What's Next for Sam Bankman-Fried's Legal Case?
The story of "United States v. Sam Bankman-Fried" isn't quite over yet. Now that he's been found guilty on seven different charges, a few different things are going to happen. Source
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Bitcoin’s Bullish Case Gets Stronger After NFP Data, Crypto Derivatives Expert Says
Supporting the case for continued upside in bitcoin is the dwindling volatility in the U.S. stock and bond markets. The S&P 500 VIX indicator has tanked from 21.13 to 14.19 in the past five trading days, while the MOVE index, an options-based measure of volatility in the Treasury bond market,
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What awaits crypto after the Bankman-Fried’s case
Sam Bankman-Fried’s conviction may signal a turning point, ushering in stringent regulations and a new era of transparency in the crypto world. On Nov. 2, a jury found FTX founder Sam Bankman-Fried guilty of all criminal charges. Judge Lewis Kaplan of the Southern District of New York will hand down the
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U.S. attorney says Sam Bankman-Fried’s fraud case is “old as time”
Following Sam Bankman-Fried’s conviction, a U.S. attorney said that the former FTX fraud case is “as old as time,” adding that the government is ready to deal with fraudsters who believe they are untouchable and beyond prosecution. The founder and former CEO of the collapsed crypto exchange FTX, who used to
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US SEC Files Motion for Summary Judgment in Do Kwon Case
The legal battle surrounding Terraform Labs is not without controversy. Terra co-founder Daniel Shin’s lawyer has blamed the “unreasonable operation of the Anchor Protocol and external attacks carried out by Do-hyung Kwon” for the Terra ecosystem’s collapse. The United States Securities and Exchange Commission (SEC) is not backing down in its
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U.S. SEC pursues summary judgment in case against Do Kwon and Terraform Labs
The U.S. Securities and Exchange Commission (SEC) is demanding a summary judgment on all claims against Do Kwon and Terraform Labs following alleged breaches. The agency also seeks to forego a full trial due to a clear set of undisputed facts in its lawsuit. It argues that the pooling of funds in a
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SEC seeks summary judgment in Do Kwon and Terraform Labs case
The United States Securities and Exchange Commission (SEC) has refuted the jury’s conclusion regarding Terraform Labs’ alleged violations and has demanded a summary judgment on all the claims. A court filing from Oct. 27 showed the SEC’s reluctance to accept the jury’s leniency on Do Kwon and his involvement in facilitating
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The Case Against Sam Bankman-Fried
Listening to the competing attorneys, it's not hard to see where the defense's key issues might be. Though the burden of proof is on the prosecution, the DOJ does have a very simple narrative: Bankman-Fried knowingly and willingly misappropriated customer funds, lied about it, spent the funds on all sorts
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Ripple’s legal chief questions SEC case losses under Gensler
Ripple chief legal officer Stuart Alderoty has expressed reservations about the recent string of legal defeats suffered by the United States Securities and Exchange Commission during Gary Gensler’s tenure. These remarks follow another setback for the SEC in the Fifth Circuit Court after Ripple’s victory in the XRP lawsuit in
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Crypto at the Center of $300M Fraud Case in China
21 people were sentenced in a case involving converting 'dirty' USDT to RMB. Original Source
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