law – Page 39 – Miami Crypto Coin

Sam Bankman-Fried is one step closer to US extradition: Report

Post author:MiamiCrypto
Post published:December 21, 2022
Post category:ftx law Regulation Sam Bankman-Fried United States

Officials from the U.S. Embassy, FBI, and U.S. Marshals Service were reportedly in attendance to witness the former FTX CEO waiving his right to a formal extradition process.

Alaska adds ‘virtual currency’ to its regulatory regime

Post author:MiamiCrypto
Post published:December 21, 2022
Post category:law

Starting in 2023, the companies will have to obtain a new type of license to operate with crypto in the state.

South Korean court freezes $92M in assets related to Terra tokens

Post author:MiamiCrypto
Post published:December 20, 2022
Post category:Assets Cryptocurrencies law South Korea Terra

The CEO of Terraform Labs’ affiliate firm Kernel Labs reportedly held the largest amount in illegal proceeds from Terra.

Sam Bankman-Fried agrees to US extradition ‘to put the customers right’: Report

Post author:MiamiCrypto
Post published:December 19, 2022
Post category:ftx law Regulation Sam Bankman-Fried United States

The former FTX CEO attended an emergency hearing of the Bahamas Magistrate Court just hours earlier, returning to prison following the event.

Next House committee chair reintroduces bill on crypto innovation

Post author:MiamiCrypto
Post published:December 19, 2022
Post category:Congress Cryptocurrencies law Regulation United States

Under the proposed bill, companies could apply for an “enforceable compliance agreement” with offices at federal financial agencies that would allow for a regulatory path forward.

Sam Bankman-Fried wants to see indictment before extradition to US: Report

Post author:MiamiCrypto
Post published:December 19, 2022
Post category:ftx law Regulation Sam Bankman-Fried United States

Authorities in the Bahamas have had the former FTX CEO in custody since Dec. 12, shortly before he was denied bail.

US Financial Stability Oversight Council urges congressional action on crypto

Post author:MiamiCrypto
Post published:December 16, 2022
Post category:Congress Cryptocurrencies law Regulation United States

According to the FSOC, issues at FTX had “precipitated price decreases in Bitcoin and other crypto-assets” but “had a limited impact on the broader U.S. financial system.”

FTX liquidators’ legal team urges cooperation with Bahamian authorities amid favoritism allegations

Post author:MiamiCrypto
Post published:December 16, 2022
Post category:bahamas Bankruptcy ftx law Regulation

According to lawyers representing FTX's provisional liquidators, allegations that Bahamian officials were giving residents preferential treatment were “wholly without merit”.