Senin, 22 September 2025

Vitalik joins debate as SEC hit over Tron IPO


Plus, Vitalik hits back on ETH FUD as lawmakers press the SEC on Tron.	͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏	View in browser

Your weekly roundup of the 🔥hottest news in crypto:

Vitalik Buterin Speaks Up, US Lawmakers Challenge SEC on Tron IPO, & Other News

Sept. 14 - 20

#1

Vitalik Buterin finally pushes back after weeks of staking queue FUD

Ethereum co-founder Vitalik Buterin has finally addressed some concerns over the lengthening Ethereum staking exit queue, which has now grown to 45 days.

His response came after Galaxy Digital's head of DeFi, Michael Marcantonio, called the exit queue length "troubling" in X posts and compared it to Solana, which only requires two days to unstake. He has since deleted the posts.

"Unclear how a network that takes 45 days to return assets can serve as a suitable candidate to power the next era of global capital markets," he added.

Get the full story

#2

US lawmakers challenge SEC on Tron IPO, press for probe into Justin Sun

Two members of Congress have called on the US Securities and Exchange Commission (SEC) to answer questions that could impact how crypto companies go public on US exchanges.

In a Wednesday letter to SEC Chair Paul Atkins and acting director of the commission's division of corporation finance Cicely LaMothe, Senator Jeff Merkley and Representative Sean Casten questioned the agency's timing on dropping an enforcement case against Tron founder and CEO Justin Sun.

The Tron founder had been facing a lawsuit filed by the SEC in 2023 over allegations of offering unregistered securities, but the agency asked for a stay in the case in February, a month after the departure of former Chair Gary Gensler.

#3

Gary Gensler doubles down on crypto approach amid SEC sea change

In one of his few media appearances since leaving the US Securities and Exchange Commission (SEC) in January, Gary Gensler suggested he had no regrets about his approach to crypto enforcement during his four years at the agency.

In a Wednesday interview, CNBC's Sara Eisen asked the former SEC chair to respond to the agency under Paul Atkins "reversing a lot of what [he] did" regarding crypto policies, saying many investors were "ecstatic" he was no longer heading the commission.

Gensler said he was "proud" of his time at the SEC, that he had made the right decisions regarding regulating digital assets, and reiterated his assertions that crypto was a "highly speculative, very risky asset."

"We were consistently trying to ensure for investor protection," said Gensler, in regard to SEC enforcement actions against crypto companies while he was chair. "And in the midst of it, we had a lot of fraudsters: Look at Sam Bankman-Fried, and he wasn't alone."

Prediction of the Week

NBA star Kevin Durant recovers Coinbase account after nearly 10 years

Nearly 10 years after buying Bitcoin on Coinbase, NBA superstar Kevin Durant has regained access to his holdings thanks to a completed account recovery.

The news was announced via an X post by Coinbase CEO Brian Armstrong on Thursday evening. "We got this fixed. Account recovery complete!," Armstrong wrote.

Durant, a 15-time NBA All-Star who will suit up for the Houston Rockets this season, shared the story of his lost Bitcoin on Tuesday at the annual Game Plan summit in Santa Monica.

Appearing alongside his agent, Rich Kleiman, Durant told the host Andrew Ross Sorkin that sometime around 2014 or 2015, he discovered Bitcoin by watching YouTube videos, and gave his agent "a little nudge."

FUD of the week

FTX Recovery Trust to unlock $1.6B for creditors in September disbursement

The FTX Recovery Trust, the entity overseeing the distribution of funds from the bankrupt crypto exchange, announced a third tranche of distributions to creditors, worth about $1.6 billion.

According to a Friday announcement, the distribution is scheduled for Sept. 30, and creditors should receive the funds in their accounts within three business days of the payment date.

The third distribution includes a 6% payout for Dotcom Customer claims, a 40% distribution for US Customer Entitlement Claims and a 24% distribution for General Unsecured Claims and Digital Asset Loan Claims. Convenience claims will receive a 120% reimbursement as part of September's payout.