A US bankruptcy court lets 3AC raise its claim against FTX from $120M to $1.53B, despite FTX's objection that it was too late; 3AC originally filed in June 2023
Danny Park / The Block :
Digital Currency Group agrees to settle and pay $38.5M in civil penalties to the US SEC over charges that it misled investors via crypto lender Genesis Global
a $38.5m fine from SEC US Securities and Exchange Commission : SEC Charges Digital Currency Group and Soichiro “Michael” Moro, Former CEO of Genesis Global Capital, for Misleading Investors about Gene...
A US judge sentences Sam Bankman-Fried to 25 years in prison for stealing from users of his now-bankrupt FTX crypto exchange and orders him to forfeit $11B+
Past 6 pm on December 29 … Matthew Russell Lee / Matthew Russell Lee's Newsletter : Aftermath: SBF Sentenced to 25 Years in Prison After Coin Flip and Presidential Aspirations Cited by Judge - Ellison...
Sources: 3AC co-founder Su Zhu for the first time faced questioning in a Singapore court about the fund's collapse; Teneo estimates 3AC owes creditors ~$3.3B
- Failed crypto fund's co-founder Zhu was arrested in September — Liquidators seek information for creditors owed $3.3 billion
New York AG Letitia James sues lender Genesis, its parent company DCG, and the Winklevoss' exchange Gemini for allegedly defrauding 230K+ investors of $1B+
and secured mostly by FTT [image] Bryan Brinkman / @bryanbrinkman : @NewYorkStateAG I'm a New York resident who uses Gemini, banning them will only force us to use offshore crypto banking that has eve...
Liquidators say Singapore arrested 3AC co-founder Su Zhu when he tried to leave the country and sentenced him to four months for not complying with court orders
The hedge fund's other co-founder Kyle Davies is also being called for arrest and imprisonment
Liquidators say Singapore arrested 3AC co-founder Su Zhu when he tried to leave the country and sentenced him to four months for not complying with court orders
Jacquelyn Melinek / TechCrunch :
Liquidators say 3AC's Su Zhu was arrested in Singapore while trying to leave the country and sentenced to four months for failure to comply with court orders
The hedge fund's other co-founder Kyle Davies is also being called for arrest and imprisonment — The liquidators behind Three …
3AC co-founder Kyle Davies tells a US court he is not subjecting himself to or accepting the jurisdiction of US courts since he renounced citizenship in 2020
Colin Wilhelm / The Block :
The Worldcoin Foundation rolls out its Worldcoin token, received after using an eye-scanning “orb”, in 35 cities; Worldcoin plans to retain 20% of its tokens
More than three years ago we founded Worldcoin with the ambition … Manish Singh / TechCrunch : Sam Altman's Worldcoin eyeball-scanning crypto project launches Binance : Binance Will List Worldcoin (WL...