PayPal subpoenaed by SEC over PYUSD Stablecoin
PayPal said that it is collaborating with the SEC’s request.
-
-
SBF trial enters final stage; Bankman-Fried lied about spending customer funds, prosecutors say in closing arguments
Bankman-Fried trial nears end: defense claims good faith as prosecution alleges misuse of funds.
-
Sam Bankman-Fried’s credibility questioned by prosecutors during cross-examination
Prosecutors pointed out inconsistencies in Bankman-Fried’s public statements before FTX collapsed in a four-hour grilling.
-
SEC drops all charges against Ripple’s CEO Garlinghouse and co-founder Larsen
The XRP token rose over 6% on the day after the SEC dismissed the charges against Ripple’s top executives.
-
Prosecution winds up case against Bankman-Fried ahead of six-day pause in trial
FTX’s former general counsel Can Sun testified he was “shocked” by $7 billion in missing customer funds as the prosecution’s case starts to draw to a close.
-
Israel-Palestine crisis: Navigating the intersection of conflict, aid and blockchain
Top blockchain and crypto news: Gaza tensions, digital tremors, NFTs are not dancing in September, Joe Lubin talks traditional system’s twilight.
-
FTX collapse helped the evolution of crypto regulation, says Bahamas securities regulator
FTX’s collapse and the crypto winter helped regulators familiarize themselves with the rapidly evolving crypto industry, said Christina Rolle of the Bahamas Securities Commission.
-
ESMA publishes second MiCA consultation paper
The European Securities and Markets Authority (ESMA) is seeking feedback on the second consultation paper on the Markets in Crypto-Assets (MiCA) bill, published on Thursday. See related article: Binance ICO raised less than US$5 mln: Forbes Fast Facts See related article: What Europe’s new spot Bitcoin ETF means for global markets
-
Sam Bankman-Fried committed ‘massive fraud,’ says prosecutor in opening statements
Prosecutors allege the founder of the failed FTX cryptocurrency exchange had a reputation that was “built on lies” as hotly awaited trial begins.
-
XRP up over 4% after judge denies SEC’s interlocutory motion
The XRP token rose 4.42% after a federal judge denied the U.S. Securities and Exchange Commission’s (SEC) motion to overturn its recent loss against Ripple Labs. XRP traded at US$0.5308 at 2:45 p.m. in Hong Kong on Tuesday, according to CoinMarketCap data. See related article: HK’s SFC & US SEC crack the whip as Blockchain…