Singh faced legal action from the SEC, CFTC and US Department of Justice after FTX collapsed in November 2022 but avoided significant prison time by cooperating with authorities.
Stephen Katte
Stephen Katte is a staff writer at Cointelegraph and a member of the Asia-Pacific news desk. He joined the publication in 2022 and reports on cryptocurrency and related industry developments. Prior to joining Cointelegraph, he covered international and local news, including work with Australian regional publications affiliated with Fairfax Media and Nine. He holds a bachelor’s degree in writing from the University of Canberra.
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Former FTX head of engineering fined $3.7M to resolve CFTC lawsuit - News
Taiwan should reconsider Bitcoin reserve in case of war, says think tank Taiwanese lawmaker Ko Ju-Chun said last year that the country’s Ministry of Justice holds 210 Bitcoins, worth $14 million, confiscated during criminal investigations.
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Dorsey shares AI-integrated workplace vision weeks after Block’s 40% staff cut Block cut 4,000 of its staff in February as part of its AI-driven pivot. A new post by Block's Jack Dorsey has shed light on how the company and others might operate in the future.
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Donald Trump says US will leave Iran within 2 to 3 weeks The conflict in Iran has been escalating following US and Israeli strikes against Iran in February, which sent oil prices higher and crypto and broader markets tumbling.
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Democrats press CFTC, ethics watchdog on prediction market insider trading Prediction markets are facing increasing scrutiny over allegations of insider trading, prompting Kalshi and Polymarket to plan guardrails to curb potential incidents.
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Bitmine scoops $147M of ETH in its biggest week of buying this year Bitmine bought over 71,000 Ether over the past week, adding to the 238,244 Ether it acquired over the previous four weeks.
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Alleged $54M Uranium Finance hacker faces 30 years in prison Prosecutors allege the stolen funds were used to purchase collectibles, including Pokémon cards, antique Roman coins and a piece of fabric from the Wright brothers' plane.
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White House app sparks concern over location tracking and privacy issues The Google Play Store page states that the app collects personal data, such as a phone number, while the App Store directs users to the White House’s privacy policy.
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Prediction market transactions surge on geopolitical bets, media coverage Monthly notional trading volume for prediction markets has reached roughly $23.7 billion so far in March, up sharply from $1.9 billion at the same time last year.
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Crypto open to future US crackdowns without clear rules: Coin Center The CLARITY Act stalled in the Senate after banks, crypto firms and lawmakers failed to reach an agreement on key provisions like allowing stablecoin yields.
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Canada proposes crypto political donation ban over interference fears Canada has proposed banning crypto political donations, citing risks that foreign actors could use digital assets to interfere in elections.
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Whales, sharks buy 61,000 BTC in a month amid global uncertainty Not all whales have been accumulating; two moved tens of millions of dollars to exchanges on March 19 as Bitcoin fell amid an escalation of the Iran conflict.
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UK sanctions $20B scam market by cutting ‘legitimate’ crypto ties It’s estimated that Xinbi processed more than $19.9 billion in illicit flows between 2021 and 2025 and that the platform is deeply interconnected with a range of other illicit services.
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US lawmaker presses Kansas Fed over Kraken master account approval Kraken's Wyoming-chartered banking unit became the first crypto-native company to secure a Federal Reserve Master Account in March.
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UK pushes ahead with temporary ban on political crypto donations The government plans to implement the ban by amending the Representation of the People Bill, with changes taking "retrospective effect" from Wednesday.
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Court rejects dev’s bid to shield software from money transmitter laws Pharos developer Michael Lewellen said his lawyers are exploring all options for a path forward after a Texas judge dismissed the case without prejudice.
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Irish police open Bitcoin wallet years after keys were apparently lost A crypto wallet tied to a convicted drug dealer thought to have lost his wallet keys transferred 500 Bitcoin to Coinbase on Tuesday.
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OpenAI kills off AI video app Sora after 6 months OpenAI CEO Sam Altman reportedly said all its text-to-video models would be shuttered, and a $1 billion investment from Disney has also been cancelled.
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Major Australian pension fund mulls crypto offerings amid growing demand Hostplus is the third-largest super fund in Australia by members, with 2.2 million, and the fifth-largest by assets under management, with over $96 billion in assets.
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Bitmine chair sees ‘mini-crypto winter’ thaw for ETH as it hits 77% of goal Bitmine Immersion Technologies bought another $139 million in Ether last week, bringing its ETH holdings to 4.6 million.
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Eyecare biotech jumps 19% after stablecoin-focused pivot NovaBay Pharmaceuticals was founded in 2000 as a biopharmaceutical company developing eye care products and is now betting big on the Sky protocol and stablecoins.
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Bithumb seeks to reappoint CEO despite recent controversies: Report Bithumb was reportedly given a six-month partial suspension by South Korea’s Financial Intelligence Unit for alleged anti-money laundering failures.
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Global turmoil pushes uptake of decentralized messengers, social media Bitchat saw a spike in downloads during protests in Madagascar, Nepal, Indonesia and Iran over the last year, and global unrest could see more cases like it.
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Quantum risk real, but not all crypto wallets equally vulnerable: Galaxy Galaxy Digital’s Will Owens says most crypto wallets aren’t exposed to quantum risks, with vulnerabilities limited to cases where public keys are revealed.
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Gemini shares surge 6% after hours on Q4 earnings Gemini reported its fourth quarter revenues were $60.3 million, which co-founders Cameron and Tyler Winklevoss say is its highest quarterly revenue in three years.
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Canada revokes 47 crypto money licenses, vows to continue Near the end of last year, FINTRAC fined crypto platform Cryptomus $126 million and crypto exchange KuCoin $14 million for a range of alleged violations.
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California court dismisses Coinbase user’s challenge to IRS summons Another crypto user sued the IRS in 2025 for allegedly violating his Fourth Amendment rights after the agency used a John Doe summons to collect his data from a crypto exchange.
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Australian crypto shopping surges, but so do banking blocks: Survey Online shopping was the leading real-world use case for crypto among Australians, followed by paying for services such as freelancing and video game purchases.
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Trump memecoin whales pile in ahead of Mar-a-Lago gala CoinCarp data shows over 91% of TRUMP supply is concentrated in the top 10 wallets, and 97% is held by the top 100 wallets.
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DeFi lobby drops airdrop lawsuit against SEC, citing crypto shift The voluntary dismissal was filed without prejudice, meaning Beba and the DeFi Education Fund could refile the same case at a later date.