Court Rejects Sam Bankman-Fried’s Application for Release
Sam Bankman-Fried, the founder of FTX and a convicted fraudster, will remain in jail while his legal team appeals his conviction.
Sam Bankman-Fried, the founder of FTX and a convicted fraudster, will remain in jail while his legal team appeals his conviction.
Changpeng Zhao has agreed to pay a $175 million personal recognizance bond after pleading guilty to criminal charges in the US.
The management team at Grayscale met on November 20 with representatives from the US Securities and Exchange Commission to discuss plans to convert GBTC into a spot Bitcoin ETF.
The Securities and Exchange Commission (SEC) has filed a case against the cryptocurrency exchange Kraken for violating securities laws.
The New York State Department of Financial Services (NYDFS) has taken on a more active role in regulating the listing and delisting of tokens on exchanges in an effort to strengthen oversight of cryptocurrency firms.
Hut 8 Mining has recently provided an update on its merger process with a US-based Bitcoin mining company, USBTC.
Michael Barr, vice chairman of supervision at the US Federal Reserve, has said the Fed needs to regulate and enforce the law on stablecoin issuers.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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