Wednesday, February 8, 2023
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Crypto firms could face 2 years jail for breaching UK advertising laws

Newly proposed advertising rules in the United Kingdom could potentially see executives of crypto firms face up to two years of prison for failing to meet certain requirements around promotion, according to the U.K. financial watchdog. In a Feb. 6 statement, the U.K. Financial Conduct Authority (FCA) revealed that if the

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debtors face ‘assault by Twitter’ stemming from Sam Bankman-Fried

James Bromley, one of the lawyers representing debtors in FTX’s bankruptcy case, has criticized social media activity against his law firm promulgated by posts from former CEO Sam Bankman-Fried.In a Jan. 20 hearing in the District of Delaware, lawyers spoke on motions dealing with potential conflicts of interest between Sullivan

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Mango Markets Hacker Arrested in Puerto Rico to Face Fraud Charges

Eisenberg was arrested by the DOJ because the regulator believes no act of market manipulation can be justified by law.Authorities from the United States have arrested Avraham Eisenberg, the alleged hacker of the Mango Markets Decentralized Exchange (DEX). According to a report by The Block, Federal prosecutors from the Justice

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SBF signs extradition papers, set to return to face charges in the US

Sam Bankman-Fried, the jailed founder of the FTX cryptocurrency exchange has reportedly signed papers on Dec. 20 waiving his extradition hearing in the Bahamasand see him flown to the United States to face multiple criminal charges.A hearing in the Bahamas Supreme Court was set for Dec. 21 regarding the matter.

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FTX’s Bankman-Fried to face market manipulation probe, Do Kwon chimes in

United States federal prosecutors have reportedly begun investigating whether the collapse of the Terra ecosystem was in fact triggered by market manipulation tactics by former FTX CEO Sam Bankman-Fried.According to a Dec. 7 report from The New York Times (NYT), the prosecutors — as part of a broader inquiry into

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