SBF has finally been slapped with criminal charges and will be extradited to the U.S., once there, he will have to face separate charges from the SEC.
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SBF has finally been slapped with criminal charges and will be extradited to the U.S., once there, he will have to face separate charges from the SEC.
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U.S. congressional candidate January Walker said a potential settlement would be a loss for the “whole world” and Web3.
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Sam Bankman-Fried is willing to testify before the Financial Services Committee of the U.S. House of Representatives on Dec. 13.
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Ex-Alameda Research head will be represented by Stephanie Avakian and a team of attorneys from WilmerHale.
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While the SEC chairman has promised to make crypto safer for everyone, the recent slew of company collapses seems to suggest otherwise.
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New York Democrat Ritchie Torres introduced the short bills, which are meant to supplement more comprehensive legislation, earlier this month with little fanfare.
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Torres is a crypto supporter who has questioned the performance of the SEC before; he has written new legislation on crypto companies’ proof of reserves and comingling of funds.
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The Federal Trade Commission is investigating several unnamed crypto firms over possible misconduct in the advertisement of digital assets.
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U.S regulators and their failure to avoid another crypto contagion have raised a lot of questions over their credibility.
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