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FDIC Releases Redacted Operation Choke Point 2.0 Letters


The letters serve as a damning indictment of the government’s alleged anti-crypto policies. How the FDIC Secretly Stifled Banks’ Crypto-Related Activities The Federal Deposit Insurance Corporation (FDIC), an entity originally formed to restore trust in the American banking system, on Friday...

Japanese Regulator Issues Warning Letters to 5 Unregistered Crypto Exchanges


Japan’s financial regulator, the FSA, has cracked down on five unregistered cryptocurrency exchanges targeting Japanese residents. Users of 5 Exchanges May Lack Asset Protection The Financial Services Agency (FSA), Japan’s financial regulator, announced Nov. 29 that it has issued warning...

CZ Sentencing Letters Paint Former Binance CEO as Devoted Family Man, Friend


More than 160 of Changpeng “CZ” Zhao’s loved ones, friends and colleagues have written to a Washington judge ahead of the Binance founder and former CEO’s sentencing tomorrow, asking for leniency and painting a picture of Zhao as a devoted father and friend, and a “geeky” tech nerd who shuns luxury...

FTX Users Seek Return of Crypto Assets, Not Dollars


In a collection of letters, FTX users around the globe have asked for their coins instead of being reimbursed. The post FTX Users Seek Return of Crypto Assets, Not Dollars appeared first on Cryptonews

SBF’s Family Write Individual Letters To Judge Asking for Lenient Sentence


Family members of former FTX chief Sam Bankman-Fried submitted letters to the federal judge ahead of his sentencing. Barbara Fried, Joseph Bankman, and Gabriel Bankman-Fried all requested leniency, emphasizing SBF's good intentions, charitable efforts, and social difficulties. The post SBF’s...

Hong Kong Regulator Warns of 2 Entities Suspected of Crypto Frauds


Hong Kong’s financial regulator has warned the public about two entities suspected of crypto frauds. In addition to issuing cease and desist letters to relevant website operators requesting them to cease offering crypto tokens for purchases, the regulator advises the public to “be...

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