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 ...
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...
Kraken agrees to pay $30M and discontinue its crypto-asset staking products to settle SEC allegations that its staking services broke US securities rules
is Coinbase next? Simon Chandler / Cryptonews : Ethereum Price Prediction as $10 Billion Trading Volume Comes In - Can $ETH Reach $2,000 Soon? Tyler Pearson / DL News : SEC hammer comes down on Kraken...
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...
The SEC charges ex-Alameda CEO Caroline Ellison and ex-FTX CTO Gary Wang for their role in defrauding FTX's investors at SBF's direction between 2019 and 2022
The Securities and Exchange Commission today charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao (Gary) …