law – Page 9 – Miami Crypto Coin

‘We allowed Alameda to withdraw unlimited funds’ — Gary Wang at SBF trial

Post author:MiamiCrypto
Post published:October 5, 2023
Post category:Court Crimes ftx law Regulation Sam Bankman-Fried

According to FTX's former chief technology officer, Sam Bankman-Fried committed crimes with himself, Nishad Singh and Caroline Ellison.

College roommate talked to Sam Bankman-Fried about FTX’s $8B hole on a paddle tennis court: Trial

Post author:MiamiCrypto
Post published:October 5, 2023
Post category:Court Crimes ftx law Regulation Sam Bankman-Fried

Adam Yedidia, a former developer at FTX, testified regarding his knowledge of the crypto exchange's use of funds, claiming "Alameda had used customer deposits to pay its loans".

Cocoa broker testifies to Bitcoin holdings on FTX in Sam Bankman-Fried trial

Post author:MiamiCrypto
Post published:October 4, 2023
Post category:Court Crimes ftx law Regulation Sam Bankman-Fried

London-based cocoa broker Marc-Antoine Julliard responded to questions from prosecutors on crypto he held on FTX in November 2022.

Opening arguments begin in Sam Bankman-Fried trial

Post author:MiamiCrypto
Post published:October 4, 2023
Post category:Court Crimes law Regulation Sam Bankman-Fried

"His girlfriend will tell you how they stole money together," said Assistant U.S. Attorney Thane Rehn in an opening statement about the former FTX CEO.

As trial begins, Sam Bankman-Fried’s lawyers push to exclude testimony from FTX users

Post author:MiamiCrypto
Post published:October 3, 2023
Post category:Court ftx law Regulation Sam Bankman-Fried

Sam Bankman-Fried's legal team has requested the court block certain witnesses offering testimony on how they thought FTX would protect their assets.

Investors drop class-action lawsuit against Terraform Labs and Do Kwon

Post author:MiamiCrypto
Post published:October 2, 2023
Post category:Court Investments law Regulation Terra

The dropping of the suit came amid Terra facing a lawsuit brought by the U.S. Securities and Exchange Commission and Do Kwon possibly nearing the end of his sentence in…

DOJ readies witnesses in Bankman-Fried trial, spotlight on FTX assets

Post author:MiamiCrypto
Post published:October 1, 2023
Post category:Fraud ftx law Sam Bankman-Fried United States

This initiative also encompasses their comprehension of Sam Bankman-Fried's remarks and conduct, particularly regarding FTX's asset management.

Paradigm accuses SEC of bypassing rules in Binance lawsuit

Post author:MiamiCrypto
Post published:September 30, 2023
Post category:Binance Cryptocurrencies Cryptocurrency Exchange law SEC Stablecoin Tokens

Paradigm claimed the SEC is attempting to use the allegations in its complaint to alter the law without adhering to the established rulemaking process.

FTX’s $3.4B crypto liquidation: What it means for crypto markets

Post author:MiamiCrypto
Post published:September 29, 2023
Post category:Court Cryptocurrency Exchange Department of Justice Exchanges ftx Government law Sam Bankman-Fried US government USA

Bankrupt crypto exchange FTX has been approved to liquidate nearly $3.4 billion worth of crypto assets, creating a sense of panic among crypto investors, but experts say the phased liquidation…

Binance exit aftershock: Can one resignation tip the crypto trust scales?

Post author:MiamiCrypto
Post published:September 25, 2023
Post category:Binance Cryptocurrency Exchange Government Investments law SEC US government USA

The announcement of yet another top figure departing Binance coincided with an increased outflow of funds from the crypto platform. But can one executive resignation really have such an impact?