The long awaited trial of former FTX CEO Sam Bankman-Fried gets underway on Oct. 4 - here’s what you need to know.
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Coinbase crypto exchange obtains payment license in Singapore
The new MPI license comes one year after Coinbase’s initial in-principle approval in Singapore, enabling it to expand digital payment token services.
FTX founder mulled giving Trump $5B not to run for president, says author
“That only shocks you if you don’t know Sam,” says author Michael Lewis regarding the revelation in his new book about Sam Bankman-Fried.
Effective altruism fueled SBF’s ‘ridiculous’ actions at FTX: Ex-Alameda engineer
"No sane person would make those decisions,” says a former engineer at Alameda Research about what ultimately led to the collapse of Sam Bankman-Fried's crypto empire.
DOJ readies witnesses in Bankman-Fried trial, spotlight on FTX assets
This initiative also encompasses their comprehension of Sam Bankman-Fried's remarks and conduct, particularly regarding FTX's asset management.
SEC initiates legal action against FTX's auditor
The SEC alleges that Prager Metis, an accounting firm engaged by bankrupt crypto exchange FTX in 2021, committed hundreds of violations related to auditor independence.
Ether futures ETFs launching, SBF trial to begin and 3AC’s Su Zhu arrested: Hodler’s Digest, Sept. 24-30
Ether futures ETFs to debut in the United States, Sam Bankman-Fried’s trial to begin and 3AC co-founder Su Zhu arrested.
Expect new crypto regulations to follow Bitcoin ETFs
Will Bitcoin ETFs attract more regulatory attention to the crypto industry? We can only hope, because many questions need to be answered.
Paradigm accuses SEC of bypassing rules in Binance lawsuit
Paradigm claimed the SEC is attempting to use the allegations in its complaint to alter the law without adhering to the established rulemaking process.
Sam Bankman-Fried's lawyer challenges US gov't proposed jury questions
Sam Bankman-Fried's lawyer asserts that the proposed questions already insinuate his guilt in fraud and money laundering.
Industry leaders and policymakers weigh in on a potential US gov’t shutdown
A U.S. government shutdown is not inevitable, but even if one lasts for just hours or days, lawmakers’ priorities on their return may not be digital assets.
CoinShares says US not lagging in crypto adoption and regulation
CoinShares, a provider of crypto exchange-traded products in Europe, is optimistic about spot Bitcoin ETFs in the United States.
FTX’s $3.4B crypto liquidation: What it means for crypto markets
Bankrupt crypto exchange FTX has been approved to liquidate nearly $3.4 billion worth of crypto assets, creating a sense of panic among crypto investors, but experts say the phased liquidation schedule will ensure market stability.
Binance Russia buyer tightlipped on owners but denies CZ involvement
Binance’s buyer in Russia, CommEx, has been developing its platform for six months and has onboarded some ex-Binance employees, the firm said.
Hong Kong and Macau police seize over $2.8M related to JPEX fraud case
One suspect was arrested while trying to destroy potential evidence with paper shredders and bleach in the bathtub of an apartment.
Circle weighs in on SEC vs. Binance case, argues stablecoins are not securities
Circle noted that assets pegged to USD are not securities, partly because users are not expecting any profit from acquiring them.
Gemini to halt operations in the Netherlands by mid-November
The company cites the inability to meet the regulators’ requirements but says it intends to return to the Dutch market.
New US bill to require firms to report off-chain transactions to CFTC
The new legislation aims to protect crypto investors from disputes, manipulation or fraud potentially stemming from transactions occuring off-chain.
French police raids Nvidia offices amid antitrust investigation: Report
The action reportedly came as a part of a general inquiry of French antitrust authorities into the cloud computing sector.
How long could Sam Bankman-Fried go to jail for?
“I think he’ll get the maximum sentence” — one lawyer predicts the former FTX CEO could look at life behind bars if convicted of all seven charges.