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Uncertainty over an SEC appeal continues to hurt XRP
23.1.2024
An unsettling atmosphere pervaded the SEC courtroom due to XRP’s disadvantages. This is due to the uncertainty surrounding the SEC’s potential appeal of the XRP programmatic sales order. On Monday, XRP decreased by 3.62% as a result. After a previous decline of 1.23%, XRP was valued...
Tokenized Real-World Assets: An Appealing Portfolio Diversification Strategy for Modern Investors – Zaid Ismail
15.1.2024
Despite recently garnering much of the world’s attention, traditional exchange-traded funds (ETFs), including spot bitcoin ETFs, are still inferior to tokenized real-world assets (RWA), according to Zaid Ismail, the COO at the future-proof blockchain Mintlayer. The Appeal of Tokenized Real-World...
Former FTX CEO Sam Bankman-Fried Retains New Counsel, Files Notice in Federal Court Ahead of Sentencing
10.1.2024
Source: A Video Screenshot, YouTube / CBS News Former FTX CEO Sam “SBF” Bankman-Fried has informed the federal court that he has retained new counsel ahead of his sentencing hearing for seven criminal charges. Additionally, SBF’s legal team submitted a sealed document indicating...
7RCC Applies for an ESG-focused Spot Bitcoin ETF
19.12.2023
Source: iStock/pichet_w Asset manager 7RCC has formally submitted a spot Bitcoin exchange-traded fund (ETF) application focused on environmental, social, and governance (ESG) principles to the Securities and Exchange Commission (SEC). As detailed in the proposal filed on December 18, the ETF...
Montenegro Court Officially Revokes Extradition Approval For Do Kwon
19.12.2023
Source: Reuters The Appellate Court of Montenegro has accepted an appeal by Do Kwon’s attorneys – revoking the High Court’s decision to extradite the Terraform Labs’ founder to either South Korea or the USA. Therefore, the Appellate Court has annulled the decision of...
Polygon (MATIC) Co-founder Jordi Baylina Has Bullish Outlook for 2024 – Everlodge (ELDG) to Disrupt $280T Market
14.12.2023
The Polygon (MAITC) crypto has seen an increase in appeal and activity as its ecosystem could see a massive surge in activity during the upcoming year, based on an official announcement by its co-founder. Everlodge (ELDG) is also capturing a significant level of attention, as it will introduce...
Bitcoin Miners Profit as Fees Reach $60M; Rising Interest in Rebel Satoshi Captivates Whales
13.12.2023
In the dynamic world of cryptocurrencies, Bitcoin miners are experiencing a significant rebound, with profits reaching $60 million, highlighting Bitcoin’s enduring appeal. In parallel, the crypto community is witnessing a surge in interest in Rebel Satoshi, a new memecoin, attracting...
Traders Shift from Shiba Inu and Pepe to this P2E Memecoin – Find out Why
6.12.2023
TLDR NuggetRush stands out for its unique blend of meme and utility (P2E). It is tipped for a 70x upside by analysts. Its low token supply, 50 million, contributes to its appeal. The memecoin ecosystem isn’t short of promising tokens. Examples are Pepe (PEPE) and Shiba Inu (SHIB). However,...
Terra Founder Do Kwon Appeals Against Extradition to South Korea and US
6.12.2023
Source: Terra / YouTube Terraform Labs co-founder, Do Kwon, has officially filed an appeal against the extradition decision of the High Court in Montenegro. On December 6, the Montenegrin Court of Appeal confirmed that Kwon Do-hyung submitted an appeal, expressing his refusal to accept...
SBF Decides Against Filing Post-Trial Motions, Shifts Focus to Appeal
4.12.2023
The lawyers of disgraced FTX founder, Sam Bankman-Fried, have decided to not file any post-trial motions following his fraud conviction on November 2nd, according to a letter filed by his attorneys on December 1st. SBF’s potential appeal “After further consideration, we have decided not to file...
Court Upholds Detention of Ex-FTX CEO Sam Bankman-Fried, Deeming Release Arguments ‘Unpersuasive’
24.11.2023
As Sam Bankman-Fried’s legal representatives gear up to appeal the ex-FTX chief’s recent verdict, they have requested the court for his provisional release from the Metropolitan Detention Center in Brooklyn, New York. Upon examination of Bankman-Fried’s claims, a clerk from the court...
Bitcoin Price Prediction as BTC Rises Above $37,000 Amid Market Optimism – Is the Bull Market Back?
23.11.2023
In the ever-evolving landscape of digital currencies, Bitcoin (BTC) has once again taken center stage, breaking past the $37,000 threshold amid a wave of market optimism. This recent surge is a testament to the cryptocurrency’s enduring appeal, as it edges closer to the pivotal $40,000 mark...
Appeals court rejects Sam Bankman-Fried’s bid for release
23.11.2023
The court cited Sam Bankman-Fried’s alleged witness tampering as the main grounds for rejecting his release bid
Bithumb’s Ex-Chair Faces Eight-Year Jail Term as Prosecutors File Appeal
17.11.2023
source: gesrey/Adobe South Korean prosecutors have filed an appeal in the alleged fraud case involving Lee Jeong-hoon, the former chair of local cryptocurrency exchange Bithumb. According to the report from Seoul Economic Daily, prosecutors are once again advocating for an eight-year jail term...
Do Kwon’s Appeal in Document Forgery Case Rejected by Montenegro High Court
16.11.2023
Disgraced Terraform Labs founder Do Kwon’s appeal in his document forgery case has been rejected by a High Court in Montenegro. Judge finds Kwon’s appeal based on “unfounded” claims According to a statement by the High Court of Podgorica, claims made in the appeal by Do Kwon and his co-conspirator...
Web3 Visionary Alex Tapscott Discusses Blockchain’s Road to Mass Appeal – Here’s What You Need to Know
16.11.2023
Source: Adobe / Exotic Escape In a recent podcast interview, Web3 advocate and author Alex Tapscott shared insights into the future of blockchain and its journey towards mass adoption. A visionary who is known as the author of several blockchain, Tapscott discussed the technology’s potential...
Court ends frivolous Tether-Bitfinex suit, No appeal
16.11.2023
The US District Court for the Southern District of New York recently had Judge Laura Taylor Swain rule on a class action suit against the Tether and Bitfinex firms’ alleged wrongdoings. The court ruled that despite considering the matter carefully, there was no evidence to support Shawn Dolifka’s...
Do Kwon's Appeal in Fake Passport Case Denied by Montenegro High Court
16.11.2023
The founder of Terraform Labs was sentenced to four months in prison, and faces extradition following the completion of his sentence
Tornado Cash Users Appeal Court Ruling Backing Treasury Department’s Sanctions
15.11.2023
Source: Pixabay The plaintiffs in the case against the United States Treasury Department’s sanctions over the popular cryptocurrency mixer Tornado Cash are dissatisfied with the ruling of the court. A group of five Tornado cash users has filed an appeal against the judgment of the US District Court...
Tornado Cash users file appeal over judgment in favor of US Treasury
14.11.2023
The six individuals, supported by crypto exchange Coinbase, have taken a case involving the U.S. Treasury sanctioning Tornado Cash to federal appellate court