Friday, April 26, 2024
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FTX Unveils Details of Past Sponsorship Deals in Recent Court Filing

According to the filing, the payments in question are characterized as “certain prepayments related to various advertising and sponsorship agreements, security deposits, retainers, and other miscellaneous deposits and prepayments.”  In a recent court filing, the current management of the defunct FTX Derivatives Exchange has shed light on the intricate web of

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FTX Founder’s Planned Defense is ‘Irrelevant’ Without More Details, DOJ Argues

“The Court should preclude irrelevant, confusing, and prejudicial questioning, evidence, and arguments about the involvement of attorneys” if no further details are provided, U.S. Attorney Damian Williams said in the filing, arguing Bankman-Fried should specify the legal advice or abandon his proposed defense. Source

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FTX, BlockFi Customer Details Compromised Due to Kroll Data Hack

Kroll, which did not immediately respond to a request for comment from CoinDesk, is a bankruptcy service provider for numerous companies, not just in the crypto sector. Kroll’s website also promotes a cybersecurity consultancy service, involving “elite cyber risk leaders uniquely positioned to deliver end-to-end cyber security services worldwide.” Original Source

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SEC finds spot bitcoin ETF applications lacking in details

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The U.S. Securities and Exchange Commission (SEC) has reportedly found recent applications for spot Bitcoin exchange-traded funds (ETFs) wanting in specificity, despite filings from major players like BlackRock and Fidelity. The United States Securities and Exchange Commission

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