SBF's Possible Defense Involves Blaming FTX Collapse On Ex-Girlfriend, Leaked Documents Reveal
In the months since his empire collapsed, Bankman-Fried has been throwing Caroline Ellison under the bus.
FTX Sues Ex-Employees Of Hong Kong Affiliate To Recoup $157M
The lawsuit, filed last week in the United States Bankruptcy Court for the District of Delaware, alleged that Salameda was actually controlled by Bankman-Fried and the defendants took part in the fraudulent withdrawal of assets from FTX in the days leading to the filing of Chapter 11 bankruptcy in November 2022.
Long-Time Bitcoin Critic Sen. Menendez Faces Corruption, Bribery Charges; Democrats Call For His Resignation
Menendez is a popular name within the cryptocurrency community and his latest indictment is a stark contrast to his position toward Bitcoin, the world's first-ever crypto asset.
Major Crypto Exchange To Suspend UK Operation Ahead Of FCA's Launching Of New Rules
Bybit made a similar announcement in May, informing its customers in Canada of the suspension of its operation in the country due to "recent regulatory development."
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Bankman-Fried To Stay In Prison Until Trial After Appeals Court Rejects His Second Attempt To Bail
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SEC Chair Gensler Says No Court Ruling Can Change His View On Crypto
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Bankman-Fried Faces New Setback After Court Rejects Testimonies From 7 Expert Witnesses
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JPEX Crypto Fraud Casts Shadow Over Hong Kong Nascent Policy
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White House Aspirant Vivek Ramaswamy Makes Bold Promise On Crypto Policy Framework
Ramaswamy spoke about the SEC rulings and the potential of blockchain technology to disrupt the world of traditional finance. He also shared plans to release a "comprehensive crypto policy framework" by Thanksgiving.
Kraken 'Surprised And Disappointed' Over Australian Regulator's Enforcement Action Against Its Service Provider
Jonathan Miller, Kraken's managing director for Australia, said he was surprised by the Australian Securities and Investments Commission's (ASIC) move as Bit Trade was complying with the regulations.
Ex-Alameda Research Engineer Reveals Untold Story Behind 2021 Flash Crash, And It's Not In The News
Aditya Baradwaj's latest revelations center on the 2021 market flash crash that sent the $65,000 trading price of Bitcoin to just $8,000.
Stanford To Return All Gifts Received From FTX, Worth $5.5M
The FTX Group claimed Sam Bankman-Fried's parents misappropriated millions, including one instance where Allan Joseph Bankman "directed more than $5.5 million in FTX group donations to his employer, Stanford University."
FTX Sues Bankman-Fried's Parents For Unlawful Enrichment Through 'Access And Influence'
The FTX lawsuit intends to "recover millions of dollars in fraudulently transferred and misappropriated funds.''
New York Regulator Removes XRP From 'Greenlist'; Ripple Lawyer Teases Big Announcement This Week
The delisting of the 25 crypto assets from the NYDFS' greenlist means the tokens no longer have the approval of the agency and could also negatively impact the value of the delisted crypto asset, which is usually the case in the cryptocurrency industry.
SEC Seeks Court's Permission To Inspect Binance.US; Exchange's Trading Volume Dips
The American arm of Binance had a peak trading volume of $86 million in August, but it dipped to just $115.7 million through Sept. 15, data revealed.
SBF Attempts To Justify His Actions In A 15,000-Word Unpublished Twitter Thread
"I'm broke and wearing an ankle monitor and one of the most hated people in the world," Bankman-Fried wrote, adding, "There will probably never be anything I can do to make my lifetime impact net positive."
Singapore Regulator Slaps 3AC Founders Zhu Su And Kyle Davies With 9-Year Finance Ban
Last month, Dubai's VARA fined Zhu Su and Kyle Davies 200,000 UAE dirhams (around $54,000) each over violations of the region's digital asset marketing and advertising regulations.
Binance.US Employee Exodus Continues As 2 More Execs Reportedly Leave After CEO's Departure
While Binance.US continues to fight its legal battle against the case filed by the U.S. SEC, two more executives are leaving the exchange amid a series of layoffs and departures.
Major Crypto Business Announces End Of Crypto Trading Services
Genesis was once a major derivatives trading desk but it was hit hard by the spectacular implosion of Three Arrows Capita and Sam Bankman-Fried's FTX last year.
Former Celsius Exec Pleads Guilty To 4 Criminal Charges; Ex-CEO Seeks Dismissal Of FTC Case
Cohen-Pavron and Mashinsky were accused of several criminal allegations in July, including casing out their personal holdings before the crypto lending firm collapsed.
SOL Surges Amid Court Approval For FTX Liquidation, Holding Over $1B In Solana
Initially, FTX debtors were required to provide the U.S. Department of Justice with 10 days' notice before selling the assets, but the exchange later agreed with the U.S. Trustee to keep crypto sales private, so it won't significantly impact market prices.
Sam Bankman-Fried Remains In Jail As Judge Denies Pre-Trial Release Request
The judge's decision came after weeks of back-and-forth court filings about whether the co-founder of the now-bankrupt crypto empire FTX would be released from jail ahead of his trial.
Gensler Blames Cryptocurrency Industry For 'Non-Compliance,' Classifies Crypto As Securities
SEC Chairman Gary Gensler also mentioned the agency's accomplishments over the past year, adding it was the "cop to beat" when it came to watching out for the consumer's interest.
Bitcoin Hangs Above $25K As Market Awaits News On Inflation, Spot Bitcoin ETF Application
Historically, September has always been the worst month for Bitcoin, with the king of crypto averaging a 6% decline in its value in the said month from 2010 until 2022.
Solana Plummets As FTX Liquidation Approaches, But There's More To The Story
Solana is facing new challenges. Despite surviving the massive price drop caused by FTX's implosion in November, its current value is now threatened by the same crypto empire that wants to repay its creditors.
Michael Saylor Forecast BTC At $5M — 2 Of His 3 Conditions Are Nearly Met
These catalysts include the spot ETF approval, fair value accounting rules from FASB and banks custody and lending against Bitcoin as collateral.
FBI Demands Hacker Returns Sports Car, $5.2M In BTC Allegedly Stolen From Sim-Swap Scheme
According to the Justice Department, Hared is known as "winblo" among his co-conspirators on a forum called ogusers[.]com.
Coinbase Denies Ceasing Services In India, Calls Country An 'Important Market'
Although Coinbase clarified the issue of the discontinuation of its services in India, it did not offer any explanation regarding the report that said it disabled users in the country from signing up for its exchange and encouraged them to download the Coinbase Wallet instead.
France Launches Responsible Influence Certificate In Financial Advertising For Infuencers Shilling Crypto
Only those who have the general certificate based on the new provisions introduced by the law governing commercial influence activities in June 2023 are eligible to participate in the new program.
FTX Wants To Claw Back Money Paid To Professional Athletes Shaquille O'Neal, Naomi Osaka: Report
West Shires Services, an FTX affiliate, revealed it paid $4.3 million to O'neal's ABG business.
First FTX Whistleblower Pleads Guilty To Federal Criminal Charges, To Forfeit $1.5B
As part of the plea deal, Salame, whose Potomac home was raided by the FBI in April, was ordered by the court to forfeit more than $1.5 billion dollars.
Ripple Labs To Make 2 Major Announcements At XRP Celebratory Party, CTO Confirms
While the CTO did not offer any more explanation, the tweet gained traction within the XRP community, prompting speculations and discussions.
FTX Court Documents Expose $2.5M Yacht Deal By Former Alameda Research CEO John Trabucco
Trabucco confirmed the transaction a few months after it happened and eventually submitted his resignation from the company in August 2022.
Arkham Identifies Grayscale As Second-Largest ETH Holder After Naming Robinhood As An Ethereum Whale
Grayscale Investments was in the spotlight a few days ago because of a federal appeals court decision that favored its claim.
Worldcoin Achieves New Milestone Amid Global Regulatory Scrutiny, But WLD Tanks
Worldcoin revealed that "demand for World ID in Argentina drove a new single-day record for Orb verifications."
SEC Delays Spot Bitcoin ETF Decision For All 7 Applicants, Including BlackRock
The SEC has postponed the majority of its decisions until Oct. 17, while setting the rulings for Bitwise on Oct. 16 and for Valkyrie on Oct. 19.
Court Clears Uniswap, Venture Capital Backers Of Liability In Scam Token Case
This week was a series of victories for the cryptocurrency industry, with the federal appeals court siding with Grayscale Investments and the SDNY dismissing the lawsuit against Uniswap.
Crypto Executives Weigh In On Grayscale's Win Over SEC In Court: 'Significant Stride Forward'
The federal appeals court said in the 20-page decision that "the denial of Grayscale's proposal was arbitrary and capricious because the Commission failed to explain its different treatment of similar products. We, therefore, grant Grayscale's petition and vacate the order."
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