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Key crypto ally Rep. Patrick McHenry (R-N.C.) has reportedly decided not to seek another term. (Suzanne Cordeiro/Shutterstock/CoinDesk)
House's McHenry Says He Won't Seek Reelection, Costing Crypto a Top Ally
Rep. Patrick McHenry, the chairman of the House Financial Services Committee who has shepherded crypto legislation this year, said he's decided not to run again next year.
Key crypto ally Rep. Patrick McHenry (R-N.C.) has reportedly decided not to seek another term. (Suzanne Cordeiro/Shutterstock/CoinDesk)

Kraken co-founder and chairman Jesse Powell was CEO of the company during most of the time the Securities and Exchange Commission has accused it of operating illegally. (CoinDesk)
Kraken Accused by SEC of Operating Unregistered Platform, Improperly Mixing Customer Funds
The U.S. crypto exchange is the latest targeted by the Securities and Exchange Commission in a series of similar actions being fought in court by other companies.
Kraken co-founder and chairman Jesse Powell was CEO of the company during most of the time the Securities and Exchange Commission has accused it of operating illegally. (CoinDesk)

A musician in downtown Nassau, The Bahamas on a day no cruise ship had docked
Courtesy: Amitoj Singh/CoinDesk
Date: October 2023
Sam Bankman-Fried's Trial May Be Over, but The Bahamas Is Living Its Own Trial
Bankman-Fried may have been convicted, but The Bahamas appears to be dealing with the stigma of rolling out a red carpet for FTX.
A musician in downtown Nassau, The Bahamas on a day no cruise ship had docked
Courtesy: Amitoj Singh/CoinDesk
Date: October 2023

Republican presidential candidate Vivek Ramaswamy has shared his plan for how he'd deal with crypto. (Anna Moneymaker/Getty Images)
Ramaswamy Shares Crypto Plan, Making Him the Only GOP Candidate Who Has One
The 2024 U.S. presidential candidate would fire most of the SEC, direct the government to back off crypto software developers and ease a path for digital assets as commodities...
Republican presidential candidate Vivek Ramaswamy has shared his plan for how he'd deal with crypto. (Anna Moneymaker/Getty Images)

BlackRock CEO Larry Fink has emerged as a big fan of crypto (Michael M. Santiago/Getty Images)
BlackRock's Ethereum ETF Plan Is Confirmed in Nasdaq Filing
The world's largest asset manager has already made waves by seeking to list a bitcoin ETF
BlackRock CEO Larry Fink has emerged as a big fan of crypto (Michael M. Santiago/Getty Images)

Damian Williams and the SBF prosecutor team (Danny Nelson/CoinDesk)
Sam Bankman-Fried Prosecutor Promises 'Handcuffs for All' Crypto Crooks
Damian Williams, the U.S. attorney for the powerful Southern District of New York, set an ominous warning following the conviction of former crypto kingpin Bankman-Fried.
Damian Williams and the SBF prosecutor team (Danny Nelson/CoinDesk)

Sam Bankman-Fried exits a federal courthouse in lower Manhattan on July 26, 2023. (Nikhilesh De/CoinDesk)
Sam Bankman-Fried Guilty on All 7 Counts in FTX Fraud Trial
A tentative sentencing date was set for March 28, 2024. Bankman-Fried could spend decades in prison and potentially up to 115 years.
Sam Bankman-Fried exits a federal courthouse in lower Manhattan on July 26, 2023. (Nikhilesh De/CoinDesk)

Sam Bankman-Fried leaves his arraignment and bail hearing on Dec. 22, 2022, in New York City. (David Dee Delgado/Getty Images)
Sam Bankman-Fried Lambasted by Prosecutor Right Before Jurors Began Deciding His Fate: SBF Thought 'He Could Fool the World'
A verdict in the SBF trial could come before the end of Thursday – on the first anniversary of the CoinDesk scoop that caused his empire to crumble.
Sam Bankman-Fried leaves his arraignment and bail hearing on Dec. 22, 2022, in New York City. (David Dee Delgado/Getty Images)

FTX looks poised to recover a surprisingly high amount for creditors, a year after Sam Bankman-Fried was undone by a CoinDesk scoop (Adobe Firefly)
A Year After Sam Bankman-Fried's Downfall, Solana and Other FTX Holdings Are Flying High
The FTX founder's downfall began on Nov. 2, 2022 – a year ago Thursday – when CoinDesk published a big scoop. Jurors are poised to begin deliberating his fate on the anniversa...
FTX looks poised to recover a surprisingly high amount for creditors, a year after Sam Bankman-Fried was undone by a CoinDesk scoop (Adobe Firefly)

Trial of Sam Bankman-Fried (Danny Nelson/CoinDesk)
Sam Bankman-Fried on Verge of Tears as His Lawyer Concludes Defense
The alleged fraudster and ex-FTX CEO acted "in good faith," Bankman-Fried's attorney said in an emotional closing argument.
Trial of Sam Bankman-Fried (Danny Nelson/CoinDesk)