Elon Musk says the US SEC sent him a “settlement demand” after its Twitter buyout probe, asking him to agree to a fine within 48 hours or face numerous charges
www.theverge.com/2024/12/12/ 2... Elizabeth Lopatto / @lopatto : Musk also asked his AI, Grok, to draw a picture of Gensler. The image depicted a snail in a business suit, seemingly a reference to Ga...
SBF testifies that he only understood “pieces” of his companies' full financial state and was “very surprised” by FTX's $8B balance-sheet hole in October 2022
Bankman-Fried Testifies About FTX's Operations and Alameda The Block : SBF paints alternative view of his knowledge of the Fiat@ account in court Vinicius Barbosa / Finbold : FTX founder knew ‘basical...
US v. SBF: Nishad Singh says SBF used customer funds for spending sprees that “reeked of excess” and he learned of an $8B hole two months before FTX collapsed
before it all crashed Luc Cohen / Reuters : Sam Bankman-Fried directed political donations despite $13 bln ‘hole’, ex-colleague testified Michael Grullon / Watcher Guru : FTX Trial: SBF Used Stolen Fu...
At SBF's trial, the personal dynamics between him and his friends are a vital component of the case, making clear how much his inner circle has turned on him
The FTX founder's criminal trial has made clear just how much his inner circle has turned against him. X: @lylepratt , @jespow , @bradydale , @runnerxbt , @zekefaux , @ritwik_priya , @andrewrchow , @r...
Coinbase asks a judge to dismiss the SEC's lawsuit, arguing that the case “falls outside the agency's delegated authority” as Coinbase doesn't trade securities
we do not offer “investment contracts” as that term has been construed by decades of Supreme Court and other binding precedent. 1/3 https://assets.ctfassets.net/ ... @iampaulgrewal : By ignoring that ...
A US judge says Ripple's XRP sales to sophisticated investors violated securities law but that sales on exchanges were not offers of securities
and this week it got a big one Hassan Shittu / Cryptonews : Coinbase Pauses Staking Services in Several US States Amid SEC Lawsuit Mutuma Maxwell / Cryptopolitan : Binance clients rally behind enigmat...
A US judge says Ripple's XRP sales to sophisticated investors violated securities law but that sales on exchanges were not offers of securities; XRP jumps 70%+
🚀 According to documents filed earlier today … Twitter: Brad Garlinghouse / @bgarlinghouse : We said in Dec 2020 that we were on the right side of the law, and will be on the right side of history. Th...
a16z plans to open a crypto-focused office in London and leads a $43M round in London-based Gensyn, which offers a decentralized compute network for training AI
Over the last year it has become clear that blockchains … Reuters : London crypto move is a sign of desperate times FinSMEs : Gensyn Raises £33.8M in Series A Funding Eli Dambel / Bitcoinist.com : a16...
Robinhood plans to end support for Solana, Polygon, and Cardano on June 27, following a company review in light of the SEC lawsuits against Coinbase and Binance
The SEC took too long to clamp down on this. … Tweets: Josh / @joshuaogundu : Crypto is getting pummeled https://twitter.com/... Adam Cochran / @adamscochran : This is the unfair chilling effect of re...
During a hearing, House Republicans grilled SEC Chairman Gary Gensler, who refused to state whether ether is a security, despite saying bitcoin is a commodity
#SEChearing Tweets: @warrendavidson : 🚨I'm calling to restructure the @SECGov and the removal of Chair @GaryGensler. Watch my closing remarks from today's hearing where I lay out the abuse of power an...