Taylor Swift evaded FTX due to securities violation concerns, lawyer says
Taylor Swift was the only celebrity who bothered to ask FTX if they were offering unregistered securities, and it saved her millions of dollars in an ensuing lawsuit.
Taylor Swift was the only celebrity who bothered to ask FTX if they were offering unregistered securities, and it saved her millions of dollars in an ensuing lawsuit.
Reginald Fowler, who ran Crypto Capital Corp, is to be sentenced on April 20 and the DOJ is pushing for 7 years behind bars to reflect the seriousness of the offense.
After laying off 35% of its staff in January, Luno is now ceasing its services in Singapore amid increased regulatory scrutiny in the city-state.
The draft bill states a two-year interval on issuing stablecoins and access to central bank borrowing and deposit accounts but made no mention of appropriate audits on proper backing of reserves.
Shaquille O'Neal had reportedly been running and hiding from process servers who took to camping outside TV studios and attacking him on Twitter over his FTX involvement.
The IMF insists that stringent laws and heightened monitoring of the digital asset market are crucial to prevent the recurrence of the implosions that rocked the global financial ecosystem in 2022.
Tron founder Justin Sun has been given 21 days to respond to the civil charges, and failure to respond will result in a default judgment against him.
Mt. Gox creditors will soon be able to take hold of their funds after the deadline for the payment method has lapsed, although a court said it could take a while before the money could be fully released.
Vishal Gupta said he would pursue an undisclosed new blockchain-based project, stating in a Twitter thread that it was “time for me to move on” but played coy on his future plans.
The FTX collapse did not happen overnight but seemed to be predetermined, with a new report coming to light highlighting the recovery of billion-dollar assets and tokens that have yet to be secured.
Binance is feeling the regulatory walls closing in as authorities question the reputational damage of appearing to approve of the controversial digital asset exchange.
Slamming a Bloomberg report, Tether insists it did not have an account with Signature Bank, but its use of Signet to facilitate USD transactions has authorities raising their brows.