A year after the SEC’s X account was hacked to falsely announce Bitcoin ETF approval, only one man—Eric Council Jr.—has been charged. He pleaded guilty to SIM-swapping the account but acted on behalf of unidentified co-conspirators. Was insider information involved? The full truth remains elusive.
The SEC has agreed to dismiss its lawsuit against Coinbase, marking a major shift in its punitive approach to crypto regulation. The case, filed in June 2023, accused Coinbase of operating as an unregistered exchange.
The SEC has agreed to dismiss its lawsuit against Coinbase, marking a major shift in its punitive approach to crypto regulation. The case, filed in June 2023, accused Coinbase of operating as an unregistered exchange.
A year after the SEC’s X account was hacked to falsely announce Bitcoin ETF approval, only one man—Eric Council Jr.—has been charged. He pleaded guilty to SIM-swapping the account but acted on behalf of unidentified co-conspirators. Was insider information involved? The full truth remains elusive.
January set the tone for crypto regulation in 2025: as the U.S. loosens up, other regions take their own path—Africa pushes anti-fraud measures, Asia balances its approach, and Europe starts to follow the MiCA playbook.
Nasdaq was hit hardest, alongside Nvidia, which plummeted by around 17%. Alpha lost $100 billion, and Microsoft lost $7 billion. Crypto markets reacted similarly, even foreshadowing the effect.
Markets reacted with bullish anticipation to news of Trump's call with President Nayib Bukele of El Salvador, but it was crime and illegal immigration on the agenda.
