Telegram is set to provide more user data to authorities and will we see Kamala Harris'

crypto policy before election? This is Coin Us Daily. I'm your host, Christine Lee.

Telegram is making significant changes to its terms of service. The messaging platform will now share information

such as users' IP address and phone number with judicial authorities in cases of potential

criminal conduct. The changes come after Telegram CEO Pavel Duraugh was arrested in France

last month when authorities alleged his company let users abuse

the app for illegal activities. The Russian billionaire is currently out on bail, but has been ordered

to stay in France until the investigation is closed. Vice President Kamala Harris's brief comments

on digital assets saw positive feedback from the community, but the industry

shouldn't expect a full-on crypto policy from her in the final weeks before November. According to

insiders, the discussions about digital assets policy remain high level and aren't likely to produce

a detailed stance before voters decide who to elect. This likely leaves crypto as just

one item among a range of economic innovations Harris will cite on the campaign trail.

But according to Coinbase Chief Legal Officer, Paul Graywall, quote,

The progress is real. Graywell saying in a coinisk interview Monday

that it's remarkable to see how far the Democratic candidate as well as her Republican opponent

have come in a matter of weeks. And former Alameda Research CEO Caroline Ellison's sentencing

hearing has been scheduled for later today. During the month-long trial last year,

the four FTX executive testified against her boss and ex-lover Sam Bankman-Fried, who was found guilty

on all seven charges he faced and later sentenced to 25 years in prison. Traders on Polly Market are

betting the court will show mercy with yes

shares for no prison time trading at 49 cents, meaning the market sees a 49% chance

...