Daily Archives: October 18, 2022, 8:37 am

Matthew B. Kulkin, Former CFTC Official and Futures and Derivatives Law Leader, Joins WilmerHale

Financial Services Securities Enforcement Securities Litigation WilmerHale is pleased to announce that Matthew B. Kulkin, a former Commodity Futures Trading Commission official, has joined the firm as a partner and member of its industry-leading Securities and Financial Services group. He will lead the firm’s futures and derivatives practice. Source: Matthew B. Kulkin, Former CFTC Official and Futures and Derivatives Law…

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Coinbase Threatens to Sue Crypto Traders Who Profited From Pricing Glitch

Coinbase, the world’s second-largest cryptocurrency trading platform by volume, is hinting it may sue about 1,000 users in the republic of Georgia for taking advantage of a pricing glitch. On Aug. 29, about 1,000 Coinbase users in the country straddling Europe and Asia exploited the “arbitrage opportunity” when the lari, the local currency, was priced at $290 rather than $2.90…

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FTX, CEO Sam Bankman-Fried investigated by Texas securities regulator – The Washington Post

Texas’s securities regulator is investigating crypto trading platform FTX and its billionaire founder, Sam Bankman-Fried, for selling an investment product that potentially violated state law. The probe, announced in a Friday filing by Texas State Securities Board enforcement director Joe Rotunda, centers on whether FTX has been illegally offering Texans accounts that pay interest on crypto deposits. Rotunda argues that…

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Elizabeth Holmes bids for new trial as ex-Theranos aide stands by testimony

A key witness in a trial that led to the conviction of disgraced Theranos CEO Elizabeth Holmes adamantly stood by his testimony during an unusual court appearance Monday. The prosecution witness, former Theranos lab director Adam Rosendorff, made a remorseful appearance at Holmes’ Silicon Valley home after the trial, raising questions about potential misconduct. *** Monday’s hearing provided what might be the…

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