SEC raises concerns over Coinbase in objection to Celsius restructuring plan
Coinbase CEO Brian Armstrong and chief legal officer Paul Grewal issued a joint statement questioning the SEC’s reasoning in its Sept. 22 objection. Go to Source
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Bybit will suspend services in UK following financial regulator’s ‘final warning’
Headquartered in Dubai, crypto exchange Bybit said it will suspend services to residents of the United Kingdom starting in October due to “regulatory changes”. Go to Source
Judge grants DoJ motions barring testimony of Sam Bankman-Fried’s witnesses
Judge Lewis Kaplan left the door open for SBF’s defense team to call some of the precluded witnesses in response to testimony presented by the government. Go to Source
Judges deny Sam Bankman-Fried’s appeal for early release
Three judges with the 2nd U.S. Circuit Court of Appeals in New York have denied requests from Sam Bankman-Fried’s lawyers for early release from jail. Go to Source
Ethereum price sees new low versus Bitcoin since switching to Proof-of-Stake
Ethereum spot ETF request, Ripple’s potential win against the SEC, and growing decentralized app dominance retain hope for ETH investors. Go to Source
Signal hints at leaving UK market following passage of online safety bill
Critics of the U.K. Online Safety Bill had pushed for amendments prior to passage, claiming the legislation could allow authorities a backdoor for end-to-end encryption services. Go to Source
Sam Bankman-Fried’s father dragged his mother into an FTX US salary dispute
A complaint filed in bankruptcy court claimed Joseph Bankman involved Barbara Fried when answers from neither his son or FTX US satisfied concerns around his $200,000 annual salary. Go to Source
Judges weigh early release for Sam Bankman-Fried as lawyers push First Amendment issues: Report
A panel of three judges at the 2nd U.S. Circuit Court of Appeals in New York reportedly will consider requests from Sam Bankman-Fried’s lawyers for early release from jail. Go to Source
Weak competition in AI race could hurt consumers: UK watchdog
The UK’s Competition and Markets Authority wants to prevent AI from being used to undermine consumer trust. Go to Source
Rep. Tom Emmer: Digital assets will be a ‘sleeper issue’ for 2024 elections
Three candidates from both the Democratic and Republican parties have taken anti-CBDC positions as part of their 2024 presidential run. Go to Source