Coinbase says the US SEC agreed “in principle” to drop its 2023 case against the company, calling it “righting a major wrong” and a “huge day” for crypto
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SEC chair Gary Gensler will step down on January 20; it has been traditional for SEC chairs to resign if the administration changes in the middle of their term
Brady Dale / Axios :
Filing: Coinbase received an SEC notice warning the exchange of potential US securities law violations that could lead to enforcement actions; COIN drops 10%+
Coinbase says it received an SEC notice warning the exchange of potential US securities law violations that could lead to enforcement actions; COIN drops 10%+
- The SEC issued crypto exchange Coinbase a Wells notice, warning the exchange that it identified potential violations of U.S. securities law.
Kraken agrees to pay $30M and discontinue its crypto-asset staking products to settle SEC allegations that its staking services broke US securities rules
is Coinbase next? Simon Chandler / Cryptonews : Ethereum Price Prediction as $10 Billion Trading Volume Comes In - Can $ETH Reach $2,000 Soon? Tyler Pearson / DL News : SEC hammer ...
A judge sets SBF's trial for October 2023, allows redacting his bond signers' names for now, and amends his bail terms to prohibit him from accessing FTX funds
furiously writing notes to his attorneys on a legal pad and pointing to them with a biro. Leo Schwartz / @leomschwartz : After Judge Kaplan granted Sam Bankman-Fried's lawyers' req...
Sam Bankman-Fried pleads not guilty to all eight criminal charges, including wire fraud and money laundering; if convicted, he faces up to 115 years in prison
If convicted on all counts, he faces up to 115 years in prison. — Sam Bankman-Fried, the founder and former CEO …
A look at the rise and fall of Alameda Research, whose troubles began well before the crypto crash as the firm took big gambles, winning some and losing plenty
Some projects are just better when dead asap. 😥 Tom Gara / @tomgara : Also maybe this is common knowledge but I didn't realize that famous SBF origin story trade in Japan profited ...
Sources: Sam Bankman-Fried will likely plead not guilty to fraud and other charges at a January 3 hearing; SBF returns to Twitter to deny he moved Alameda funds
A look at the rise and fall of Alameda Research, whose troubles began well before the crypto crash as it took big gambles, winning some and losing plenty
Trading firm took big gambles, winning some and losing plenty; ‘complete lack of a risk-management framework’
Sources: Sam Bankman-Fried will likely plead not guilty to fraud and other charges at a January 3 hearing; SBF returns to Twitter to deny he moved Alameda funds
Sam Bankman-Fried is likely to enter a plea of not guilty Sam Bankman-Fried is likely to enter a plea of not guilty https://www.wsj.com/... Mike Elgan / @mikeelgan : WSJ says Sam B...
Sources: Sam Bankman-Fried will likely plead not guilty to fraud and other charges at a January 3 hearing; SBF returns to Twitter to deny he moved Alameda funds
FTX founder Sam Bankman-Fried is likely to plead not guilty to eight counts of fraud at a hearing next week, according to a person familiar with the matter.
Memo: Changpeng Zhao tells Binance staff to expect a “bumpy” several months but the exchange “will survive any crypto winter”, following massive withdrawals
Binance Holdings Ltd. Chief Executive Officer Changpeng Zhao warned his colleagues to expect tough months ahead …
South Korean prosecutors believe Do Kwon, who founded the collapsed TerraUSD and LUNA tokens, is hiding in Serbia, traveling via Dubai from Singapore in October
Prosecutors seek co-operation with Belgrade as search intensifies for Terraform chief — South Korean prosecutors believe that Do Kwon …
[Thread] FTX CEO Sam Bankman-Fried apologizes, says he “fucked up” and his priority is “doing right by users”, plans to raise funds and close Alameda, and more
1) I'm sorry. That's the biggest thing. I fucked up, and should have done better.
Binance CEO Changpeng Zhao says the company signed a non-binding letter of intent to acquire FTX.com and help cover its liquidity crunch, pending due diligence
This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire FTX.com and help cover th...
Binance CEO Changpeng Zhao says the company signed a non-binding letter of intent to acquire FTX.com and help cover its liquidity crunch, pending due diligence
This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire FTX.com and help cover th...
On-chain data from Ethereum, Tron, and Solana: FTX appears to have stopped processing withdrawal requests, starting at 6:37am ET for ether
- Crypto exchange FTX seems to have stopped processing withdrawal requests, according to on-chain data. — The last outgoing transaction …
Binance CEO Changpeng Zhao plans to sell the remaining FTT tokens received from exiting FTX equity in 2021; FTX-linked Alameda offers to buy them for $22 each
Alameda's CEO offered to buy Binance's FTT token holdings for $22 apiece. — Binance's CEO, responding to a CoinDesk scoop …
Crypto coin AVAX fell 10%+ after a self-described whistleblower said Avalanche weaponized litigation against rivals; CEO calls it “conspiracy theory nonsense”
Omkar Godbole / CoinDesk :