Hollywood Director Found Guilty of $11M Netflix Scam, Funds Converted to Crypto
A Hollywood director was convicted for defrauding a streaming platform of $11 million and directing the proceeds into cryptocurrency, a development that raises immediate operational and security questions for corporate treasuries and custodians. The conviction and the fact that the stolen amount was converted into digital assets highlight gaps in permission transparency, treasury controls and […]
CFTC pilot opens path for crypto as collateral in derivative markets
On December 8, 2025, the U.S. Commodity Futures Trading Commission launched a pilot program that permits selected digital assets to serve as collateral in derivatives markets, formally opening a regulated route for crypto as collateral. The pilot authorizes Bitcoin (BTC), Ether (ETH) and USDC as margin collateral under a three‑month, monitored no‑action period for participating […]