US Treasury sanctions crypto wallets as authorities crack down on fentanyl
According to Deputy Treasury Secretary Wally Adeyemo, the sanctioned wallets “received millions of USD funds over hundreds of deposits” used for illicit drugs. Go to Source
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FTX execs who pleaded guilty among names of potential witnesses in Sam Bankman-Fried’s criminal case
According to reports from the courthouse, Assistant U.S. Attorney Danielle Sassoon named Caroline Ellison, Gary Wang, and Nishad Singh among those who may offer testimony. Go to Source
Alex Mashinsky’s jury trial scheduled for September 2024
According to a New York court, the former Celsius CEO will remain free on $40-million bail through the legal proceedings. Go to Source
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. Go to Source
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. Go to Source
Book describes Sam Bankman-Fried with little attention span or respect for appointments
The former FTX CEO was reportedly invited by Vogue editor-in-chief Anna Wintour to be her special guest at the Met Gala, only to cancel at the last minute. Go to Source
Parliamentary committee calls for shutdown of Worldcoin in Kenya
The committee’s recommendations included having the Kenyan government consider implementing a comprehensive framework for digital assets and virtual asset service providers. Go to Source
Expect new crypto regulations to follow Bitcoin ETFs
Will Bitcoin ETFs attract more regulatory attention to the crypto industry? We can only hope, because many questions need to be answered. Go to Source
Industry leaders and policymakers weigh in on a potential US gov’t shutdown
A U.S. government shutdown was not inevitable, but even if one were to last for a matter of hours or days, lawmakers’ priorities on their return may not be digital assets. Go to Source
SEC delays spot Bitcoin ETF decision for BlackRock, Invesco and Bitwise
Invesco, Bitwise and Valkyrie are the other three firms that were hit with delays by the SEC. Go to Source