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1/11 Last week in crypto regulation (November 18–24):
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2/ SEC Chair Gary Gensler announced his resignation, effective January 20, 2025. https://www.sec.gov/news/press-release/2024-248
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3/ Heather Morgan, wife of Ilya Lichtenstein, was sentenced to 18 months in prison for laundering funds stolen from Bitfinex. https://www.justice.gov/opa/pr/bitfinex-hacker-sentenced-money-laundering-conspiracy
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4/ Shaquille O’Neal settled a class-action lawsuit over promoting the Astrals NFT collection, agreeing to pay $11 million. https://www.coindesk.com/policy/2024/11/23/shaquille-oneal-settles-nft-lawsuit-for-11m/
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5/ The BBC accused Logan Paul of orchestrating pump-and-dump schemes. https://www.bbc.com/news/business-67282981
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6/ A Dutch court extended Tornado Cash developer Alexey Pertsev’s pre-trial detention. https://www.reuters.com/technology/dutch-court-extends-custody-tornado-cash-developer-alexey-pertsev-2024-11-22
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7/ A Shanghai court ruled that holding digital assets is not illegal despite China’s 2021 crypto ban. https://www.scmp.com/tech/article/3239942/shanghai-court-rules-holding-digital-assets-not-illegal
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8/ Donald Trump named Scott Bessent as Treasury Secretary and Howard Lutnick as Commerce Secretary. https://www.cnbc.com/2024/11/23/trump-cabinet-appointments-scott-bessent-and-howard-lutnick.html
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9/ Cantor Fitzgerald acquired a 5% stake in Tether, valued at $600 million. https://www.bloomberg.com/news/articles/2024-11-24/cantor-fitzgerald-acquires-5-percent-stake-in-tether
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10/ South Korea proposed a 20% tax on crypto earnings. https://koreaherald.com/view.php?ud=20241123000372
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