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” Crypto adoption in 2022: What events moved the industry forward? “ It’s no secret that the crypto market was gripped by bearish pressure for the entirety of 2022. However, amid all the volatility and chaos, many positive news stories appeared as well — especially regarding the global adoption of digital assets and crypto-related technologies…
” Sam Bankman-Fried enters not guilty plea for all counts in federal court “ Former FTX chief executive officer Sam Bankman-Fried has pled not guilty to all charges he’s facing including wire fraud, securities fraud, and violations of campaign finance laws. Multiple observers in the United States District Court in the Southern District of New…
” The ‘godfather of crypto’ wants to create a privacy-focused CBDC: Here’s how “ When it comes to the “crypto” part of cryptocurrencies, David Chaum’s work predates the crypto ecosystem. His efforts as a renowned cryptographer date back to 1989, long before Bitcoin (BTC) was a thing. Chaum developed the protocols that act as the…
” Sam Bankman-Fried’s legal team warns of ‘harassment and threats’ to parents in latest court filing “ The legal team behind former FTX chief executive officer Sam Bankman-Fried has petitioned a court to redact certain information on individuals acting as sureties for his $250-million bond, citing threats made against his family. In a letter dated…
” US lawmakers could consider stock trading ban in next session of Congress “ Many United States lawmakers from both sides of the aisle have at one point expressed support for legislation banning members from investing in stocks or crypto — an initiative the 118th Congress could address following a shift in leadership. Beginning on…
” SEC seeks to keep Hinman documents hidden in Ripple case “ The United States Securities and Exchange Commission (SEC) has requested to seal the infamous Hinman Speech documents, claiming that they are not relevant to the court’s summary judgment decision. The Motion to Seal Summary Judgment Document was filed by the SEC on Dec….
” Blockware sued over alleged misrepresentation of miners’ performance “ London-based Faes & Company filed a complaint against crypto mining firm Blockware Solutions LLC on Dec. 17, claiming it misrepresented the performance capability of its miners and lacked adequate power access to keep the machines running. Plaintiffs allege losses of $250,000 and are seeking compensatory…
” Former Alameda CEO confirms firm borrowed billions from FTX customer deposits as part of plea deal “ Caroline Ellison, the former chief executive officer of Alameda Research, said as part of her plea deal that she was aware FTX funds had been made available for the venture capital firm’s investments. In a transcript of…
” SEC general counsel announces departure from public service “ Dan Berkovitz, general counsel for the United States Securities and Exchange Commission, said he will be leaving the agency after more than a year. In a Dec. 22 announcement, the SEC said Berkovitz will depart on Jan. 31. A former commissioner with the Commodity Futures…
” FTX asks bankruptcy judge to stop BlockFi from claiming Robinhood shares “ Embattled crypto exchange FTX asked for the assistance of a United States bankruptcy judge to prevent crypto lending firm BlockFi from claiming around $450 million worth of Robinhood shares purchased by its former CEO Sam Bankman-Fried. On Nov. 28, BlockFi filed a…