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
Genesis seeks court’s approval to reduce 3AC claim from $1B to $33M Read More »
EU backs Data Act with clause to shut off smart contracts 10/11/2023 at 05:03 By Cointelegraph By Jesse Coghlan The Act, inclusive of a clause necessitating “kill switches” on smart contracts, only now needs approval from the European Council to pass into law. This article is an excerpt from Cointelegraph.com News View Original Source
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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
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‘Premier’ crypto cop CFTC reveals record-setting digital asset enforcement in 2023 08/11/2023 at 15:02 By Cointelegraph By Amaka Nwaokocha The statement released by the CFTC shows that about 50% of the cases brought to its attention in 2023 involved crypto. This article is an excerpt from Cointelegraph.com News View Original Source
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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
Multiple buyers consider purchase and relaunch of ‘irreparable’ FTX Read More »
Coinbase user agreement dispute reaches US Supreme Court 04/11/2023 at 14:02 By Cointelegraph By Amaka Nwaokocha The Supreme Court’s choice to take up this case represents a pivotal development for firms utilizing arbitration clauses. This article is an excerpt from Cointelegraph.com News View Original Source
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Hong Kong issues rules for asset tokenization as interest mounts 02/11/2023 at 15:02 By Cointelegraph By Amaka Nwaokocha Hong Kong’s securities regulator treats tokenized securities like traditional securities, subject to the same legal and regulatory norms. This article is an excerpt from Cointelegraph.com News View Original Source
Hong Kong issues rules for asset tokenization as interest mounts Read More »
Ripple’s legal chief questions SEC case losses under Gensler 02/11/2023 at 13:02 By Cointelegraph By Amaka Nwaokocha Stuart Alderoty expressed concern about the SEC’s repeated arbitrary and capricious actions in court cases, suggesting a troubling pattern under Gensler’s leadership. This article is an excerpt from Cointelegraph.com News View Original Source
Ripple’s legal chief questions SEC case losses under Gensler Read More »
SolarWinds and CISO accused of fraud, control failures 31/10/2023 at 11:16 By Help Net Security The Securities and Exchange Commission announced charges against SolarWinds and its CISO, Timothy G. Brown, for fraud and internal control failures relating to allegedly known cybersecurity risks and vulnerabilities. The complaint alleges that, from at least its October 2018 initial
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Ripple CEO criticizes former SEC Chair Jay Clayton’s comments 29/10/2023 at 12:02 By Cointelegraph By Amaka Nwaokocha Clayton emphasized that regulatory agencies should introduce regulations and legal cases they believe will successfully withstand judicial scrutiny. 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’ 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
Jury hears Sam Bankman-Fried’s testimony: ‘A lot of people got hurt’ Read More »
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
Sam Bankman-Fried denies knowledge of moving FTX deposits to North Dimension: Report Read More »
UK passes bill to enable authorities to seize Bitcoin used for crime 26/10/2023 at 18:02 By Cointelegraph By Helen Partz Filed in September 2022, the Economic Crime and Corporate Transparency Bill is expected to receive royal assent on Oct. 26, 2023. This article is an excerpt from Cointelegraph.com News View Original Source
UK passes bill to enable authorities to seize Bitcoin used for crime Read More »
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
How Google’s AI legal protections can change art and copyright protections Read More »
Sam Bankman-Fried’s testimony to challenge government claims, lawyer tells judge 26/10/2023 at 16:02 By Cointelegraph By Amaka Nwaokocha The testimony will challenge the government‘s claims, especially the counsel’s role in auto-deletion, north dimension creation, payment agent agreement, Alameda loans and FTX terms of service. This article is an excerpt from Cointelegraph.com News View Original Source
Sam Bankman-Fried’s testimony to challenge government claims, lawyer tells judge Read More »
Meta faces legal scrutiny as AI advancements raise concerns over child safety 26/10/2023 at 14:02 By Cointelegraph By Amaka Nwaokocha Concerns for child safety come amid rapid artificial intelligence advancements involving text and generative AI. This article is an excerpt from Cointelegraph.com News View Original Source
Meta faces legal scrutiny as AI advancements raise concerns over child safety Read More »
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
Sam Bankman-Fried will testify at criminal trial, say defense lawyers Read More »
US Congress remains legislatively paralyzed on crypto bills without a House speaker 23/10/2023 at 21:02 By Cointelegraph By Turner Wright Pieces of legislation aimed at establishing clarity on certain crypto policies are unable to move forward with half of the legislative branch of the U.S. government lacking leadership. This article is an excerpt from Cointelegraph.com
US Congress remains legislatively paralyzed on crypto bills without a House speaker Read More »
Hong Kong securities regulator updates crypto policies, citing market developments 20/10/2023 at 20:03 By Cointelegraph By Turner Wright The notice came more than a month after more than a thousand users reported losses from the JPEX crypto exchange. This article is an excerpt from Cointelegraph.com News View Original Source
Hong Kong securities regulator updates crypto policies, citing market developments Read More »
Chamber of Digital Commerce opposes SEC’s overreach in Binance lawsuit 20/10/2023 at 16:05 By Cointelegraph By Amaka Nwaokocha United States-based advocacy group, the Chamber of Digital Commerce, claims the SEC employs the enforcement-based method to classify digital assets as securities and impose penalties on cryptocurrency businesses. This article is an excerpt from Cointelegraph.com News View
Chamber of Digital Commerce opposes SEC’s overreach in Binance lawsuit Read More »