Sullivan & Cromwell LLP (S&C), a law firm headquartered in New York City, received $12 million from West Realm Shires Services Inc. on behalf of […]
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Category: Ethereum News
Judge pulls out of SBF-FTX case citing husband’s law firm’s advisory link
Judge Abrams’ withdrawal from the FTX case eradicates any conflict of interest in the FTX case because Andres continues to serve as a partner at […]
U.S. delays crypto tax reporting rules, as it still can’t define what a ‘broker’ is
Congress passed a law in November 2021 that required the new crypto rules to be issued.
Former Alameda CEO confirms firm borrowed billions from FTX customer deposits as part of plea deal
According to court documents, Caroline Ellison said she and SBF signed off on “materially misleading financial statements” for Alameda lenders — knowing it was illegal.
SBF prosecutors reportedly dig into donations made to top US Democrats
Democratic members from the DNC, the DCCC and Congressman Hakeem Jeffries were contacted by SBF prosecutors for information to aid their ongoing investigations.
Sam Bankman-Fried seeks to reverse decision on contesting extradition: Report
By consenting to extradition, Bankman-Fried would be able to appear in a United States court.
SEC was ‘asleep at the wheel’ about FTX — US Rep. Sessions
The Texas Congressman urged lawmakers to examine the SEC’s efforts to prevent fraud at the crypto exchange.
Central Banks to set standards on banks’ crypto exposure: BIS
The new standard limits crypto reserves among banks to 2% by 2025, and goes into effect on January 1, 2025.
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 […]
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. […]