Author: American Coins & Gold

Ex-Alameda Research CEO Caroline Ellison Sentenced to Two Years in Prison for Her Role in FTX Fraud
Caroline Ellison was sentenced Tuesday afternoon.

TrustToken, TrueCoin Settle With SEC Over Fraud Accusations in Stablecoin Investing
TrustToken and TrueCoin – now rebranded and under the umbrella of Archbock Inc. – settled accusations that they knowingly misrepresented the backing of the TrueUSD {{TUSD}} stablecoin and offered securities tied to it without properly registering, the U.S. Securities and Exchange Commission said in a Tuesday statement.

Leveraging Bitcoin’s Security for Trustless Asset Transfers
We should be looking to Bitcoin as the foundation for secure cross-chain infrastructure, says Jeff Garzik, CEO of Bloq and leader of the Hemi Network project.

What to Expect at Former Alameda Research CEO Caroline Ellison's Sentencing
Former Alameda Research CEO Caroline Ellison will learn her fate in a few hours. She may spend the next several months or years behind bars, but her attorneys, the Department of Justice and the Probation Office all seem to think she should remain a free woman after the amount of cooperation she provided.

Turkey Shelves Additional Plans to Tax Stocks and Crypto: Bloomberg
We don’t have a stocks tax on our agenda. It was discussed previously and fell from our agenda, Vice President Cevdet Yilmaz told Bloomberg, talking about plans that also affect crypto.

'We are Running Out of Time': U.S. House Democrat Urges Stablecoin Bill Compromise
U.S. Rep. Maxine Waters (D-Calif.), the House Financial Services Committee’s ranking Democrat, suggested in a Securities and Exchange Commission oversight hearing on Tuesday that she and the Republican chairman should finish a bill this year to regulate U.S. stablecoin issuers.

MicroStrategy Outpaces BlackRock's IBIT by Over 3x Year-to-Date
Exploring the unique strategies and competitive landscape of BlackRock’s IBIT vs. MicroStrategy

Bitcoin Rollup Citrea Deploys BitVM-Based Bridge 'Clementine' on Testnet

DeFi Protocol Cega Debuts 'Vault Token Market' to Facilitate Seamless Investing
The offering solves the liquidity issues faced by investors due to the 27-day deposit lock-up period.

How Democrats Have Shifted on Crypto
While Democrats are yet to outline much crypto policy, the Democratic National Convention showed a significant change in tone, say Justin Slaughter and Sheila Warren.