Adam Forsyth

CFTC crypto oversight questioned after officials were pushed out

Senior Commodity Futures Trading Commission officials who raised concerns about prediction market firms were suspended, investigated and pushed out, according to a New York Times investigation. Summary NYT reported CFTC officials raised concerns about Polymarket, Crypto.com and a Gemini affiliate before suspensions. Crypto.news reported CFTC relief for event contracts as prediction market legal fights widened…

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MARA security tops $4.3M as wrench attacks surge

MARA security spending reached $4.3 million in 2025, including $430,000 to armor CEO Fred Thiel’s vehicle. Summary MARA’s 2026 proxy filing revealed $4.3 million in total CEO security spending in 2025, including $430,000 to armor Fred Thiel’s personal vehicle. Physical attacks on crypto holders rose 75% in 2025 to 72 confirmed incidents totalling $41 million…

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Cardano governance dispute puts IOG lab at risk

Cardano governance is in crisis as an 81% stake majority opposes a 32.9 million ADA research funding proposal. Summary An 81% active stake majority is opposing a 32.9 million ADA proposal to fund Input Output Global’s research lab for another year through Cardano’s treasury. Founder Charles Hoskinson called the vote existential for Cardano’s identity as…

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Tom Emmer dismisses 2 key Clarity Act concerns

Clarity Act concerns from law enforcement are overblown, House Majority Whip Tom Emmer said. Summary Emmer called law enforcement objections to crypto developer protections a “red herring” aimed at slowing the bill. He defended shielding noncustodial developers from money transmitter rules under the Blockchain Regulatory Certainty Act. The Senate Banking Committee advanced the Clarity Act…

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Kalshi launches advocacy group with Trump aide

Kalshi is backing a new advocacy group to fight the gaming lobby over prediction market regulation. Summary Americans for Fair Markets launched with Kalshi support to counter sportsbook and casino opposition to prediction markets. The group tapped former Deputy White House Chief of Staff Taylor Budowich as its strategic advisor. Prediction markets have grown into…

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US Treasury Sanctions Sinaloa Cartel Associates Over Crypto Money Laundering

These individuals and entities lead networks that launder the proceeds of fentanyl and other narcotics trafficking activities for the Sinaloa Cartel. The United States Treasury Department’s Office of Foreign Assets Control (OFAC) has enforced sanctions against individuals and entities linked to a Mexican cartel that is trafficking illicit drugs and laundering the proceeds through…

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Robinhood crypto COO Tanya Denisova exits

Robinhood crypto COO Tanya Denisova is leaving the platform after more than five years. Summary Tanya Denisova, COO of Robinhood Crypto, is leaving the firm after more than five years as the platform navigates a 47% decline in Q1 crypto revenue. Robinhood’s Q1 2026 crypto revenue fell to $134 million from $252 million a year…

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