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LIVE: Former Top FTX Executive Nishad Singh Takes Stand in Case Against Sam Bankman-Fried
16.10.2023
Former FTX engineering head Nishad Singh, another member of the company's inner circle, took the stand early Monday to testify against his former boss and friend
Blockchain Gaming Holds Strong in Q3, Amid Evolving Crypto Landscape
14.10.2023
The blockchain gaming sector maintained its influential position in the third quarter of 2023 despite some decreases in momentum, according to Dappradar’s recent report. Although metrics such as unique active wallets and transactions dropped slightly, the report advises against viewing this...
Deadline for SEC Appeal Against Grayscale’s Spot Bitcoin ETF Ruling Expires
14.10.2023
The U.S. securities regulator has apparently missed a deadline to appeal a court ruling against its rejection of Grayscale’s spot bitcoin ETF application. Media reports, quoting sources familiar with the matter, unveiled ahead of the deadline that the agency was not planning to appeal the decision...
SEC Suffers Another Setback Against Ripple — What Next?
14.10.2023
On October 3, U.S. District Judge Analisa Torres denied the Securities and Exchange Commission’s (SEC) interlocutory appeal of her July 13 decision. Judge Torres’ decision marked another public defeat for the SEC, and if you haven’t read about the case, check out our earlier...
SEC Reportedly Decides Not to Appeal Its Bitcoin ETF Court Loss Against Grayscale
13.10.2023
The decision, reported by Reuters, boosts the odds that Grayscale Investments will be able to turn its Grayscale Bitcoin Trust (GBTC) into a more investor-friendly ETF
UK Parliament Committee Cautions Against Soccer Clubs' Fan Tokens
13.10.2023
The UK House of Commons Culture, Media, and Sport Committee has released a report warning soccer clubs against the use of fan tokens.
In a 30-page report, the committee explored the intricacies and challenges presented by non-fungible tokens (NFTs) in both the arts and sports sectors....
Read...
Grayscale Investments wins against SEC, considers Bitcoin ETF
13.10.2023
Grayscale Investments, a company that controls a $16.6 billion Bitcoin Trust, has come out victorious in terms of a lawsuit that was filed against the company by the Securities and Exchange Commission (SEC). The case was conducted in the D.C. Circuit Court. This will help open the doors for...
US Grocery Chain Trader Joe’s Sues Decentralized Exchange Trader Joe for Trademark Infringement
13.10.2023
Grocery chain Trader Joe’s filed a lawsuit this month against the decentralized exchange (dex) platform Trader Joe for trademark infringement. The suit, filed in federal court in Los Angeles, alleges that Trader Joe illegally copied the Trader Joe’s brand name and seeks to bar the exchange from...
Trader Joe’s grocery store files trademark lawsuit against Trader Joe DEX
12.10.2023
Among the claims included allegations of federal trademark infringement and dilution, with Trader Joe allegedly capitalizing on the store's "name, goodwill, and brand recognition"
It ‘Felt Good’ to Come Clean — Caroline Ellison Reveals Intricacies of FTX Operations in Court Testimony
12.10.2023
In a recent courtroom showdown, Caroline Ellison, the former CEO of Alameda Research, provided key insights into the operations of FTX and its alleged improprieties. Her revelations, documented by Inner City Press correspondent Matthew Russell Lee, could play a critical role in the ongoing fraud...
CFTC announces lawsuit against Voyager Digital and former CEO
12.10.2023
The legal action followed reports staff at the commission had completed an investigation concluding Stephen Ehrlich violated U.S. derivatives regulations
LIVE: Caroline Ellison Starts Day 3 of Testimony Against Sam Bankman-Fried
12.10.2023
Former Alameda Research CEO Caroline Ellison faces Sam Bankman-Fried attorney Mark Cohen as she begins her third day of testimony
State Securities Regulators Support SEC in Lawsuit Against Crypto Exchange Coinbase
11.10.2023
A group uniting regional securities regulators in North America has backed the U.S. Securities and Exchange Commission (SEC) in its Coinbase lawsuit. The move goes against arguments in favor of adopting dedicated rules for crypto assets in the United States as opposed to implementing existing...
A Saudi Prince, Chinese Government Officials, and Thai Prostitutes: Former Alameda Research CEO’s Damning Testimony Continues against Sam Bankman-Fried
11.10.2023
Caroline Ellison, former Alameda Research CEO and ex-girlfriend of disgraced FTX founder Sam Bankman-Fried, stunned the jury today in Manhattan Federal Court when she revealed startling claims involving Alameda Research’s ties to international government officials....
Read More: A Saudi Prince...
LIVE: Caroline Ellison Starts Day 2 of Testimony Against Sam Bankman-Fried
11.10.2023
Former Alameda Research CEO Caroline Ellison retook the stand on Wednesday, after testifying that her former boss and boyfriend, Sam Bankman-Fried, had directed many of FTX's now-public missteps
US Supermarket Trader Joe’s Takes Legal Action Against Crypto Project Over Name Resemblance
11.10.2023
Popular US supermarket chain Trader Joe’s has sued decentralized exchange (DEX) Trader Joe for federal trademark infringement.
According to the filing, the DEX’s branding is designed to allow it to profit from the supermarket’s reputation by “causing confusion as to the source, sponsorship...
Tensions in Israel Reverberate Globally — US Equities, Cryptos Falter Amid Mideast Conflict; Oil and Metals Capitalize
9.10.2023
Markets faced turbulence on Monday as all four major U.S. indices took a downward turn, influenced by the Israel-Hamas conflict which escalated into an outright war over the weekend. The crypto economy experienced a 1.8% dip against the U.S. dollar on the same day. Meanwhile, the onset of...
Ian Freeman Sentenced for Selling Bitcoin Without License, Judge Swats Down SEC Appeal in Ripple Case, and More — Week in Review
8.10.2023
Free Talk Live co-host Ian Freeman has been sentenced to eight years in prison for selling bitcoin without a license, the SEC has taken in a loss in its push for interlocutory appeal against Ripple, and a verified “Satoshi” handled has stirred up controversy and debate on social media...
Tesla CEO Elon Musk Predicts ‘Comprehensive Overhaul’ of SEC With 100% Probability
8.10.2023
Billionaire Elon Musk has called for a “comprehensive overhaul” of regulatory agencies, which includes the U.S. Securities and Exchange Commission (SEC). The Tesla and Spacex CEO added that there needs to be a commission to take punitive action against individuals who abuse their regulatory power...
$8B Margin Mystery: Alameda’s Caroline Ellison to Testify Against Bankman-Fried Next Week
7.10.2023
After hearing witness accounts in the FTX trial this week, proceedings will resume on Tuesday, October 10, 2023. Caroline Ellison, former CEO of Alameda Research, is reportedly slated to take the stand. Ellison’s testimony could be pivotal; she helmed Alameda following Samuel Trabucco’s...