South Korean financial regulators accused Delio of fraud and embezzlement and seized its assets in July earlier this year.
Decentral Block Post
Stoner Cats NFTs 'fan crowdfunding' not securities: SEC's Peirce, Uyeda
SEC commissioners Hester Peirce and Mark Uyeda described the NFT sales as a "common phenomenon" in the world of creators.
Coinbase CEO champions DeFi, calls for court action to set legal precedent
Coinbase CEO Brian Armstrong cautioned the United States Commodities and Futures Trading Commission (CFTC) to avoid taking enforcement actions against (DeFi) protocols.
Californian lawmaker proposes legislation to protect actors from AI clones
Californian Assembly Member Ash Kalra labeled the bill as a “common sense requirement” to help protect the work of actors, artists and entertainers.
Toughen up. Mt. Gox's ex-CEO only had a ‘little calculator’ to prepare for trial
Mark Karpelès was seemingly drawing parallels to Sam Bankman-Fried's recent antics, claiming to have gotten through 20,000 pages of evidence in pre-trial detention with only a "simple calculator."
Alibaba launches its ChatGPT-like AI model for public use amid loosening restrictions in China
The launch comes just weeks after Chinese authorities began accepting applications for public-facing AI systems.
Court approves sale of FTX digital assets
Assets will be sold off weekly, with special handling for BTC, ETH and "insider-affiliated tokens."
EU parliament votes overwhelmingly in support of DAC8 crypto tax reporting rule
The measure received 535 votes for with 57 against and 60 abstentions in a plenary session.
SEC charges company behind Stoner Cats NFT series with unregistered securities sale
The animated series, accessible only to NFT holders, had a cast that included Vitalik Buterin, Gary Vaynerchuk and Hollywood A-listers.
Huobi’s new name HTX raises community eyebrows
Huobi’s new name HTX stands for exchange, the blockchain project Tron and the company’s 10th anniversary.
Are DAOs overhyped and unworkable? Lessons from the front lines
Many contend that DAOs have failed to deliver on their promises, but developers are coming up with novel solutions.
Adobe, IBM, Nvidia join US President Biden's efforts to prevent AI misuse
Adobe, IBM, Nvidia and five other companies have joined the initiative, unveiled in July, aimed at preventing the misuse of AI's capabilities for harmful purposes.
US 'the only country' crypto startups should avoid, says Ripple CEO
Brad Garlinghouse said Singapore, the U.K., the UAE and Switzerland are jurisdictions with “smart” crypto policies he thinks the U.S. should adopt.
Rep. Tom Emmer reintroduces anti-CBDC bill to Congress
The bill would limit the Fed from issuing a CBDC which Tom Emmer called a surveillance tool that would "undermine the American way of life."
SBF’s lawyers want to quiz jurors on crypto, altruism and ADHD
U.S. prosecutors, meanwhile, want to ask prospective jurors their beliefs on how cryptocurrency should be regulated.
Bankman-Fried's request for temporary release denied amid upcoming trial
Lack of internet access and time pressures were insufficient grounds to grant Bankman-Fried's temporary release, according to Judge Kaplan.
Gary Gensler confirms SEC’s use of AI for financial surveillance
The chair’s comments came in response to a query from Sen. Catherine Cortez Masto during a Senate oversight hearing.
OneCoin co-founder Greenwood gets 20 years in US jail for fraud, money laundering
Karl Greenwood will also have to pay back the $300 million he made in commissions in the OneCoin pyramid scheme.
Petition hopes to stop US government agencies from using Chainalysis’ forensics
According to the petition on Change.org, Chainalysis’ unproven technology can lead to an assortment of privacy violations.
Bitcoin ETF optimist and Worldcoin skeptic Gracy Chen: Hall of Flame
Gracy Chen is managing director of crypto exchange Bitget and judge of Web3 reality show Killer Whales.