State of Crypto

(Nikhilesh De/CoinDesk)
The SEC's Beaxy Suit Looks Like a Coinbase Case Preview
The SEC took pains to note the Beaxy exchange did a lot of illegal trading. Is this a preview of its action against Coinbase?
(Nikhilesh De/CoinDesk)

(Nikhilesh De/CoinDesk)
That Binance Suit Sure Seems Bigger Than Just a CFTC Case
The implications of the CFTC’s lawsuit against Binance extend well beyond any civil action.
(Nikhilesh De/CoinDesk)

(Tim Grist Photography/GettyImages)
Silvergate's Collapse May Spell Regulatory Trouble for Crypto
Silvergate’s woes are an ill omen for the broader crypto industry.
(Tim Grist Photography/GettyImages)

Grayscale Bitcoin Trust at Issue in Court
Grayscale Bitcoin Trust at Issue in Court
The Grayscale Bitcoin Trust discount to net asset value has fallen to its lowest level in a month, ahead of oral arguments in federal court related to Grayscale's lawsuit agai...
Grayscale Bitcoin Trust at Issue in Court

Binance.US Is Operating 'Unregistered Securities Exchange:' SEC Official
Binance.US Is Operating 'Unregistered Securities Exchange:' SEC Official
A U.S. Securities and Exchange official said agency staff believes Binance.US is operating an unregistered securities exchange in the U.S., and that staff believe the sale of...
Binance.US Is Operating 'Unregistered Securities Exchange:' SEC Official

SEC Chair Gensler Says Crypto Exchanges May Not Be ‘Qualified Custodians’
SEC Chair Gensler Says Crypto Exchanges May Not Be ‘Qualified Custodians’
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler pushed back on the idea that crypto exchanges could be safe, qualified custodians for investment advisers. Coi...
SEC Chair Gensler Says Crypto Exchanges May Not Be ‘Qualified Custodians’

Silvergate Stock Tumbles After Bank Says It May Face Certain Regulatory Probes
Silvergate Stock Tumbles After Bank Says It May Face Certain Regulatory Probes
Silvergate Bank announced it would delay the filing of its annual report on Wednesday, sending its stock price plunging. "The Company is currently analyzing certain regulatory...
Silvergate Stock Tumbles After Bank Says It May Face Certain Regulatory Probes

Sam Bankman-Fried outside court on February 9, 2023 (Liz Napolitano/CoinDesk)
Prosecutors’ Case Against FTX’s Sam Bankman-Fried Becomes Clearer
In the last week prosecutors have laid out new details and allegations against the FTX founder.
Sam Bankman-Fried outside court on February 9, 2023 (Liz Napolitano/CoinDesk)