Ex-Meta crypto chief David Marcus says there was no legal or regulatory angle for the government to kill its Libra project and “it was 100% a political kill”
For reasons you can guess at, debanking has been the topic du jour in my Twitter feed. Tyler Durden / ZeroHedge News : FinTech CEOs Expose How Feds Colluded In ‘Debanking’ Schemes After Andreessen ‘Op...
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...
US v. SBF: Caroline Ellison says SBF asked her to make false balance sheets to hide debt, he considered offering FTX shares to the Saudi crown prince, and more
Caroline testified that SBF ordered her to use FTX customer funds to cover up for Alameda's losses — and to lie to lenders about it. She was in a “constant state of dread” about the looming liquidity...
A UK Treasury Committee crypto report recommends that the government regulate trading and investment in unbacked crypto as gambling and not a financial service
Summary So-called “cryptoassets” span a wide and rapidly evolving range … Ledger Insights : UK Parliament's Treasury Committee wants crypto regulated as gambling Mastodon: Dare Obasanjo / @carnage4lif...
After news broke that Microsoft Advertising was dropping Twitter support, Elon Musk tweeted that it's “lawsuit time” for training “illegally using Twitter data”
So if I were an artist I'd get the hell off there, because legally you don't have a leg to stand on. Mike Masnick / @mmasnick@mastodon.social : LOL. Musk claims he's going to sue Microsoft for not pa...
Source: JPMorgan is ending its relationship with Gemini; Gemini and Coinbase, JPMorgan's customers since 2020, claim their relationship with the bank is intact
guys can't catch a break. They play by the rules, get cucked by Zuck, Genesis, JPM, SDNY. To be fair, they did open the portal to hell with their awful cover band, but still. https://twitter.com/... D...
After a report said Binance misplaced $1.78B in USDC, Binance offered confused and sometimes contradictory responses, continuing its petulant and defensive tone
David Z. Morris / CoinDesk :
After a report said Binance misplaced ~$1.8B in USDC, Binance offered confused and sometimes contradictory responses, continuing its petulant and defensive tone
The FUD is coming from inside the building, says David Z. Morris, CoinDesk's chief insights columnist.
The SEC sues Terraform Labs and Do Kwon, accusing them of selling unregistered securities and perpetrating a fraudulent scheme that lost $40B+ in market value
Takeaways from SEC complaint Cosmos Ecosystem Chat Newsletter : SEC Charges Do Kwon, Mars on Crescent, Turkey Earthquake Aid Proposal - CEC Issue #25 The Block : U.S. investigation into Do Kwon and hi...
Solana co-founders Anatoly Yakovenko and Raj Gokal scramble to move past FTX's stain on SOL, down 96% from November 2021; FTX and Alameda bought 58M+ SOL tokens
$50 billion in value wiped from the cryptocurrency in 2022 Mehron Rokhy / The Daily Hodl : Solana and Associated Tokens Down Over 96% From All-Time Highs As SOL Gets Delisted From Crypto Exchange Bren...