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A federal judge overseeing the criminal case against Sam Bankman-Fried, also known as "SBF," will reportedly consider revoking the former FTX CEO’s $250 million bail based on allegations of intimidation against Caroline Ellison. In a July 26 hearing in United States District Court for the Southern District of New York, individuals
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Approval management platform Revoke has issued a fix aimed at mitigating a new crypto scam, which involves baiting crypto users into revoking “fake approvals” and then stinging them with excessively high transaction fees. On July 9, Revoke.cash stated that it had received reports of people seeing unknown approval transactions in their
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The High Court decided against the bail approval after it found the Basic Court did not sufficiently assess the the value of the defendant's property, saying the lower court could not accept the value of defendants' property "based on their statements, but only concrete evidence," that was, in this instant,
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According to local news outlet gynews.kr, the Seoul Southern District Prosecutors' Office's Joint Financial Securities Crime Investigation Team says it will be contacting the country's Ministry of Foreign Affairs to nullify the passports of Terra Luna co-founder Do Kwon and five other project developers. Prosecutors also plan to contact Interpol
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.This past week, cross-bridge protocols became the center of DeFi discussions as a new report showed RenBridge was used to launder $540 million in stolen
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Juno is part of Cosmos, an ecosystem of blockchains that are purpose-built to interoperate, meaning they can easily communicate and recognize some of the same on-chain assets. In February, a few months after the Juno blockchain was introduced, its creators used a familiar tactic – an airdrop, or giveaway, of
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Matis Mäeker, who was appointed head of Estonia’s anti-money laundering government agency, believes Estonia should scrap its current crypto regulations and start again, he said in an interview with the local news outlet Eesti Ekspress.Estonia has been known among crypto entrepreneurs as a friendly jurisdiction and getting a license there
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Thailand’s Securities and Exchange Commission (SEC) has temporarily suspended the services of the local branch of crypto exchange Houbi and recommended revoking its operating license with the Ministry of Finance. With the suspension in place, Huobi has been given three months to return all assets to its clients.Huobi, which is
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