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600 Russians to Trial CBDC Next Week – Digital Ruble Pilot Begins
10.8.2023
The Russian digital ruble pilot proper will begin next week, says the country’s Central Bank, with 600 citizens set to become the first people in the nation to use the CBDC.
The bank said that the first transactions with the CBDC would be conducted on August 15, and that the pilot would initially...
Federal judge suggests Q2 2024 trial for SEC case against Ripple execs
9.8.2023
Aiming for a jury trial to start between April 1 and June 30, 2024, Judge Analisa Torres laid out deadlines for the SEC and Ripple defense lawyers to submit certain motions
FTX’s Sam Bankman-Fried to Face Campaign Finance Charge, Prosecutors Say
9.8.2023
Founder of failed crypto exchange FTX, Sam Bankman-Fried, will be held accountable for alleged campaign finance violations, U.S. prosecutors indicated on Tuesday. The charge was dropped earlier because the extradition treaty with the Bahamas prevents adding further charges without prior permission...
Prosecutors will still consider Sam Bankman-Fried's alleged campaign finance scheme at trial
8.8.2023
Rather than reinstating a count on campaign finance violations to SBF’s indictment, the Justice Department said it will consider the evidence as part of a wire fraud charge
Sam Bankman-Fried Will Still Face Campaign Finance-Related Charge, DOJ Says
8.8.2023
The U.S. Department of Justice still plans to argue that Sam Bankman-Fried conducted an "illegal campaign finance" scheme when it goes to trial in October, prosecutors said Tuesday, two weeks after saying they couldn't bring a campaign finance charge against the FTX founder due to treaty obligations
DOJ Demands Revocation of Bankman-Fried’s Bail, Wants Him Confined in Metropolitan Detention Center for Trial
4.8.2023
After accusations against the disgraced FTX co-founder, Sam Bankman-Fried, for allegedly meddling with a witness by providing the New York Times with excerpts from former Alameda Research CEO Caroline Ellison’s private journal, the legal team representing Bankman-Fried countered by insisting...
Sam Bankman-Fried Faces Jail as DOJ Pushes for Incarceration
4.8.2023
FTX founder Sam Bankman-Fried's defense isn't denying that he shared former Alameda Research CEO Caroline Ellison's diary with the New York Times, and so he should be "detained pending trial," the U.S. Department of Justice said again in a filing late Thursday
Sam Bankman-Fried Seeks to Avoid Jail, Denies Witness Tampering in FTX Case
3.8.2023
Founder of bankrupt crypto exchange FTX, Sam Bankman-Fried (SBF), has sought to avoid being jailed, denying prosecutors’ accusations of witness tampering that followed an interview he gave for the New York Times. The indicted crypto mogul also argued that revoking his bond would violate his right...
Is Sam Bankman-Fried Going to Jail?
3.8.2023
Federal prosecutors said they were “seeking detention” for Sam Bankman-Fried, asking a judge to revoke his bond after he shared documents with the New York Times that they allege were meant to harass a fellow executive from the FTX empire and potentially influence her testimony
U.S. DOJ Has 'Extremely Thin' Basis for Jailing FTX's Bankman-Fried Ahead of Trial: Defense
2.8.2023
Attorneys for Sam Bankman-Fried pushed back against the U.S. Department of Justice's motion to remand the FTX founder in a court filing Tuesday
6 Things We Just Learned About Final Fantasy XIV And Its Upcoming Expansion
31.7.2023
Ten years in, Final Fantasy XIV is setting sail for new horizons. Square Enix has revealed a bunch of new information about what’s next for the blockbuster MMO, including new job classes, platforms, and an expansion called Dawntrail. The new story campaign planned for 2024 will see players travel...
SEC Files Lawsuit Against Richard Heart and Companies Hex, Pulsechain, and Pulsex
31.7.2023
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit Friday against Richard Schueler, known as Richard Heart, and his companies Hex, Pulsechain, and Pulsex, alleging they raised more than $1 billion through unregistered securities offerings. SEC Lawsuit Accuses Richard Heart of Running...
DOJ Files Submission to Jail Sam Bankman-Fried Before Trial Over Witness Tampering
29.7.2023
The Department of Justice (DOJ) has requested a US Judge to revoke FTX founder Sam Bankman-Fried's bond and jail him before his scheduled trial in October.
In a written submission to a federal judge Friday, the DOJ alleged that Bankman-Fried has engaged in repeated attempts to influence witness...
Sam Bankman-Fried's Attempts to Influence Witnesses Show He Must Be Jailed Before Trial: DOJ
28.7.2023
Sam Bankman-Fried's repeated efforts to contact witnesses and influence their testimony shows that "no combination of conditions will reasonably assure the safety of the community," prosecutors said in a written filing calling for his bond to be revoked
DOJ Drops Campaign Finance Charge Against Sam Bankman-Fried Due to Treaty Obligations with The Bahamas
28.7.2023
On July 26, the Department of Justice (DOJ) informed federal judge Lewis A. Kaplan that they "do not intend to proceed" with a campaign finance charge against FTX founder Sam Bankman-Fried.
This decision came after consulting with The Bahamas regarding the campaign finance charges mentioned...
A ‘Two-Tiered Justice System’ — Public Reacts to DOJ Dropping Campaign Finance Charges Against FTX Co-Founder
27.7.2023
In a court filing released Wednesday, the U.S. Department of Justice dropped campaign finance charges against disgraced FTX co-founder Sam Bankman-Fried. Prosecutors said the charges were dropped in accordance with U.S. treaty obligations to the Bahamas. Sam Bankman-Fried Cleared of Campaign...
FTX Founder Sam Bankman-Fried Faces Tightened Bail Conditions and Possible Jail in Trial
27.7.2023
Sam Bankman-Fried, the founder of now-defunct cryptocurrency exchange FTX, is facing tightened bail conditions and the possibility of jail time as he awaits trial over the collapse of his exchange.
At a recent hearing, US District Judge Lewis Kaplan imposed a "gag order" on Bankman-Fried...
Prosecutors Want Sam Bankman-Fried Jailed Ahead of Trial
27.7.2023
U.S. prosecutors have asked a federal judge to put crypto exchange FTX founder Sam Bankman-Fried in jail over alleged witness tampering before his trial starts in October. While requiring the prosecution to formalize the request and giving the defense enough time to make its case, the judge issued...
XRP Price Prediction as Pacific Island of Palau Begins to Trial Stablecoin Built on XRP Ledger – Adoption on the Rise?
27.7.2023
The XRP price has risen by 2% in the past 24 hours, rising to $0.716275 after the Federal Reserve raised its base rate by 0.25% yesterday.
Despite rate hikes usually having a negative effect on financial markets, investors seem to regard yesterday's move as one of the last the Federal Reserve will...
Pacific Island Group of Palau Starts Stablecoin Trial on XRP Ledger
26.7.2023
The country has been distributing PSC (Palau stablecoin) for three weeks and the test will run through August