State of Crypto

Is the Sam Bankman-Fried Story Over?

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Is the Sam Bankman-Fried Story Over?

“He spent his customers’ money and he lied to them about it. Where did the money go? The money went to pay for investments, to repay loans, to cover expenses, to purchase property, and to make political donations,” Roos said last year. During the sentencing hearing, he went further, saying, …

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What a Judge Said About the SEC’s Suit Against Coinbase

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What a Judge Said About the SEC’s Suit Against Coinbase

“The parties do not dispute that, to prevail on its claims, the SEC need only establish that at least one of these 13 Crypto-Assets is being offered and sold as a security, and that Coinbase has intermediated transactions relating therewith, such that transacting in that Crypto-Asset would amount to operating …

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Binance Is Having an Odd Time

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Binance Is Having an Odd Time

Binance is having a weird moment, perhaps most clearly illustrated by the fact that a national government detained two of its executives for a month now – and one is only free because he seemingly escaped custody. Source link