Thursday, November 21, 2024
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CZ challenges US gov’t attempt to restrict travel before sentencing date

Former Binance CEO Changpeng "CZ" Zhao has opposed the United States government's efforts to block his return to the United Arab Emirates (UAE) to be with his family while awaiting sentencing following his guilty plea.In a court filing on November 23, Zhao’s lawyers urged the judge to reject the proposed

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FTX Sues Bybit in Attempt to Recover $953M Withdrawn Prior to Chapter 11 Filing

FTX management has been trying to recover funds from multiple sources including beneficiaries of donations made by the firm and its former CEO Sam Bankman-Fried. FTX bankruptcy advisors have sued cryptocurrency exchange ByBit Fintech Ltd in an attempt to recover funds withdrawn prior to its collapse. According to a Bloomberg report,

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Lazarus used ‘KANDYKORN’ malware in attempt to compromise exchange —Elastic

Lazarus Group used a new form of malware in an attempt to compromise a crypto exchange, according to an October 31 report from Elastic Security Labs. Elastic has named the new malware “KANDYKORN” and the loader program that loads it into memory “SUGARLOAD,” as the loader file has a novel

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Judge in SBF’s criminal case proposes gag order, citing attempt to ‘influence public opinion’

The federal judge overseeing the criminal case against former FTX CEO Sam Bankman-Fried (SBF) has proposed an order preventing all involved parties and their attorneys from largely contacting the media.In a July 24 letter filed with United States District Court for the Southern District of New York, Judge Lewis Kaplan

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