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Bankrupt FTX sues Sam Bankman-Fried for $71M to recover ‘political capital’ payments

Bankrupt exchange FTX filed a lawsuit against Sam Bankman-Fried, FTX Foundation, and several other entities to recover over $71 million, according to a July 19 court filing. FTX alleged that Latona, a sham non-profit company in the Bahamas, in compliance with the FTX Foundation, took over $71 million in commingled funds from Alameda and FTX […] The post Bankrupt FTX sues Sam Bankman-Fried for $71M to recover ‘political capital’ payments appeared first on CryptoSlate. дальше »

2023-7-20 14:20


Chinese Police Seize $160 Million Worth of Crypto In Cross-Border Gambling Crackdown

Chinese authorities have announced the country’s first-ever case of cryptocurrency confiscation through a court ruling. Related Reading: 78% Of Bitcoin Exchange Inflows Are Coming From Short-Term Holders: Glassnode According to a report, an investigation conducted by Chinese police has uncovered a large-scale cross-border online gambling case with a turnover of 400 billion yuan (approximately $56 […] дальше »

2023-7-19 04:00


Nevada court orders Prime Trust into temporary receivership

Nevada courts have ordered Prime Trust, a prominent crypto custodian now facing financial troubles, into temporary receivership on July 18, officials confirmed. The Eighth Judicial District Court of Nevada has approved a petition from the Nevada Financial Institutions Division (NFID) that will place Prime Trust into temporary receivership. дальше »

2023-7-19 01:55


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XRP Holdings On Bitrue Exchange Surges By 300%

Over the last week, the XRP token has dominated the headlines following Ripple’s partial court victory over the United States Securities and Exchange Commission (SEC).   On July 13, Judge Analisa Torres of the US District Court of the Southern District of New York ruled that XRP doesn’t qualify as a security leading to a massive price surge in which the token gained by almost 90%. дальше »

2023-7-18 14:30


Gary Gensler ‘disappointed’ in Ripple ruling regarding retail investors

U. S. Securities and Exchange Commission (SEC) chair Gary Gensler recently voiced his dissatisfaction with a court ruling related to the XRP token, as reported by Bloomberg on July 17. Gensler said that he is “disappointed” by Judge Analisa Torres’ declaration that sales of XRP tokens on retail exchanges did not constitute securities offerings. дальше »

2023-7-18 02:55