A look at Binance and CZ's “Bond villain” compliance strategy and how their settlements will allow the US to deflate Binance while minimizing collateral damage
James Bond films have a certain formula to them. It is more interesting when seen from the perspective of the villain.
A look at Binance and CZ's “Bond villain” compliance strategy and how their settlements will allow the US to deflate Binance while minimizing collateral damage
James Bond films have a certain formula to them. It is more interesting when seen from the perspective of the villain.
Filing: Gemini sues Genesis Global, its former business partner for its Gemini Earn product, over 60M GBTC shares, worth $1.6B+, that were pledged as collateral
Oliver Knight / CoinDesk :
Letter: the US SEC subpoenaed Bolt and sent a notice to former CEO Ryan Breslow in 2022 over their past misleading statements to current and potential investors
All VCs get 24hrs to write off the shitty and fraudulent investments made during the height of greed [embedded post] Twitter: Kyle Russell / @kylebrussell : I don't reimburse myself for taking the tea...
Court documents: the SEC accuses Binance and Binance.US of redirecting $12B+ in customer assets to entities controlled by co-founder CZ between 2019 and 2021
If you are wilfully violating securities law, I have some advice: do not put … Allyson Versprille / Bloomberg : Elizabeth Warren Says Binance Appears to Have Lied to Lawmakers Wall Street Journal : Bi...
Plea hearing court transcript: Caroline Ellison said she and Sam Bankman-Fried knowingly misled investors, lenders, and customers that Alameda borrowed from FTX
bond packages only require around 10-15% of the total amount to be paid. Teflon Tom / @agrizzi8 : This case offers an insight into the world of crypto. Rather than accidental, the fraud and other crim...
In his NYT interview, SBF gave few straight answers while admitting to gross errors, denying claims of fraud, and claiming he “didn't knowingly commingle funds”
You hold customers' funds and don't do ANYTHING with them except hold them. When your customers ask for them back you give it to them - immediately. https://twitter.com/... @cmsintern : Intern notes f...
As FTX collapsed, mainstream news organizations often failed to give a straightforward assessment of exactly what happened and potential crimes involved
and the media cover-up. (via @EllisItems) “[W]hat happened at the FTX crypto exchange ...[was] a conscious and intentional fraud intended to steal money from both users and investors.” https://www.coi...
BlockFi sues Sam Bankman-Fried's Emergent Fidelity Technologies to seize Robinhood shares that SBF had pledged as collateral under an agreement on November 9
Complaint against FTX founder comes as crypto company becomes the latest to seek bankruptcy protection
Lawyers in the Celsius bankruptcy are examining Tether recovering an $840M USDT loan, highlighting an uncertain area of bankruptcy law for crypto companies
Kadhim Shubber / Financial Times : Tweets: @sindap , @kadhim , @bitfinexed , @alexhern , @shortl2021 , @kadhim , @kadhim , @alexhern , @lhm1 , and @kadhim Tweets: Sujeet Indap / @sindap : really inte...