SEC wins default judgment against Thor Technologies and founder 20/10/2023 at 15:04 By Cointelegraph By Amaka Nwaokocha Thor Technologies has been instructed to pay a sum of $903,193.06, which encompasses a disgorgement of $744,555, and prejudgment interest amounting to $158,638.06. This article is an excerpt from Cointelegraph.com News View Original Source
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Universal Music Group sues Anthropic AI over copyright infringement 19/10/2023 at 23:02 By Cointelegraph By Savannah Fortis Universal Music Group, Concord Publishing and ABKCO Music & Records allege that Anthropic “unlawfully” copied and disseminated “vast amounts of copyrighted works” from them. This article is an excerpt from Cointelegraph.com News View Original Source
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Advocacy groups push back against Sen. Warren linking crypto with terrorism 19/10/2023 at 20:02 By Cointelegraph By Turner Wright The Blockchain Association and Crypto Council for Innovation said the terrorist group Hamas had reportedly curtailed using Bitcoin as authorities could more easily track funds. This article is an excerpt from Cointelegraph.com News View Original Source
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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
Binance France director resigns, adding to list of exits from crypto exchange Read More »
Pro-crypto lawmaker stays interim US House Speaker as frontrunner loses first round of voting 18/10/2023 at 01:02 By Cointelegraph By Turner Wright Ohio Representative Jim Jordan, the Republican Party’s nominee for Speaker, won the support of 200 of his colleagues in an Oct. 17 vote — below the 217 needed to hold the position. This
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
Former FTX engineering director faces up to 75 years in prison following guilty plea Read More »
Federal judge gives Genesis 5 days to comply with Terraform Labs subpoena 16/10/2023 at 23:03 By Cointelegraph By Turner Wright The order was unclear as to the nature of the documents under subpoena, but stated Genesis had failed to provide the information by Oct. 9. This article is an excerpt from Cointelegraph.com News View Original
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Trader Joe’s grocery store files trademark lawsuit against Trader Joe DEX 13/10/2023 at 01:02 By Cointelegraph By Turner Wright The claims include allegations of federal trademark infringement and dilution, with Trader Joe allegedly capitalizing on the store’s “name, goodwill, and brand recognition.” This article is an excerpt from Cointelegraph.com News View Original Source
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Court approves Genesis settlement of $175M to FTX, expunges billions in claims 12/10/2023 at 14:02 By Cointelegraph By Helen Partz Genesis previously reportedly said that the $175 million settlement was “fair and equitable,” while FTX creditors wanted to contest it. This article is an excerpt from Cointelegraph.com News View Original Source
Court approves Genesis settlement of $175M to FTX, expunges billions in claims Read More »
Caroline Ellison provided 7 ‘alternative’ balance sheets hiding Alameda’s exposure to FTX 11/10/2023 at 19:02 By Cointelegraph By Turner Wright The former CEO testified that she had provided SBF seven options for spreadsheets with misleading information on Alameda’s financials to present to Genesis lenders. This article is an excerpt from Cointelegraph.com News View Original Source
Caroline Ellison blames Sam Bankman-Fried for misuse of FTX user funds at trial 10/10/2023 at 20:03 By Cointelegraph By Turner Wright Reports have suggested the former CEO of Alameda Research and SBF had largely been out of contact following the collapse of FTX in November 2022. This article is an excerpt from Cointelegraph.com News View
Caroline Ellison blames Sam Bankman-Fried for misuse of FTX user funds at trial Read More »
Judge sides with Ripple again, denies SEC appeal: Law Decoded 10/10/2023 at 00:02 By Cointelegraph By David Attlee Crypto lawyers are seemingly divided over the significance of a court order to dismiss the SEC’s motion. This article is an excerpt from Cointelegraph.com News View Original Source
Judge sides with Ripple again, denies SEC appeal: Law Decoded Read More »
House Republicans urge tighter export controls on advanced chips 07/10/2023 at 13:02 By Cointelegraph By Amaka Nwaokocha The letter follows the unveiling of Huawei Technologies’ Mate 60 Pro smartphone, which incorporated advanced chips manufactured by China’s Semiconductor Manufacturing International Corporation. This article is an excerpt from Cointelegraph.com News View Original Source
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Sam Bankman-Fried goes on trial: A week in review 07/10/2023 at 04:02 By Cointelegraph By Ana Paula Pereira The trial of former FTX CEO Sam Bankman-Fried started on October 3. Four witnesses explained to jurors how $8 billion in funds from customers went missing. This article is an excerpt from Cointelegraph.com News View Original Source
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Sam Bankman-Fried ordered ‘special privileges’ for Alameda account on FTX — Gary Wang 06/10/2023 at 21:03 By Cointelegraph By Turner Wright FTX’s former chief technology officer reportedly claimed in court that then-CEO Sam Bankman-Fried authorized Alameda Research’s account to trade more funds than it had available. This article is an excerpt from Cointelegraph.com News View
Sam Bankman-Fried ordered ‘special privileges’ for Alameda account on FTX — Gary Wang Read More »
Taiwan aims for crypto law by November: Report 06/10/2023 at 18:03 By Cointelegraph By Savannah Fortis Lawmakers in Taiwan are aiming to create a first draft of a special law about offshore exchanges by the end of November 2023. This article is an excerpt from Cointelegraph.com News View Original Source
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‘We allowed Alameda to withdraw unlimited funds’ — Gary Wang at SBF trial 06/10/2023 at 00:02 By Cointelegraph By Turner Wright According to FTX’s former chief technology officer, Sam Bankman-Fried committed crimes with himself, Nishad Singh and Caroline Ellison. This article is an excerpt from Cointelegraph.com News View Original Source
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College roommate talked to Sam Bankman-Fried about FTX’s $8B hole on a paddle tennis court: Trial 05/10/2023 at 19:03 By Cointelegraph By Turner Wright Adam Yedidia, a former developer at FTX, testified regarding his knowledge of the crypto exchange’s use of funds, claiming “Alameda had used customer deposits to pay its loans”. This article is
Cocoa broker testifies to Bitcoin holdings on FTX in Sam Bankman-Fried trial 04/10/2023 at 23:02 By Cointelegraph By Turner Wright London-based cocoa broker Marc-Antoine Julliard responded to questions from prosecutors on crypto he held on FTX in November 2022. This article is an excerpt from Cointelegraph.com News View Original Source
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Opening arguments begin in Sam Bankman-Fried trial 04/10/2023 at 21:02 By Cointelegraph By Turner Wright “His girlfriend will tell you how they stole money together,” said Assistant U.S. Attorney Thane Rehn in an opening statement about the former FTX CEO. This article is an excerpt from Cointelegraph.com News View Original Source
Opening arguments begin in Sam Bankman-Fried trial Read More »