U.S. SEC Asking for More Millions, Dozens of Lawyers to Beef Up Crypto Oversight: Jesse Hamilton and I parsed through the SEC, CFTC and Treasury's fiscal year 2025 budget requests. Both independent agencies and the Department asked for more funds and mentioned crypto at various points in their requests. It remains to be seen what Congress does with these (lawmakers only just got around to passing a budget for 2024).
Do Kwon Released From Montenegrin Prison on Bail; Terraform Labs' Civil Trial Begins in NYC: Montenegro is still figuring out whether and where to extradite Terra/Luna creator Do Kwon, but in the meantime, he's been released from prison after serving a sentence for attempting to travel with falsified documents. In New York, his former company Terraform Labs' civil case has kicked off.
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