Tuesday, October 21, 2025
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Objections Raised Over Appointment of Sullivan & Cromwell as Debtors’ Counsel for FTX – Bitcoin News

On Friday, bankruptcy judge John Dorsey approved the law firm Sullivan & Cromwell (S&C) to be appointed as the debtors’ counsel for FTX, despite an objection from Daniel Friedberg, a former FTX US compliance officer. During a Zoom presentation, Friedberg claimed there was a conflict of interest between former and

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Biden’s pick for Fed vice chair for supervision withdraws amid Republican objections

Former Federal Reserve Board governor Sarah Bloom Raskin has withdrawn her name for consideration as the central bank’s vice chair for supervision in an attempt to allow other nominations to move forward.According to a Tuesday tweet from Washington Post journalist Seung Min Kim, Raskin sent a letter to U.S. President

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Russian Government Introduces Crypto Bill to Parliament Over Central Bank Objections

The announcement highlights the policy split with the Bank of Russia, which opposes regulation and would rather see cryptocurrency trading and mining banned. The central bank, which has been pushing forward the pilot of its central bank digital currency, the digital ruble, has suggested punishing crypto trading and issuance with

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