executives

Today, Bitget, in collaboration with media outlet Rhythm, held an online live broadcast themed "Dialogue with Bitget Executives: A Comprehensive Breakdown of the SpaceX Ticket, from Capital Privilege to Universal Sharing," providing a systematic interpretation of the product mechanisms of IPO Prime and preSPAX.Ken, the product head of Bitget IPO Prime, stated that IPO Prime is not the traditional "new coin listing," but rather utilizes digital tokens issued by the regulated issuer Republic to transform the high-threshold, low-liquidity non-standard assets of the primary market into priceable, tradable, and exit-able digital products.Ken pointed out that Pre-IPO opportunities have long been scarce, not only because the targets are of high quality but also due to the inherent high thresholds, strong circles, and low liquidity issues in the primary market. The launch of IPO Prime by Bitget aims to provide users with the opportunity to access potential economic benefits before the listing of unicorn companies through clearer product design and trading mechanisms within a compliant framework.The first phase of the preSPAX launched is an important attempt in this direction, focusing on providing users with a more flexible and tradable participation path.He further stated that from crypto trading to UEX, and now extending to the primary market, Bitget has been continuously pushing the boundaries of trading. In the future, the platform hopes to do more than just list more assets; it aims to further bridge the previously fragmented opportunity structures between different markets, allowing users to access earlier, higher quality, and more diverse global asset opportunities within the same system.

The U.S. Department of Justice's Northern California Prosecutor's Office announced that 10 executives and employees from four cryptocurrency market-making firms have been charged with allegedly manipulating token trading volumes and prices through wash trading, involving Gotbit, Vortex, Antier, and Contrarian.Three of the defendants have been extradited from Singapore to the U.S., and two others have pleaded guilty and been sentenced. The FBI and the IRS Criminal Investigation Division even created multiple cryptocurrency tokens during an undercover operation to investigate illegal volume manipulation and price inflation within the industry. Over $1 million in cryptocurrency assets have currently been seized.

Coinbase shareholder Kevin Meehan filed a derivative lawsuit on behalf of the company, accusing CEO Brian Armstrong and other executives of making misleading statements between April 2021 and June 2023, failing to adequately disclose the risks of customer asset custody, the securities law risks of token listings, and anti-money laundering compliance deficiencies. The lawsuit also names Coinbase co-founder Fred Ehrsam, Chief Operating Officer Paul Grewal, and President and Chief Operating Officer Emilie Choi.The complaint states that the Coinbase user agreement describes custodial wallet assets as "assets held by the company on behalf of customers," but does not disclose that these assets may be included in the bankruptcy estate if the company goes bankrupt, potentially leaving retail users as ordinary unsecured creditors. Meanwhile, the company claims that the token listing review process can "ensure that no securities appear on the platform," yet some tokens still face securities risks.

The documents show that two directors of the Bitcoin mining company American Bitcoin (ABTC), supported by the Trump family, collectively increased their holdings by approximately 1.63 million shares of the company stock after the earnings report disclosure window reopened. Among them, Justin Mateen purchased about 1.3 million shares at an average price of around $1, while Richard Busch bought about 330,000 shares in the past two days. The company previously announced a net loss of approximately $59 million for the fourth quarter of 2025.Co-founder Eric Trump stated that the company currently holds over 6,500 Bitcoins, an increase of about 500 since the last disclosure, ranking 17th among publicly traded companies in Bitcoin holdings globally. ABTC employs a dual strategy of "mining + direct purchase," with about one-third of its Bitcoins coming from mining and the rest acquired through market purchases and strategic trades. The company also announced the acquisition of 11,298 ASIC miners, which is expected to increase its hash rate by approximately 12%. Currently, Eric Trump and Donald Trump Jr. collectively hold about 20% of the company's shares.

According to Cointelegraph, the UK House of Lords questioned Coinbase's Vice President of International Policy, Tom Duff Gordon, on Wednesday, focusing on whether stablecoins could lead to a loss of bank deposits and pose new risks to the UK financial system.Gordon stated that fully reserved and regulated stablecoins are "safer than uninsured bank deposits" because they are backed 1:1 by cash and high-quality government securities and can be redeemed at face value. He emphasized that stablecoins can significantly reduce payment costs and accelerate cross-border payments.Members of the UK House of Lords questioned the redemption risks of stablecoins during a crisis, their potential impact on banks, and their role in criminal activities. Gordon countered that concerns about disintermediation from banks are "greatly exaggerated" and emphasized that Coinbase strictly enforces KYC and anti-money laundering measures.Adam Jackson, Chief Strategy Officer of Innovate Finance, warned that the UK could establish a regulatory regime "stricter and less competitive than the EU's MiCA framework," causing the UK to fall behind the US and Europe in the competition for stablecoin innovation.

Bitget has launched the "Crypto Anti-Bias Pledge" as an important part of its International Women's Day series of activities. This initiative focuses on three core areas: lowering educational and industry entry barriers, promoting equal career development opportunities, and implementing a "zero tolerance" policy against discrimination and harassment in professional and community environments.Bitget CEO Gracy Chen stated that through the Blockchain4Her public welfare program, which has established a special fund of $10 million, Bitget is driving industry improvement through educational collaboration and corporate governance practices. The platform has partnered with UNICEF to provide blockchain and digital skills training to 300,000 young people globally, with an expected female participation rate of 90%.Internally, approximately 40% of executive positions at Bitget are held by women, and a performance-based promotion mechanism has been established. The latest internal assessment shows that several top-performing employees are women, reflecting a talent development culture focused on capability and performance.

According to on-chain detective ZachXBT, multiple employees of the cryptocurrency trading platform Axiom Exchange have been accused of exploiting internal tool access vulnerabilities to view sensitive user information and track private wallet activities since early 2025, allegedly engaging in insider trading. ZachXBT specifically pointed out that employee Broox Bauer is one of the individuals involved.Axiom was founded by Mist and Cal in 2024 and completed Y Combinator incubation in the winter of 2025, becoming one of the most profitable companies in the field, having generated over $390 million to date. ZachXBT stated that he was hired to investigate the platform's misconduct allegations after receiving reports.

According to Cointelegraph, Robinhood's head of cryptocurrency, Johann Kerbrat, recently stated that amid the ongoing market downturn, crypto investors are gradually turning their attention to assets beyond Bitcoin and Ethereum. He noted that many investors view the current market as a "buying opportunity" and are beginning to explore more options outside the top two or three cryptocurrencies.At the same time, Kerbrat revealed that cryptocurrency holders on the Robinhood platform are not just holding tokens but are actively exploring use cases such as staking and DeFi, which continue to show strong appeal amid market uncertainty.However, the Altcoin Season Index data shows that the market still primarily favors Bitcoin, with a Bitcoin season score of 33/100. Additionally, the U.S. Bitcoin spot ETF has seen net outflows for five consecutive weeks, totaling approximately $3.8 billion, reflecting that market sentiment has remained in a state of "extreme fear" since early February.

According to The Block, the White House held a third closed-door meeting on Thursday, inviting representatives from the crypto industry to discuss the stablecoin reward mechanism with banking groups. The meeting lasted for several hours and was described by attendees as a "constructive dialogue," but no final compromise has been reached.Ji Hun Kim, CEO of the Crypto Council for Innovation, stated that the meeting advanced the framework building based on previous discussions, aiming to enhance U.S. competitiveness while protecting consumers. Coinbase's Chief Legal Officer Paul Grewal also described the discussions as "cooperative in tone and constructive," suggesting that negotiations will continue.The stablecoin holding reward mechanism is a key point of contention in the current crypto market structure legislation. Sources revealed that the White House proposed some principled plans allowing companies to offer rewards based on specific activities or account balances, but the banking sector remains cautious. It is still uncertain whether a next round of meetings will be held. Attending organizations included Ripple, the Blockchain Association, the Crypto Council for Innovation, and several major banking associations.

According to Bloomberg, cryptocurrency exchange Gemini Space Station Inc. announced on Tuesday that its Chief Operating Officer, Chief Financial Officer, and Chief Legal Officer will leave the company immediately.Documents submitted by Gemini to the Bloomberg Terminal show that executives Marshall Beard, Dan Chen, and Tyler Meade are leaving the company effective immediately. Notably, Marshall Beard, who also served as a member of the Gemini board, has resigned from his board position as well, and the company stated that his departure is not due to any disagreements with the company.

According to The Block, Michael S. Selig, chairman of the U.S. Commodity Futures Trading Commission (CFTC), announced the establishment of an innovation advisory committee consisting of 35 members, with several executives from the cryptocurrency industry appointed.Selig stated that the committee will assist the CFTC in developing a regulatory framework regarding the role of "breakthrough technologies" such as artificial intelligence and blockchain in financial markets, ensuring that its decisions reflect market realities and establishing clear rules for "a golden age of American financial markets." The committee members include representatives from blockchain projects, such as Vivek Raman from Etherealize, Anatoly Yakovenko from Solana Labs, Brad Garlinghouse from Ripple, Sergey Nazarov, CEO of Chainlink Labs, and Hayden Adams, CEO of Uniswap Labs.In terms of centralized exchanges, executives from Bullish, Coinbase, Crypto.com, Gemini, Kraken, Bitnomial, and Robinhood are included. Shayne Coplan, founder of the prediction market platform Polymarket, and Tarek Mansour, founder of Kalshi, have also been appointed. Chris Dixon from a16z crypto, Vance Spencer from Framework Ventures, and Alana Palmedo from Paradigm are also on the list. The committee also includes representatives from traditional financial institutions such as Cboe, CME, DTCC, Nasdaq, and options clearing companies.

According to Polymarket data, regarding the successor to the Federal Reserve, the implied probability for BlackRock's Chief Investment Officer of Global Fixed Income, Rieder, is 47%, higher than former Federal Reserve Governor Kevin Warsh's 28%, current Federal Reserve Governor Christopher Waller's 9%, and White House National Economic Advisor Kevin Hassett's 8%.The total trading volume for this event exceeds $250 million, and the chart shows that Rieder's pricing curve accelerated upward in January, surpassing competitor Kevin Warsh on January 23.

Solana's Head of Growth for Asia Pacific, Yaoyao, posted on the X platform that before joining Solana, in 2023, they attended a Starknet event and tried to discuss expansion plans for the Asia Pacific region with the team. During a conversation with a Starknet executive, the executive displayed arrogance, stating that Yaoyao's inquiry about the reasons and ways to join the company was very rude.Yaoyao mentioned that they were still working at Bybit at the time and were also undergoing interviews with Solana, and this experience ultimately led to their decision to join Solana. Yaoyao also stated that the ecosystem is defined by people, and if one does not stand with the community, there will be no support.

According to Cointelegraph, Paradigm's Vice President of Regulatory Affairs, Justin Slaughter, stated that even if the U.S. crypto market structure bill is ultimately passed into law, the formulation of its rules and full implementation could take nearly two presidential terms.The bill is currently under review by the Senate Banking Committee, while the hearing for the Agriculture Committee has been postponed until January 27. Slaughter pointed out that the bill alone requires the formulation of 45 rules, a process that will not only span this presidential term but is likely to continue until the end of the next term. He cited the Dodd-Frank Act, passed in 2010, as an example, noting that most of the rules not overseen by the CFTC were only completed between 2013 and 2018, taking anywhere from 3 to 8 years.Slaughter mentioned that he will be watching whether the bipartisan cooperation process is maintained during Thursday's review and noted that important bills "often go through multiple failures" before final passage, but he remains optimistic about the likelihood of passage.

The chairman of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, announced the establishment of a new Innovation Advisory Committee on Monday, aimed at providing guidance for the regulation of emerging technologies such as blockchain and artificial intelligence.Behnam stated that the Innovation Advisory Committee will replace the previous Technology Advisory Committee and is dedicated to engaging top opinion leaders from the cryptocurrency industry in the CFTC's regulatory process to develop pragmatic and forward-looking market regulation policies. The new committee will provide advice to the CFTC on aspects such as "the commercial operation, economic benefits, and practical considerations of emerging financial products, platforms, and business models," thereby "establishing clear development rules for a golden era of the U.S. financial markets." Behnam will serve as the initiator of the new committee and plans to nominate 12 CEO Innovation Council members as founding members.The selected members include several leading figures in the cryptocurrency space: Gemini co-founder Tyler Winklevoss, Polymarket founder Shayne Coplan, prediction market platform Kalshi founder Tarek Mansour, Crypto.com CEO Kris Marszalek, and Kraken co-founder Arjun Sethi. Executives from traditional financial institutions are also included: Intercontinental Exchange (ICE) CEO Jeff Sprecher, Cboe Global Markets CEO David Howson, and Nasdaq CEO Adena Friedman.

The American law firm Burwick Law announced a litigation update stating that the plaintiffs have submitted a revised complaint today in federal court, accusing the operator of pump.fun, Baton Corp, as well as the Solana Foundation, Solana Labs, and several executives of violating the Racketeer Influenced and Corrupt Organizations Act (RICO).

Multiple executives in the cryptocurrency industry and advocacy organizations have warned that modifying the stablecoin regulatory framework under the banking lobby's request, as outlined in the GENIUS Act, to restrict third parties from providing yields to stablecoin holders could undermine the United States' competitiveness in the global financial system and even pose a "national security trap."Pro-crypto lawyer John Deaton stated that banning stablecoin yield mechanisms might actually drive the market towards China's interest-bearing digital yuan, thereby weakening the dollar's position. The cryptocurrency industry organization Blockchain Association pointed out that there is currently no evidence that the development of stablecoins would disrupt the traditional banking system, and such modifications seem more like competitive blocking actions by large banks after achieving bipartisan consensus.Alexander Grieve, Vice President of Government Affairs at Paradigm, also warned that overturning existing reward arrangements would waste the progress made in legislation. Meanwhile, Mike Novogratz, CEO of Galaxy Digital, bluntly stated that it would be a wrong choice for the U.S. to roll back related rules due to industry pressure.

Multiple executives in the cryptocurrency industry and advocacy organizations have warned that modifying the stablecoin regulatory framework under the banking lobby's demands in the GENIUS Act, which restricts providing yields to stablecoin holders through third parties, could undermine the United States' competitiveness in the global financial system and even pose a "national security trap."Pro-crypto lawyer John Deaton stated that banning stablecoin yield mechanisms might instead drive the market towards China's interest-bearing digital yuan, thereby weakening the dollar's position. The cryptocurrency industry organization Blockchain Association pointed out that there is currently no evidence that the development of stablecoins would disrupt the traditional banking system, and such modifications seem more like competitive obstruction by large banks after achieving bipartisan consensus.Alexander Grieve, Vice President of Government Affairs at Paradigm, also warned that overturning existing reward arrangements would waste the legislative progress made. Meanwhile, Mike Novogratz, CEO of Galaxy Digital, bluntly stated that it would be a wrong choice for the U.S. to roll back related rules due to industry pressure.

Uber and Lyft former executive Travis VanderZanden announced the launch of a Bitcoin-linked savings token called BUCK, which aims to provide users with an approximate target annual return of 7%.