• A suite of crypto legislation passed the House Financial Services Committee this week.
• Sam Bankman-Fried surrenders Caroline Ellison’s personal writings to court.
• SEC commissioner Hester Peirce calls watchdog’s public accounting warning into question.
Crypto Legislation Passes House Financial Services Committee
This week, a suite of cryptocurrency legislation passed the House Financial Services Committee. The legislation will provide further clarity on the laws and regulations governing cryptocurrencies such as Bitcoin and Ethereum.
Sam Bankman-Fried Surrenders Personal Writings
Sam Bankman-Fried, CEO of FTX, surrendered Caroline Ellison’s personal writings to a court as part of an ongoing legal dispute involving an anonymous whistleblower complaint against him.
Democratic Congressman Ritchie Torres Criticizes Gensler’s SEC Appointment
Democratic congressman Ritchie Torres has criticized Gary Gensler’s appointment as Chairman of the Securities and Exchange Commission (SEC), calling it „arbitrary and capricious“. He believes that Gensler was chosen without due consideration for his extensive experience in financial regulation or public policy in general.
Jason Lowrey’s ‚Softwar‘ Removed From Circulation
Jason Lowrey’s book ‘Softwar’ has been removed from circulation and libraries like MIT for unknown reasons. It is unclear why this decision has been taken but some speculate that it may be related to allegations made against Lowrey by an anonymous source who claims he is not qualified as a blockchain expert or researcher.
SEC Commissioner Hester Peirce Questions Public Accounting Warning
SEC Commissioner Hester Peirce called into question a recent public accounting warning issued by the watchdog organization regarding cryptocurrency investments. Peirce believes that investors should be allowed to make their own decisions when it comes to investing their money, without unreasonable restrictions imposed on them by regulators or other third parties.