The Commodity Futures Trading Commission (CFTC) ordered New York dealer Sidney Lebental to pay $200,000 for spoofing US Treasury futures, ending a case tied to roughly 50 misleading trades positioned on the Chicago Board of Trade in 2019. Lebental neither admitted nor denied the findings underneath the settled order, which additionally prohibits him from buying…
A brand new survey finds 45% of Americans say investing in cryptocurrency just isn’t definitely worth the threat, whereas 44% say synthetic intelligence (AI) is growing too shortly. This sentiment leaves candidates counting on crypto and AI tremendous PAC {dollars} in a troublesome place. Industry Spending Meets Voter Skepticism The ballot additionally discovered that almost…
Polymarket’s official Panama headquarters doesn’t seem to operate as such, based on a new investigation that discovered no hint of the prediction market large on the regulation workplace it lists as its company base. Reporters who visited the twenty first flooring of Panama City’s Oceania Business Plaza discovered empty workstations and an worker who had…
The US SEC (Securities and Exchange Commission) on Tuesday proposed guidelines letting public firms report twice a yr as a substitute of 4 instances. A brand new Form 10-S would substitute the quarterly Form 10-Q for people who choose in. For digital asset corporations and different issuers, the selection sits between speedy compliance financial savings…
Burwick Law filed a federal class motion lawsuit in opposition to rapper Iggy Azalea this week. The go well with alleges she misled patrons of her Mother Iggy (MOTHER) meme coin with guarantees of real-world utility that by no means totally materialized. The criticism was filed within the Southern District of New York. It accuses…
The CLARITY Act’s markup has moved previous the stablecoin yield standoff to Sen. John Kennedy’s housing frustration, unresolved protections for software program builders, and the Republican vote math that Senate Banking Chair Tim Scott nonetheless wants to shut. The Tillis-Alsobrooks compromise that broke the yield impasse permits stablecoin rewards tied to platform utilization and exercise…
Five US banking lobbies issued a joint assertion saying the proposed language on stablecoin yield within the Clarity Act falls wanting its objective of defending financial institution deposits. The 5 commerce teams backed the senators’ objective however demanded stronger textual content. It included the American Bankers Association, the Bank Policy Institute, the Consumer Bankers Association,…
Coinbase jumped 12% hours after Senator Cynthia Lummis introduced a finalized bipartisan settlement on the Clarity Act stablecoin yield. Senator Cynthia Lummis introduced the bipartisan deal, resolving probably the most contentious provision within the Lummis-Gillibrand legislative framework: whether or not licensed entities can lawfully provide stablecoin yield to prospects with out triggering securities classification. This…
World Liberty Financial filed a defamation lawsuit in opposition to Tron founder Justin Sun on Monday. The grievance accuses Sun of working a paid smear marketing campaign to crash the WLFI token. The Trump-linked Decentralized Finance (DeFi) challenge says Sun used press, influencers, and bots to amplify false claims after the freeze of his tokens….
Payward, the dad or mum firm of crypto alternate Kraken, has accused Etana Custody and its CEO of orchestrating a Ponzi-like scheme. The alleged fraud misappropriated greater than $25 million in buyer reserve funds. The second amended criticism was filed May 4, 2026 within the U.S. District Court for the District of Colorado. It escalates…