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Bitcoin ETFs provide an easy way for investors to put their funds into the cryptocurrency market. The crypto industry is rife with anticipation for the Securities and Exchange Commission (SEC) to approve spot Bitcoin exchange-traded fund (ETF) applications. However, the extended clamor may now have the right backing as four members
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Lawyers for FTX founder Sam Bankman-Fried have filed a new request to temporarily release him from prison to prepare for legal battles. Defense attorney Mark Cohen asked Judge Lewis Kaplan, who is presiding over the case, to grant Bankman-Fried temporary release, stating that it’s necessary to prepare his defense. Lawyers asked
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The lawyer representing Sam Bankman-Fried (SBF) in his upcoming case against the United States Department of Justice submitted a renewed request for his temporary release from jail in order to prepare for the trial.On Sept. 25, Mark Cohen requested that Judge Lewis Kaplan, who is presiding over the case, allow
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Practical realities such as the government providing the defense a list of over 50 potential witnesses, thousands of pages of material and more than 1,300 exhibits, argue for a temporary release, the lawyers said. They added that they didn't know which witnesses the government would call or in which order
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The United States Securities and Exchange Commission (SEC) has failed to win immediate access to Binance.US's software in a Sept. 18 hearing, with the judge saying he isn't “inclined to allow the inspection at this time.”The hearing was held to discuss SEC’s motion to compel Binance to hand over detailed
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Former FTX boss Sam Bankman-Fried will likely remain behind bars while until his Oct. 3 trial commences after a United States District Court judge denied his request for temporary release.Judge Lewis A. Kaplan explained on Sept. 12 that Bankman-Fried's lack of internet access in prison to prepare for his upcoming
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Binance says the SEC has no evidence to support its allegations that imply investor assets have been wrongfully diverted. Source
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Former FTX CEO Sam Bankman Fried’s lawyers have requested for a pre-trial release citing a lack of adequate internet connectivity in the federal jail. SBF’s legal team argued that poor internet connection is a hindrance in their defence preparation and leads to a loss of time.The court filing dated Sept.
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The Blockchain Association, a United States-based cryptocurrency advocacy group, has submitted suggestions for lawmakers to consider in potential legislation on the tax treatment of digital assets.In a Sept. 8 letter to U.S. Senators Ron Wyden and Mike Crapo, the Blockchain Association said lawmakers should support the Keep Innovation in America
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Former FTX CEO Sam Bankman-Fried, also known as SBF, lost an initial appeal to return to being free on bail prior to his criminal trial.In a Sept. 6 filing in the United States Court of Appeals for the Second Circuit, Clerk of the Court Catherine O’Hagan Wolfe said a circuit
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