Behind bars: 6 crypto execs who did time and one who got away…
These crypto leaders had it all, but that couldn’t stop them from going to jail. Go to Source
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Ripple lawyer slams SEC use of ‘crypto asset security’
Ripple’s chief legal officer Stuart Alderoty says the term is “fabricated” with no legal basis. Go to Source
Coinbase Legal Chief Criticizes SEC’s Vague Position on FTX Plan — Says Investors Deserve ‘Way Better’
Coinbase’s chief legal officer has criticized the U.S. Securities and Exchange Commission (SEC) for its ambiguous position regarding FTX’s proposal to repay creditors using stablecoins or other cryptocurrencies. Although the SEC did not explicitly deem these transactions illegal, it retained the right to contest them, leading to frustration within the crypto community. This uncertainty has … Read more
SEC Warns FTX Over Legality of Crypto Asset Distribution in Chapter 11 Plan
The U.S. Securities and Exchange Commission (SEC) has raised concerns over FTX’s plan to pay back claims using its “crypto asset securities.” The SEC’s Senior Trial Counsel, Therese Scheuer, has reserved the right to challenge these transactions under federal securities laws. FTX’s Crypto Repayment Plan Faces Potential SEC Challenge The FTX bankruptcy saga is moving … Read more
SEC says it could challenge FTX crypto repayment plan
The regulator said that while stablecoin-denominated creditor repayments may not be illegal, it “reserves its rights” to challenge transactions involving crypto assets. Go to Source
Judge orders ex-FTX exec to appear after request to vacate guilty plea
Despite withdrawing a petition to void his guilty plea, Ryan Salame must appear in a New York courtroom on Sept. 12 as scheduled. Go to Source
Justin Sun taunts SUN token bears after 240% rally. SBF déjà vu?
The X post draws immediate similarities to a previous post of FTX’s Sam-Bankman Fried, back when the Solana token was trading at just $3. Go to Source
9 months after SBF conviction, Peter Singer defends effective altruism in debate
According to the prominent voice for effective altruism, Sam Bankman-Fried’s version of the philosophy was only one among many. Go to Source
Ex-FTX exec scraps vacating guilty plea, refers matter to partner’s case
Former FTX Digital Markets co-CEO Ryan Salame pleaded guilty to two felony charges in September 2023 and was sentenced to 90 months in prison in May 2024. Go to Source
In prison and awaiting sentencing — Where are the FTX execs now?
Sam Bankman-Fried faces 25 years behind bars, while the fate of four others indicted in the case has largely yet to be determined. Go to Source