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Nalezeno "q1 2023": 15636

Another Court Finds SEC Acted ‘Arbitrarily and Capriciously’

3.11.2023
The United States Court of Appeals for the Fifth Circuit has found that the U.S. Securities and Exchange Commission (SEC) acted “arbitrarily and capriciously” in a case involving the stock buyback disclosure rule. “Another day and another court finds that the SEC again acted...

Guilty on All Counts: Former FTX CEO Sam Bankman-Fried Faces Potential Century-Long Sentence

3.11.2023
Sam Bankman-Fried, the disgraced former CEO of FTX, has been convicted on all seven charges, including wire fraud, securities fraud, commodities fraud, and money laundering. The jury reached a verdict at around 7:45 p.m. (ET) on Thursday evening according to an account shared by Matthew Russell...

JPMorgan CEO: Inflation May Be Stickier Than People Think, Fed May Raise Rates Further

3.11.2023
The CEO of JPMorgan Chase, Jamie Dimon, has warned that inflation may be more persistent than many expect, and the government’s fiscal and monetary stimulus in the past several years has been greater than many realize. Dimon also expects more interest rate hikes from the Fed, stating:...

Sam Bankman-Fried Guilty on All 7 Counts in FTX Fraud Trial

3.11.2023
A jury found Sam Bankman-Fried guilty on all charges in his criminal fraud trial tied to FTX's operation and collapse

Bitcoin Mining Stocks Soar 10% as BTC Hovers Near 17-Month High at $35K

2.11.2023
Bitcoin [BTC] mining stocks soared Thursday amid stable bitcoin price near its 17-month highs and bullish equity markets

Prisoners’ Dreams to Stash $54M in Crypto in Exotic Locales Dashed as Feds Grab Them for Treasury

2.11.2023
Federal law enforcement has seized $54 million worth of cryptocurrencies from the leader of a notorious New Jersey drug ring, U.S. Attorney Philip R. Sellinger said Thursday in a statement

OCCRP Investigation Alleges Bukele Embezzled $200 Million for Bitcoin Projects in El Salvador

2.11.2023
An investigation led by the Organized Crime and Corruption Reporting Project (OCCRP) alleges that Nayib Bukele, President of El Salvador, deviated hundreds of millions of dollars granted by the Central American Bank for Economic Integration (CABEI) to develop the project of making bitcoin legal...

The Other FTX Case

2.11.2023
Most of the charges facing SBF this week won’t ever be relevant to most crypto companies. But charges the government cannot pursue today could be, say Andrew C. Adams and Kane Smith, at Steptoe & Johnson LLP

Coinbase Beats Q3 Earnings Estimates While Trading Volume Falls

2.11.2023
The crypto exchange's third quarter transaction revenue rose/fell short from previous quarter

Solana Is Down 15% Since Hitting a 14-Month High. Is the Rally Over?

2.11.2023
Solana's [SOL] spectacular comeback – up over 300% this year – has captivated crypto market participants after being one of the most beaten-down assets during the bear market

Best Crypto to Buy Now November 2 – Aave, Solana, The Sandbox

2.11.2023
With Bitcoin still trying to surmount the $35,000 level, analysts have flagged Aave (AAVE),  Solana (SOL), The Sandbox (SAND), Bitcoin Minetrix (BTCMTX), and Meme Kombat (MK) as some of the best crypto to buy now as the broader crypto market continues to trend upwards. AAVE stalled after...

Coinbase Halts Staking Services in Maryland Following Securities Commissioner’s Order

2.11.2023
In an unfolding development, the US cryptocurrency exchange Coinbase announced the suspension of its staking services in Maryland today via an e-mail to its customers. The decision follows a preliminary cease and desist order issued by the Maryland Securities Commissioner on June 6, 2023. The order...

Prosecutor: FTX Boss Sam Bankman-Fried Stole Billions From Customers, Lied About It

2.11.2023
Federal prosecutor Nicolas Roos argued this week that Sam Bankman-Fried stole billions in customer funds from his cryptocurrency exchange FTX and lied repeatedly to cover it up, actions that make him guilty on all counts. The prosecutor’s closing argument paints a picture of Bankman-Fried...

Discredited Crypto Terrorist Funding Figures Gain Fresh Life in House Hearing

2.11.2023
Despite a raging online debate discrediting the scale of crypto support for terrorist groups, the story continues to resonate in important places. Most recently on Thursday, the ranking Democrat at a hearing in the U.S. House of Representatives quoted a figure of $130 million in digital assets...

ATP Tennis Tour Unveils NFT Drop for Personalized 2023 Finals Posters

2.11.2023
The Association of Tennis Professionals (ATP) has unveiled a partnership with digital art platform Artchild and artist Honor Titus to introduce fan-customizable digital and physical tennis posters during the upcoming 2023 Nitto ATP Finals. The partnership, titled POSTER, will allow fans...

October’s NFT Market Contracts Over 21%, With Ethereum’s Share Shrinking by $35 Million

2.11.2023
October proved to be a beneficial period for the broader crypto asset landscape; however, it cast a shadow on the non-fungible token (NFT) sector, witnessing a 21.64% dip in sales. Ethereum’s NFTs took the lion’s share, amassing $171 million out of the $313 million total, despite...