DOJ states that FTX-SBF allegations are valid notwithstanding the absence of US crypto laws.
Legal battle escalates in Sam Bankman-Fried's case as DOJ challenges FTX CEO's defense
BitcoinworldLegal battle escalates in Sam Bankman-Fried's case as DOJ challenges FTX CEO's defense
BitcoinworldThe DOJ issued subpoenas to both firms
BitcoinistThe judge insisted that further delay of the deal would harm Voyager’s customers waiting to receive their funds.
cryptopotatoFaced with the recent sharing of the former president of FTX US, Brett Harrison, Sam Bankman-Fried (SBF) said that those things are untrue.
OthersFederal prosecutors in New York, along with the SEC, are investigating DCG for internal transfers at its lending subsidiary Genesis, Bloomberg reported on Friday.
decryptOfficials may later seek to have Sam Bankman-Fried forfeit the assets, potentially including as much as $450 million in stocks, to avoid benefiting from crimes
CoindeskThe seizure involving 50,676 saw the accused, James Zhong, plead guilty to unlawfully obtaining the cryptocurrency.
FinboldThe U.S. Attorney’s Office for the Southern District of New York will now be handling the investigation, Bloomberg reported Monday.
OthersFTX Stocks will allow retail investors to fund their accounts with fiat-backed stablecoins like USD Coin via the FTX US crypto exchange.
CointelegraphCrypto exchanges Coinbase and BitGo have previously received trust charters from New York's financial regulator, allowing the firms to offer crypto custody services.
Cointelegraph