SEC Seeks Final Judgment Against Former Western Asset Co-CIO Ken Leech
Summary: The SEC has moved for a consent judgment against former Western Asset co-CIO Ken Leech, imposing a $3 million penalty and bars related to a cherry-picking scheme.
Compliance
Developer Posts Metadata for 5.6 Billion TikTok Videos on Hugging Face
Summary: A developer named hashfunction uploaded metadata for approximately 5.6 billion public TikTok videos to Hugging Face, bypassing platform scraping restrictions.
Raoul Pal: Weaker Dollar Could Rotate Capital from AI to Crypto
Summary: Real Vision founder Raoul Pal suggests a weakening US dollar could enable capital rotation from AI stocks into crypto, particularly benefiting smart contract platforms.
Winklevoss-backed Zcash ETF files with SEC for Nasdaq listing
Summary: A Winklevoss-sponsored ETF tracking Zcash has filed with the SEC to list on Nasdaq under ticker WINK, offering direct exposure without leverage.
Bitcoin Privacy Developer Amir Taaki Deported From Singapore
Summary: Early Bitcoin contributor and DarkFi developer Amir Taaki was questioned for six hours by Singaporean police before being deported, marking another instance in a series of international detentions.
Conduit Sues Tether Over $2.76 Million Stablecoin Freeze
Summary: Cross-border payments firm Conduit filed a federal lawsuit against Tether, alleging the stablecoin issuer froze $2.76 million in its treasury wallet without legal justification.
Prediction Market Combos Drive Volume Despite Low Cash Outlay
Summary: Combo contracts now account for over 50% of notional volume on Kalshi and nearly 50% on Polymarket U.S., inflating reported activity metrics relative to actual cash deployed.
Winklevoss Twins File for Spot Zcash ETF 'WINK' on Nasdaq
Summary: Cameron and Tyler Winklevoss filed an S-1 with the SEC for a spot Zcash ETF trading under ticker WINK, with Gemini as custodian.
Russia’s digital ruble accounts top 220K in first month, nearly 4X central bank forecast
Summary: Russian Deputy Governor Zulfiya Kakhrumanova reported that over 220,000 digital ruble accounts were opened in the first month, significantly surpassing the initial projection of roughly 60,000.
OKX Raises Funds at $25B Valuation from Circle, Standard Chartered
Summary: Crypto exchange OKX raised new funding at a $25 billion valuation with investments from Circle, Ripple, and Standard Chartered’s SC Ventures.
CoinShares Survey: Affluent Investors Plan to Boost Crypto Exposure
Summary: A CoinShares survey reveals that over 85% of affluent digital asset investors in five major economies plan to increase their crypto exposure in 2026.
SEC to Host Virtual Compliance Seminar for Investment Firms
Summary: The SEC will hold a virtual national seminar on November 19, 2026, to help chief compliance officers enhance investor protection programs.
Study: Flash Loan Attacks Cost DeFi $1.2B From 2020 to 2024
Summary: Research published in the Journal of Financial Crime reveals flash loan attacks caused $1.211 billion in losses across 72 incidents between February 2020 and July 2024.
FinCEN Withdraws Crypto Surveillance Rules on Wallets and Mixing
Summary: The Financial Crimes Enforcement Network withdrew proposed rules targeting unhosted wallets and cryptocurrency mixing, marking a significant regulatory shift.
Raoul Pal: Crypto Rally Hinges on Weaker Dollar, AI Capital Rotation
Summary: Real Vision founder Raoul Pal states that a weakening US dollar is essential for crypto's continued rally, while noting capital rotation from AI stocks.
OKX Raises Undisclosed Capital at $25 Billion Valuation
Summary: Cryptocurrency exchange OKX raised an undisclosed sum at a $25 billion valuation from existing partners including Standard Chartered’s SC Ventures and Circle.
ECB Details Digital Euro Strategy and Tokenisation Infrastructure
Summary: The ECB outlined a comprehensive strategy for the digital euro and tokenised finance, aiming to preserve monetary sovereignty while supporting private sector innovation.
ECB shifts to risk-based supervision with tiered remediation framework
Summary: The ECB is implementing a tiered supervisory approach to prioritize material risks, reducing the stock of outstanding measures by focusing on timely remediation and simplifying processes for low-severity findings.
Rep. Davis Bill Proposes $10K Fine for Candidates Trading Own Races
Summary: Rep. Don Davis introduced legislation barring federal candidates from trading prediction market contracts on their own races, imposing civil fines and granting platforms immunity.
CFTC Proposes Federal Licensing Framework for Crypto Exchanges
Summary: The CFTC published a plan to regulate crypto exchanges through Regulation CTX and CAM, seeking public input on federal licensing.