Stablecoin legislation is the most likely crypto policy in the next Congress. But the top firms all face questions from law enforcement.
FTX
Posted inMoney, Politics, and Power
Sen. Gillibrand Hires Former Crypto Lawyer
Dorothy DeWitt, who was general counsel at Coinbase, is the New York senator’s new chief counsel for finance.
Posted inTAP
The New York Times Is in the Tank for Crypto
Today on Tap: There is far too much cheerleading and not nearly enough skeptical reporting.
Posted inMoney, Politics, and Power
Congressmembers Tried to Stop the SEC’s Inquiry Into FTX
The ‘Blockchain Eight’ wrote a bipartisan letter in March attempting to chill the SEC’s information requests to crypto firms. FTX was one of those firms.
Posted inMoney, Politics, and Power
The Contradictions of Effective Altruism
The meltdown of FTX and its fraudster boss, Sam Bankman-Fried, reveals the potential for reckless risk-taking at the heart of an influential philanthropic movement.
Posted inMoney, Politics, and Power
We Already Have Laws to Stop Crypto Fraud
Forget Washington’s urgency to design a regulatory regime for crypto. It’s better to treat it like any other illegal operation.
Posted inTAP
Sam Bankman-Fried: A Common Crook
Today on TAP: With luck, his fall will take the whole crypto sector with him.
Posted inTAP
Why Is Congress Still Writing Crypto Regulations?
Today on TAP: The FTX debacle shows that crypto is less an industry than it is a scam.
Posted inMoney, Politics, and Power
Crypto PAC Questionnaire Claims Bitcoin Mining Is Good for the Environment
A rare glimpse at how PACs communicate with candidates reveals the types of ideas policymakers are pressured into believing.
Posted inMoney, Politics, and Power
Sam Bankman-Fried’s Multimillion-Dollar Game
He is spending prodigious amounts on lobbying and elections to ensure that crypto is lightly regulated in the future.