Sun Yuchen has released another statement regarding his emotional and property dispute, saying the case has entered judicial proceedings and that he respects the court, the procedure and all rights of the other party. He described the matter as an ordinary civil property dispute and said he accepts whatever outcome the legal process brings. In the same post, he wrote that there is no judge in matters of the heart and that this matter ends with him. PANews reported the statement on August 29.

PANews’ daily roundup on Aug. 28 covered a wide set of policy, crypto, AI, fundraising, and market developments. In the U.S., the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation finalized a rule that requires bank regulators to show material financial risk or a legal violation before labeling a bank practice “unsafe or unsound” and taking enforcement action. Separately, OpenAI CEO Sam Altman told TIME that the company expects to achieve an internal artificial general intelligence system, under its own definition, by the end of 2026. The digest also said Anthropic plans to release its IPO prospectus after the U.S. Labor Day holiday and could list in late September or early October. Upbit parent Dunamu signed a strategic partnership with Visa to explore stablecoin-based services, cross-border remittances, and AI-driven payments. Ethena Foundation announced four ecosystem changes, including a proposal for revenue-based ENA buybacks and the removal of future monthly VC unlocks. Hugging Face-owned Pollen Robotics launched the $399 Microduck robot, while Sharpa, Socure, and RQD* Clearing disclosed new funding developments. The roundup also included updates on Moonwell, Sun Yuchen, Arthur Hayes’ comments on Strategy, ETF flows, and several on-chain trading signals.

The US Commodity Futures Trading Commission is facing resistance from Gannon Ken Van Dyke, a US soldier accused of using nonpublic information to trade event contracts on Polymarket and make more than $400,000. In a Monday filing in the US District Court for the Southern District of New York, Van Dyke’s lawyers objected to the regulator’s attempt to submit an amicus brief in his criminal case. The filing said the CFTC wants to address several defense arguments, including whether event contracts on platforms such as Polymarket fall under the agency’s authority as swaps. Defense counsel argued the regulator is not acting as a neutral friend of the court, but is instead trying to advance its own position while its separate civil case against Van Dyke remains paused. US authorities charged Van Dyke with fraud in April over trading tied to the January removal of Venezuelan President Nicolás Maduro. A federal judge has already stayed the CFTC’s civil action until the criminal case is resolved, and Van Dyke has pleaded not guilty. Trial could begin in late 2026 or early 2027.

U.S. soldier Gannon Ken Van Dyke has been accused of trading on Polymarket with nonpublic information tied to an event contract about Venezuelan President Nicolás Maduro being removed from office in January, generating more than $400,000 in profit. U.S. authorities brought fraud charges against him in April. The Commodity Futures Trading Commission had already filed a civil case, but a federal judge paused that matter until the criminal case is resolved. The agency has since sought to file an amicus brief addressing whether the event contracts at issue fall within its jurisdiction as swaps and related defenses. Van Dyke’s lawyer pushed back in a filing submitted Monday to the U.S. District Court for the Southern District of New York, arguing that the CFTC should deal with its own case rather than step into the criminal proceeding. Van Dyke has pleaded not guilty to all charges, and the criminal trial may begin as early as late 2026 or early 2027.

U.S. soldier Gannon Ken Van Dyke has been accused of using nonpublic information to trade event contracts on prediction market platform Polymarket tied to the January removal of Venezuelan President Nicolás Maduro, allegedly making more than $400,000. U.S. authorities charged him with fraud in April. The Commodity Futures Trading Commission had already filed a civil case against Van Dyke, but a federal judge paused that matter until the criminal case is resolved. The agency has since sought to file an amicus brief to present its view on whether the event contracts at issue fall within its jurisdiction as "swaps" and to address related arguments. Van Dyke’s lawyer pushed back in a filing submitted Monday to the U.S. District Court for the Southern District of New York, arguing that the CFTC should deal with its own case instead of stepping into the criminal proceedings. Van Dyke has pleaded not guilty to all charges. His criminal trial could begin as early as late 2026 or early 2027, according to the report.

The US Commodity Futures Trading Commission (CFTC) has entered consent orders in its civil cases against former Alameda Research CEO Caroline Ellison and FTX co-founder Zixiao “Gary” Wang. The orders, filed Tuesday in the US District Court for the Southern District of New York, require both former executives to keep cooperating with the agency and impose a five-year trading ban on each of them. Ellison also received a 10-year registration ban, while Wang was barred from registration for eight years. CFTC enforcement director David Miller said Ellison and Wang were senior executives who committed fraud at Alameda and FTX, but said their sanctions reflected their material assistance in the commission’s FTX-related investigations. The consent orders close out the agency’s enforcement actions against the pair, who were named in the original December 2022 complaint alongside former FTX CEO Sam “SBF” Bankman-Fried. The agency also noted that FTX and Alameda agreed in August 2024 to pay $12.7 billion in disgorgement and restitution to affected users. Ellison, Wang and former FTX engineering director Nishad Singh were later charged with fraud and testified against Bankman-Fried at trial over the misuse of customer funds at the now-defunct exchange. Bankman-Fried was found guilty and sentenced to 25 years. Ellison received a two-year sentence and was released early in January, while Singh and Wang received time served.

Federal prosecutors in the Southern District of New York are asking a court to deny former Celsius CEO Alex Mashinsky’s attempt to vacate his conviction and 12-year prison sentence, arguing that his claims lack merit and do not justify a hearing. In a Friday filing, SDNY Attorney James McDonald and Assistant US Attorney Allison Nichols pushed back on Mashinsky’s allegations, including his claim that he received ineffective assistance of counsel. Mashinsky, who told the court in May that he would proceed pro se, has been trying to overturn the conviction tied to fraud and market manipulation at the now-bankrupt crypto lender Celsius. Mashinsky was sentenced in May 2025 to 144 months in prison after pleading guilty to commodities fraud and securities fraud involving what prosecutors described as manipulative and deceptive conduct at Celsius. His former colleague, ex-chief revenue officer Roni Cohen-Pavon, was sentenced to time served after providing what the government called substantial assistance. Mashinsky was also ordered to forfeit $48 million and agreed to pay $10 million in a separate settlement with the US Federal Trade Commission. Separate regulatory matters remain active: the Commodity Futures Trading Commission permanently banned him from covered commodities markets in June, while the Securities and Exchange Commission said on July 30 that settlement talks in its civil case against him were ongoing.

The U.S. Commodity Futures Trading Commission has filed a civil lawsuit against Florida-based Goliath Ventures Inc. and its chief executive, Christopher Delgado, alleging the firm raised at least $397 million from about 1,600 customers by claiming it would deploy bitcoin and ether into decentralized exchange liquidity pools, while never placing any customer money into such pools. According to the complaint filed in federal court in Orlando, the company operated the scheme from at least November 2022 through February 2026, diverted all customer funds, and sent account statements showing profits it had not actually generated. The CFTC said roughly $87 million of customer money was used to pay other customers, about $174 million went to Goliath directors and staff, often as recruiting commissions, and at least $48 million was taken by Delgado for luxury homes, vehicles, and jewelry. The agency also described millions more in corporate card spending on travel, luxury goods, family tuition and tutoring, pet grooming, and a yacht purchase tied to customer deposits. The filing follows federal criminal charges brought in February 2026, after which Delgado pleaded guilty in June to conspiracy to commit wire fraud, wire fraud, and money laundering. The SEC has also filed its own civil case.