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FTX CEO Sam Bankman-Fried's Legal Battle Expands to Lawyers' Involvement


As the trial of Sam Bankman-Fried enters its second week, his lawyers are seeking to question FTX co-founder Gary Wang about his reliance on legal advice regarding loans from Alameda Research.  In a legal filing made late Monday night, Bankman-Fried's defense team requested permission from...

US CFTC Reportedly Considering Enforcement Action Against Former Voyager CEO


U.S. regulators are currently considering taking enforcement action against Stephen Ehrlich, the former CEO of the bankrupt crypto lender Voyager, Bloomberg reported citing sources familiar to the matter.  The U.S. Commodity Futures Trading Commission's (CFTC) Enforcement Division has internally...

Binance CEO CZ Turned Down $40 Million Deal with SBF for Futures Exchange


Binance CEO Changpeng "CZ" Zhao turned down a $40 million offer from former FTX CEO Sam Bankman-Fried in March 2019 to create a cryptocurrency futures exchange.  At the time, Binance was primarily a spot crypto exchange, and the idea of a futures-only platform was a deviation from its existing...

Exclusive: India Will Be Core Hub for Web3 Innovation, Says Gemini APAC CEO


In an exclusive interview with CryptoNews, Gemini APAC CEO and Global Chief Technology Officer (CTO), Pravjit Tiwana, shared insights into the company's strategic vision for India as their core hub for Web3 innovation.  Tiwana believes that India will play a pivotal role in leading web3 innovation...

Former Celsius CEO Alex Mashinsky's Criminal Trial Set for September 2024


Former Celsius Network CEO Alex Mashinsky is set to face a criminal trial beginning on September 17, 2024. The trial schedule was confirmed during an October 3 hearing held in the United States District Court for the Southern District of New York, presided over by Judge John Koeltl.  In...

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