News list for " tri-state"
According to TheBlock, Coinbase has filed lawsuits against the states of Michigan, Illinois, and Connecticut, arguing that prediction markets should be exclusively regulated by the Commodity Futures Trading Commission (CFTC) rather than state gaming regulators. The move comes on the heels of Coinbase's announcement of a partnership with the CFTC-regulated Kalshi platform, which plans to enter the prediction market space in January 2026. Paul Grewal, Coinbase's chief legal officer, said state int...
The SEC is banning Shan Hanes, former CEO of Heartland Tri-State Bank in Kansas, from participating in the banking industry in the future, according to official sources. Previously, Shan Hanes was sentenced to 293 months in federal prison for his alleged $47 million cryptocurrency scam. Court documents show that Hanes executed 11 unauthorized telegraphic transfers between May and July 2023 to transfer $47.10 million in bank funds into a cryptocurrency wallet. The scam eventually led to the Hear....
