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Do Kwon and Terraform Labs ask judge to toss SEC’s lawsuit
31.10.2023
Do Kwon, the co-founder now-collapsed Terraform ecosystem maintains he and his firm did not skirt U.S. securities laws
SBF Admits Alameda had “Special Privileges” on FTX, Closes out Second Day of Testimony
30.10.2023
FTX founder Sam Bankman-Fried finished out his second day of testimony in his landmark fraud case this afternoon in Manhattan federal court. With U.S. Assistant Attorney Danielle Sassoon leading the cross-examination,Bankman-Fried gave mostly curt answers while often denying recalling specific...
SBF Testifies: “F-ck Regulators”
30.10.2023
Sam Bankman-Fried continued his testimony while fielding grilling questions from the prosecution in Manhattan federal court on Monday morning.  The defense finished their direct examination of Bankman-Fried earlier this morning, prompting Bankman-Fried to begin his cross-examination conducted...
Do Kwon's Terraform Labs Seeks Early Court Rejection of U.S. SEC Case
30.10.2023
Terraform Labs and its co-founder, Do Kwon, are asking a federal judge to side with them in the U.S. Securities and Exchange Commission (SEC) fraud case, arguing that the regulator hasn't managed to prove the crypto company was offering securities
El Salvador pro-Bitcoin president Nayib Bukele launches re-election bid
30.10.2023
Despite Bukele’s popularity, some critics argue he isn’t eligible to be re-elected under El Salvador’s constitution
Gemini Seeks Control of $1.6 Billion Grayscale Shares in Lawsuit
28.10.2023
Crypto exchange Gemini has initiated a lawsuit against digital asset lender Genesis in an attempt to gain control over $1.6 billion worth of Grayscale Bitcoin Trust shares. The lawsuit, filed on Friday in the U.S. Bankruptcy Court Southern District of New York, aims to recover the shares to repay...
Bankman-Fried Continues Testimony: “I didn’t want to be known as the Kansas City Royals of Crypto Exchanges”
28.10.2023
Sam Bankman-Fried, founder of the now-defunct crypto exchange FTX, continued his testimony in Manhattan federal court Friday afternoon. Bankman-Fried’s public image Bankman-Fried pushed back on former Alameda Research CEO Caroline Ellison’s claims that his now infamous unkempt hair...
Lawyer questions Sam Bankman-Fried on his political donations at trial
27.10.2023
The former FTX CEO reportedly said the donations made in his name came from “loans from Alameda Research” as part of efforts to influence U.S. regulations on crypto
Kraken to Release User Data to IRS in Compliance with June Court Mandate
27.10.2023
Kraken will provide user data to the IRS after a legal battle over crypto tax reporting. Image by Michael O’Keene, Adobe Stock.Major U.S. cryptocurrency exchange Kraken will provide limited user information to the Internal Revenue Service (IRS) next month following a court order received...
Sam Bankman-Fried denies defrauding FTX users at trial
27.10.2023
As the final witness in his defense case, the former FTX CEO placed some of the blame for the crypto exchange’s failure on Gary Wang and Nishad Singh
Jury hears Sam Bankman-Fried’s testimony: ‘A lot of people got hurt’
27.10.2023
The former FTX CEO returned to the witness to present his testimony to a jury of 12 people as the criminal trial begins to reach its final stages
Craig Wright Wins U.S. Appeal in Billion-Dollar Bitcoin Dispute
27.10.2023
A Florida jury was right to say the self-proclaimed inventor of cryptocurrency wasn't in partnership with David Kleiman when they mined bitcoin together, an appeals court ruled
SEC Chair Gensler Keeps Quiet on Bitcoin ETF Plans After Grayscale Ruling – Here’s the Latest
26.10.2023
Despite tremendous pressure to approve a spot Bitcoin ETF for trading on public markets, Securities and Exchange Commission (SEC) chairman Gary Gensler refuses to discuss his agency’s next steps. On Monday, the SEC received an order from the Court of Appeals to review Grayscale’s...
Sam Bankman-Fried denies knowledge of moving FTX deposits to North Dimension: Report
26.10.2023
Assistant U.S. Attorney Danielle Sassoon grilled the former FTX CEO in court on his knowledge of FTX user deposits and the retention of communication records
SBF grilled in court on deleted messages during testimony
26.10.2023
The disgraced crypto executive claimed that he merely acted on various lapses in the company's data retention policy
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...