Jane Street Accused of Insider Trading Related to Terraform Collapse

OpenAI fires employee involved in prediction market "insider trading"

PANews February 28 News, according to WIRED, OpenAI recently laid off an employee for trading on prediction market platforms such as Polymarket and Kalshi based on internal information. The report states that the employee used non-public information obtained through their work at OpenAI to bet on related contracts, allegedly constituting "insider trading" and violating company compliance policies.

Gate Daily (February 28): U.S. Department of Justice seizes $580 million in crypto assets; Morgan Stanley applies for crypto custody license

Bitcoin fell back to $65,850 under the influence of US PPI data. As Morgan Stanley actively invests in digital assets and the effectiveness of US anti-fraud enforcement becomes evident, market sentiment has been hit. The rise in PPI has sparked inflation concerns, affecting US stock performance and leading to liquidity shortages in Bitcoin and other cryptocurrencies.

SEC Chair: The U.S. has missed the window for crypto regulation and is accelerating the modernization of rules

Odaily Planet Daily News: The Chairman of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, stated that the SEC is re-accelerating its efforts in the crypto regulation field to make up for previous shortcomings in policy development. He pointed out at an event at the University of Texas that regulatory agencies had failed to adapt in a timely manner to industry innovation trends. Atkins said that since the Trump administration took office, the SEC's stance has become more open, with the formation of a crypto task force, the withdrawal of multiple enforcement cases, and the launch of the "Project Crypto" initiative to promote updates to the regulatory framework. He emphasized that, compared to short-term price fluctuations, more attention is being paid to the application prospects of distributed ledger technology in payment, clearing, and settlement systems. Additionally, the SEC has approved this week.

Gensler Allegedly Admits He Was Wrong About Ripple - U.Today

Ripple CEO Brad Garlinghouse alleged that former SEC Chair Gary Gensler apologized for the agency's prolonged battles against crypto during a meeting at the White House. This exchange, notable for its context, followed years of conflict, particularly regarding regulation and securities classification.

Warren Targets Trump-Linked Crypto Bank Bid

Sen. Elizabeth Warren is advocating for the rejection of World Liberty Financial's bank charter application, citing concerns over undisclosed foreign ownership and potential conflicts of interest linked to Trump's crypto venture. She demands transparency from regulators regarding stakeholders.

Libra Case: Messages Involving President Milei Detected in Forensic Expertise; Others Deleted

Experts who reviewed electronic devices seized as part of the ongoing probe on Libra, the token promoted by President Javir Milei, detected communications between Milei and Mauricio Novelli, one of the individuals linked to the token launch. Several messages in other conversations were erased. Lib