Sam Bankman-Fried asks for a new trial in an appeal to the 2nd Circuit US Court of Appeals and directly attacks US District Judge Lewis Kaplan for alleged bias
and never changed his mind— was Michael Lewis. Jacob Shamsian / @jayshams : truly I don't really understand why advice-of-counsel was excluded. because the lawyers were fooled by SBF? seems like a q f...
A look at Elon Musk's claims in his OpenAI lawsuit, which seeks to open up GPT-4's source code, end Microsoft's exclusivity, and stop OpenAI's for-profit work
Matt Levine / Bloomberg :
FTX co-founder Gary Wang testifies that Alameda Research had “special privileges” that afforded a $65B line of credit, of which the firm ultimately withdrew $8B
and then lied about it Owotunse Adebayo / Cryptopolitan : FTX co-founder makes shocking revelation at SBF's trial New York Times : New Details About FTX Emerge as Bankman-Fried's Trial Begins Chimaman...
The Ripple ruling implies securities laws protect only sophisticated investors, the opposite of the US stock market's rule, and seems likely to work out poorly
Crypto tokens are securities unless you are anonymously dumping them on retail investors. LinkedIn: Kelvin Low . Twitter: @smdiehl , @matt_levine , @exlawyernft , @ben_mckenzie , @mcuban , @panekkkk ,...
The US SEC sues Bittrex and its ex-CEO for allegedly operating an unregistered securities exchange, claiming tokens like Algorand and Omise Go are securities
4 recent SEC events indicate that crypto-exchanges … Tweets: @secgov : Today we charged crypto asset trading platform Bittrex Inc. and its co-founder and former CEO William Shihara for operating an un...
SBF's “carelessness” fraud defense, after misrepresenting risk management and funneling customer money to Alameda, is a confession the SEC sees straight through
Oh Sam — I. — Here is how you run a futures exchange: — You offer some bets on some propositions, say, whether Bitcoin will go up or down. Tweets: @qasimrashid , @eliotwb , @bruno_j_navarro , @ma...
The hacker behind the Mango Markets exploit keeps $47M and returns $67M to the DeFi project after a Mango community vote; he claims all his actions were legal
the exchanges that... 1/2 Bucky Cantor / @buckycantor : If you rob a bank you can't say it's not your fault because the bank was defended poorly. “Code is law” = BS. Hackers should be grateful for meg...
Sources: Musk-Twitter talks are stuck on a debt-financing issue; Musk wants to reserve the right to sue Twitter for allegedly misleading him about bot accounts
I think they might take yes for an answer if they trusted him. They don't and have no cause to. https://twitter.com/... Bill Bishop / @niubi : Twitter board would be nuts to agree to this https://twit...
By tweeting that his Twitter deal is “on hold”, Musk yet again commits “lite securities fraud” while laying the groundwork to walk away or renegotiate the price
Musk's Deal On Hold Politique Republic : Elon Musk is Paying Too Much for Twitter Chandraveer Mathur / iPhone Hacks : Elon Musk Says the $44 Billion Twitter Deal Is ‘on Hold’ Owen Thomas / Protocol : ...
Thursday's House Committee hearing focused very little on social media's role in the GameStop squeeze and instead focused on Robinhood's influence
Can't Stop, Won't Stop, GameStop!!!! — Stonks for the long run. Tim Alper / Cryptonews : BitMEX Founder Arthur Hayes Returns to Tout The Crypto Game Steve Muchoki / coinspeaker.com : Congress Brands...