Bitzlato ex-CEO Legkodymov pleads guilty to one count in Brooklyn court
The Hong Kong-based crypto exchange had no KYC and was a major support for the darknet marketplace Hydra.
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Sam Bankman-Fried will not file any post-trial motions, say lawyers
The former FTX CEO was found guilty of seven felony charges on Nov. 2, for which he could face up to 115 years in prison.
Terraform Labs and SEC lawyers spar over whistleblower in court: Report
Though many filings in the SEC case were made under seal, Judge Jed Rakoff reportedly suggested that nothing would remain confidential should the matter go to trial.
Evidence mounts as new artists jump on Stability AI, MidJourney copyright lawsuit
The battle continues as artists amend a lawsuit previously struck down by court authorities against major AI companies who have allegedly violated creative copyright laws.
SBF was almost extorted for ‘protection’ in Brooklyn jail, recalls ex-inmate
Gene Borrello, a former prisoner at MDC, told crypto blogger Tiffany Fong that Sam Bankman-Fried was targeted for his timid nature and having “the body of the 80-year-old.”
Courts will provide ‘good guidance’ for crypto — CFTC commissioner
Kristin Johnson proposed several potential paths for handling digital assets in the United States — through Congress, having private companies address governance and the courts.
Jump Crypto filed docs confidentially in SEC v. Terraform Labs case
The trading firm and its CEO, Kanav Kariya, allegedly manipulated the price of TerraUSD to gain roughly $1.3 billion in profits.
Kraken co-founder hails ‘more fair’ playing field as DOJ fines Binance
Jesse Powell sees CZ’s and Binance’s legal proceedings as a positive change, as “going after the most egregious offenders offshore would require effort.”
CZ an ‘unacceptable risk of flight,’ should stay in US: DOJ
U.S. prosecutors are pushing for CZ to stay in the country, saying they “would not be able to secure his return” if he’s allowed back to Dubai.
New Binance CEO Richard Teng pitches ‘very strong’ foundation to skeptics
Teng’s tenure will focus on three aspects of the business as CEO: reinstating investor confidence, collaborating with regulators and driving Web3 adoption, he said.