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In early May, Bankman-Fried filed pretrial motions to dismiss most charges levied against him by U.S. prosecutors, with his defense arguing procedural issues, the irrelevance of some U.S. laws given FTX's non-U.S. location, and that the charges exceeded the agreed extradition terms. The motions did not seek to dismiss securities
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"As alleged in the complaint, Genesis then exercised its discretion in how to use investors’ crypto assets to generate revenue and pay interest to Gemini Earn investors," the SEC said in its complaint. Genesis, like CryptoX, is owned by the Digital Currency Group (DCG). Source
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Amid growing concerns of a potential default by early June, the United States president Joe Biden and Republican Kevin McCarthy have reportedly reached an "agreement in principle" to raise the federal government's $31.4 trillion debt ceiling.According to a May 28 report from Reuters, citing two sources familiar with the negiotations, the "tentative"
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“Since the time I wrote Woke, Inc.,” Ramaswamy explained, “DeSantis has studied it and he has adopted many of the proposals as his own, and I think that's a good thing. I'm not sure he has the same understanding of it that I do, be it central bank digital currencies
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Open source software isn’t property, and current sanctions laws are ill-equipped to handle this, lawyers argue. Original Source
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Strike, Coinbase and others have intimated they may leave the United States due to regulatory pressure. But those may be empty threats. Original Source
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The company established a headquarters in El Salvador for its global entity as it expanded its app to more than 65 countries last week. Original Source
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Cathie Wood also referenced last year's dramatic collapse of crypto exchange FTX, saying it "proved the concept" of bitcoin Source
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The Binance-hosted wallets received more than $2 million worth of various cryptocurrencies that were then sent on to North Korean entities, OFAC alleged Original Source
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Yes, disclosures are in order. However, there are some disclosures that don’t apply, as well as things you might want to know about a digital asset that wouldn’t be included in current disclosure requirements. For example, MiCA requires that projects disclose the type of blockchain consensus mechanism they use, and
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