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hearing – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Wed, 16 Oct 2024 06:25:23 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png hearing – DIGIT INFO https://www.digit.info 32 32 Warren, Deaton spar over crypto in first debate for US Senate seat https://www.digit.info/warren-deaton-spar-over-crypto-in-first-debate-for-us-senate-seat/ Wed, 16 Oct 2024 06:25:23 +0000 https://www.digit.info/warren-deaton-spar-over-crypto-in-first-debate-for-us-senate-seat/

John Deaton, a Republican candidate for Massachusetts’ US Senate seat, slammed incumbent Senator Elizabeth Warren for building an “anti-crypto army” in their first debate.

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House Republicans urge SEC to rescind ‘disastrous’ SAB 121 https://www.digit.info/house-republicans-urge-sec-to-rescind-disastrous-sab-121/ Mon, 23 Sep 2024 23:19:41 +0000 https://www.digit.info/house-republicans-urge-sec-to-rescind-disastrous-sab-121/

The House and Senate Republicans claimed the SEC evaded the notice and comment rulemaking process required by the Administrative Procedure Act by issuing SAB 121.

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5 lowlights of Gary Gensler’s evasive testimony before Congress https://www.digit.info/5-lowlights-of-gary-genslers-evasive-testimony-before-congress/ Thu, 28 Sep 2023 05:26:14 +0000 https://www.digit.info/2023/09/28/5-lowlights-of-gary-genslers-evasive-testimony-before-congress/

The United States Securities and Exchange Commission chief was asked whether the purchase of Pokemon trading cards is a security transaction and whether Bitcoin is a commodity.

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Ronaldinho denies part in alleged $61M crypto scam at congressional hearing https://www.digit.info/ronaldinho-denies-part-in-alleged-61m-crypto-scam-at-congressional-hearing/ Fri, 01 Sep 2023 03:44:00 +0000 https://www.digit.info/2023/09/01/ronaldinho-denies-part-in-alleged-61m-crypto-scam-at-congressional-hearing/

The former pro soccer player said in a congressional hearing that his likeness was improperly used to market an allegedly fraudulent crypto scheme.

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‘Who the hell’ is Prometheum and what did it say to Congress about SEC compliance? https://www.digit.info/who-the-hell-is-prometheum-and-what-did-it-say-to-congress-about-sec-compliance/ Thu, 15 Jun 2023 05:05:05 +0000 https://www.digit.info/2023/06/15/who-the-hell-is-prometheum-and-what-did-it-say-to-congress-about-sec-compliance/

A testimony given at a U.S. House hearing by the blockchain firm’s co-founder Aaron Kaplan has drawn the attention of those in the crypto space.

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Bitcoin rebound falters amid SEC crackdown on exchanges, raising chance of a BTC price capitulation https://www.digit.info/bitcoin-rebound-falters-amid-sec-crackdown-on-exchanges-raising-chance-of-a-btc-price-capitulation/ Thu, 08 Jun 2023 17:44:28 +0000 https://www.digit.info/2023/06/08/bitcoin-rebound-falters-amid-sec-crackdown-on-exchanges-raising-chance-of-a-btc-price-capitulation/

Regulatory concerns continue to impact the entire crypto market and this week’s BTC options expiry could play a decisive role in pushing Bitcoin price under $26,000.

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Senators slam bank execs for blaming collapses on crypto, pocketing millions https://www.digit.info/senators-slam-bank-execs-for-blaming-collapses-on-crypto-pocketing-millions/ Wed, 17 May 2023 06:08:38 +0000 https://www.digit.info/2023/05/17/senators-slam-bank-execs-for-blaming-collapses-on-crypto-pocketing-millions/

Senator Lummis noted that Signature Bank’s Scott Shay mentioned digital assets 10 times in his testimony about the bank’s collapse.

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FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense https://www.digit.info/ftxs-bankman-fried-is-allegedly-using-alameda-funds-to-pay-for-legal-defense/ Thu, 30 Mar 2023 00:34:56 +0000 https://www.digit.info/2023/03/30/ftxs-bankman-fried-is-allegedly-using-alameda-funds-to-pay-for-legal-defense/ Read more]]> According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave “at least $10 million” from the now-defunct quantitative trading firm Alameda Research to his […]

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FTX seeks to claw back $460M from Bankman-Fried-backed VC firm https://www.digit.info/ftx-seeks-to-claw-back-460m-from-bankman-fried-backed-vc-firm/ Thu, 23 Mar 2023 03:54:57 +0000 https://www.digit.info/2023/03/23/ftx-seeks-to-claw-back-460m-from-bankman-fried-backed-vc-firm/

While the funds represent a small portion of FTX’s overall asset shortfall, the settlement means the firms can avoid a costly legal battle.

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FTX’s Bankman-Fried could ‘conceivably’ get bail revoked, says judge https://www.digit.info/ftxs-bankman-fried-could-conceivably-get-bail-revoked-says-judge/ Fri, 17 Feb 2023 04:05:10 +0000 https://www.digit.info/2023/02/17/ftxs-bankman-fried-could-conceivably-get-bail-revoked-says-judge/

A federal judge said there was “probable cause” to believe that SBF engaged in activities that could land him in jail.

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