CFTC Asks Court to Drop Biden-Era Lawsuit Against Crypto Exchange Gemini
The Commodity Futures Trading Commission asked the courts to drop a Biden-era lawsuit against digital currency exchange Gemini.
CFTC
Trump Officials Mock Gaming Industry for Enlisting Chris Christie as Adviser
Administration officials are mocking the American Gaming Association (AGA) for enlisting former Gov. Chris Christie (R-NJ), a staunch Trump critic and twice-failed presidential candidate, as a strategic adviser.
Boss of Crypto Platform Celsius Arrested on Fraud Charges, Company Agrees to $4.7 Billion Settlement
Alex Mashinsky, the founder of Celsius Network, was arrested this week on federal securities fraud charges. The crypto lending platform also agreed to pay a $4.7 billion settlement to regulators over its past mistreatment of investors.
Crypto Giant Binance Accused of Concealing Ties to China
Documents obtained by the Financial Times suggest that the world’s largest cryptocurrency exchange, Binance, maintained connections with China, contradicting the company’s previous claims.
Feds Sue Binance, World’s Largest Cryptocurrency Exchange
The Commodity Futures Trading Commission (CFTC) today sued Binance Holding Ltd., alleging it violated U.S. rules on futures and derivatives trading — despite the fact that Binance has no formal presence in the U.S.
Bankruptcy Attorneys: Sam Bankman-Fried Ordered FTX Cronies to Program a Backdoor to Access Clients’ Funds
Sam Bankman-Fried had a “secret” $65 billion backdoor into FTX clients’ funds, attorneys claim, alleging that the disgraced FTX founder and Democrat super donor had ordered a co-founder to insert a secret backdoor into FTX code to funnel clients’ money into his hedge fund. The attorneys claim that SBF “bought planes, houses, threw parties, made political donations,” with client money.
Sam Bankman-Fried’s Cronies Plead Guilty to Federal Charges Related to FTX Collapse
Gary Wang, co-founder of FTX, and Caroline Ellison, former co-CEO of Sam Bankman-Fried’s Alameda Research, have both pleaded guilty to federal offenses in the Southern District of New York, according to a statement released by U.S. Attorney Damian Williams this week.
Yellen Consulted Ethics Lawyers Over GameStop Meeting
Her enormous speaking fees from Citadel raise questions about conflicts of interest.
