Daily Update Returns August 17

Judge Revokes Bankman-Fried's Bail, Sends Him to Brooklyn Jail Until Trial

Plus U.S. Senator Lummis joins amicus brief asking court to dismiss SEC's case against Coinbase.

SEC Charges Grupo Aval with FCPA Violations, Agrees to $40 Million Settlement

Plus the SEC settles with crypto firm Bittrex and former CEO over "unregistered exchange."

SEC Notifies Court it Will Appeal Ripple Labs Crypto Decision

Plus why "caring about diversity is securities fraud, and not caring about diversity is securities fraud."

SEC Strikes Again with Recordkeeping / "WhatsApp" Charges Against 11 Wall Street Firms

Plus is it time to ease up on punitive sanctions in insider trading cases?

SEC Charges Fund Administrator for Missing Red Flags of Fraud Against Private Fund

Plus be careful before you label the securities class action against your company as "without merit."

"Crypto got Rakoff’d"

Plus SEC Chair Gensler focuses on the risks of AI

Court Rules Covington Must Identify Seven Public Company Clients in Hacking Case

Plus FTX judge may issue gag order after Bankman-Fried's allegedly leaks.

SEC: Internal Binance Messages Show Binance Knew of Wash Trading

Plus the SEC indicates it is likely to appeal Ripple ruling.

SEC Brings Settled Fraud Charges Against Digital World SPAC

Plus a House Committee introduces the "Financial Innovation and Technology for the 21st Century Act" for crypto.

Groundhog Day: Bipartisan Legislation Seeks to Bar Executive and Legislative Branches from Owning Stock

Plus how does Taylor Swift keep getting in this newsletter?

Tesla Board Agrees to "Largest Shareholder Derivative Lawsuit Settlement Ever"

Plus a poll: Are you using AI yet professionally?