Key Highlights: The U.S. CFTC proposed defining qualifying event contracts across politics, sports, culture, and weather as swaps, while issuing an interim final rule to exclude traditional sportsbook wagers and casino games. ESMA issued an opinion advising MiCA-authorized crypto-asset service providers to halt services for noncompliant asset-referenced and e-money tokens within three months. New York ...
Key Highlights: Former Celsius CEO Alex Mashinsky faces up to $35 million in conditional state obligations under a settlement agreement with the New York Attorney General. The agreement imposes a permanent ban barring Mashinsky from working in the securities, commodities, and cryptocurrency industries or offering compensated investment advice. Settlement clauses allow certain financial terms to ...
Key Highlights New York Attorney General Letitia James secured a settlement worth up to $35 million against former Celsius CEO Alex Mashinsky. Mashinsky faces a lifetime ban from operating in the securities, commodities, and cryptocurrency sectors in New York. The former executive is currently serving a 12-year federal prison sentence following guilty pleas for commodities ...