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Morning edition · October 10, 2026

SEC Charges Linqto Execs; Feds Indict Empire Market Operators

Regulatory agencies announce major enforcement actions against platform executives and darknet operators, while Ethereum tests a massive capacity expansion on Sepolia.

  1. 1

    SEC Charges Former Linqto Executives Over $430M Pre-IPO Offerings

    The SEC charged William Sarris and Joseph Endoso on Oct. 9 for allegedly selling unregistered securities to unaccredited buyers from 2021 to 2024, claiming manual price fixing and false scarcity [4].

  2. 2

    Feds Indict Two Men for Allegedly Running $430M Empire Darknet Market

    Federal prosecutors in Chicago indicted Thomas Pavey and Raheim Hamilton for allegedly managing the illicit platform between 2018 and 2020, seizing approximately $75 million in cryptocurrency and physical assets [1].

  3. 3

    CFTC Secures Lifetime Trading Ban Against Celsius Founder Alex Mashinsky

    A federal court entered a consent order permanently barring Alexander Mashinsky from US commodities markets following his 12-year prison sentence and $48 million forfeiture for fraud [7].

  4. 4

    Ethereum Activates Glamsterdam Upgrade on Sepolia Testnet

    The network update successfully deployed on Oct. 6, introducing a block gas limit schedule targeting 200 million and integrating proposer-builder separation into the consensus rules [2].

Numbers

Bitcoin trades at $82,786, up 0.3% over 24 hours, while total market capitalization stands at $2.75 trillion amid a Fear & Greed index reading of 64.

Watch

Trial proceedings in Chicago federal court regarding the Empire Market blockchain forensic methodologies. · The Ethereum Foundation's announcement of a mainnet activation date for the Glamsterdam upgrade.

Full text

Regulatory agencies announce major enforcement actions against platform executives and darknet operators, while Ethereum tests a massive capacity expansion on Sepolia.

  1. SEC Charges Former Linqto Executives Over $430M Pre-IPO Offerings The SEC charged William Sarris and Joseph Endoso on Oct. 9 for allegedly selling unregistered securities to unaccredited buyers from 2021 to 2024, claiming manual price fixing and false scarcity.

  2. Feds Indict Two Men for Allegedly Running $430M Empire Darknet Market Federal prosecutors in Chicago indicted Thomas Pavey and Raheim Hamilton for allegedly managing the illicit platform between 2018 and 2020, seizing approximately $75 million in cryptocurrency and physical assets.

  3. CFTC Secures Lifetime Trading Ban Against Celsius Founder Alex Mashinsky A federal court entered a consent order permanently barring Alexander Mashinsky from US commodities markets following his 12-year prison sentence and $48 million forfeiture for fraud.

  4. Ethereum Activates Glamsterdam Upgrade on Sepolia Testnet The network update successfully deployed on Oct. 6, introducing a block gas limit schedule targeting 200 million and integrating proposer-builder separation into the consensus rules.

Numbers Bitcoin trades at $82,786, up 0.3% over 24 hours, while total market capitalization stands at $2.75 trillion amid a Fear & Greed index reading of 64.

Watch

  • Trial proceedings in Chicago federal court regarding the Empire Market blockchain forensic methodologies.
  • The Ethereum Foundation's announcement of a mainnet activation date for the Glamsterdam upgrade.

Basis Desk Newsroom · AI-generated, source-verified. Built only from stories already verified and published on Basis Desk; market figures as of publication. Not financial advice.