North Carolina House passes bill to commission study on holding Bitcoin
The study would examine the possible impact of holding crypto and how the state would custody a digital currency. Go to Source Powered by WPeMatico
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Voyager to pay $1.1 million in legal fees incurred in April
Certain members holding high positions within the firm bill an hourly rate exceeding $2,000 for their professional services. Go to Source Powered by WPeMatico
Nevada financial regulator petitions court to place Prime Trust into receivership
The filing suggested Prime Trust had financial liabilities to its users totaling more than $82 million in fiat and $800,000 in crypto. Go to Source Powered by WPeMatico
Judge says arguments behind SBF’s motions to dismiss criminal charges are ‘moot or without merit’
Former FTX CEO Sam Bankman-Fried will likely still face 13 criminal counts over two separate trials starting in October 2023 and March 2024. Go to Source Powered by WPeMatico
Judge denies motion from Binance regarding allegedly ‘misleading’ SEC statements
The legal teams for Binance, Binance.US and CZ filed a motion for the court to order the SEC to comply with “applicable rules of conduct” following allegedly misleading statements. Go to Source Powered by WPeMatico
US lawmaker calls for info from Treasury and SEC on crypto market structure bill
Rep. Maxine Waters gave Janet Yellen and Gary Gensler a deadline of June 30 to respond to her requests on the “Digital Asset Market Structure” bill proposed by Republican lawmakers. Go to Source Powered by WPeMatico
Judge blocks Bankman-Fried’s attempt to obtain key documents in fraud prosecution: Report
The request was denied by U.S. District Judge Lewis Kaplan, who characterized it as a “fishing expedition” lacking justification. Go to Source Powered by WPeMatico
US Supreme Court halts Coinbase cases in its first crypto ruling
The United States Supreme Court ruled in favor of Coinbase in its first-ever opinion on a cryptocurrency case on June 23. Go to Source Powered by WPeMatico
US lawmaker demands answers from SEC on docs related to Sam Bankman-Fried’s arrest
The chair of a U.S. House oversight subcommittee said all of the documents the SEC had provided on Sam Bankman-Fried’s charges and arrest had been publicly available at the time. Go to Source Powered by WPeMatico
US lawmakers propose bills to hold bank execs accountable for failures and address risks
Maxine Waters did not specifically mention crypto in the proposed legislation, drafted in response to the collapse of Silicon Valley Bank, Signature Bank, and First Republic Bank. Go to Source Powered by WPeMatico
