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Philipp Petkevitch pfp
Philipp Petkevitch
@petkevitch
Last week in crypto regulation (February 17 - 23):
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Philipp Petkevitch pfp
Philipp Petkevitch
@petkevitch
1/ SEC Drops Investigations & Lawsuits The SEC closed its investigation into OpenSea, ended its lawsuit against Coinbase, and withdrew its appeal on broker rules. https://x.com/dfinzer/status/1893086281300582772? https://www.coinbase.com/en-gb/blog/righting-a-major-wrong https://theblockchainassociation.org/wp-content/uploads/2025/02/CFAT_BAvSEC-Unopposed-Motion-to-Voluntarily-Dismiss-Appeal.pdf
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Philipp Petkevitch pfp
Philipp Petkevitch
@petkevitch
2/ U.S. Federal Reserve to Face Audit The Department of Government Efficiency will audit the U.S. Federal Reserve. https://x.com/BehizyTweets/status/1892703282402914314?
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Philipp Petkevitch pfp
Philipp Petkevitch
@petkevitch
3/ Lazarus Group Hacks Bybit, Steals $1.46B North Korean-linked hackers Lazarus Group breached Bybit’s cold wallet, stealing $1.46B in ETH. https://x.com/zachxbt/status/1893211577836302365? https://x.com/Bybit_Official/status/1892965292931702929?
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Philipp Petkevitch pfp
Philipp Petkevitch
@petkevitch
4/ Other Lawsuits: – SafeMoon LLC’s CTO changed his plea to guilty in a $200M fraud case. https://www.law360.com/articles/2300812/safemoon-exec-says-he-ll-cop-to-2-conspiracy-charges – Nigeria sued Binance, demanding $81.5B in economic losses and back taxes. https://www.reuters.com/world/africa/nigeria-seeks-815-bln-economic-losses-back-tax-against-binance-court-document-2025-02-19/ – FTX started distributing creditor repayments. https://www.prnewswire.com/news-releases/ftx-commences-initial-distributions-to-convenience-class-and-sets-next-distribution-302379212.html
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