Policy & RegulationThe 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, 2023Policy & RegulationThe 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, 2023Policy & RegulationCreditors of Genesis Global Capital (GGC) bankrupt crypto lender have criticized a proposed $175 million settlement aimed at "manipulating" the ledger process, with accusations of buying votes to "manipulate" the bankruptcy process.
Sep 1, 2023Policy & RegulationFollowing Grayscale's court victory against the US Securities and Exchange Commission (SEC) on Tuesday, the average trading size of Bitcoin on most exchanges hit its highest level since June
Sep 1, 2023Policy & RegulationAlameda Research's lawsuit in March filed high fees against Grayscale and its owner, Digital Currency Group (which also owns CoinDesk), and not allowing investors to repurchase shares from two crypto-focused trusts, the Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust. attacked for.
Sep 1, 2023Policy & RegulationIn August, the US added 187,000 jobs, above expectations, versus July's downwardly revised 157,000 (revised from 187,000).
Sep 1, 2023Policy & RegulationEarlier this year, the United States government seized 55 million shares of HOOD, owned by Sam Bankman-Fried and FTX co-founder Gary Wang, through the company Emergent Fidelity Technologies.
Sep 1, 2023Policy & RegulationThe defense team requested that one of the witnesses proposed by the impeachment team be barred from testifying as well.
Aug 29, 2023Policy & RegulationWhile the NFT market is stagnating, former President Donald Trump is still able to move inventory.
Aug 29, 2023Policy & RegulationThe US is accusing the country's largest crypto trading platform of engaging in illegal activities and is expanding its controls over the industry.
Aug 29, 2023Policy & RegulationThe Kenyan government has ordered cryptocurrency project Worldcoin to stop registering new users, citing data privacy concerns.
Aug 29, 2023Policy & RegulationDue to the decentralized nature of cryptocurrencies and the lack of transparency between exchanges, it is a difficult task to verify whether a particular asset influences price action.
Aug 28, 2023Policy & RegulationOne of the reasons for the suspension of electricity supply to crypto mining projects is due to outstanding balances.
Aug 28, 2023Policy & RegulationCrypto exchange Binance has removed Russian banks facing sanctions from its peer-to-peer (P2P) service.
Aug 27, 2023Policy & RegulationThe decision of the Court of Appeal highlights the need for lawyers to maintain the necessary communication in order to present a fair defense in the legal process.
Aug 27, 2023Policy & RegulationWith the spread of Bitcoin in Argentina and Turkey, people's crypto money dreams come true.
Aug 26, 2023