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FTX victims will ‘never’ be whole thanks to SBF’s ‘dumpster fire’ — John Ray

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FTX victims will ‘never’ be whole thanks to SBF’s ‘dumpster fire’ — John Ray 2024-03-21 at 09:01 By Cointelegraph by Martin Young FTX chief John Ray III wrote a scathing victim impact statement on the exchange’s co-founder Sam Bankman-Fried ahead of his sentencing date. This article is an excerpt from Cointelegraph.com News View Original Source […]

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Montenegrin court rejects Do Kwon’s appeal to stop extradition to South Korea

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Montenegrin court rejects Do Kwon’s appeal to stop extradition to South Korea 2024-03-20 at 18:01 By Cointelegraph by Turner Wright Both the United States and South Korea filed competing requests for extraditing the Terraform Labs co-founder since his arrest in Montenegro in March 2023. This article is an excerpt from Cointelegraph.com News View Original Source

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Advocacy groups file amicus briefs encouraging SEC to write crypto rules

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Advocacy groups file amicus briefs encouraging SEC to write crypto rules 2024-03-20 at 00:12 By Cointelegraph by Turner Wright The Crypto Council for Innovation, Satoshi Action Fund, Texas Blockchain Council, Paradigm, Lejilex and the U.S. Chamber of Commerce all called on the SEC to establish guidelines. This article is an excerpt from Cointelegraph.com News View

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FTX victims describe ‘irreparable harm’ ahead of Sam Bankman-Fried’s sentencing

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FTX victims describe ‘irreparable harm’ ahead of Sam Bankman-Fried’s sentencing 2024-03-19 at 18:02 By Cointelegraph by Turner Wright Judge Lewis Kaplan could potentially sentence the former FTX CEO to decades in prison on March 28 following his November 2023 conviction. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Top FTX claim holder Attestor sues seller amid Bitcoin rally

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Top FTX claim holder Attestor sues seller amid Bitcoin rally 2024-03-18 at 11:04 By Cointelegraph by Helen Partz London-based Attestor has filed a lawsuit against FTX claims seller Lemma after making a 200% profit on the purchased FTX claims stash. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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UK court rules Craig Wright not Nakamoto, ending long-standing drama

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UK court rules Craig Wright not Nakamoto, ending long-standing drama 2024-03-15 at 15:14 By Cointelegraph by Shiraz Jagati A judge has ruled definitively that Craig Wright is not the pseudonymous creator of Bitcoin, dealing a blow to his claims of ownership over the currency’s intellectual property. This article is an excerpt from Cointelegraph.com News View

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Judge rules Craig Wright is not Satoshi Nakamoto: Report

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Judge rules Craig Wright is not Satoshi Nakamoto: Report 2024-03-14 at 16:37 By Cointelegraph by Zoltan Vardai Wright is not the pseudonymous founder of the Bitcoin network, a judge ruled on March 14. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Bitzlato ex-CEO Legkodymov pleads guilty to one count in Brooklyn court

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Bitzlato ex-CEO Legkodymov pleads guilty to one count in Brooklyn court 07/12/2023 at 01:02 By Cointelegraph by Derek Andersen The Hong Kong-based crypto exchange had no KYC and was a major support for the darknet marketplace Hydra. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Jury in Terraform Labs case shouldn’t decide whether crypto is a security — SEC

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Jury in Terraform Labs case shouldn’t decide whether crypto is a security — SEC 05/12/2023 at 19:02 By Cointelegraph by Turner Wright According to the SEC, tokens at issue in its civil case against Terraform Labs should be a “legal question” for a court, “not a factual question for the jury.” This article is an

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Sam Bankman-Fried will not file any post-trial motions, say lawyers

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Sam Bankman-Fried will not file any post-trial motions, say lawyers 02/12/2023 at 00:04 By Cointelegraph by Turner Wright The former FTX CEO was found guilty of seven felony charges on Nov. 2, for which he could face up to 115 years in prison. This article is an excerpt from Cointelegraph.com News View Original Source React

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Evidence mounts as new artists jump on Stability AI, MidJourney copyright lawsuit

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Evidence mounts as new artists jump on Stability AI, MidJourney copyright lawsuit 01/12/2023 at 18:01 By Cointelegraph by Savannah Fortis The battle continues as artists amend a lawsuit previously struck down by court authorities against major AI companies who have allegedly violated creative copyright laws. This article is an excerpt from Cointelegraph.com News View Original

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SBF was almost extorted for ‘protection’ in Brooklyn jail, recalls ex-inmate

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SBF was almost extorted for ‘protection’ in Brooklyn jail, recalls ex-inmate 01/12/2023 at 07:04 By Cointelegraph by Jesse Coghlan Gene Borrello, a former prisoner at MDC, told crypto blogger Tiffany Fong that Sam Bankman-Fried was targeted for his timid nature and having “the body of the 80-year-old.” This article is an excerpt from Cointelegraph.com News

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Courts will provide ‘good guidance’ for crypto — CFTC commissioner

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Courts will provide ‘good guidance’ for crypto — CFTC commissioner 01/12/2023 at 01:02 By Cointelegraph by Turner Wright Kristin Johnson proposed several potential paths for handling digital assets in the United States — through Congress, having private companies address governance and the courts. This article is an excerpt from Cointelegraph.com News View Original Source React

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Jump Crypto filed docs confidentially in SEC v. Terraform Labs case

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Jump Crypto filed docs confidentially in SEC v. Terraform Labs case 29/11/2023 at 01:02 By Cointelegraph By Turner Wright The trading firm and its CEO, Kanav Kariya, allegedly manipulated the price of TerraUSD to gain roughly $1.3 billion in profits. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Kraken co-founder hails ‘more fair’ playing field as DOJ fines Binance

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Kraken co-founder hails ‘more fair’ playing field as DOJ fines Binance 23/11/2023 at 11:02 By Cointelegraph By Arijit Sarkar Jesse Powell sees CZ’s and Binance’s legal proceedings as a positive change, as “going after the most egregious offenders offshore would require effort.” This article is an excerpt from Cointelegraph.com News View Original Source React to

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CZ an ‘unacceptable risk of flight,’ should stay in US: DOJ

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CZ an ‘unacceptable risk of flight,’ should stay in US: DOJ 23/11/2023 at 09:02 By Cointelegraph By Martin Young U.S. prosecutors are pushing for CZ to stay in the country, saying they “would not be able to secure his return” if he’s allowed back to Dubai. This article is an excerpt from Cointelegraph.com News View

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New Binance CEO Richard Teng pitches ‘very strong’ foundation to skeptics

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New Binance CEO Richard Teng pitches ‘very strong’ foundation to skeptics 22/11/2023 at 14:02 By Cointelegraph By Arijit Sarkar Teng’s tenure will focus on three aspects of the business as the CEO — reinstating investor confidence, collaborating with regulators and driving Web3 adoption, he said. This article is an excerpt from Cointelegraph.com News View Original

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Bankrupt crypto lender Genesis sues Gemini to recover $689M of ‘preferential transfers’

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Bankrupt crypto lender Genesis sues Gemini to recover $689M of ‘preferential transfers’ 22/11/2023 at 12:02 By Cointelegraph By Prashant Jha Genesis claims Gemini made preferential transfers of about $689 million from Genesis and wants the court to “correct this unfairness.” This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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CZ released on $175M bond, could return to Dubai

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CZ released on $175M bond, could return to Dubai 22/11/2023 at 04:02 By Cointelegraph By Brayden Lindrea Binance founder Changpeng “CZ” Zhao posted a $175 million bond with a condition he returns to the U.S. two weeks before his sentencing. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Tether’s bank partner Britannia sued over $1B deposit: Report

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Tether’s bank partner Britannia sued over $1B deposit: Report 21/11/2023 at 17:04 By Cointelegraph By Helen Partz Tether’s bank partner Britannia is reportedly facing a lawsuit over claims it failed to pay the full price of revenue-generating assets allegedly related to a deposit from Tether. This article is an excerpt from Cointelegraph.com News View Original

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