Hong Kong central bank warns against crypto firms using banking terms
The Hong Kong Monetary Authority (HKMA) has issued a warning to users that crypto businesses presenting themselves as banks and using banking terminology could be...
NRL and Youtube stars reach settlement in FTX class-action lawsuit: Report
NRL quarterback Trevor Lawrence and YouTube influencers Kevin Paffrath and Tom Nash have reportedly settled a lawsuit over alleged inadequate compensation disclosure in their promotions...
Binance CEO responds to rumors, says US executive is ‘taking a deserved break’
Binance Holdings CEO Changpeng Zhao (CZ) has shot down speculation surrounding the departure of Binance.US CEO Brian Shroder, noting that he is “taking a deserved...
Government objects to ‘unnecessary,’ ‘prejudicial’ SBF jury selection questions
On Sept. 15, the United States government responded to questions the defense has suggested posing to potential jurors during their selection for the case against...
Gemini legal team accuses DCG of ‘gaslighting’ Genesis creditors
Lawyers representing Gemini Trust have pushed back against a plan proposed by Digital Currency Group (DCG) for creditors of Genesis Global.In a Sept. 15 filing...
SEC reverses decision on sealing, redacting some documents in Binance.US case
Observers should soon get a look at some of inaccessible documents in the United States Securities and Exchange Commission’s (SEC) case against Binance. The documents...
Sam Bankman-Fried says, ‘I did what I thought was right,’ in leaked docs: Report
Former FTX CEO Sam Bankman-Fried, facing multiple criminal charges related to alleged misuse of user funds, reportedly denied many of the allegations against him in...
Hong Kong warns that crypto firms are not “banks”
Hong Kong warns crypto firms against using the word “bank” The Hong Kong Monetary Authority (HKMA) says only licensed banks can take “deposits.” Using terms...
Celsius and Core Scientific propose $45M settlement for litigation
Crypto mining firm Core Scientific has announced an agreement with lending company Celsius Network to settle a legal battle that had been ongoing for months....
BitGo and Swan partner to launch a Bitcoin-only trust company
Key takeaways BitGo and Swan to launch a new trust company Crypto custodian BitGo and bitcoin financial services firm Swan have announced plans to launch...