Artist Nelson Saiers’ “Rug Pull” highlighted the victims of crypto rug pulls and perceived SEC inaction in safeguarding investors.
Decentral Block Post
SBF seeks to probe FTX lawyers’ roles in $200M Alameda loans
Sam Bankman-Fried’s legal team is seeking permission to cross-examine Gary Wang over FTX lawyers' involvement in Alameda loan approvals.
Cyprus to tighten crypto regulations in accordance with FATF
The Ministry of Finance intends to amend the existing Prevention and Suppression of Money Laundering Law.
Sam Bankman-Fried just like Bernie Madoff, Cardano founder says
Charles Hoskinson likened SBF to Bernie Madoff the mastermind behind the largest Ponzi scheme in history, and says the media is giving him a 'free pass'.
Binance users in Hong Kong lose $450K in wave of fraud texts: HK police
Hong Kong police have issued a warning concerning a recent Binance phishing scam, targeting Hong Kong users of the platform.
Pro-crypto RFK Jr. leaves Democrats to campaign for U.S. president as independent
Robert F. Kennedy Jr. is starting his presidential candidacy as an independent with a strong showing of 19%, according to the super PAC supporting him. That’s far behind Biden and Trump.
Brazilian securities regulator plans sandbox for tokenization in 2024
Daniel Maeda with Brazil's CVM said during Rio Innovation Week the regulator plans to explore a regulatory sandbox for use cases of tokenization potentially starting in 2024.
Judge sides with Ripple again, denies SEC appeal: Law Decoded
Crypto lawyers are seemingly divided over the significance of a court order to dismiss the SEC’s motion.
Astrology NFT project ‘Lucky Star Currency’ rugged for over $1m - Certik
The deployer account for LSC drained over $1 million in tokens from the project, then swapped them to BUSD using PancakeSwap.
EU mulls more restrictive regulations for large AI models: Report
Negotiators in the EU are reportedly considering additional restrictions for large AI models - like OpenAI’s GPT-4- as a component of the forthcoming AI Act.
Ukraine rolls out AI regulation roadmap
The roadmap is based on a bottom-up approach that suggests providing businesses with tools to prepare for future requirements before adopting any laws.
Binance, OKX to comply with new financial promotions rules in UK
Crypto firms such as Binance, OKX and MoonPay have announced they've been working to comply with the United Kingdom’s new financial promotion rules.
Huobi, KuCoin, over 140 crypto exchanges ‘non-authorized’ — UK regulator
The FCA’s list of registered crypto asset providers includes 42 entities and hasn’t changed since August.
Sam Bankman-Fried $500M Anthropic stake irrelevant to case, prosecutors say
United States prosecutors argue that the potential for FTX investors to be made whole through the high valuation of Anthropic cannot be presented by Sam Bankman-Fried’s legal team.
US consumer watchdog mulls applying e-banking laws to crypto
The head of the U.S. financial consumer watchdog says it’s looking to issue guidance on how crypto could fall into electronic fund transfer laws.
FTX used Python code to fake its insurance fund figure: Gary Wang
FTX’s so-called “Backstop Fund” figure was a big lie, according to the former chief technology officer of the crypto exchange
Bitcoin is a ‘super logical’ step on the tech tree: OpenAI CEO
During an episode of The Joe Rogan Experience, Altman expressed his excitement for Bitcoin and also said he was “super against” CBDCs.
SBF trial underway, Mashinsky trial set, Binance’s market share shrinks: Hodler’s Digest, Oct. 1-7
Sam Bankman-Fried trial is underway, Alex Mashinsky trial data is set, and Binance’s market share shrinks.
House Republicans urge tighter export controls on advanced chips
The letter follows the unveiling of Huawei Technologies’ Mate 60 Pro smartphone, which incorporated advanced chips manufactured by China’s Semiconductor Manufacturing International Corporation.
Sam Bankman-Fried ordered 'special privileges' for Alameda account on FTX — Gary Wang
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.