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With the United States lacking an extradition treaty with the UAE, Seattle Judge Richard Jones ordered that CZ must remain with the country for the time being before he determines where the crypto billionaire is a flight risk. Despite pleading guilty to all charges and paying a hefty bond to reassure
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Changpeng “CZ” Zhao, who pleaded guilty to one felony charge as part of a settlement with the United States Department of Justice involving crypto exchange Binance, may not be permitted to leave the country as he awaits sentencing.According to a Nov. 27 filing in U.S. District Court for the Western
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Bitcoin (BTC) briefly surpassed the $37,000 mark for the first time in 18 months as the wider markets reflect optimism over the pending approval of spot BTC exchange-traded funds in the United States.Data from a number of cryptocurrency market platforms, including Cointelegraph Markets Pro and TradingView, showed BTC/USD hitting $37,073
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The recent work stoppage by the United Auto Workers (UAW) union impacted the company’s ability to meet its financial targets. On Thursday, October 26, Ford Motor Co (NYSE: F) reported its Q3 2023 earnings while missing Wall Street expectations. The company has been restructuring its operations and regrouping after the conclusion
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Under the Act, companies building and deploying AI models would need to perform risk assessments and label AI-generated content. European Union (EU) negotiators are reportedly discussing placing additional restrictions on large artificial intelligence (AI) models as part of the upcoming AI Act. According to a Bloomberg report, representatives from the European
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A former manager at nonfungible token marketplace OpenSea sentenced to three months in prison for insider trading has opted to serve the sentence while his appeal is pending.On Sept. 6, Nathaniel Chastain’s lawyers filed a letter with a New York District Court informing the judge that Chastain decided to withdraw
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Six major asset managers, including Grayscale and VanEck, have filed fresh applications in a bid to launch Ether (ETH) futures exchange-traded funds (ETF) to United States customers.Separate filings submitted to the U.S. Securities and Exchange Commission reviewed by Cointelegraph outline respective applications from the likes of Grayscale, VanEck, Bitwise, Volatility Shares, ProShares
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The Eighth Judicial District Court of Nevada has granted a petition from the state’s Financial Institutions Division (NFID) placing crypto custodian Prime Trust into receivership, pending a hearing to show cause. In a July 14 filing, the Nevada court ordered the appointment of a receiver for Prime Trust following a June
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In response to a series of transaction issues that raised concerns about the Multichain (MULTI) protocol, leading crypto exchange Binance has temporarily suspended deposits for 10 bridged tokens as of May 25. Affected token pairs include polkastarter
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