Mike Selig, the newly-appointed chief counsel for the SEC’s Crypto Task Force, was previously a New York-based partner at Willkie Farr & Gallagher LLP.
Tyler Williams, a crypto lawyer hired as the crypto counselor for Treasury Secretary Bessent, said there’s a ton of inside work to be done in the department.
Call for “roll back” by some, to negate Bybit hack, immediately provoked a fierce reaction from the Ethereum community, which was firm in its belief that it wouldn’t happen.
The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to access frozen funds.
The token is down by more than 60% since launch.
The agency has been plagued with procedural and organizational issues for years.
Folkman claims WLFI’s success came despite “no VC backing and no special treatment to anybody who purchased the token.”
“At this point, memecoins are synonymous with ‘pump and dump’ schemes,” says FRNT Financial.
Hayden Davis said he refunded $5 million to Dave Portnoy who lost money on LIBRA.
Broccoli coin is the latest example of the dangers of playing in an anything goes market.
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