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The same day that Jenevieve Judd gave birth to her son, John Elliott, in October 1944, she received a crushing telegram from the U.S. military informing her that her husband had gone missing while serving in World War II. Mr. Elliott, now 79, said that his mother had told him that she had been so affected by the news of his father’s disappearance that it made labor more difficult, possibly causing Mr. Elliott to spend the first week of his life in an oxygen tank after being born purple. Over the years, Ms. Judd told her son extremely little about her missing husband, who remained unaccounted for until May of this year. John A. Tarbert of the Air Force was killed at 24 after his plane was attacked while flying over Germany 80 years ago this Friday. “I’m a low-key kind of a guy, and the excitement is just beginning to kind of swell up inside me,” Mr. Elliott said in an interview on Monday.
Persons: Jenevieve Judd, John Elliott, Elliott, Judd, John A, , ” Mr Organizations: U.S, The Defense Department, Air Force Locations: Germany
Former U.S. President and Republican presidential candidate Donald Trump looks on during his campaign event, in Racine, Wisconsin, U.S. June 18, 2024. In 2020, before Biden took office, the SEC accused Ripple and its founders of violating securities laws by acting as unregistered brokers of digital currency tokens, which the SEC regulates as securities. In 2023, the SEC filed a similar complaint against Coinbase, the largest U.S. crypto exchange platform. Trump has seized on this frustration in recent months, recasting himself from a crypto skeptic into a crypto supporter. Some in the crypto industry who are siding with Trump are going farther than just complaining about Gensler.
Persons: Donald Trump, David Sacks, Trump, Stuart Alderoty, Gary Gensler, Alderoty, Paul Grewal, Biden, Coinbase, Christopher Giancarlo, Heath Tarbert Organizations: U.S, Republican, CNBC, Securities and Exchange Commission, SEC, Trump, , Futures, Commission Locations: Racine , Wisconsin, U.S, San Francisco, Washington
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/circle-hires-former-cftc-chairman-heath-tarbert-as-legal-chief-523a70d9
Persons: Dow Jones, 523a70d9 Organizations: cftc
NEW YORK, June 8 (Reuters) - Cryptocurrency operator Circle Internet Financial said on Thursday it has hired Heath Tarbert, former chair of the Commodity Futures Trading Commission, as the its chief legal officer and head of corporate affairs, effective July 1. Tarbert, a former corporate attorney and senior Treasury Department official, more recently worked for electronic trading firm Citadel Securities. Boston-based Circle, the issuer of stablecoin USDC, in December decided to end a $9 billion deal to merge with blank-check firm Concord Acquisition Corp . "As we continue building a bridge between traditional finance and Web3, Heath's perspective, legal acumen and global regulatory experience will help us advance the utility value of USDC worldwide," Jeremy Allaire, chief executive officer of Circle, said in a statement. Reporting by John McCrank; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.
Persons: Heath Tarbert, Tarbert, Jeremy Allaire, John McCrank, Chizu Organizations: YORK, Futures Trading Commission, CFTC, Securities and Exchange Commission, Treasury Department, Citadel Securities ., Concord, Corp, Thomson Locations: U.S, Citadel Securities . Boston
June 8 (Reuters) - The chair of the U.S. Securities and Exchange Commission (SEC) on Thursday strongly rebutted criticism that the agency is trying to crush the crypto industry, and said many companies in the space had made a "calculated economic decision" to flout its rules. That means most crypto exchanges have to comply with the securities laws too, he added. "They may have made a calculated economic decision to take the risk of enforcement as the cost of doing business." The crypto industry has attacked Gensler in recent days after the SEC sued two of the world's largest crypto exchanges, Coinbase (COIN.O) and Binance, for allegedly breaking securities laws by failing to register their operations with the agency. The SEC alleged Coinbase traded at least 13 crypto assets that are securities, while it accused Binance of offering 12 cryptocurrency coins without registering them.
Persons: Piper Sandler, Gary Gensler, Gensler, Brian Armstrong, Binance, Changpeng Zhao, Binance.US, Coinbase, Heath Tarbert, John McCrank, Hannah Lang, Susan Heavey, Manya, Michelle Price, Chizu Nomiyama, Matthew Lewis Organizations: U.S . Securities, Exchange Commission, SEC, Twitter, Coinbase, Department of Justice, U.S, Reuters, Futures Trading Commission, Manya Saini, Thomson Locations: New York, Washington, Gensler, Bengaluru
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