Alex Mashinsky, once the face of Celsius Network, has been barred from any crypto work after settling with the FTC for $10 million. The original court order had aimed at a staggering $4. 7 billion tied to the firm’s collapse, but most of that amount was suspended. Only a single payment and an indust
The US government agency that watches over trading is quietly getting a tech upgrade. With fewer people on staff, it’s turning to artificial intelligence to check applications for crypto businesses faster. Instead of reading every document by hand, the agency is training its team on AI tools to spot
The Commodity Futures Trading Commission (CFTC) is making a bold move to claim full control over prediction markets, a fast-growing sector blending cryptocurrency with event-based betting. Instead of waiting for states to set rules, the agency is suing three states— Arizona, Illinois, and Connecticu
The U. S. Commodity Futures Trading Commission has announced a fresh team aimed at making the crypto world easier to navigate. The task force, named for its focus on innovation, was set up by the commission’s chairman back in March. The group is led by Michael Passalacqua, who currently advises the
The fight over who controls sports betting isn’t just about who gets the tax money. A new legal battle pits federal regulators against Arizona, with big implications for apps that let people bet on anything from games to elections. At the center? A company called Kalshi, which runs prediction market
A battle is heating up between federal regulators and state governments over who controls prediction markets—especially those tied to sports. The Commodity Futures Trading Commission (CFTC) recently sued three states—Arizona, Connecticut, and Illinois—arguing that once these markets operate on feder
The U. S. Commodity Futures Trading Commission has named a former white‑collar defense attorney to head its enforcement arm, an office that has shrunk dramatically in recent years. The new leader, a former partner at a global law firm who specialized in cryptocurrency cases, has also served as a fed
A recent decision by a Texas judge has put a stop to new rules that would have required companies to share more details about their mergers. The rule, which was set to take effect last year, aimed to give antitrust regulators more insight into mergers and acquisitions. However, the judge ruled that
The U. S. Federal Trade Commission has expressed worry about claims that Apple News favours left‑leaning outlets while sidelining conservative voices. In a letter to Apple’s chief executive, the FTC chair explained that the agency cannot force companies to adopt any political stance or organise n
The Senate Agriculture Committee recently pushed ahead with a plan to regulate the crypto market. This move came after a vote that split along party lines. Meanwhile, other important lawmakers are still working on different parts of the same bill. The committee's plan would make the Commodity Futur
