Judge delays sentencing of IcomTech promoter to allow testimony
Gustavo Rodriguez, who was initially scheduled to be sentenced following his conviction for conspiracy to commit wire fraud, will testify under oath on Oct. 25. Go to Source
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Liminal challenges WazirX’s accusations after $235M security breach
According to Liminal, 75 days after the hack, WazirX still had more than $175 million in its custody despite blaming the custodian for causing the breach. Go to Source
Indicted NYC mayor leaves questionable crypto legacy as controversy mounts
Before his indictment on criminal charges, NYC Mayor Eric Adams promised to turn the city into a major crypto hub. Go to Source
Crypto.com sees ‘strong legal footing’ in crypto rulings against SEC
Previous crypto rulings against the SEC have put Crypto.com on a “strong legal footing” in its lawsuit against the regulator, its chief legal officer Nick Lundgren said. Go to Source
SEC’s Ripple appeal doesn’t challenge XRP non-security status
Ripple’s chief legal officer, Stuart Alderoty, emphasized that the SEC’s Form C doesn’t appeal the ruling that XRP is not a security. Go to Source
Bitcoin price drops under $67K as investors chase profit in stocks
Bitcoin pulled back from its range high as investors moved to greener pastures, but a possible misstep by the SEC could benefit BTC. Go to Source
Nishad Singh asks for time served, claiming ‘limited’ role in FTX crimes
The former FTX engineering director pleaded guilty to fraud and conspiracy charges in February 2023 and will return to court on Oct. 30 for a sentencing hearing. Go to Source
Chainalysis to appear in court over $650M defamation suit
The suit alleges Chainalysis falsely labeled the YieldNodes project a scam. Go to Source
Ripple Fires Back at SEC: Cross-Appeal Seeks to Overturn Unresolved XRP Issues
Ripple has escalated its legal battle with the U.S. Securities and Exchange Commission (SEC), filing a cross-appeal to challenge unresolved issues around XRP sales. This comes after the SEC sought to overturn parts of the rulings that cleared Ripple’s retail XRP transactions from securities violations. Ripple’s latest move aims to ensure the SEC’s arguments on … Read more
Ex-FTX exec scheduled to report to prison after judge denies request
Judge Lewis Kaplan cited prosecutors’ opposition, which noted that Ryan Salame appeared “physically recovered and entirely unimpaired” during a recent Tucker Carlson interview. Go to Source
