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Philipp Petkevitch
@petkevitch
Last week in crypto regulation (February 3 - February 9):
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Philipp Petkevitch
@petkevitch
1/ Tornado Cash co-founder Roman Storm petitioned the U.S. Supreme Court to block a ruling requiring him to disclose expert witnesses before trial. Meanwhile, Alexey Pertsev was released under electronic monitoring. https://www.supremecourt.gov/search.aspx?filename=/docket/DocketFiles/html/Public/24A759.html https://x.com/alex_pertsev/status/1887523522488283488?
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Philipp Petkevitch
@petkevitch
2/ Senator Bill Hagerty introduced the GENIUS Act to regulate stablecoins backed by the U.S. dollar. https://www.hagerty.senate.gov/wp-content/uploads/2025/02/GENIUS-Act.pdf 3/ SEC Crypto Assets and Cyber Unit Chief Hester Peirce outlined the agency’s crypto regulatory priorities. https://www.sec.gov/newsroom/speeches-statements/peirce-journey-begins-020425
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Philipp Petkevitch
@petkevitch
4/ A U.S. federal court ordered EmpiresX founders to pay over $130 million for running a fraudulent crypto scheme. https://www.courtlistener.com/docket/63562147/53/commodity-futures-trading-commission-v-empires-consulting-corp/ 5/ FTX Digital Markets will begin creditor repayments up to $50,000 on February 18, 2025. https://x.com/sunil_trades/status/1886796657259376733?
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Philipp Petkevitch
@petkevitch
6/ Burwick Law, which sued pump.fun, reported violent threats against its lawyers and clients. https://protos.com/scoop-law-firm-suing-pump-fun-faces-violent-threats-and-doxxing/ 7/ Acting CFTC Chair Caroline Pham criticized the agency’s past stance on prediction markets. https://www.cftc.gov/PressRoom/PressReleases/9046-25
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