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NYDFS calls for public feedback on proposed crypto regulatory guidance
18.9.2023
The proposals included stricter standards on risk assessments for crypto firms as well as a framework for designating token projects to the NYDFS' greenlist
Jury Selection Controversy: Prosecutors Criticize ADHD, Effective Altruism Voir Dire Questions in Bankman-Fried Trial
16.9.2023
Sam Bankman-Fried’s legal team and federal prosecutors are clashing over what can be asked of potential jurors before his trial begins next month. The defense and prosecution submitted dueling proposed questions on Thursday, with each side accusing the other of trying to inappropriately sway...
Department of Justice: Sam Bankman-Fried's Proposed Jury Questions Raise Concerns
16.9.2023
The US Department of Justice has expressed concerns over the proposed jury questions put forth by Sam Bankman-Fried, suggesting that they may be unnecessarily intrusive and potentially intended to support his defense.
In a letter addressed to Judge Lewis Kaplan of the Southern District of...
DOJ Slams Sam Bankman-Fried’s ‘Intrusive’ Proposed Jury Questions
15.9.2023
Federal prosecutors are criticizing void dire questions proposed by Sam Bankman-Fried's defense team
DOJ 'Overreaching' in Trying to Block Sam Bankman-Fried's Proposed Witnesses, Defense Says
12.9.2023
Prosecutors with the U.S. Department of Justice are trying to limit FTX founder Sam Bankman-Fried's right to a fair trial by moving to block all of his proposed expert witnesses, defense attorneys said. The DOJ, for its part, said the defense mischaracterized a proposed prosecution witness's...
CFTC Commissioner Proposes ‘First-Ever’ US Pilot Program for Crypto Regulation
9.9.2023
A commissioner with the Commodity Futures Trading Commission (CFTC) has proposed the “first-ever” pilot program in the U.S. “to support the development of compliant digital asset markets and tokenization.” The regulator emphasized: “Our principles-based framework...
Maker Co-Founder Proposes Future Protocol Implementation on Solana Fork
5.9.2023
Rune Christensen, a co-founder of Maker, the Ethereum-based stablecoin protocol, has proposed to reimplement the protocol on a new chain forked from Solana. This move would be the final part of “Endgame,” an update to the protocol that seeks to grow the stablecoin dai by enhancing...
Fact or Fiction? Theories Littered Across Social Media About Blackrock’s Alleged Bitcoin Buying Spree
3.9.2023
This past week, the U.S. Securities and Exchange Commission (SEC) delayed seven spot bitcoin exchange-traded funds (ETFs), including Blackrock’s proposed Ishares Bitcoin Trust. Alongside this news, Into The Block metrics indicate that from August 13 to the 31st, large BTC holders dubbed...
US Congress Members Clash on the Potential Effect of Proposed Tax Rules on the Crypto Industry
30.8.2023
Members of the U.S. Congress have expressed concerns about the possible problems that implementing the newly proposed crypto tax reporting requirements could create in the entire industry. Patrick McHenry, Cynthia Lummis, and others reacted differently to the potential effects of these proposals...
FTX Founder’s Expert Witnesses Face Exclusion in Fraud Trial
29.8.2023
The U.S. Department of Justice filed a motion on Monday seeking to bar all seven of Sam Bankman-Fried’s proposed expert witnesses from testifying in the former FTX CEO’s upcoming fraud trial. Federal prosecutors cited issues with the witnesses’ reliability and accused them...
All of Sam Bankman-Fried's Proposed Expert Witnesses Should be Barred From Testifying: DOJ
29.8.2023
All of FTX founder’s Sam Bankman-Fried’s proposed witnesses should be disqualified from testifying because their disclosure filings are insufficient, their experience may be misleading or their planned testimony may not be relevant, prosecutors said in a late Monday filing. The defense team moved...
Crypto community reacts to Biden's proposed crypto tax reporting rules
27.8.2023
Many prominent crypto commentators are concerned that this will make crypto firms even more reluctant to do business in the United States
Sam Bankman-Fried's lawyers push for temporary release, object to prosecutors' proposed deal
25.8.2023
The U.S. Justice Department has produced “millions of pages of documents" related to SBF's criminal case, which his lawyers claimed was too much to access from jail before trial
IRS releases draft of proposed reporting rules for digital asset brokers
25.8.2023
House Financial Service Committee chair Patrick McHenry said the rules are part of “the Biden Administration’s ongoing attack on the digital asset ecosystem.”
Microsoft Selling Activision Blizzard Cloud Gaming Rights To Ubisoft In Last-Ditch Effort To Get Merger Approved
22.8.2023
Somehow, over a year later, Microsoft’s attempted $69 billion takeover of Activision Blizzard just took its weirdest turn yet. The tech giant announced today that it will sell off the streaming rights for Call of Duty, Overwatch, and more to rival publisher Ubisoft as part of one last attempt...
Microsoft Selling Activision Blizzard Cloud Gaming Rights To Ubisoft In Last-Ditch Effort To Get Merger Approved
22.8.2023
Somehow, over a year later, Microsoft’s attempted $69 billion takeover of Activision Blizzard just took its weirdest turn yet. The tech giant announced today that it will sell off the streaming rights for Call of Duty, Overwatch, and more to rival publisher Ubisoft as part of one last attempt...
FTX's Sam Bankman-Fried prosecutors submit proposed jury instructions for trial
22.8.2023
Ahead of FTX co-founder Sam Bankman-Fried’s October trial, government prosecutors have laid out their requests for how the jury should be directed
Prosecutors File Proposed Jury Instructions for Sam Bankman-Fried Trial
22.8.2023
The U.S. Department of Justice filed its proposed set of jury instructions for Sam Bankman-Fried's October trial a day before he is set to be arraigned on a new superseding indictment
Bankman-Fried Wants to See His Lawyers Outside Jail Five Days a Week
20.8.2023
FTX founder Sam Bankman-Fried (SBF) is asking to be released from jail five days a week to work on his defense for the fraud trial against him set to begin in October. On Friday, Bankman-Fried’s lawyers complained to a judge in Manhattan that the currently proposed preparation time and regime...
Mantle User Raises Eyebrows On Proposed Auto Migration Of FTX $43 Million BIT Tokens
18.8.2023
A Mantle community member has proposed the restriction on an automatic migration of FTX BIT tokens to Mantle (MNT) citing disqualifying factors.
A debate sparked by members of the Mantle Decentralized Autonomous Organization (DAO) on the ongoing token migration of certain companies including...