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FTX advisors billed the bankrupt firm for a whopping $103M in Q1

Law firms and consultants for FTX invoiced over $100 million in the first quarter, with March being the largest billing month to date.

In landis, sullivan, cromwell, May 04, 2023 · 202 points

Biden proposes 30% climate change tax on cryptocurrency mining

The White House is trying to persuade Congress to pass a 30% tax on the electricity used in cryptocurrency mining in the next federal budget in order to minimize the nascent industry’...

In electricity, crypto, power, May 03, 2023 · 4007 points

Elizabeth Warren is pushing for a full ban on crypto in the US - says Blockchain Association’s Jake Chervinsky

The chief policy officer of a prominent blockchain advocacy group says that Senator Elizabeth Warren is attempting a de facto ban of digital assets in the US.

In daily, associations, blockchain, May 01, 2023 · 783 points

As the US cracks down, Hong Kong extends a warm welcome to crypto currencies

Hong Kong proposed a set of welcoming rules to regulate crypto-related activities in February. The city is facilitating communication between banks and crypto startups. With Hong Kong...

In kongs, warm, industry, Apr 30, 2023 · 578 points

Bitcoin thief photographed in bathtub of cash gets four years jail time for stealing $20 million

Gary Harmon also agreed to forfeit crypto currencies and other property valued at more than $20m.

In Apr 29, 2023 · 773 points

Coinbase Is Suing the SEC

Coinbase just sued the Securities and Exchange Commission, about a month after being threatened by the SEC with potential litigation.

In filed, suing, petition, Apr 28, 2023 · 1290 points

New Coinbase court challenge adds to mounting legal battle: 'We're absolutely convinced the SEC is violating the law'

The firm says the SEC ignoring its petition from July amounts to a "pocket veto."

In coinbase, petition, mounting, Apr 26, 2023 · 861 points

[New] Cryptocurrencies II: Last Week Tonight with John Oliver (HBO)

John Oliver discusses cryptocurrency, three of the biggest crypto companies to collapse over the past year, and what to do when your office is giving off “cr…

In ii, hbo, john, Apr 25, 2023 · 382 points

Just when you thought Donald Trump's NFT designs couldn't get any worse...

8 ‘highlights’ from the latest drop.

In couldnt, donald, drop, Apr 24, 2023 · 431 points

BitBoy Crypto Referred to FBI After Failed Court Appearance

A popular crypto influencer is avoiding his court appearance related to an alleged harassment campaign he launched against a lawyer representing FTX investors.

In moskowitz, saying, youtuber, Apr 23, 2023 · 203 points