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Prosecutors in the financial fraud case against former FTX CEO Sam Bankman-Fried (SBF) are attempting to persuade the judge to restrict his use of electronic devices. It has been revealed that SBF used a virtual private network (VPN) to watch the Super Bowl through a foreign subscription service he had purchased before his arrest. Prosecutors, … Read more
The U.S. Securities and Exchange Commission may be focused on custodial staking programs today, but does it also have proof-of-stake blockchain networks in its sights? Go to Source Powered by WPeMatico
The judge presiding over the FTX bankruptcy case has denied the U.S. Trustee’s request to appoint an independent examiner for the ongoing proceedings. The decision comes after judge John Dorsey postponed the ruling last week, citing concerns that the examiner could cost creditors tens of millions of dollars. The U.S. Trustee’s Argument for an Independent … Read more
After debuting a Bitcoin Embassy in Switzerland’s city of Lugano, El Salvador continues expanding its BTC strategy with a new partnership with Texas. Go to Source Powered by WPeMatico
Ukrainian authorities are speeding up the development of the electronic hryvnia, a high-ranking government official indicated. The executive power in Kyiv is now in talks with the central bank and businesses involved in the project to pilot the digital currency as early as this year. Minister Says Ukraine Aims to Launch Digital Hryvnia Sooner Than … Read more
The Binance CEO claimed that algorithmic USD stablecoins may become more popular as well, although they “have risks.” Go to Source Powered by WPeMatico
The company said the funds will be used to expand Taurus’ new offices in Europe, the UAE, and later in the Americas and Southeast Asia. Go to Source Powered by WPeMatico
Banks are allegedly being discouraged from offering services to the crypto industry by United States authorities. Go to Source Powered by WPeMatico
Lewis Cohen headed a team researching Howey-related case law to propose an application that differentiates between primary and secondary transactions. Go to Source Powered by WPeMatico
Linda Jeng will appear as a witness alongside law professor Yesha Yadav and Duke Financial Economics Center policy director Lee Reiners. Go to Source Powered by WPeMatico