The lawyer representing Sam Bankman-Fried, the founding father of FTX, urged US District Choose Lewis Kaplan yesterday (Tuesday) to contemplate a lenient sentence for his consumer’s conviction associated to the alleged misappropriation of funds from clients of the now-defunct cryptocurrency…
Lawyer
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Regulation
Prime SEC crypto lawyer leaves to affix pro-crypto agency, regulator dealing with new lawsuit
by Jeremyby JeremyStewart, who served as Regional Trial Counsel within the SEC’s Crypto Property and Cyber Unit since September 2022, has joined White & Case as a accomplice to determine a crypto and cyber protection a press release to Bloomberg, she…
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Mark Scott, the lawyer who laundered $400 million for the OneCoin crypto rip-off, has been sentenced to 10 years in He was convicted of two counts associated to financial institution fraud and cash laundering in etoro: Expertise a…
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Bitcoin NewsNews
Sam Bankman-Fried’s lawyer says FTX fraud trial was “virtually unattainable” to win: Report
by Jeremyby JeremyThe lawyer accountable for Sam Bankman-Fried’s felony trial protection has admitted that the case was “virtually unattainable” to win from the Ellison wished to step down however feared a financial institution run on FTX“I assumed it was virtually unattainable…
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In a 8 submitting in United States District Courtroom for the Southern District of Flordia Miami Division, Moskowitz stated Zhao’s testimony could be “essential to the claims and defenses of all events” The legislation agency filed the movement…
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Altcoin NewsNews
Ripple lawyer urges fact-check of Gary Gensler’s speech, says SEC actions seen as ‘shady’
by Jeremyby JeremyOn 16, SEC Chair Gary Gensler shared a video of him conducting a speech on the 2023 Securities Enforcement Discussion Within the speech, he highlighted the phrases of the primary SEC chair, Joseph Kennedy, saying that the…
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Exchanges
Crypto lawyer John Deaton believes Ripple has 90% likelihood of successful SEC lawsuit
by Jeremyby JeremyDeaton stated {that a} settlement of $20 million or much less would signify a big authorized triumph for Ripple, a sentiment echoed by many within the cryptocurrency vs SECThe lawsuit, which the SEC initiated towards Ripple Labs in December…
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In a current X social media submit, Deaton strongly refuted the concept the lawsuit’s consequence was a good 50-50 final result for the SEC, asserting that it leaned nearer to a 90-10 benefit in favor of Deaton’s remarks have…
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Altcoin NewsNews
Lawyer questions Sam Bankman-Fried on his political donations at trial
by Jeremyby JeremyIn accordance with studies from the courtroom on 27, Bankman-Fried claimed to not have mentioned donations to politicians with former FTX engineering director Nishad Singh and former FTX Digital Markets co-CEO Ryan SBF reportedly mentioned the donations…