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Sam Bankman-Fried Pleads Not Guilty to Latest Indictment
22.8.2023
FTX founder Sam Bankman-Fried appeared in court Tuesday to be arraigned after the latest indictment accused him of using customer funds for everything from buying personal real estate to political donations
Crypto’s ‘Illusory Appeal’ Should Be Met by Regulation, Not Bans, BIS Study Says
22.8.2023
Bitcoin ETFs could boost adoption because digital assets offer an escape route for state-imposed capital controls, a grouping of central bankers from the Americas said
Indian Crypto Exchange CoinDCX Is Cutting 12% of Jobs as Bear Market, Taxes Take Their Toll
22.8.2023
As many as 71 people are losing their jobs
Prosecutors File Proposed Jury Instructions for Sam Bankman-Fried Trial
22.8.2023
The U.S. Department of Justice filed its proposed set of jury instructions for Sam Bankman-Fried's October trial a day before he is set to be arraigned on a new superseding indictment
Bitcoin Developers Push Back Against Craig Wright’s Claim to Billions of Dollars in Bitcoin
22.8.2023
A group of bitcoin developers is fighting a lawsuit in the UK alleging they wrongfully refused to help Craig Wright’s crypto company retrieve billions of dollars worth of bitcoin that the company allegedly lost in a hack, a Monday court filing shows
Sam Bankman-Fried Due Back in Court as He Asks for Daily Releases
21.8.2023
Sam Bankman-Fried will have five and a half hours with his attorneys, minus any time spent being arraigned yet again Tuesday on his latest indictment, which folded campaign finance allegations into existing charges
Mining Bitcoin on Household Electricity Most Profitable in Asia, Study Finds
21.8.2023
Despite significant variations in electricity rates and regulations, the Asian region as a whole has the lowest average cost of bitcoin mining for solo miners, new research shows. At the same time, the surge of energy prices due to Covid, heatwaves, and the war in Ukraine render bitcoin mining...
Bitget mandates KYC requirements in line with tightening global regulations
21.8.2023
The exchange operator is instituting new KYC requirements for users from September 2023 to comply with developing global regulatory guidelines
FTX's Debtors Revise Settlement Proposal After Objection From U.S. Trustee
21.8.2023
Bankrupt crypto exchange FTX's debtors have revised their motion for settlement after the U.S. Trustee objected to an earlier motion
XRP Ruling Needs Appeals Court Review, SEC Says
18.8.2023
The U.S. Securities and Exchange Commission (SEC) asked for permission to appeal a federal judge's ruling that XRP sales through exchanges didn't violate securities law, a day after the judge said the SEC could present its argument
Celsius Creditors to Vote on Bankruptcy-Escape Plan After Judicial Approval
18.8.2023
Creditors will have a month to mull the sale to Fahrenheit, which court filings say could see them recover 67%-85% of holdings
Coinbase-Backed Group Loses Lawsuit Arguing Tornado Cash Sanctions Overstepped U.S. Treasury's Authority
17.8.2023
A group of crypto investors and developers lost a lawsuit funded by Coinbase which sought to argue that the U.S. Treasury Department overstepped its authority in sanctioning Tornado Cash, a mixing service
SEC Can Argue for Right to Appeal Groundbreaking XRP Ruling in Ripple Case, Judge Says
17.8.2023
A federal judge will let the U.S. Securities and Exchange Commission file a motion that, if granted, would allow it to appeal a ruling that XRP transactions through exchanges didn’t violate securities laws
FTX-Linked Farmington State Bank Slapped with Fed Enforcement Action
17.8.2023
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Sam Bankman-Fried Is Now in Jail
17.8.2023
It’s a bit of a truism in journalism that any headline that ends in a question that can be answered with “yes” or “no” will usually be answered with “no.” A few weeks ago, however, I asked “Is Sam Bankman-Fried Going to Jail?” and in a rejection of that truism, the answer was “yes.”
UK ‘Travel Rule’ Won’t Completely Nix Transfers to Noncompliant Places, FCA Says
17.8.2023
Companies such as PayPal are already halting their crypto payments services in the country as a result of tighter regulations
Genesis, FTX Strike Deal for $175M Bankruptcy Claim
17.8.2023
Lawyers are trying to untie a complex financial web among companies that went under in the crypto winter
Canada’s regulatory clarity is bringing institutions to crypto - WonderFi CEO
16.8.2023
Dean Skurka stated that although regulations have increased cost, they have also led to greater interest in crypto from institutions
Paypal Pauses UK Crypto Purchases Amid Regulatory Changes; Assures Resumption in Early 2024
16.8.2023
In recent communications to its U.K. clientele, Paypal has announced a temporary suspension of cryptocurrency purchases starting October 1, 2023, with plans to resume in early 2024. Notably, even amidst this hiatus, users can continue to hold their crypto within the Paypal ecosystem and are free...
3AC Founders' OPNX Fined $2.7M by Dubai Crypto Regulator
16.8.2023
The exchange was formally reprimanded by the Virtual Assets Regulatory Authority (VARA) in May