In his ruling, the judge said the phrasing of the various filings raise questions about «what would constitute ‘undue’ focus on attorney involvement,» «what could suggest inappropriately that attorneys had ‘blessed’ a particular course of conduct» and what legal theory would allow evidence that met the first two questions.
Read More »FTX Customers, Investors Will Testify Against Sam Bankman-Fried, DOJ Says
«To obtain likely less than 30 minutes of testimony from overseas FTX customer witnesses, however, requires, for at least some countries, coordinating with local authorities, arranging multi-day travel itineraries to accommodate varying time changes and travel delays, and incurring significant costs associated with such arrangements. Notwithstanding those hurdles, the Government …
Read More »Millions in Ether Tied to FTX ‘Hacker’ on The Move
Railgun is a privacy wallet that lets users store tokens and use funds for decentralized financial services, such as lending and borrowing. These transactions are shielded, meaning the exact use of such funds is not known. On the other hand, Thorchain is a bridge that lets users swap tokens between …
Read More »Millions in Ether Tied to FTX Account Drainer on The Move
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Read More »DOJ’s Proposed Jury Questions ‘Risks Tainting’ Bankman-Fried’s Panel, Defense Says
«Finally, we specifically object to Question 31, which seeks to elicit irrelevant information,» he concluded. «The question asks whether potential jurors or their close friends or relatives have ‘ever been stopped or questioned’ by law enforcement. This question appears designed to elicit information concerning potential jurors’ encounters with law enforcement …
Read More »BlockFi Says It’s Taken Major Step Toward Emerging From Bankruptcy
The beleaguered crypto lender was among a rash of digital asset companies that froze their customers’ accounts and eventually collapsed after FTX blew up last fall. The restructuring plan, which more than 90% of creditors approved, will enable BlockFi to recover the assets it lost to crypto exchange FTX and …
Read More »Bitcoin’s Slips Below $27K, But What Might Government Shutdown Mean for Prices
“The oppressive macro uncertainty is still a major headwind,” Noelle Acheson, macro analyst and author of Crypto Is Macro Now newsletter, noted Friday. “Bond markets around the world are flashing signs of distress, as yields have reached multi-year records in the US, UK, Germany and Japan to name just a …
Read More »Valkyrie Backs Off Ether Futures Purchases Until SEC ETF Approval Officially Effective
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Read More »First Mover Americas: Circle Argues Stablecoins Aren’t Securities in Response to SEC’s Binance Lawsuit
Asset manager Valkyrie started buying ether (ETH) futures contracts, after getting approval to convert its existing bitcoin futures exchange traded fund (ETF) to a two-for-one investment vehicle. «Today, the Valkyrie Bitcoin Strategy ETF (Nasdaq: $BTF) began adding exposure to Ether futures contracts, making it the first U.S. ETF to provide …
Read More »JPEX Crypto Exchange Probe Sees 4 More Arrests: SCMP
The arrest of people who the police say are «relatively close to core» of the scandal brings the total number of detentions to 18, and a number of other fugitives are still being tracked, the report said, adding that one suspect was allegedly found destroying documents with paper shredders and …
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