– Sam Bankman-Fried’s lawyers are seeking to seal documents from his interview with The New York Times.
– The U.S. Senate passed a defense bill that includes provisions targeting crypto mixers and anonymity-enhancing coins.
– Grayscale has written a letter to the U.S. securities regulator, urging the approval of all spot Bitcoin exchange-traded fund (ETF) applications simultaneously.
SBF’s legal counsel requests NYT documents be sealed
– Sam Bankman-Fried’s lawyers have asked a New York district court to seal documents related to his interviews with The New York Times.
– Bankman-Fried wants the documents sealed to protect private details about his relationship with Caroline Ellison.
– Ellison, his girlfriend-turned-business-partner, reached a plea deal with the state attorney for the Southern District of New York to avoid a potential 110-year prison sentence.
U.S. Senate approves national defense bill that also targets crypto mixers
– The United States Senate passed the 2024 National Defense Authorization Act (NDAA), which includes provisions targeting crypto mixers, anonymity-enhancing coins, and institutions engaged in crypto trading.
– The bill aims to establish examination standards for crypto to assess risk and ensure compliance with sanctions and anti-money laundering laws.
– It also requires the U.S. Treasury Department to perform a study on cracking down on anonymous crypto transactions, including the use of crypto mixers like Tornado Cash.
Grayscale urges SEC to approve all Bitcoin ETFs simultaneously
– Grayscale Investments is advocating for the approval of all currently proposed spot Bitcoin ETFs at the same time.
– The company’s legal team submitted a letter to the SEC arguing against picking “winners and losers” and advocating for a fair and orderly decision-making process.
– ETF applications awaiting SEC approval include those from Invesco, BlackRock, Valkyrie, VanEck, WisdomTree, Fidelity, and ARK Invest.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
