Abra and its CEO William Barhydt have been issued with an emergency cease and desist order.
Crypto lender Abra has been insolvent since March, says Texas regulator [cointelegraph]


Abra and its CEO William Barhydt have been issued with an emergency cease and desist order.

Hong Kong lays out welcome mat for exchanges, Korean crypto lender contagion, Do Kwon banged up abroad, Bank of China’s Ethereum debt note.

The investment firm joins a long line of applicants; ARK is among those still waiting to hear from the SEC, and Grayscale has appealed its rejection.

Both regulatory bodies are inquiring into the activities of Goldman Sachs during its unsuccessful capital raise preceding the downfall of Silicon Valley Bank.

Su Zhu and Kyle Davies originally purchased ‘The Goose’ digital artwork in August 2021 for roughly $5.8 million in Ether.

Su Zhu and Kyle Davies originally purchased ‘The Goose’ digital artwork in August 2021 for roughly $5.8 million in Ether.

Civil sanctions against 3AC co-founder Kyle Davies include an award of attorneys’ fees and a $10,000 daily fine until he is in compliance with a subpoena.

Prosecutors said they were prepared to try SBF on his original eight-count indictment starting in October, with the remaining five charges to be decided by Judge Lewis Kaplan.

The MiCA framework suggested a roughly 18-month timeline to fully take effect, with regulators and lawmakers seeming to go through proposals aimed at ensuring a smooth implementation.

The Terra Labs co-founder will be held for up to six months while the Montenegrin court considers South Korea’s extradition request.