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Sam Bankman-Fried thought 'taking FTX deposits through Alameda was legal': Report
26.10.2023
The former FTX CEO took the stand for the first time in his criminal trial, but without members of the jury present
FTX’s Next Move: Three Bidders in the Running for Relaunch
26.10.2023
Bankrupt crypto exchange FTX’s new management is evaluating proposals from three potential bidders to revive its trading platform, according to a Bloomberg report. The final decision on how to proceed is expected by mid-December, as stated by Kevin M. Cofsky, an investment banker from Perella...
Prosecutors rest their case as Sam Bankman-Fried prepares to testify
26.10.2023
Defense lawyers representing SBF called two witnesses, a Bahamas-based attorney and an expert from a litigation consulting firm, before the former FTX CEO’s testimony
How Google’s AI legal protections can change art and copyright protections
26.10.2023
Amid myriad legal accusations surrounding its AI services, Google stands its ground, vowing to protect its users
Former FTX CEO Sam Bankman-Fried to Give Testimony in Court Today: What Will He Say?
26.10.2023
Sam Bankman-Fried , the disgraced founder of crypto exchange FTX, is set to testify in court today. During a teleconference on Wednesday, Bankman-Fried’s lawyer Mark Cohen confirmed that his client will take the stand on Thursday, according to a report by The Associated Press. It is expected...
FTX probes $6.5M in payments to AI safety group amid clawback crusade
26.10.2023
Bankrupt crypto exchange FTX wants to look into millions it had given to the Center for AI Safety, a nonprofit that has argued AI should be a global priority next to pandemics and nuclear war
Binance Blasts CFTC for Trying to Be World’s Derivatives Police, Seeks to Dismiss Lawsuit
26.10.2023
Binance has submitted a new motion to dismiss the lawsuit filed by the U.S. Commodity Futures Trading Commission (CFTC) against it. The leading cryptocurrency exchange urges the court to reject the agency’s attempt to expand its territorial reach beyond the United States. Binance Accuses CFTC...
Court-ordered NFTs and the importance of Web3 randomness: Nifty Newsletter
25.10.2023
A Singapore court permitted the use of NFTs to attach legal court orders tokenized as an NFT to issue a freeze order
Will Sam Bankman-Fried fix his case when he takes the stand?
25.10.2023
The former FTX CEO will take the stand in his own defense. Will it be enough to counter the narrative introduced by former employees and expert witnesses?
Sam Bankman-Fried will testify at criminal trial, say defense lawyers
25.10.2023
After much speculation, the former FTX CEO will be one of only a handful of witnesses to testify for his defense in the criminal fraud case
Coinbase Challenges SEC's Broad Definition of Securities in New Court Filing
25.10.2023
Coinbase's submission of a "final petition" to the court in its ongoing legal battle with the US Securities and Exchange Commission (SEC) argues tokens don't necessarily represent the definition of an investment contract and that the SEC has overstepped its regulatory bounds....
Read More: Coinbase...
Coinbase disputes SEC’s crypto authority in final bid to toss regulator’s suit
25.10.2023
Coinbase says the SEC’s definition of an investment contract isn’t in line with U.S. securities laws
DeFi Education Fund, Paradigm File Amicus Brief Supporting James Harper’s appeal against IRS
24.10.2023
DeFi Education Fund (DEF), a crypto research and advocacy group, and crypto investment company Paradigm have filed a separate amicus brief supporting James Harper’s lawsuit against the US Internal Revenue Service (IRS).
Paradigm confirmed Friday that the amicus brief urges the Supreme Court...
Bitcoin Prices Climb Over 10% After Federal Court Forces SEC To Reconsider Grayscale ETF Conversion
24.10.2023
Bitcoin prices rose more than 10% today after a federal appeals court forced the U.S. Securities and Exchange Commission to reevaluate its prior decision to reject Grayscale's attempt to convert its bitcoin trust to a spot exchange-traded fund (ETF).
The world's most prominent digital currency...
SEC Ordered to Re-Evaluate Grayscale’s Bitcoin ETF Conversion With Court Mandate
23.10.2023
The U.S. Securities and Exchange Commission (SEC) once again holds the reins when it comes to evaluating Grayscale’s spot bitcoin exchange-traded fund (ETF) application. On October 23, 2023, the U.S. Court of Appeals for the D.C. Circuit delivered a directive, compelling the SEC to take...
US Court issues mandate for Grayscale ruling, paving way for SEC to review spot Bitcoin ETF
23.10.2023
The court decision was expected by many after the SEC did not appeal an Aug. 29 ruling requiring Grayscale's Bitcoin ETF application to be reviewed
Grayscale Court Victory Over SEC in Spot Bitcoin ETF Case Made Final
23.10.2023
The SEC failed to appeal the court's initial ruling in favor of Grayscale
From Effective Altruism to Terms of Service — Pivotal Points in Bankman-Fried’s Court Battle
23.10.2023
Lawyers for former FTX CEO Sam Bankman-Fried have given proposed jury instructions to the court in advance of jury deliberations and his verdict. These instructions clarify the defense’s legal positions and emphasize their client’s right to be presumed innocent until proven guilty....
Ex-General Counsel Sheds Light on FTX’s $7B Gap in Bankman-Fried Fraud Trial
22.10.2023
FTX’s former general counsel Can Sun testified Thursday in federal court that he was shocked to learn FTX founder Sam Bankman-Fried (SBF) had secretly transferred billions in customer funds to his hedge fund Alameda Research. Sun told prosecutors he resigned the day after realizing the scope...
Crypto advocates file amicus brief to address users' Fourth Amendment privacy rights
22.10.2023
The amicus brief was filed to support an appeal against the Internal Revenue Service in relation to a 2017 court order where Coinbase was forced to hand over data from more than 14,300 of its users to the IRS