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Sam Bankman-Fried's Complaints About Discovery Are 'Misleading,' DOJ Says

29.8.2023
Federal prosecutors have challenged FTX founder Sam Bankman-Fried’s allegations that prosecutors dumped “millions” of pages worth of potential evidence on the former CEO’s defense team just two months ahead of his criminal trial, a Tuesday court filing shows

SEC's Secret Binance Court Filing Has Observers Bracing for Bad News

29.8.2023
A new secret court filing related to Binance, the crypto exchange that already faces U.S. accusations of abetting money laundering and sanctions circumvention, has some wondering whether more bad news is about to hit the industry giant

SEC Must Review Grayscale's ETF Bid After Previous Rejection, Appeals Court Rules

29.8.2023
A federal appeals court ordered the SEC to "vacate" its rejection of the trust issuer's bid to convert the Grayscale Bitcoin Trust into an exchange-traded fund

DCG Reaches Crucial In-Principle Deal With Genesis Creditors, Recoveries Could Be Up to 90%

29.8.2023
Digital Currency Group (DCG) and Genesis creditors have reached a deal in principle to resolve the claims in the Genesis Capital Chapter 11 cases, according to a court filing on Tuesday

All of Sam Bankman-Fried's Proposed Expert Witnesses Should be Barred From Testifying: DOJ

29.8.2023
All of FTX founder’s Sam Bankman-Fried’s proposed witnesses should be disqualified from testifying because their disclosure filings are insufficient, their experience may be misleading or their planned testimony may not be relevant, prosecutors said in a late Monday filing. The defense team moved...

SEC Issues First Enforcement Action Targeting NFTs

29.8.2023

Sam Bankman-Fried Appeals Decision Jailing Him Ahead of Trial: Reuters

28.8.2023
Sam Bankman-Fried’s lawyers have appealed a judge’s decision to send him to jail while he is waiting to start trial over several allegations tied to the collapse of his former crypto exchange FTX on October 3, Reuters reports

A Crypto President? Top U.S. 2024 Contenders Aren’t Fans, and Rivals Are Way Behind

28.8.2023
Crypto was on fire as a topic in the early U.S. presidential campaigning, but the first Republican debate last week showed it may not be an issue that has legs with candidates trying to grasp mainstream attention. While we wait to see whether digital assets come up at the Republican primary debate...

Binance’s Belgian Customers to Use Polish Entity In Bid to Escape Regulators’ Ban

28.8.2023
Financial authority FSMA told the company in June to cease serving Belgian customers from outside the European bloc

Indian Billionaire Mukesh Ambani's Firm Will Explore Blockchain Platforms and CBDCs

28.8.2023
Reliance Industries Ltd. is entering the world of blockchain and central bank digital currencies (CBDCs), its Chairman and Asia's richest man, Mukesh Ambani, announced on Monday

Sam Bankman-Fried's Defense Renews Push for 'Temporary Release' Ahead of October Trial

28.8.2023
Attorneys for Sam Bankman-Fried have filed a new motion to secure his "temporary release" or at least have him dropped off with his defense team five days a week

South African Official: Common Currency Requires Central Bank, Threatens Monetary Policy Independence

26.8.2023
South Africa’s minister of finance has explained why he believes that no country is ready for a common currency, including a unified BRICS currency. “Setting up a common currency presupposes setting up a central bank, and that presupposes losing independence on monetary policies, and I don’t think...

Jackson Hole: Where Fed Policy Is Decided on the Fly

25.8.2023

Sweeping U.S. Tax Proposal Met With Boos From Crypto World

25.8.2023
An immediate burst of criticism from the crypto industry shows the U.S. Treasury Department’s new proposal on how to handle digital assets taxes will face a long road as it enters a months-long period of public comments and hearings

Celsius Token Holders Lose Bid to Hike CEL Valuation

25.8.2023
Creditors of the bankrupt crypto lender argue it should be valued at $0.80, its nominal price when the company collapsed, despite allegations of market manipulation

Bitcoin, Ethereum Technical Analysis: BTC Traders Jittery, as Federal Reserve Symposium in Jackson Hole Is Under Way

25.8.2023
Bitcoin marginally declined during Friday’s session, concurrent with the ongoing Federal Reserve symposium in Jackson Hole. The Chair of the Fed, Jerome Powell will be speaking at the annual meeting, and providing guidance on the upcoming policy decision. Ethereum also consolidated today....

U.S. Crypto Tax Proposal Lets Miners off the Hook, Snares ‘Some’ Decentralized Exchanges

25.8.2023
The U.S. Treasury Department has finally unveiled its definition of a "broker" for the crypto industry, defining how crypto companies and investors will need to meet tax reporting obligations and answering a years-old question over whether decentralized finance platforms and miners will need...