Binance CEO Changpeng Zhao (CZ) reportedly turned down a $40 million proposal from ex-FTX CEO Sam Bankman-Fried (SBF) in March 2019. The offer revolved around
Category: Regulation News
DOJ Asserts U.S. Crypto Laws Irrelevant in Bankman-Fried Case
Despite the ongoing debate over the U.S. crypto regulatory framework, the Department of Justice (DOJ) has firmly stated that the lack of cryptocurrency laws won’t
Alameda’s Sam Trabucco and Scaramucci Eyed as Witnesses
Amid the unfolding legal drama surrounding the FTX crypto exchange’s downfall, the former Alameda Research CEO, Sam Trabucco, and Anthony Scaramucci, ex-spokesman for Donald Trump,
Jump Trading Loses Over $200 Million, Reveals New Book
Jump Trading, a quantitative trading firm based in Chicago, faced significant losses exceeding $200 million due to the bankruptcy of FTX, a cryptocurrency derivatives exchange.
Celsius CEO Alex Mashinsky to Face Fraud Allegations in 2024
Former Celsius CEO Alex Mashinsky is gearing up for a criminal trial slated for Sept. 17, 2024. This development comes in the wake of allegations
FTX Founder Fights to Exclude Witnesses in Upcoming Trial
Sam Bankman-Fried, the former CEO of the collapsed crypto exchange FTX, is currently attempting to prevent the government from asking multiple witnesses in his upcoming
Binance and CEO Face Lawsuit Over Alleged FTX Sabotage
Binance.US and its Chief Executive Officer, Changpeng Zhao, have been thrust into a legal quagmire. A collective lawsuit was lodged against them in the Northern
Tom Brandy Feels Betrayed After FTX’s Downfall
FTX’s founder, Sam Bankman-Fried, secured strategic partnerships with sports icon Tom Brady and supermodel Gisele Bündchen. This influential figure has been ushered in as an
Kenya’s Parliament Urges Immediate Halt to Worldcoin Initiative
Kenya’s parliamentary committee has decisively recommended the immediate halting of the Worldcoin cryptocurrency initiative. This swift call to action comes after growing apprehensions over users’
Haru Invest’s CEO Reveals Roadmap for Asset Recovery
Bankrupt South Korean centralized finance (CeFi) venture Haru Invest recently hinted at a structured asset recovery plan. This move offers a glimmer of hope to
