Gate.io closer to launching US services after receiving local licenses
Gate US said it obtained licenses to operate in “several” U.S. states along with a money service business license from FinCEN leading up to its local launch.
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Sam Bankman-Fried agrees to US extradition ‘to put the customers right’: Report
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
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 arrested and consented to the extradition — Law Decoded, Dec. 12-19.
The entrepreneur reportedly reconsidered his earlier decision to contest extradition and now would be able to appear in a United States court.
Sam Bankman-Fried wants to see indictment before extradition to US: Report
Authorities in the Bahamas have had the former FTX CEO in custody since Dec. 12, shortly before he was denied bail.
Bitcoin ATMs Across the Globe and Their Growth Over the Years
The number of bitcoin automated teller machines (ATMs) has surged in accordance with the development of the cryptocurrency industry. The first such machine saw the light of day in October…
Onecoin Co-Founder Pleads Guilty to Fraud Charges in US
Karl Sebastian Greenwood, a co-founder and operator of Onecoin, has pled guilty to his part in building the notorious crypto pyramid. The fake cryptocurrency’s “global master distributor” has been in…
Democrats to reportedly return over $1M of SBF’s funding to FTX victims
Three democratic committees, the DNC, the DSCC and the DCCC, pledged to return SBF’s political donations after the entrepreneur was charged with eight counts of financial crimes.
US Financial Stability Oversight Council urges congressional action on crypto
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.”
Binance proof-of-reserves removed from the auditor’s site
Mazars Group, known for its proof-of-reserve audit services for crypto companies, reportedly removed PoR audits from its site.
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