PANews reported on November 30 that U.S. District Judge Katherine Polk Failla was sentenced to 63 months in prison and ordered to pay by U.S. District Judge Katherine Polk Failla for planning a plan to steal millions of dollars in cryptocurrencies and tricking U.S. banks into returning the funds used to buy these cryptocurrencies $3.57 million in damages and $1.2 million in fines. Cabrera Da Corte and his co-conspirators purchased more than $4 million in cryptocurrency on a major crypto trading platform since 2020 by using forged and stolen identity information, and then falsely claimed that the transactions were unauthorized, inducing U.S. banks and cryptocurrency trading platforms to reverse the transactions and redeposit the funds into bank accounts controlled by the defendants.

According to a Nov. 20 SEC memo, Grayscale CEO Michael Sonnenshein, head of legal Craig Salm, ETF head Dave LaValle and four other executives, as well as five representatives of Davis Polk Law Firm, met with the SEC's trading and markets department, according to a Nov. 20 SEC memo. The memo said the discussion "involves a proposed rule change by NYSE Arca, Inc. to list and trade shares of the Grayscale Bitcoin Trust (BTC) under NYSE Arca Rule 8.201-E." According to a document shared by Bloomberg ETF analyst James Seyffart, Grayscale detailed that it has entered into a transfer agency and services agreement with Bank of New York Mellon. The bank will act as an agent for the Grayscale Bitcoin Trust (GBTC), facilitate the issuance and redemption of shares and maintain shareholder accounts.

PANews reported on September 29 that CoinDesk reporter won Gerald M. Loeb, considered the highest award in financial and business journalism, for exposing the unstable foundation of the SBF cryptocurrency empire and following up on the rapid collapse of FTX. (Gerald M. Loeb) Award. According to previous news, former CoinDesk reporter Tracy Wang won the Polk Journalism Award for reporting on FTX breaking news, namely "the luxurious lifestyle of SBF's inner circle."

Golden Finance reported that Grayscale’s legal team and lawyers from Davis Polk & Wardwell and Munger Tolles & Olsen sent a letter to the SEC on Tuesday stating that the other party had “no reason” to refuse to convert its Grayscale Bitcoin Trust Fund (GBTC) into a spot ETF. Grayscale’s legal team said in the letter that GBTC’s Rule 19b-4 submission has been pending for nearly three times the amount of time Section 19(b) of the Exchange Act allows the Commission to take action. “Accordingly, we hope regulators will agree that the best use of resources now would be for the Commission to issue an order approving NYSE Arca’s Rule 19b-4 filing and authorize staff to work with Grayscale and NYSE Arca to finalize the expedited listing of the trust’s shares. We believe the trust’s nearly one million investors deserve this level playing field as soon as possible.”

On August 30th, Grayscale Chief Legal Officer Craig Salm said in an official statement, "We appreciate the opinion of the Washington, DC Circuit Court, which recognizes that this case raises straightforward questions about equal treatment under the law. At the same time, we very much Thanks to the legal teams of Munger, Tolles and Olson, Davis Polk and Wardell. The next step is to work closely with the SEC on a plan to bring GBTC to NYSE Arca as a spot Bitcoin ETF.”

According to news on August 18, Marc Hochstein, the event planner of the encrypted media CoinDesk, revealed on the X platform (formerly Twitter) that CoinDesk has laid off staff this week. Tracy Wang, who won the Polk Journalism Award for "Luxury Lifestyle," along with other editors and reporters. Hochstein cited the former employees' contributions to journalism and called on other companies to recruit them. CoinDesk officials also confirmed the matter by reposting the post. Prior to the news on August 14, according to The Block citing people familiar with the matter, as the parent company DCG plans to introduce strategic investors, the encrypted media company CoinDesk will lay off 20 people, accounting for 45% of its editorial team.

According to PANews on August 18, Marc Hochstein, the event planner of the encrypted media CoinDesk, revealed on the X platform (formerly Twitter) that CoinDesk has laid off staff this week. Tracy Wang, who won the Polk Journalism Award for "Luxury Lifestyle" and other editors and reporters. Hochstein cited the former employees' contributions to journalism and called on other companies to recruit them. CoinDesk officials also confirmed the matter by reposting the post. Prior to the news on August 14, according to The Block citing people familiar with the matter, as the parent company DCG plans to introduce strategic investors, the encrypted media company CoinDesk will lay off 20 people, accounting for 45% of its editorial team.