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The United States Attorneys’ offices has announced another superseding indictment against former FTX CEO Sam Bankman-Fried (SBF) which will include considering an allegedly illegal campaign finance scheme.In an Aug. 8 letter to Judge Lewis Kaplan, U.S. Attorney Damian Williams said the Department of Justice plans to pursue seven charges against
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"And as part of the originally charged money laundering scheme, the defendant also concealed the source of his fraudulent proceeds through political straw donations," the DOJ said. "As the Government will outline in its forthcoming motions in limine, the evidence of the defendant’s campaign finance conduct is admissible at trial
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"Officially, my campaign is accepting bitcoin," Suarez said. "This is a process of developing technologies that are going to create democratizing opportunities for wealth creation and are not manipulated by a human being's ulterior motives, political goals, etc." he said. Source
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Shiba Inu lead developer Shytoshi Kusama has responded to Coinbase’s Onchain Summer campaign. Kusama suggested that the crypto exchange’s campaign appeared to have similarities with the ideas initially presented by the Shiba Inu community.Kusama responded to Coinbase’s CEO Brian Armstrong’s update with the statement, “If it isn’t a shadowcat, it’s
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Bankman-Fried is currently set to go on trial on Oct. 2 on seven different charges, including conspiracy to commit wire fraud and wire fraud, conspiracy to commit securities fraud and conspiracy to commit money laundering. He is then set to go on trial again in March of next year on
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"The Government has been informed that The Bahamas notified the United States earlier today that The Bahamas did not intend to extradite the defendant on the campaign contributions count," the DOJ letter said. "Accordingly, in keeping with its treaty obligations to The Bahamas, the Government does not intend to proceed
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MiCA, which lets wallet providers and exchanges operate across the EU with a single license, “will allow this sector to go to the next gear in terms of regulatory requirements,” said Marie-Anne Barbat-Layani, adding that France’s Financial Markets Authority (AMF), the regulator which she chairs, is “resolutely open to innovation.” Source
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Ryan Salame, who was FTX's co-chief executive of its Bahamas-based unit, is being investigated for potentially illegally avoiding federal limits on contributions to Michelle Bond's campaign for the Republican primary for New York's 1st congressional district, according to the report, citing people familiar with the matter. Source
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Prosecutors in New York are reportedly looking into former FTX Digital Markets co-CEO Ryan Salame for potential violations of campaign finance law in the United States.According to a July 11 report from The New York Times, Salame and his girlfriend Michelle Bond — a Republican candidate who ran to represent
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The financial watchdog conducted inspections in conjunction with the South West Regional Organized Crime Unit and the police forces of Greater London, Bedfordshire and Hertfordshire. Source
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