Nigeria denies bail, Binance executive jailed
Nigerian court delays bail for Binance exec amid new legal submissions and ongoing financial scrutiny.
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Nigerian court delays bail for Binance exec amid new legal submissions and ongoing financial scrutiny.
Mark Scott, tied to OneCoin, secures bail amid his appeal, raising key legal questions.
Kwon and Joon will be placed under house arrest and monitored by the police.
Do Kwon, a South Korean national, is the former CEO of South Korea-based Terraform Labs, the company behind the stablecoin TerraUSD that collapsed in May 2022, roiling cryptocurrency markets.
The suggestion surfaced amid discussions regarding the need for additional bail conditions following SBF’s contact with current and former FTX personnel.
The former FTX CEO's attorneys and prosecutors made a joint request to allow him to use certain messaging apps on Monday.
The FTX/Alameda saga continues to keep the crypto industry on its toes.
In his first court appearance since being extradited from the Bahamas, the former CEO was told he can live with his parents on $250 million bail secured by their Palo Alto house.
A judge in the Bahamas has denied disgraced FTX founder Sam Bankman-Fried's request for bail, calling the former billionaire a flight risk.
GAM Investments has called fake news on a fabricated announcement claiming it would invest $3 billion to help Luna/UST recovery efforts.