Newsletter Aug 12, 2023
SEC Could Give Its Decision On ARK Invest Spot Bitcoin ETF Application As Early As Friday

Galaxy Digital CEO Michael Novogratz previously said insiders within BlackRock and Invesco think the SEC's approval for spot Bitcoin ETF is a matter of "when" and "not if." He added the decision might be pushed back by four to six months.


DCG Wants Gemini's 'Hodgepodge' Lawsuit Junked, Claims No Liability Due To MLA With Earn Customers

Barry Silbert's Digital Currency Group (DCG) has filed to get Gemini's lawsuit dismissed, claiming it was not responsible for claims or liabilities against its bankrupt subsidiary that formerly held Gemini Earn funds.


Bittrex, Sued By SEC For Operating Unregistered Crypto Exchange, Settles Charges For $24M

Bittrex and the SEC reached a settlement amounting to $24 million, consisting of $14.4 million in disgorgement, $5.6 million in civil money penalties and $4 million in prejudgment interest on the disgorgement.

Worldcoin Regulatory Scrutiny Grows As Argentina Launches Investigation Over Data Privacy

"The case reached public notoriety in recent weeks due to the procedure of scanning the face and iris of numerous people in exchange for economic compensation in different parts of the Autonomous City of Buenos Aires and the provinces of Buenos Aires, Córdoba, Mendoza and Black river," the AAIP

Security Firms Explain Risks Associated With Telegram Trading Bots Despite Explosive Price Surge

While the trading bots have slowly transformed the messaging platform into a semi-crypto marketplace and are anticipated to be the next crypto meta in one to two months, security firms have underlined associated risks.

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