BitBulteni

BitBulteni

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Policy & Regulation

Page 45

Policy & Regulation

Payouts to FTX and Alameda Research Executives Draw Attention

The filing also highlighted that Bankman-Fried and FTX co-founder Gary Wang purchased Robinhood shares for a total of $35,185,242 in April 2022. They spent another $19.45 million continuing to buy Robinhood stock in May 2022. It was announced that Bankman-Fried owns a 90% stake, while Wang owns the remaining 10% through their company, Emergent Fidelity Technologies. However, in January, the US Department of Justice confiscated shares of Bankman-Fried and Wang.

Sep 6, 2023
Policy & Regulation

South Korean government steps up against North Korean attempts to finance illegal weapons programs using crypto assets

The first step was taken for the Security Committee, the first stage of the bill, and it was confirmed that the draft was prepared. The bill is said to reflect the South Korean President's belief in strengthening the country's cybersecurity framework. The latest version of the bill includes ways to track and neutralize crypto assets stolen by North Korea through hacking and exploitation.

Sep 6, 2023