arnold1ng3

@arnold1ng3

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Under the former Gary Gensler-led commission, the SEC adopted a strict regulation-by-enforcement approach to crypto, which saw Coinbase and other industry heavyweights hit with unexpected lawsuits.

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However, as part of MetaMask’s ongoing partnership with Transak, the wallet will add support to a total of 10 new networks: the Arbitrum mainnet, Avalanche C-Chain mainnet, Base, BNB Chain, Celo, Fantom, Moonbeam, Moonriver, Optimism and Polygon.

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Memecoins have been a particular lightning rod of controversy in the past week due to the LIBRA rug pull scandal. According to Nansen, investors saw a combined loss of around $251 million. Argentine President Javier Milei has been drawn into the controversy due to his role in posting about the LIBRA token on X.

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https://warpcast.com/cathymeng68/0xf244d0ee

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Lawyers Marcos Zelaya and Jonatan Baldiviezo, along with engineer María Eva Koutsovitis and economist Claudio Lozano, have filed a criminal complaint that alleges Milei was complicit in fraud by promoting Libra, according to a Feb. 17 Associated Press report.

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Baldiviezo also accused Milei of violating the Public Ethics Law, which is Argentina’s framework for public officials, requiring them to declare asset holdings and conflicts of interest.

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Rombolá also said his firm is preparing a class-action suit for people who might have invested in the token and lost money.

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In other words, “Stick a fork in the SEC’s case against Coinbase, it’s done,” he said.

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Trump’s order created a crypto working group led by White House AI and crypto czar David Sacks to come up with a legal framework for crypto and stablecoins, along with studying the possible creation of a national crypto stockpile.

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A judge will be assigned to the case, or it will be referred to a prosecutor for further investigation on Feb. 17, according to the Associated Press report.

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Opposition lawmaker Leandro Santoro told Reuters he would be launching a request to impeach the president.

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Today in crypto, FTX is set to begin repaying $1.2 billion to creditors, marking a key step in the exchange’s bankruptcy proceedings, Argentine President Javier Milei made his first public statement since the disastrous Libra memecoin launch to deny any wrongdoing on his part, and the ratio of long to short positions on SOL in futures markets is tilting bearish as memecoin losses mount.

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In a Feb. 17 post on the X social media platform, Stark explained why the SEC requested a 28-day extension to answer Coinbase’s petition asking for permission to appeal.

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Meanwhile, Argentine lawyer Agustín Rombolá, founder and associate of Rombola Mangione law firm, has filed a separate legal complaint about Milei promoting Libra.

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Polkadot Blockchain Academy (PBA) is set to launch the crypto industry’s first educational course designed for policymakers, aiming to equip lawmakers with a deeper understanding of blockchain technology and Web3

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The three-day course, Blockchain Basics for Policymakers, will run from April 6 to April 8, 2025, in Zug, Switzerland, a region known as Crypto Valley due to its blockchain-friendly policies.

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The three-day course, Blockchain Basics for Policymakers, will run from April 6 to April 8, 2025, in Zug, Switzerland, a region known as Crypto Valley due to its blockchain-friendly policies.

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Ethereum co-founder Vitalik Buterin called for Elon Musk to “turn down the temperature” amid a heated debate on his platform over foreign tech workers, which has stirred new controversy over free speech.

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Musk sparked outrage from some MAGA Republican followers of President-elect Donald Trump on X when he came out in favor of hiring foreign tech workers at top US companies, with the conservatives arguing that hiring conditions in the US were becoming less favorable to citizens.

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He cautioned Musk to be more wary of his tone and ensure that he used his power on X for the benefit of humanity.

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