a95103581

@a95103581

199 Following

92 Followers

a95103581 pfp

Trump has promised to ease regulatory enforcement of the crypto industry, and the SEC last month set up a crypto task force to engage with the industry and has paused some of its crypto-related lawsuits.

0 reply

1 recast

1 reaction

a95103581 pfp

Trump has promised to ease regulatory enforcement of the crypto industry, and the SEC last month set up a crypto task force to engage with the industry and has paused some of its crypto-related lawsuits.

0 reply

1 recast

1 reaction

a95103581 pfp

However, he alleges that FDIC limited “their search for pause letters to only those contained in the report — so other pause letters may exist.”

0 reply

0 recast

0 reaction

a95103581 pfp

The 25 FDIC letters that were shared seemingly advised financial institutions to halt their crypto operations until the agency completed regulatory reviews as part of what the crypto industry believes was a concerted effort to cut off crypto-related firms from banking services dubbed “Operation Chokepoint 2.0.”

0 reply

0 recast

0 reaction

a95103581 pfp

The firm claimed that “public whistleblower allegations have surfaced” that alleged the agency “systematically thwarts FOIA requests,” which it said resulted in the FDIC failing to hand over at least 150 documents related to its FOIA request.

0 reply

0 recast

0 reaction

a95103581 pfp

In a Jan. 17 status report to a Washington, DC, federal court, History Associates said the FDIC “may have omitted additional pause letters entirely” and that it plans to update its lawsuit with new allegations.

0 reply

0 recast

0 reaction

amelia1son81 pfp

United States lawmakers who benefitted from support from the cryptocurrency industry in their respective 2024 primaries or elections will soon be sworn into office for the 119th session of Congress.

0 reply

7 recasts

17 reactions

jones8u3t pfp

From a $6,600 individual contribution from Ripple co-founder Chris Larsen to Maryland Senator Angela Alsobrooks to more than $10 million from the Protect Progress PAC — also a Fairshake affiliate — to support Michigan Senator Elissa Slotkin, crypto money arguably influenced the composition of the next US Senate just as much if not more than other special interest groups.

0 reply

7 recasts

15 reactions

b16379899 pfp

The composition of both chambers could affect legislation in 2025 on how to regulate crypto in the US through proposed bills like the Financial Innovation and Technology for the 21st Century Act (FIT21).

0 reply

6 recasts

15 reactions

o758037 pfp

In its heyday, FTX was one of the most prominent cryptocurrency exchanges in the world, bringing in millions of users from dozens of countries. That changed in less than a week in November 2022 after the firm reported liquidity problems and was forced to declare bankruptcy.

0 reply

8 recasts

15 reactions

amelixiao8 pfp

Roughly a year after US Treasury officials added addresses associated with the cryptocurrency mixer Tornado Cash to the department’s list of sanctioned entities, authorities arrested Tornado Cash co-founder Roman Storm on money-laundering charges.

0 reply

8 recasts

14 reactions

ava77495 pfp

Pertsev’s case moved forward; he was found guilty and sentenced to more than five years in prison in May 2024. As of January 2025, the Tornado Cash developer remains in custody as his lawyers prepare to appeal the conviction and sentence.

0 reply

8 recasts

13 reactions

a95103581 pfp

David Carmona, the founder of the crypto Ponzi scheme IcomTech, has been held in US detention since his 2022 arrest and received a 10-year sentence from a federal judge in 2024.

0 reply

1 recast

11 reactions

a95103581 pfp

Despite a recommendation that he serve his time in a New York-area facility, Bureau of Prison records showed Carmona was housed at the Federal Correctional Institution in Ashland, Kentucky, as of December.

0 reply

1 recast

14 reactions

a95103581 pfp

Carmona was among the first of his IcomTech cohorts to ring in the New Year in prison. Two of the project’s promoters, Gustavo Rodriguez and David Brend, were also convicted for their roles in the scheme. A judge sentenced Rodriguez to eight years in prison, while Brend received 10 years. Brend reported to the Federal Prison Camp in Pensacola, Florida, on Dec. 16.

0 reply

2 recasts

14 reactions

a95103581 pfp

Ilya Lichtenstein and Heather Morgan, the husband and wife behind laundering millions of dollars worth of Bitcoin from the 2016 hack of cryptocurrency exchange Bitfinex, have both been sentenced to prison.

0 reply

8 recasts

14 reactions

a95103581 pfp

Ilya Lichtenstein and Heather Morgan, the husband and wife behind laundering millions of dollars worth of Bitcoin from the 2016 hack of cryptocurrency exchange Bitfinex, have both been sentenced to prison.

0 reply

8 recasts

14 reactions

a95103581 pfp

Carmona was among the first of his IcomTech cohorts to ring in the New Year in prison. Two of the project’s promoters, Gustavo Rodriguez and David Brend, were also convicted for their roles in the scheme. A judge sentenced Rodriguez to eight years in prison, while Brend received 10 years. Brend reported to the Federal Prison Camp in Pensacola, Florida, on Dec. 16.

0 reply

2 recasts

14 reactions

a95103581 pfp

Despite a recommendation that he serve his time in a New York-area facility, Bureau of Prison records showed Carmona was housed at the Federal Correctional Institution in Ashland, Kentucky, as of December.

0 reply

1 recast

14 reactions

a95103581 pfp

David Carmona, the founder of the crypto Ponzi scheme IcomTech, has been held in US detention since his 2022 arrest and received a 10-year sentence from a federal judge in 2024.

0 reply

1 recast

11 reactions