Monday, July 14, 2025
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Top Crypto Firms Refer to ‘Major Questions’ Doctrine in Legal Battle with Regulators

Crypto firms have been using the “major questions” doctrine to defends themselves against the enforcement actions of the regulations. However, it has its own flaws in place. Over the last year, multiple firms in the crypto space have engaged with regulators on different issues. These companies have been boldly questioning

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Former Top FTX Executive Nishad Singh Takes Stand in Case Against Sam Bankman-Fried

Former FTX Head of Engineering Nishad Singh said he "learned of a hole" in FTX's finances in September 2022, two months before the exchange filed for bankruptcy. Though he noticed around $8 billion missing from Sam Bankman-Fried's company, he nevertheless "green lit" transactions, which he "implicitly" knew had to have

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China’s Central Huijin Investment Bolsters Stake in Top 4 Banks to Stabilize Stock Market amid Economic Challenges

This strategic investment, totaling around $65 million, translates to approximately 0.01 percentage point in each bank. The impact on the market was immediate and substantial, with shares of these major banks soaring between 2.43% and 4.73% in the early hours of Thursday. China’s sovereign wealth fund, Central Huijin Investment Ltd, has

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