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Trader Joe’s grocery store files trademark lawsuit against Trader Joe DEX

October 12, 2023 by DIGIT

Among the claims included allegations of federal trademark infringement and dilution, with Trader Joe allegedly capitalizing on the store’s “name, goodwill, and brand recognition”. Go to Source

Categories Copyright, Cryptocurrencies, Law, Regulation, trading

Court approves Genesis settlement of $175M to FTX, expunges billions in claims

October 12, 2023 by DIGIT

Genesis previously reportedly said that the $175 million settlement was “fair and equitable,” while FTX creditors wanted to contest it. Go to Source

Categories Bankruptcy, Court, ftx, Law

Caroline Ellison provided 7 ‘alternative’ balance sheets hiding Alameda’s exposure to FTX

October 11, 2023 by DIGIT

The former CEO testified that she had provided SBF seven options for spreadsheets with misleading information on Alameda’s financials to present to Genesis lenders. Go to Source

Categories Court, Crimes, ftx, Law, Regulation, Sam Bankman-Fried

Caroline Ellison blames Sam Bankman-Fried for misuse of FTX user funds at trial

October 10, 2023 by DIGIT

Reports have suggested the former CEO of Alameda Research and SBF had largely been out of contact following the collapse of FTX in November 2022. Go to Source

Categories Court, Crimes, ftx, Law, Regulation, Sam Bankman-Fried

Judge sides with Ripple again, denies SEC appeal: Law Decoded

October 9, 2023 by DIGIT

Crypto lawyers are seemingly divided over the significance of a court order to dismiss the SEC’s motion. Go to Source

Categories Law, Regulation

House Republicans urge tighter export controls on advanced chips

October 7, 2023 by DIGIT

The letter follows the unveiling of Huawei Technologies’ Mate 60 Pro smartphone, which incorporated advanced chips manufactured by China’s Semiconductor Manufacturing International Corporation. Go to Source

Categories Law, Technology, United States

Sam Bankman-Fried goes on trial: A week in review

October 7, 2023 by DIGIT

The trial of former FTX CEO Sam Bankman-Fried started on October 3. Four witnesses explained to jurors how $8 billion in funds from customers went missing. Go to Source

Categories Bankruptcy, Government, Law, Sam Bankman-Fried, United States

Sam Bankman-Fried ordered ‘special privileges’ for Alameda account on FTX — Gary Wang

October 6, 2023 by DIGIT

FTX’s former chief technology officer reportedly claimed in court that then CEO Sam Bankman-Fried authorized Alameda Research’s account to trade more funds than it had available. Go to Source

Categories Court, Crimes, ftx, Law, Regulation, Sam Bankman-Fried

Taiwan aims for crypto law by November: Report

October 6, 2023 by DIGIT

Lawmakers in Taiwan are aiming to create a first draft of a special law about offshore exchanges by the end of November 2023. Go to Source

Categories Cryptocurrency Exchange, Law, Taiwan

‘We allowed Alameda to withdraw unlimited funds’ — Gary Wang at SBF trial

October 5, 2023 by DIGIT

According to FTX’s former chief technology officer, Sam Bankman-Fried committed crimes with himself, Nishad Singh and Caroline Ellison. Go to Source

Categories Court, Crimes, ftx, Law, Regulation, Sam Bankman-Fried
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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • ethereumEthereum(ETH)$2,918.61-1.82%
  • tetherTether(USDT)$1.00-0.04%
  • binancecoinBNB(BNB)$887.300.24%
  • rippleXRP(XRP)$1.90-1.24%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$126.74-1.71%
  • JUSDJUSD(JUSD)$1.000.02%
  • tronTRON(TRX)$0.3018510.52%
  • staked-etherLido Staked Ether(STETH)$2,914.27-1.67%