Former SEC chair says spot Bitcoin ETF approval is ‘inevitable’ despite delays
The commission has another 45 days to approve, deny, or delay spot Bitcoin exchange-traded fund applications from 7 major firms. Go to Source
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Hurricane Idalia delays Ron DeSantis’ reported plans to accept crypto campaign donations
The storm hit Florida first in the continental U.S., which may have stopped Ron DeSantis from joining Vivek Ramaswamy in accepting crypto donations for his presidential campaign. Go to Source
Crypto may see second wind in the US as courts ‘rein in the SEC’ — Lawyer
Crypto-focused lawyer Jeremy McLaughlin said the U.S. digital asset industry may re-ignite as the country’s securities regulator racks up court losses. Go to Source
One less crypto-friendly candidate — Miami mayor ends US presidential run
Along with longshot Democratic hopeful Robert F. Kennedy Jr., Francis Suarez was one of the few openly crypto-friendly candidates running in 2024. Go to Source
Grayscale wins the court battle, but what does this mean for a spot Bitcoin ETF?
The SEC may have a limited window to appeal the court decision, while Grayscale could forward forward with an amended application for its spot Bitcoin exchange-traded fund. Go to Source
Sealing docs in Binance case could suggest a criminal probe, says former SEC official
According to John Reed Stark, the U.S. Justice Department may intend to indict or already indicted Binance, suggesting a motion in civil court was aimed at keeping this secret. Go to Source
Sam Bankman-Fried’s lawyers appeal decision on bail, citing First Amendment issues
Lawyers questioned a judge’s decision to revoke bail on Aug. 11, claiming SBF speaking to a journalist about Caroline Ellison was “protected First Amendment activity”. Go to Source
Sam Bankman-Fried’s lawyers push for temporary release, object to prosecutors’ proposed deal
The U.S. Justice Department has produced “millions of pages of documents” related to SBF’s criminal case, which his lawyers claimed was too much to access from jail before trial. Go to Source
Alleged former Worldcoin employee says they’re in contact with authorities
The individual, whose Worldcoin employment could not be independently verified, claimed they witnessed “sloppy and/or illegal things” while working there prior to the token launch. Go to Source
Sam Bankman-Fried can meet with lawyers outside of jail with 48 hours’ notice, says judge
Judge Lewis Kaplan said the order was in line with the accommodations for access to discovery materials the U.S. government proposed for the former FTX CEO on Aug. 18. Go to Source