Search
SBF's legal battle still has "a lot to play out," according to legal commentators
15.12.2022
Sam Bankman-Fried faces eight accusations and could get 115 years in jail, but a final sentence could take months or even years
US Trustee names Wintermute on creditor committee in FTX bankruptcy case
15.12.2022
The committee would play a role in representing creditors who lost funds or were otherwise affected by the downfall of FTX, reported to be one million people
SBF’s Bahamian prison reported for 'harsh' conditions and 'degrading treatment' — US State Dept
14.12.2022
Bahamian Commissioner of Correctional Services Doan Cleare reportedly said that most of the facilities had been renovated since 2021 and now had no “issues with rodents."
Senate FTX hearing: calls for regulation and crypto criticisms aplenty
14.12.2022
"Short of enacting draconian authoritarian policies, cryptocurrency cannot be stopped," said Senator Pat T
Sens. Warren and Marshall introduce new money-laundering legislation for crypto
14.12.2022
The senators have created a harsh, sweeping bill to clean up crypto’s AML/KYC act that will benefit from further discussion in the next Congress
Will FTX’s ill wind reach the Global South? Maybe not
14.12.2022
In Latin America, "crypto is functional, it has a real utility." It can hedge inflation, provide access to dollars and internationalize wealth
Russia Cracking Down on Crypto Miners Minting in Residential Areas
14.12.2022
Russian authorities are now prosecuting miners extracting cryptocurrency using subsidized electricity for the population, according to a top official from the energy ministry. Power utilities are detecting their increased consumption and trying to make them pay at commercial rates. Amateur Crypto...
'You can commit fraud in shorts and T-shirts in the sun,' says SDNY attorney on SBF indictment
13.12.2022
Damian Williams called on individuals who may have been involved in alleged illegal actions at FTX and Alameda to “come see us before we come see you,” hinting at future arrests
$1.6B FTX International Customers Group Hires Law Firm to Create Official Bankruptcy Committee
13.12.2022
There is “irreconcilable conflict" between the interests of FTX's international customers and those of other creditor groups, said Eversheds Sutherland Partner Sarah Paul
Today in Crypto: Binance Introduces 'Pay', Law Firm Announces Lawsuits Against Yuga Labs (and Kevin Hart, Justin Bieber, Serena Williams...)
13.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Binance Introduces 'Pay', Law Firm Announces Lawsuits Against Yuga Labs (and Kevin Hart, Justin Bieber...
CFTC files lawsuit against Sam Bankman-Fried, FTX, and Alameda for fraud
13.12.2022
According to the federal regulator, SBF and FTX companies "used FTX customer funds for a variety of personal expenditures" including real estate and private jets
Coinbase Report Reveals Significant Surge in Global Law Enforcement Inquiries – Here’s Why
13.12.2022
The US-based crypto exchange Coinbase has seen a 66% increase in requests from law enforcement this year compared to last year, a new report has revealed.
According to the report, published by Coinbase on Monday, the rise this year pushed the total number of requests received this year...
Bahamas reportedly asked SBF to mint new coin after FTX collapse
13.12.2022
The FTX collapse has reportedly fueled a major international legal dispute between the United States and the Commonwealth of the Bahamas
Fugitive Do Kwon Now Staying in Serbia Report Says — Terraform Labs CEO Suggests SBF Is to Blame for UST Depeg
12.12.2022
A new report has claimed that Do Kwon, the fugitive CEO of Terraform Labs, is currently staying in Serbia. The report added that the South Korean government has engaged the Serbian government regarding the matter. Meanwhile, Kwon has accused Sam Bankman-Fried and Alameda Research of orchestrating...
Coinbase report shows dramatic increase in law enforcement enquiries worldwide
12.12.2022
The crypto exchange says the overall number of enquiries is up 66%, with the United States producing the most by far; the U.S., and three European countries made 80% of all requests
SBF misses the Senate hearing but promises to testify to the House: Law Decoded
12.12.2022
Sam Bankman-Fried is willing to testify before the Financial Services Committee of the U.S. House of Representatives on Dec. 13
Coinbase Says Law Enforcement Requests Rose 66% From Year Ago
12.12.2022
The number of requests from the U.S., which accounted for about 43% of the total, increased by 6%
Former top SEC crypto regulator hired by Caroline Ellison
11.12.2022
Ex-Alameda Research head will be represented by Stephanie Avakian and a team of attorneys from WilmerHale
Another Member of Russian Crypto Pyramid Finiko Arrested in UAE
11.12.2022
Law enforcement authorities in the United Arab Emirates have detained a top Finiko representative, sought for his role in the crypto Ponzi scheme which defrauded thousands of investors around the world. This is the second arrest in the Gulf state of a high-ranking member of the pyramid announced...
Sam Bankman-Fried’s parents no longer on the Stanford Law School roster
11.12.2022
Joseph Bankman and Barbara Fried have started facing professional consequences for their child Sam Bankman-Fried's illegal actions