archiveregulators

The new Chair of the U.S. Securities and Exchange Commission (SEC) reportedly has a crypto portfolio worth millions of dollars. According to a new report from Fortune, an ethics disclosure reveals that Paul Atkins – President Donald Trump’s nominee to be the next SEC Chair – holds about $6 million in crypto-related investments, including $1 million worth of equity in two crypto firms and $5 million in crypto investment funds. Atkins, who previously served as the SEC’s Chair between 2002 and 2008 under then-President George W. Bush, held a board...

United Kingdom prosecutors allege an officer working for the country’s National Crime Agency (NCA) stole 50 Bitcoin (BTC) back in 2017. The Crown Prosecution Services authorized Merseyside Police to charge NCA officer Paul Chowles with 11 counts of concealing, disguising, or converting criminal property, three counts of acquiring, using or possessing converting criminal property and a single count of theft. The 50 BTC was priced at £60,000 ($77,658) back in 2017 and is worth £3.26 million ($4.2 million) at time of writing. Chowles, 42, is set to appear at Liverpool...