Breaking news and analysis exploring how the legal industry and regulators are approaching virtual currency and other blockchain-enabled items.
By Jane Wester | October 26, 2023
U.S. District Judge Lewis Kaplan of the Southern District of New York observed that FTX and Alameda Research founder Sam Bankman-Fried has "an interesting way of responding to questions" as he took the stand in his fraud and money laundering trial.
3 minute read
By Maydeen Merino | October 25, 2023
"We would never allow the New York Stock Exchange … to do the things that crypto intermediaries may be doing," Gensler said.
3 minute read
By Jane Wester | October 25, 2023
U.S. District Judge Lewis Kaplan of the Southern District of New York already demonstrated a willingness to question witnesses himself in the course of the first three weeks of the trial.
5 minute read
By Maydeen Merino | October 20, 2023
"The division's efforts, as laid out in the 2024 priorities, enhance trust in our ever-evolving markets," SEC Chair Gary Gensler said.
5 minute read
By Jane Wester | October 20, 2023
With the charges dismissed, the only step remaining before a potential appeal is a remedies phase.
4 minute read
By Jane Wester | October 17, 2023
Defense counsel' Mark S. Cohen's first questions related to Singh's testimony, on direct examination, that he sometimes thought Bankman-Fried's spending was excessive or involved bad business decisions.
3 minute read
By Jane Wester | October 16, 2023
Bankman-Fried's lead defense counsel has raised concerns about his client's limited access to Adderall several times since Bankman-Fried was remanded to Brooklyn's Metropolitan Detention Center in August, saying he needs the medication to be able to meaningfully participate in the preparation of the defense case.
3 minute read
By Rebecca L. Palmer | October 13, 2023
Banking, email, online shopping, medical records, streaming services, Zoom accounts, and other information subject to digital privacy may still be shared with your former partner. In such a situation, a self-imposed "digital divorce" may also be needed to remove or change shared passwords.
4 minute read
By Maydeen Merino | October 12, 2023
"The problem is you have to do regulation, but you have to do it right," Hester Peirce, a Republican, told the Security Traders Association's annual conference.
4 minute read
By Jane Wester | October 12, 2023
A former Alameda Research software engineer testified that Ellison's nervous laughter, which was audible in the recording, was not unusual for the former cryptocurrency trading firm CEO.
5 minute read
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