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John E. Deaton believes the unequal treatment raises concerns about the regulatory body’s effectiveness and fairness, as well as the overall framework for digital assets. Go to Source Powered by WPeMatico
The letter revealed that on January 15, 2023, the defendant reached out to the current General Counsel of FTX U.S., who could potentially serve as a witness in the trial. Go to Source Powered by WPeMatico
The US SEC contends that Eeon has a history of repeatedly representing themselves in court cases, but their claims have consistently been unsuccessful in federal courts. Go to Source Powered by WPeMatico
BaFin reportedly advised Binance that CEO Changpeng Zhao wouldn’t pass a “fit and proper” test as part of the financial watchdog’s licensing regime. Go to Source Powered by WPeMatico
They pointed out that the CFTC is attempting to regulate foreign individuals and corporations operating outside the United States, going beyond the limits of its statutory jurisdiction. Go to Source Powered by WPeMatico
The announcement followed crypto exchange Binance receiving similar permission from the Abu Dhabi regulator in November 2022. Go to Source Powered by WPeMatico
John Deaton elaborated on the possible scenarios and intricacies of enforcing the summary judgment. Go to Source Powered by WPeMatico
The company cited that it will cease operations of its exchange services as part of the shareholders’ decision to restructure the business to focus on Cashlink. Go to Source Powered by WPeMatico
The House Agriculture and Financial Services Committees have been working together all year on a bill to rival Lummis and Gillibrand’s RFIA. Go to Source Powered by WPeMatico
The money was intended to add to Bankman-Fried’s political influence and goodwill and did not benefit FTX or Alameda Research. Go to Source Powered by WPeMatico
