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FTX Founder Sam Bankman-Fried's Bail Request Rejected Ahead of Trial
22.9.2023
A US court has denied Sam Bankman-Fried's request for release on bail before his trial, which is scheduled to begin next month.
On Thursday, an appeals court upheld the decision to keep the disgraced founder of FTX locked up ahead of his trial.
"We reject [Bankman-Fried's] contention that...
Lawyer Who Laundered Onecoin Money Denied New Trial
20.9.2023
A judge in the U.S. has rejected a request by a lawyer who laundered $400 million from the Onecoin crypto pyramid to have a new trial. The ruling clears the path for sentencing 54-year-old Mark Scott despite a key prosecution witness admittedly lying in court. Judge Not Convinced in Onecoin...
SEC Denied Immediate Access to Binance US Infrastructure
19.9.2023
In a setback for the government, a federal judge rejected a request by the U.S. securities regulator to inspect the technological infrastructure of Binance US. The U.S. Securities and Exchange Commission (SEC) accuses the American subsidiary of the leading crypto exchange of non-cooperation with...
SEC sees temporary setback in request to access Binance.US software
19.9.2023
A federal magistrate judge has denied the SEC's request to gain immediate access to Binance.US's software, asking the regulator to provide more specific requests for discovery
Breaking: Court Approves FTX’s Request to Liquidate Crypto Assets – Which Coins Will Be Impacted?
13.9.2023
In a major development today, FTX has received judicial approval to liquidate its cryptocurrency assets to repay its creditors.
The permission came from the U.S. Bankruptcy Court for the District of Delaware. This move enables FTX, which is undergoing bankruptcy proceedings, to not only sell...
Solana Price Prediction as SOL Dips Following Court Approves FTX’s Request to Liquidate Crypto Holdings
13.9.2023
Solana (SOL), the cryptocurrency that powers the layer-1 smart-contract-enabled Solana blockchain, has dipped around 2% in the last half an hour, and was last trading around $18.10, down close to 2.5% from earlier session highs in the $18.50s.
Weighing on SOL was the news that a court presiding...
Bankman-Fried's request for temporary release denied amid upcoming trial
12.9.2023
Lack of internet access and time pressures were insufficient grounds to grant Bankman-Fried's temporary release, according to Judge Kaplan
Binance Says SEC’s Request for Depositions is ‘Overbroad’ and 'Unduly Burdensome'
12.9.2023
Binance says the SEC has no evidence to support its allegations that imply investor assets have been wrongfully diverted
Sam Bankman-Fried's lawyers request pre-trial release citing poor internet connection
11.9.2023
Former FTX CEO Sam Bankman-Fried's bail was revoked on Aug. 11 after he was found to be trying to contact witnesses in the case and malign witness credibility
Lido assures LDO, stETH tokens remain safe despite flaw in token contract
11.9.2023
The “fake deposit” attack enables bad actors to execute a transfer where the requested value is larger than what the user actually owns
IMF and FSB Release ‘Policies for Crypto Assets’ at G20 Request
9.9.2023
The International Monetary Fund (IMF) and the Financial Stability Board (FSB) have published their synthesis paper titled “Policies for Crypto Assets,” which was developed at the request of the Indian G20 Presidency. The global organizations “have set out a roadmap to ensure effective...
Blockchain Association responds to US lawmakers’ request for crypto tax guidance
8.9.2023
Lawmakers with the U.S. Senate Financial Services Committee announced in July they would be accepting suggestions on how to tax crypto until Sept. 8
Appellate judge denies Sam Bankman-Fried's request for immediate release from jail
6.9.2023
The motion from Sam Bankman-Fried's lawyers will now go to a three-judge panel, with less than four weeks before the former FTX CEO's criminal trial is set to begin in New York
Lido DAO Receives Request for $1.5 Million Funding to Expand Solana Liquid Staking
6.9.2023
A group known as the P2P team has requested $1.5 million in funding from the popular staking provider Lido DAO to further develop Lido’s staking service for the Solana (SOL) network.
The request from the P2P team was published as a proposal on Lido DAO’s governance forum, with the team saying...
DOJ Claims Sam Bankman-Fried Has Sufficient Access to Laptop in Response to Jail Release Request
6.9.2023
The US Department of Justice (DOJ) has claimed that Sam Bankman-Fried, the disgraced founder of now-defunct crypto exchange FTX, has sufficient access to a laptop computer for his defense.
According to a letter submitted by the DOJ on Tuesday, Bankman-Fried has access to a laptop functioning in...
Ripple Files Opposition to SEC’s Motion to Certify Interlocutory Appeal of XRP Ruling
3.9.2023
Ripple Labs has filed its opposition to the U.S. Securities and Exchange Commission’s request for Judge Analisa Torres to certify an interlocutory appeal of her ruling regarding XRP. The crypto firm has argued that “the exceptional circumstances required for interlocutory appeal...
Judge says Sam Bankman-Fried's lawyers have until Sept. 1 to request a trial postponement: Report
30.8.2023
Though the judge reportedly said he would not necessarily grant a postponement, SBF's lawyers have been pushing for the former FTX CEO to have more time to prepare his defense
Judge denies stakeholders request for representation in Celsius bankruptcy case
25.8.2023
The judge also declined to declare CEL token “not a security,” despite related rulings in the SEC vs Ripple case
Coin Center responds to US lawmakers' request for crypto tax guidance
21.8.2023
Among the crypto advocacy group's suggestions included a De Minimis exemption for crypto transactions and having the IRS provide guidance on block rewards, airdrops, and hard forks
Bankman-Fried Wants to See His Lawyers Outside Jail Five Days a Week
20.8.2023
FTX founder Sam Bankman-Fried (SBF) is asking to be released from jail five days a week to work on his defense for the fraud trial against him set to begin in October. On Friday, Bankman-Fried’s lawyers complained to a judge in Manhattan that the currently proposed preparation time and regime...