Alex Mashinsky, former CEO of Celsius, has begun a 12-year prison sentence after pleading guilty to fraud and misleading investors about the company’s Earn Program. Celsius collapsed in 2022, leaving thousands of users unable to access funds, while Mashinsky and executives misused customer money to inflate the value of the CEL token.
WeatherlyKraken has launched trading of over 60 tokenized US stocks for European investors, allowing 24/5 access without traditional brokers. The platform has already seen $3.84 billion in trades and plans to expand support to multiple blockchains for easier global access.
AnaisTrump’s CFTC nominee, Brian Quintenz, released texts showing Tyler Winklevoss tried to influence his confirmation over a legal dispute between Gemini and the CFTC. Quintenz refused to make promises, and the messages emerged just before Gemini’s $3 billion IPO, raising questions about regulatory pressure from crypto executives.
WeatherlyThe SEC announced a plan to create clear rules for crypto, saying most tokens are not securities and introducing a framework for unified regulation. The agency also supports “super-app” platforms that combine trading, lending, and staking under one licence to encourage innovation while protecting investors.
AnaisA Texas court ruled that Nathan Fuller, who admitted running a crypto Ponzi scheme, cannot use bankruptcy to escape his debts. He now remains personally liable for more than $12.5 million owed to investors.
WeatherlyThe MIRROR token, inspired by Netflix’s Black Mirror, saw a strong initial rise before experiencing a sharp drop. Despite strong community support and backing from major crypto platforms, analysts warn that high volatility and untested governance make it a risky investment.
AnaisApple’s iPhone 17 introduces a new hardware-level security system to protect crypto wallets and Passkey approvals from memory-based attacks. The feature continuously monitors memory access, making it harder for attackers to exploit vulnerabilities, though users still need to follow safe practices.
AnaisOpenSea has doubled its trading fees from 0.5% to 1% ahead of the SEA token launch, with half of the fees going into a $1 million NFT and token rewards pool. The platform also unveiled a high-value NFT vault and new cross-chain mobile tools to boost user engagement and prepare for the token’s October release.
AnaisSam Bankman-Fried will appeal his 2023 FTX conviction on seven felony counts, with a hearing set for 4 November. His team argues the trial was unfair and customer funds were misrepresented, but overturning the 25-year sentence will be difficult given the evidence.
WeatherlyCoinbase has asked a US court to sanction the SEC after nearly a year of Gary Gensler’s text messages were deleted under an internal device policy. The exchange argues the loss hides key records on crypto regulation, while experts say the court’s decision could affect future enforcement cases.
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