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Ad Two notable developments concerning the bankrupt crypto firm FTX and its former CEO, Sam Bankman-Fried, occurred in court on Feb. 15. Stanford members signed SBF bail bond Previously, Judge Lewis Kaplan allowed two individuals who signed Sam Bankman-Fried’s bail bonds to be publicly identified during his criminal trial. Court documents today revealed that those…
Ad Bankrupt crypto lender Celsius will be notifying eligible users about how they can start withdrawing assets in certain custody accounts, the firm announced on Feb. 15. Celsius included the list of eligible users in its distribution schedule and will send emails and in-app notifications for the next steps, according to the announcement. However, Celsius…
Ad FTX founder Sam Bankman-Fried has been ordered to reappear in court for the second time in a week after prosecutors revealed he has attempted to use a VPN despite being warned by Judge Kaplan against it. Judge Kaplan set the hearing — scheduled for Feb. 16 — after prosecutors submitted a letter noting that…
Powerledger POWR (24h) $0.18113 +3.75% Power Ledger (POWR) is a blockchain-based platform released in May 2016 with the goal of disrupting the global energy industry by enabling local areas to sell and distribute solar power to their neighbors without the help of middlemen. More about Powerledger
Ad The U.S. prosecutors said FTX founder Sam Bankman-Fried used Virtual Private Network (VPN) to access the internet on Jan. 29 and Feb. 12, according to a Feb. 13 letter to Judge Lewis Kaplan. The prosecutors said SBF’s VPN use raises concern because the mechanism could hide online activities, make data transfers, and access the…
Ad The U.S. Securities and Exchange Commission (SEC) enforcement division has issued a Wells notice to Paxos — The Wall Street Journal (WSJ) reported, citing anonymous sources. A Wells notice is a formal notice the SEC issues to inform the recipient that it plans to bring enforcement actions against it. The SEC plans to sue…
Ad Craig Wright has lost a case in the U.K. that could have allowed him to prevent the operation of Bitcoin and Bitcoin Cash, as seen in a Feb. 7 court filing. In his claim, Wright argued that Bitcoin SV — his minority fork of Bitcoin — is the original version of the Bitcoin blockchain….
Luxury brand Hermès secured a victory in the first of three landmark NFT trials slated to commence this year. Hermès convinced a Manhattan jury today that the digital artist behind the “MetaBirkin” non-fungible token collection, Mason Rothschild, violated Hermès’ rights to the “Birkin” trademark. The nine-member jury came to the verdict on Feb. 8, awarding…
Latest Report Is the crypto bottom in? On-chain says yes, macro says pain occurs after the fed pause Is Bitcoin poised for a new low or has the bottom been set at $15,500? CryptoSlate analyzed on-chain and macro data to present both sides of the argument. Andjela Radmilac · 4 days ago