AirBit Club co-founder Dos Santos is now the last AirBit defendant not yet sentenced but is scheduled to learn his fate on Oct. 4, 2023.
Category: Law
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As trial begins, Sam Bankman-Fried’s lawyers push to exclude testimony from FTX users
Sam Bankman-Fried’s legal team has requested the court block certain witnesses offering testimony on how they thought FTX would protect their assets.
Investors drop class-action lawsuit against Terraform Labs and Do Kwon
The dropping of the suit came amid Terra facing a lawsuit brought by the U.S. Securities and Exchange Commission and Do Kwon possibly nearing the end of his sentence in Montenegro.
DOJ readies witnesses in Bankman-Fried trial, spotlight on FTX assets
This initiative also encompasses their comprehension of Sam Bankman-Fried’s remarks and conduct, particularly regarding FTX’s asset management.
Paradigm accuses SEC of bypassing rules in Binance lawsuit
Paradigm claimed the SEC is attempting to use the allegations in its complaint to alter the law without adhering to the established rulemaking process.
FTX’s $3.4B crypto liquidation: What it means for crypto markets
Bankrupt crypto exchange FTX has been approved to liquidate nearly $3.4 billion worth of crypto assets, creating a sense of panic among crypto investors, but experts say the phased liquidation schedule will ensure market stability.
Binance exit aftershock: Can one resignation tip the crypto trust scales?
The announcement of yet another top figure departing Binance coincided with an increased outflow of funds from the crypto platform. But can one executive resignation really have such an impact?
How are crypto firms responding to US regulators’ enforcement actions?
Prometheum was purportedly “purpose-built to comply with federal securities laws” and has avoided lawsuits from the SEC when compared with firms like Binance and Coinbase.
Redefining Money: America’s digital currency dilemma
As the United States House Financial Services Committee looks to further impede the introduction of a digital dollar, where does this resistance to a CBDC stem from?
The Author’s Guild launches class-action lawsuit against OpenAI
The Author’s Guild opened a lawsuit against OpenAI, alleging misuse of copyrighted material in training of its AI models.
