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Tornado Cash users file appeal over judgment in favor of US Treasury

Tornado Cash users file appeal over judgment in favor of US Treasury 14/11/2023 at 23:02 By Cointelegraph By Turner Wright The six individuals, supported by crypto exchange Coinbase, have taken a case involving the U.S. Treasury sanctioning Tornado Cash to federal appellate court. This article is an excerpt from Cointelegraph.com News View Original Source React […]

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Genesis seeks court’s approval to reduce 3AC claim from $1B to $33M

Genesis seeks court’s approval to reduce 3AC claim from $1B to $33M 10/11/2023 at 17:04 By Cointelegraph By Helen Partz Bankrupt lender Genesis has asked the court to approve its proposed settlement agreement with the imploded crypto hedge fund 3AC. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Binance used ‘tortured’ interpretation of law in bid to toss suit, says SEC

Binance used ‘tortured’ interpretation of law in bid to toss suit, says SEC 09/11/2023 at 05:02 By Cointelegraph By Jesse Coghlan The SEC derided Binance’s request to have the regulator’s suit thrown out, claiming the crypto exchange hasn’t correctly applied the law. This article is an excerpt from Cointelegraph.com News View Original Source React to

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Multiple buyers consider purchase and relaunch of ‘irreparable’ FTX

Multiple buyers consider purchase and relaunch of ‘irreparable’ FTX 07/11/2023 at 16:04 By Cointelegraph By Robert Knight Rebooting a tarnished name is difficult and some firms are so utterly compromised by their failures that there is no real hope of rehabilitation. This article is an excerpt from Cointelegraph.com News View Original Source React to this

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SEC seeks summary judgment in Do Kwon and Terraform Labs case

SEC seeks summary judgment in Do Kwon and Terraform Labs case 03/11/2023 at 10:02 By Cointelegraph By Arijit Sarkar The “evidence” of violations provided by the SEC points to Kwon’s involvement in misleading crypto investors by creating and marketing Terra and its in-house Terra (LUNA) tokens as securities. This article is an excerpt from Cointelegraph.com

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Lawyer questions Sam Bankman-Fried on his political donations at trial

Lawyer questions Sam Bankman-Fried on his political donations at trial 27/10/2023 at 23:01 By Cointelegraph By Turner Wright The former FTX CEO reportedly said the donations made in his name came from “loans from Alameda Research” as part of efforts to influence U.S. regulations on crypto. This article is an excerpt from Cointelegraph.com News View

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Sam Bankman-Fried denies defrauding FTX users at trial

Sam Bankman-Fried denies defrauding FTX users at trial 27/10/2023 at 20:02 By Cointelegraph By Turner Wright As the final witness in his defense case, the former FTX CEO placed some of the blame for the crypto exchange’s failure on Gary Wang and Nishad Singh. This article is an excerpt from Cointelegraph.com News View Original Source

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Jury hears Sam Bankman-Fried’s testimony: ‘A lot of people got hurt’

Jury hears Sam Bankman-Fried’s testimony: ‘A lot of people got hurt’ 27/10/2023 at 18:01 By Cointelegraph By Turner Wright The former FTX CEO returned to the witness stand to present his testimony to a jury of 12 people as the criminal trial began to reach its final stages. This article is an excerpt from Cointelegraph.com

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Sam Bankman-Fried denies knowledge of moving FTX deposits to North Dimension: Report

Sam Bankman-Fried denies knowledge of moving FTX deposits to North Dimension: Report 27/10/2023 at 00:00 By Cointelegraph By Turner Wright Assistant U.S. Attorney Danielle Sassoon grilled the former FTX CEO in court on his knowledge of FTX user deposits and the retention of communication records. This article is an excerpt from Cointelegraph.com News View Original

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Prosecutors rest their case as Sam Bankman-Fried prepares to testify

Prosecutors rest their case as Sam Bankman-Fried prepares to testify 26/10/2023 at 20:03 By Cointelegraph By Turner Wright Defense lawyers representing SBF called two witnesses, a Bahamas-based attorney and an expert from a litigation consulting firm, before the former FTX CEO’s testimony. This article is an excerpt from Cointelegraph.com News View Original Source React to

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How Google’s AI legal protections can change art and copyright protections

How Google’s AI legal protections can change art and copyright protections 26/10/2023 at 17:02 By Cointelegraph By Shiraz Jagati Amid myriad legal accusations surrounding its AI services, Google stands its ground, vowing to protect its users. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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FTX probes $6.5M in payments to AI safety group amid clawback crusade

FTX probes $6.5M in payments to AI safety group amid clawback crusade 26/10/2023 at 08:02 By Cointelegraph By Jesse Coghlan Bankrupt crypto exchange FTX wants to look into millions it had given to the Center for AI Safety, a nonprofit that has argued AI should be a global priority next to pandemics and nuclear war.

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Sam Bankman-Fried will testify at criminal trial, say defense lawyers

Sam Bankman-Fried will testify at criminal trial, say defense lawyers 25/10/2023 at 18:02 By Cointelegraph By Turner Wright After much speculation, the former FTX CEO will be one of only a handful of witnesses to testify for his defense in the criminal fraud case. This article is an excerpt from Cointelegraph.com News View Original Source

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US Court issues mandate for Grayscale ruling, paving way for SEC to review spot Bitcoin ETF

US Court issues mandate for Grayscale ruling, paving way for SEC to review spot Bitcoin ETF 23/10/2023 at 23:02 By Cointelegraph By Turner Wright The court decision was expected by many after the SEC did not appeal an Aug. 29 ruling requiring Grayscale’s Bitcoin ETF application to be reviewed. This article is an excerpt from

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Singapore court authorizes freeze order attached to wallets as soulbound NFT

Singapore court authorizes freeze order attached to wallets as soulbound NFT 21/10/2023 at 01:03 By Cointelegraph By Derek Andersen A British investigative firm tracked down stolen funds and convinced the High Court of Singapore to mark the wallets containing the funds permanently with its order. This article is an excerpt from Cointelegraph.com News View Original

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US surveillance and facial recognition firm Clearview AI wins GDPR appeal in UK court

US surveillance and facial recognition firm Clearview AI wins GDPR appeal in UK court 19/10/2023 at 21:02 By Cointelegraph By Tristan Greene According to court documents, the UK commissioner doesn’t have the authority or jurisdiction to cite or fine the “foreign” company for GDPR infractions. This article is an excerpt from Cointelegraph.com News View Original

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Binance France director resigns, adding to list of exits from crypto exchange

Binance France director resigns, adding to list of exits from crypto exchange 19/10/2023 at 09:01 By Cointelegraph By Tom Mitchelhill Stéphanie Cabossioras is at least the tenth senior executive to depart the crypto exchange this year. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Google requests dismissal of AI data scraping class-action suit

Google requests dismissal of AI data scraping class-action suit 18/10/2023 at 02:02 By Cointelegraph By Savannah Fortis Google argued in its motion to dismiss the claims that using publicly available information shared on the internet is not “stealing,” as claimed. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Nishad Singh says there is ’a lot’ he doesn’t remember about FTX in 2022 — SBF trial

Nishad Singh says there is ’a lot’ he doesn’t remember about FTX in 2022 — SBF trial 17/10/2023 at 21:02 By Cointelegraph By Turner Wright Sam Bankman-Fried’s defense team cross-examined former FTX engineering director Nishad Singh following questions from the prosecution on Oct. 16. This article is an excerpt from Cointelegraph.com News View Original Source

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Former FTX engineering director faces up to 75 years in prison following guilty plea

Former FTX engineering director faces up to 75 years in prison following guilty plea 17/10/2023 at 01:03 By Cointelegraph By Turner Wright Nishad Singh’s testimony was seemingly part of prosecutors’ strategy to establish Sam Bankman-Fried had been behind Alameda Research using FTX user funds. This article is an excerpt from Cointelegraph.com News View Original Source

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