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‘Visibly Shaking’ FTX Co-Founder Hammers out a ‘Wasted Day’ in Court as Bahamian, US Legal Team Prep for Extradition
20.12.2022
FTX co-founder Sam Bankman-Fried (SBF) had a difficult day in court on Monday according to a number of accounts that said SBF’s local attorney seemed to be in conflict with his U.S. legal team. Furthermore, courtroom reports noted that SBF dozed off for an extended period of time and had to...
Today in Crypto: Israel to Seize All Crypto in 150 Wallets, Nigeria to Recognize Crypto Usage, OneCoin Co-founder Pleads Guilty
19.12.2022
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: Israel to Seize All Crypto in 150 Wallets, Nigeria to Recognize Crypto Usage, OneCoin Co-founder Pleads...
Nigeria set to pass bill recognizing Bitcoin and cryptocurrencies
19.12.2022
The slated law comes as Nigeria's eNaira has only managed to obtain a 0.5% adoption rate 12 months after its launch in Oct. 2021
FTX liquidators’ legal team urges cooperation with Bahamian authorities amid favoritism allegations
16.12.2022
According to lawyers representing FTX's provisional liquidators, allegations that Bahamian officials were giving residents preferential treatment were “wholly without merit”
Today in Crypto: MoneyGram Partners with Stellar Development Foundation, First Two ETFs Launched in Hong Kong, FTX Wants to Sell Four Subsidiaries
16.12.2022
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: MoneyGram Partners with Stellar Development Foundation, First Two ETFs Launched in Hong Kong, FTX Wants...
Sam Bankman-Fried Makes New Bid for Bail Following Denial of First Request – Here’s the Latest
16.12.2022
The FTX/Sam Bankman-Fried saga continues: the exchange founder submitted another bail request, just two days after his first one was denied, according to two news outlets.
Bankman-Fried, the former CEO of the colossal failure that ended up being the FTX exchange, made a bail application before...
SBF's legal battle still has "a lot to play out," according to legal commentators
15.12.2022
Sam Bankman-Fried faces eight accusations and could get 115 years in jail, but a final sentence could take months or even years
Today in Crypto: Tether to Reduce Secured Loans in Reserves to Zero, Compound DAO Sued, Australia Modernizing Its Financial System
14.12.2022
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: Tether to Reduce Secured Loans in Reserves to Zero, Compound DAO Sued, Australia Modernizing Its Financial...
SBF to Remain in a Bahamian Jail for 2 Months, Report Claims FTX Execs Had a Covert Chat Channel Called ‘Wirefraud’
14.12.2022
On Tuesday, the former CEO of FTX, Sam Bankman-Fried (SBF), appeared in court with his newly appointed lawyer Mark Cohen, and his legal team asked the Bahamian judge Joyann Ferguson-Pratt to release SBF on bail with an ankle bracelet. Amid the lengthy court hearing reports detail that SBF’s parents...
Today in Crypto: Binance Introduces 'Pay', Law Firm Announces Lawsuits Against Yuga Labs (and Kevin Hart, Justin Bieber, Serena Williams...)
13.12.2022
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: Binance Introduces 'Pay', Law Firm Announces Lawsuits Against Yuga Labs (and Kevin Hart, Justin Bieber...
Today in Crypto: Alameda Research Ex-CEO Hires a Former SEC Chief to Defend Her, 63 Arrested in Crypto Money Laundering Case, KuCoin's and ByBit's Proofs of Reserves
12.12.2022
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: Alameda Research Ex-CEO Hires a Former SEC Chief to Defend Her, 63 Arrested in Crypto Money Laundering...
Bank of Russia Backs Crypto Mining Bill But Insists Minted Coins Should Be Exported
10.12.2022
The monetary authority in Moscow has expressed support for the latest legislative attempt to legalize cryptocurrency mining. However, the regulator wants the extracted digital currency to be sold outside the country or only under special legal regimes in Russia, as an exception. Russia’s Central...
Today in Crypto: PayPal to Expand its Crypto Service to Luxembourg, ByBit Integrates ApeX Pro DEX, Nomad Preparing Relaunch
8.12.2022
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: PayPal to Expand its Crypto Service to Luxembourg, ByBit Integrates ApeX Pro DEX, Nomad Preparing Relaunch
Nintendo Nukes Documentary On Canceled Zelda Tactics From YouTube
8.12.2022
In October, gaming history YouTube channel DidYouKnowGaming reported on a failed 2004 pitch for a Zelda tactics game on the Nintendo DS called Heroes of Hyrule. Two months later, the Mario maker has now used a copyright strike to erase the video from the internet. The channel, which has made...
Judge Orders Bankrupt Crypto Lender Celsius to Return $50 Million to Customers – Here’s What Happened
8.12.2022
A US judge in the Celsius Networks bankruptcy case ordered the lender to return crypto worth $50 million to users of custody accounts (only), Bloomberg reported.
Judge Martin Glenn delivered the order verbally in a hearing on Wednesday. Per the report, this cryptocurrency “never touched...
South Korean Gaming Giant WeMade Loses Legal Struggle Against WEMIX Delisting
8.12.2022
The South Korean gaming firm WeMade has lost its legal battle against the nation’s biggest crypto exchanges – who have decided to delist its wemix coin (WEMIX).
WEMIX was issued with an “investment warning” in October by the Digital Asset Exchange Association (DAXA). The DAXA is a group that...
Court in China Determines That NFTs Represent Virtual Property and Are Protected by Law
7.12.2022
Though a court in China ruled against the claims made by a non-fungible token (NFT) buyer, it found that these tokens are virtual property protected by law.
The ruling was reached by a court in the city of Hangzhou, the capital of the Chinese province of Zhejiang, in a case that involved...
Central bank plans to make CBDC 'only legal digital tender' in Indonesia, says gov
5.12.2022
“Collaboration and synergy on national and international level is critical to the development of Digital Rupiah,” said Perry Warjiyo
The Crypto 6 Case Heads to Trial With Only 1 Defendant Left, Prosecutor’s So-Called ‘Expert’ Excluded
4.12.2022
On Dec. 6, 2022, the “Crypto Six” case will be heading to trial, and out of all six defendants, only Ian Freeman, co-host of the radio broadcast Free Talk Live, has not accepted a plea bargain. According to the most recent hearing, Freeman’s legal counsel filed a Daubert motion, which aims...
EU Parliament to ‘Vote on Adopting the Regulation on MiCA’ — Expert Says Industry Needs Legal Clarity
3.12.2022
In a recent statement, the European Parliament said its members would shortly “vote on adopting the regulation on markets in crypto-assets (MiCA).” According to the parliamentary body’s think tank, the envisaged regulations are expected to provide “legal certainty...