50% of its employees as digital art collectibles' floor prices continue to fall.

By Elizabeth Napolitano

Nov 3, 2023 at 9:11 p.m. UTC

Nov 3, 2023

U.S. authorities caught prisoners chatting about how they'd take their crypto stake offshore, suggesting the Bahamas as one idea. (A. Duarte/Flickr)

Policy

Regulations

Prisoners’ Dreams to Stash $54M in Crypto in Exotic Locales Dashed as Feds Grab It for Treasury

While convicted traffickers sought the best off-shore destination for crypto riches, U.S. authorities say they listened in and pounced on the ill-gotten gains from darknet dru...

By Elizabeth Napolitano Jesse Hamilton

Nov 2, 2023 at 10:11 p.m. UTC

Nov 2, 2023

RegulationsProsecutiondrug traffickingdarknetETH