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In the fraud trial of Sam Bankman-Fried, prosecutors have requested the judge to inform the jury that the defendant's assertion that he is an effective altruist should not serve as a legitimate defense. Bankman-Fried faces allegations of misappropriating billions of dollars from FTX customers for personal purposes, such as political
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A third-party entity named "Eeon" has stepped forward to intervene in the case, representing the interests of Binance's customers regarding the lawsuit filed by the United States Securities and Exchange Commission (SEC) against Binance.As stated in the filing with the District Court for the District of Columbia, Eeon claims that
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Top Stories This Week US SEC deems spot Bitcoin ETFs filings as inadequate There may be a longer wait for a spot Bitcoin exchange-traded fund (ETF) in the United States, as the Securities and Exchange Commission labeled investment managers’ recent
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There may be a longer wait for a spot Bitcoin exchange-traded fund (ETF) in the United States as the Securities and Exchange Commission (SEC) labeled investment managers' recent applications inadequate.According to the Wall Street Journal, the securities regulator told the Nasdaq and the Chicago Board Options Exchange (Cboe) that their
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At issue, the story continued, is that the filings didn't have enough detail with respect to the “surveillance-sharing agreements," including which spot bitcoin exchange would be used. The asset managers can update their applications and refile, and the CBOE indicated to the WSJ that it plans to do so. Original Source
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The Information Commissioner’s Office (ICO) has issued a reprimand to the Metropolitan Police Service (MPS) following several issues identified around their uploading, amending and deleting of various criminal intelligence files relating to Organised Crime Groups (OCG). The breach is
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Stablecoin issuer Tether has hit back at a Wall Street Journal article that claimed its balance sheet comprised of "unsafe assets." Original Source
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The United States Securities and Exchange Commission, or SEC, has announced that it has settled charges against Nvidia — the company behind graphics cards used by many crypto miners — in regards to “inadequate disclosures.”In a Friday announcement, the SEC said that Nvidia failed to disclose that mining cryptocurrencies was
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This is an opinion. California Governor Gavin Newsom passed the Kobe Byrant Law in September after it was revealed that LA County Sheriffs spread photos of Kobe Bryant’s dead body. The law made it a misdemeanor for first responders to take unauthorized photos of a crime scene. Today, the husband of one of
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