Author: Cointelegraph By Turner Wright

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MEV Bot Criminal Trial Ends in Mistrial After Jury Fails to Reach Verdict

A New York jury was unable to reach a verdict in the case of Anton and James Peraire-Bueno, the MIT-educated brothers accused of fraud and money laundering related to a 2023 exploit of the Ethereum blockchain that resulted in the removal of $25 million in digital assets. In a Friday ruling, US District Judge Jessica…
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Jury in MEV bot trial struggles to reach verdict as weekend approaches

Defense attorneys reportedly requested a mistrial as jurors said they weren’t close to reaching a verdict in the case involving a $25 million Ethereum exploit. Source link

US Senate to Vote on Bill to Reopen Gov’t with Crypto Bill in Limbo

The shutdown of the US government entered its 38th day on Friday, with the Senate set to vote on a funding bill that could temporarily restore operations. According to the US Senate’s calendar of business on Friday, the chamber will consider a House of Representatives continuing resolution to fund the government. It’s unclear whether the…
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Crypto bills are ‘like oil for the onchain economy,’ Coinbase exec says

Coinbase’s Shan Aggarwal and Scott Meadows spoke to Cointelegraph at the Blockchain Futurist Conference on the future of the industry in the US. Source link

US crypto bills are ‘like oil for the onchain economy,’ Coinbase exec says

Coinbase’s Shan Aggarwal and Scott Meadows spoke to Cointelegraph at the Blockchain Futurist Conference on the future of the industry in the US. Source link

Circle weighs in on GENIUS Act implementation: ‘Simple, strong rules’

The US Treasury Department accepted comments related to the implementation of the stablecoin bill until Tuesday as part of the law’s planned rollout. Source link

Jurors ask pointed questions in MEV bot trial as deliberations proceed

As deliberations entered their second day in a criminal trial over a $25 million exploit, jurors asked for clarification on previous testimony and the definition of “good faith.” Source link

US lawmakers to meet with Trump’s crypto czar, discuss bill: Report

Some experts suggest that the US Senate is more likely to pass a funding bill to reopen the government before any crypto legislation. Source link

Coinbase Exec Criticizes Banks’ Pushback to Crypto Charter Application

The Independent Community Bankers of America (ICBA) is coming out against cryptocurrency exchange Coinbase’s application for a National Trust Company Charter in the US — a move that could threaten banks’ interests as the company moves closer to traditional finance. In a Monday letter to the US Office of the Comptroller of the Currency (OCC)…
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Coinbase exec criticizes banks’ pushback against crypto charter application

The US-based cryptocurrency exchange applied for a national trust charter in October as part of its plans to “bridge the gap“ with traditional finance. Source link