Bitcoin24h $61,739.90+2.66%

Ethereum24h $1,703.10+5.32%

BNB24h $560.42+1.36%

XRP24h $1.09+2.69%

Solana24h $80.96+4.25%

TRON24h $0.3176+0.05%

Hyperliquid24h $66.61+3.53%

Dogecoin24h $0.0744+1.71%

UNUS SED LEO24h $9.13-2.00%

Zcash24h $441.40+7.50%

Crypto firms set to blow last year’s lobbying spend out of the water

Crypto companies spent $22 million on lobbying last year but splashed nearly $19 million in the first nine months of 2023.

Binance invested heavily in lobbying before guilty plea

Binance significantly increased its spending on lobbying in the lead-up to its plea deal with the US government.

The US Treasury claims the Sinbad mixer obfuscated millions of dollars taken from Horizon Bridge, Axie Infinity, and Atomic Wallet.

Prosecutors claim CZ poses a flight risk because most of his wealth is outside the country and the UAE has no extradition deal with the US.

Tether shared that it’s deepening its ties with the FBI and the Secret Service, onboarding them to its platform.