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Today in Crypto: Bank of Russia Reveals Official CBDC Logo, Revolut Shuts Down Crypto Platform for its US Customers, US DoJ Asks Sam Bankman-Fried's 'Bail be Revoked and Defendant be Detained'


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Bank of Russia Reveals Official CBDC Logo, Revolut Shuts Down Crypto Platform for its US Customers, US...

Sam Bankman-Fried Faces Jail as DOJ Pushes for Incarceration


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

FTX Seeks to Exclude Dubai Subsidiary From Ongoing Bankruptcy


FTX Trading Ltd. filed a motion on Tuesday to dismiss its Dubai-based subsidiary, FTX Exchange FZE, from ongoing bankruptcy proceedings, citing the unit’s lack of operations and assets. Dubai’s FTX Exchange Faces Voluntary Liquidation After Motion to Dismiss From Parent Company In...

Hideo Kojima Says Death Stranding 2 Will Redefine 'Strand'


In a recent interview with Japanese publication Music Natalie, Death Stranding director Hideo Kojima revealed that his upcoming sequel, Death Stranding 2, will revisit the meaning of the word “strand” because of the covid pandemic. Read more

WorldCoin to Open its ID System for Government and Private Companies: Report


Sam Altman co-founded tech firm WorldCoin is extending its reach by enabling governments and private businesses to leverage its controversial iris-scanning and identity-verification technology, Reuters reported.  WorldCoin continues to attract regulatory scrutiny for its tech that is being used...

Kenyan Government Says It Has ‘Suspended’ Worldcoin Activities


The Kenyan interior ministry said on Aug.2 that Worldcoin’s activities in the country have been “suspended” in order to give government agencies an opportunity to assess the cryptocurrency project’s potential risks to public safety. The country’s interior minister...

Sam Bankman-Fried Seeks to Avoid Jail, Denies Witness Tampering in FTX Case


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?


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

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