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Prosecutors Push 5-7 Year Sentence For FTX Exec Ryan Salame


U.S. prosecutors are pushing for a 5 - 7 year sentence for former FTX executive Ryan Salame on charges stemming from his time at Sam Bankman-Fried’s doomed crypto exchange, a new court filing reveals. Salame is the first executive of the exchange outside of Sam Bankman-Fried to be formally...

U.S. Supreme Court Loss for Coinbase Leaves Company with Mixed Record


The U.S. Supreme Court ruled against Coinbase Inc. (COIN) in its dispute over which legal agreement should hold sway when parties are under two distinct contracts and the first of them calls for arbitration, finding the company's case was "unpersuasive" and that the courts need to work those...

Nigerian Court Adjourns Binance Tax Evasion Trial to June 14


The Federal High Court in Abuja has adjourned the tax evasion case against Binance Holdings Limited and its executive, Tigran Gambaryan, till June 14 due to Gambaryan's absence. The post Nigerian Court Adjourns Binance Tax Evasion Trial to June 14 appeared first on Cryptonews

Florida Court Grants Relief to Binance.US, Suspension Overturned


A state appeals court ruled Wednesday that Florida regulators acted improperly when they blocked Binance from operating in the state. The decision effectively means Binance can now resume operations there. The post Florida Court Grants Relief to Binance.US, Suspension Overturned appeared first...

Craig Wright Lied To Court: UK Judge Reveals


An Australian computer scientist named Craig Wright, who has frequently claimed to be the anonymous creator of Bitcoin, Satoshi Nakamoto, was found not guilty by a UK High Court judge on May 20. The post Craig Wright Lied To Court: UK Judge Reveals appeared first on Cryptonews

Russian Court Jails Finiko Crypto Scam Exec for Three Years


A Russian court has sent a Finiko executive to prison for three years, after finding her guilty of helping to mastermind the biggest crypto scam in “post-Soviet history.” The post Russian Court Jails Finiko Crypto Scam Exec for Three Years appeared first on Cryptonews

Court Approves Crypto Lender Genesis’ $3 Billion Payout to Customers


Crypto lender Genesis Global obtained court approval Friday to return approximately $3 billion to its customers as part of its bankruptcy liquidation. U.S. Bankruptcy Judge Sean Lane approved Genesis’ Chapter 11 plan, overruling an objection from its equity owner, Digital Currency Group...

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