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Bitcoin miner gets life in prison, China offers bounties for crypto firms: Asia Express

Retail crypto trading is only days away in Hong Kong, but a mainland crackdown sees bounties offered for crypto firms and miners imprisoned.

Is the SEC a bad cop? CoinRoutes CEO Dave Weisberger breaks down crypto regulation in the US

Weisberger believes the structure of the Securities and Exchange Commission needs to change but that politicians are reluctant to do so because of their power within the current state of affairs.

AI Eye: Get better results being nice to ChatGPT, AI fake child porn debate, Amazon’s AI reviews

There’s a very good reason to be nice to ChatGPT, Wired fires up fake AI child porn debate, AI job losses hope, how companies use AI today.

Binance dubs barred Russian banks on its platform as ‘Yellow’ and ‘Green’ cards

Despite the U.S. DOJ investigating Binance for violation of U.S. sanctions with its services in Russia, the firm has continued to promote its platform in the country.

SEC v Ripple: attorneys leave SEC side, both groups add new lawyers

Attorneys Pascale Guerrier, Richard Best and Robert MacDonald Moye representing the U.S. SEC in its ongoing lawsuit against Ripple have withdrawn from the case.

Binance to halt crypto debit card in Latin America and the Middle East

Binance didn’t reveal the exact reason behind the suspension but claimed it would only impact 1% of users in the mentioned region.

UK considers blanket ban on crypto investment cold calls

The UK Treasury released a consultation paper to understand the grassroots-level impact of a blanket ban on cold calls related to financial services and products.

Tornado Cash indictment fails to show 'clear violation' of certain laws: Coin Center

Coin Center research director Peter Van Valkenburgh argued that crypto mixer Tornado Cash is an anonymizing software provider, not a money transmitter.

Crypto entrepreneur faces potential prosecution in Israel related to $290M scam: Report

The police force of Israel reportedly recommended to prosecutors that Moshe Hogeg be charged with fraud, theft, money laundering, and sex crimes.

Tornado Cash co-founders charged with money laundering, sanctions violations

Roman Semenov was placed on OFAC's sanctioned persons list and Roman Storm was arrested as the United States continued its crackdown on the crypto mixer.

Sam Bankman-Fried can meet with lawyers outside of jail with 48 hours’ notice, says judge

Judge Lewis Kaplan said the order was in line with the accommodations for access to discovery materials the U.S. government proposed for the former FTX CEO on Aug. 18.

Bitstamp halts ETH staking in the United States

The crypto exchange is ending staking services for U.S.-based users on Sep. 25; the decision comes a few weeks after Bitstamp halted trading for seven altcoins in the country.

Sam Bankman-Fried’s lawyers argue previous FTX legal team led him to act 'in good faith'

The filing surrounding the legal strategy followed an all-day session between SBF and his lawyers on Aug. 22 outside of jail, which was granted by a judge on a one-time basis.

Thailand’s next prime minister Srettha Thavisin has crypto history

Sansiri, one of the largest real estate firms in Thailand, once had Srettha Thavisin as CEO. The firm is known for backing crypto projects like XSpring.

Recursive inscriptions: Bitcoin ‘supercomputer’ and BTC DeFi coming soon

Recursive inscription proponents claim the tech can bring DeFi to Bitcoin, create an on-chain AWS competitor — and even a BTC “supercomputer.“

EU Data Act smart contract ‘kill switch’ brings uncertainty

EU lawmakers have reached a political consensus on the Data Act that has a “kill switch” for smart contracts, causing an uproar in the crypto community.

Atomic Wallet faces lawsuit over $100M crypto hack losses: Report

Plaintiffs in a new class action suit against the hacked crypto wallet Atomic Wallet say the firm didn't share any information about the hack with clients, and didn't report it to the police.

FBI flags 6 Bitcoin wallets linked to North Korea, urges vigilance in crypto firms

Although the likes of Lazarus Group have stolen billions of dollars worth of crypto, the public ledger technology makes it difficult for them to launder funds, as they can be tracked and frozen.

Sam Bankman-Fried is low on meds, living on $3 peanut butter in prison

Lawyers representing the former FTX CEO say he's being served a “flesh diet” in prison even though he's vegan, and has been subsisting on bread, water and peanut butter.

Binance.US taps MoonPay as banking alternative to regain USD ramps

After having its banking ties slashed, crypto exchange Binance.US has revived its U.S. dollar on-ramp through a new partnership with MoonPay.

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