Report: DOJ and FBI Investigating Terraform Labs in Connection to Algorithmic Stablecoin Collapse

Report: DOJ and FBI Investigating Terraform Labs in Connection to Algorithmic Stablecoin CollapseThe Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) are reportedly investigating the collapse of the algorithmic stablecoin terra usd (UST) and the firm Terraform Labs. Unnamed sources say that former staff members from Terraform Labs, the company behind the Terra blockchain project, have been questioned by U.S. law enforcement. Unusual Relationship: […]

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Ripple Lawyer Argues SEC Chair Gensler Has Prejudged Crypto Asset Cases

Ripple Lawyer Argues SEC Chair Gensler Has Prejudged Crypto Asset CasesRecently, Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), expressed his opinion in a detailed interview with New York Magazine’s Intelligencer regarding why he believes crypto assets other than bitcoin are securities. However, Stuart Alderoty, Ripple’s chief legal officer, argues that Gensler must “recuse himself from voting on any enforcement case […]

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US May Consider Alexander Vinnik for Prisoner Exchange With Russia, Lawyer Says

US May Consider Alexander Vinnik for Prisoner Exchange With Russia, Lawyer SaysCrypto exchange BTC-e’s alleged operator Alexander Vinnik may be a candidate for prisoner swap between the United States and Russia. That’s according to a statement by one of his lawyers for Russian media. The latest court hearing in Vinnik’s case has been postponed. Russian Accused of Laundering Billions Through Crypto May Return Home, According to […]

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SBF to Remain in a Bahamian Jail for 2 Months, Report Claims FTX Execs Had a Covert Chat Channel Called ‘Wirefraud’

SBF to Remain in a Bahamian Jail for 2 Months, Report Claims FTX Execs Had a Covert Chat Channel Called ‘Wirefraud’On Tuesday, the former CEO of FTX, Sam Bankman-Fried (SBF), appeared in court with his newly appointed lawyer Mark Cohen, and his legal team asked the Bahamian judge Joyann Ferguson-Pratt to release SBF on bail with an ankle bracelet. Amid the lengthy court hearing reports detail that SBF’s parents Joseph Bankman and Barbara Fried attended […]

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