The judge ruled there were no potential conflicts of interest sufficient to stop Sullivan & Cromwell from continuing to act as the debtors’ counsel.
Category: Ethereum News
Going cashless: Norway’s digital currency project raises privacy questions
At this point, the test network for the Norwegian CBDC uses not the public Ethereum ecosystem, but a private version of the enterprise blockchain Hyperledger […]
FTX VCs liable to ‘serious questions’ around due diligence — CFTC Commissioner
The lack of recordkeeping of FTX coupled with “an auditor no one’s ever heard of” forces the CFTC to ask questions about the mindset of […]
SBF to forfeit $700M worth of assets if found guilty of fraud
While most of SBF’s assets have been seized, Federal prosecutor Damian Williams outlined that the government is also looking to take control of three of […]
Crypto to play ‘major role’ in UAE trade: foreign trade Minister
UAE’s minister of state for foreign trade Thani Al-Zeyoudi noted that as the country has attracted a lot of talent from the crypto sector, the […]
Nexo agrees to $45M settlement with SEC and states over earn product
The crypto lender didn’t admit or deny the findings from the SEC’s investigation despite agreeing to the settlement.
New Hampshire gov releases report on blockchain following executive order
According to the commission, New Hampshire should work toward building a legal framework “for sound development of blockchain technologies and its applications.”
Ransom refusals hit attackers where it hurts: 40% revenue drop in 2022 — Chainalysis
A number of industry pundits believe the U.S. Office of Foreign Assets Control’s threat to impose sanctions has victims thinking twice about paying up.
Daring drive-by at SBF’s: 3 men drove into barricade and fled: Lawyers
The lawyers didn’t specify the date or time when the incident took place, and claimed that security personnel was unable to get the license plate […]
FTX reboot could falter due to long-broken user trust, say observers
Crypto industry observers have questioned whether customers or investors will ever want to “come near” FTX again.