The order was unclear as to the nature of the documents under subpoena but stated Genesis had failed to provide the information by Oct. 9.
Category: Ethereum News
Former FTX engineering director faces up to 75 years in prison following guilty plea
Nishad Singh’s testimony was seemingly part of prosecutors’ strategy to establish Sam Bankman-Fried had been behind Alameda Research using FTX user funds.
NYC mayor releases plans for responsible AI usage in local government
The administration for the mayor of New York City has released a plan for creating a framework for government agencies to utlitize AI, along with […]
SEC chair Gary Gensler warns impending AI-wrought financial crisis ‘nearly unavoidable’
Gensler reportedly fears big tech’s stranglehold on AI technologies homogenizing the financial market.
SEC plans scrutiny of crypto dealer-brokers, transfer agents, per 2024 exam guide
The SEC sets examination priorities based on feedback from examiners and input from investors and the industry.
Nishad Singh testifies on Sam Bankman-Fried’s ‘excessive’ investments through Alameda
The former FTX engineering director reportedly testified that SBF would “unilaterally spend Alameda’s money” and was “ultimately” in charge of the firm rather than Caroline […]
Scammers prefer banking customers over crypto investors in Ireland: Report
To date, Irish authorities managed to recover approximately 4 million euros of the 20 million euros lost in banking scams since January 2023.
US government among largest Bitcoin hodlers with over $5B in BTC: Report
The $5 billion estimation is based on three major seizures linked to the Bitfinex hack and Silk Road, meaning the actual holdings could be much […]
Aussie crypto exchanges look to new licensing regime with cautious optimism
Australian crypto exchanges have largely praised the Treasury’s latest proposal to place crypto exchanges under the existing financial services license regime, though some worry it […]
South Korean exchange Upbit gets initial license nod from Singapore
Upbit Singapore scored initial approval from the country’s central bank and financial regulator for a local crypto license.