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Sam Bankman-Fried requests weekday freedom for legal defense work

August 19, 2023 by DIGIT

Lawyers of SBF stated that their client faced difficulties in thoroughly reviewing the extensive document accumulation related to the case while confined to the detention center. Go to Source

Categories Cryptocurrencies, Cryptocurrency Exchange, ftx, Law

FTX seeks $175M settlement with Genesis entities to resolve dispute

August 17, 2023 by DIGIT

However, FTX creditors express discontent and urge the Official Committee of Unsecured Creditors of FTX (UCC) to contest the agreement. Go to Source

Categories Cryptocurrencies, Cryptocurrency Exchange, ftx, Law

CoinSmart president says crypto taxes are a ‘little bit more favorable’ outside US

August 16, 2023 by DIGIT

According to Jeremy Koven, Canadian crypto firms may have a better regulatory environment than ones in the United States, benefitting users in a number of ways. Go to Source

Categories Canada, Cryptocurrencies, Law, Regulation, United States

Binance.US request for protective order against SEC goes to magistrate judge

August 16, 2023 by DIGIT

The legal team for Binance.US filed a motion for a protective order on Aug. 14, claiming it was necessary to protect the firm from the SEC’s “fishing expedition” during discovery. Go to Source

Categories Binance, Court, Law, Regulation, SEC, United States

Crypto adoption crosses party lines amid Washington’s political deadlock

August 14, 2023 by DIGIT

Support for crypto among United States politicians and voters appears to be crossing party lines with bipartisanship agreements. Go to Source

Categories Government, Law, United States, US Government, USA

This scenario could spark Gary Gensler’s resignation: Former SEC official

August 14, 2023 by DIGIT

John Reed Stark believes SEC chair Gary Gensler could throw in the towel, depending on a possible scenario to play out in 2024. Go to Source

Categories Cryptocurrencies, Gary Gensler, Law, SEC, United States

Coinbase gains legal support as scholars file amicus brief

August 13, 2023 by DIGIT

In their filing, the legal practitioners advocated for the Court to steadfastly adhere to the established definition of the term ‘investment contract’ when interpreting its scope. Go to Source

Categories Coinbase, Cryptocurrencies, Cryptocurrency Exchange, Law, SEC, Tokens

3AC co-founder avoids contempt charges following evidence of Singaporean citizenship

August 11, 2023 by DIGIT

Lawyers for Kyle Davies filed evidence that his U.S. citizenship had been renounced in 2021, which, according to a bankruptcy judge, left him outside the court’s jurisdiction. Go to Source

Categories asset management, Bankruptcy, Court, Law, Regulation

Digital Currency Group files motion to dismiss Gemini lawsuit, claiming it’s a PR campaign

August 10, 2023 by DIGIT

Gemini’s complaint filed in July alleged DCG and Barry Silbert had made “false, misleading, and incomplete representations and omissions” related to Genesis and the Earn program. Go to Source

Categories Court, Digital Currency Group, Gemini, Law, Regulation

Alex Mashinsky faces electronic monitoring while on bail, judge signs off on protective order

August 10, 2023 by DIGIT

Prosecutors and defense lawyers agreed to a bail modification having the former Celsius CEO under electronic monitoring and largely be restricted from moving funds over $10,000. Go to Source

Categories celsius, Crimes, Law, Regulation, United States
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  • ethereumEthereum(ETH)$2,942.51-2.38%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$885.19-0.25%
  • rippleXRP(XRP)$1.92-2.31%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$128.18-1.88%
  • JUSDJUSD(JUSD)$1.000.02%
  • tronTRON(TRX)$0.3062052.30%
  • staked-etherLido Staked Ether(STETH)$2,942.68-2.49%