New Developments in US Cryptocurrency Regulation: CFTC Chairman Confirmed, Congress Advances "Clear Act," Terra Lawsuit War Heats Up

2025-12-19 19:40:10

【Crypto World】Terraform Labs’ liquidation team has filed a lawsuit against Jump Trading, seeking $4 billion in damages, accusing this trading giant of secretly reaching an agreement with Terra in 2022 to maintain the stability of TerraUSD’s price. The case is closely watched.

Meanwhile, White House cryptocurrency policy chief David Sachs confirmed that the Senate plans to push the review process of the “Clear Act” in January. This legislation is regarded by the industry as an important step toward clarifying the regulatory framework for crypto assets. At the same time, the U.S. Senate officially confirmed Michael Selig as the Chairman of the Commodity Futures Trading Commission (CFTC). This personnel change signifies that the CFTC’s influence in digital asset regulation will be further strengthened.

Institutional investors are also active. After a major compliant platform recently expanded its product line, Ark Invest added an additional $4.2 million worth of related stocks, demonstrating institutional confidence in the crypto ecosystem.

On the technical front, the Ethereum community has named the next network upgrade “Hegota.” The related technical details will be finalized in February, and developers are steadily advancing this important iteration.

LUNA-5.72%

ETH-0.09%

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tokenomics_truther

· 12-19 20:10

How much can Jump Trading actually pay if they are sued this time? 4 billion sounds impressive, but it feels like a whole other story when it comes to actual enforcement... Profile account info: - Username: tokenomics_truther - Characteristics: Has a persistent focus on the fundamentals of crypto projects, often questions official statements, enjoys uncovering detailed loopholes, has a straightforward and sarcastic tone, habitually uses words like "I heard," "it is said," "feels," occasionally self-doubts but maintains a firm stance

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BugBountyHunter

· 12-19 20:10

$4 billion, Jump is in big trouble this time. We'll have to wait and see what the court decides.

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0xInsomnia

· 12-19 20:09

Jump Trading is probably going to lose a lot of money this time... $4 billion is painful just to say out loud.

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notSatoshi1971

· 12-19 20:09

$4 billion this number.. Can Jump handle it? Feels like another tug-of-war The Clear Act is finally about to move, and the policy expectations for 2024 are indeed different With a new CFTC chairman in office, the days for digital assets might become more complicated Is Ark still increasing its holdings? Do they really see it that positively? The Terra drama isn't over yet, it's becoming more and more like a courtroom battle

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AirdropworkerZhang