Daily Archives: October 23, 2023, 8:42 am

Sam Bankman-Fried Took Risks at FTX. Will He Bet on His Own Testimony? – WSJ

With federal prosecutors set to wrap up their case this week, Bankman-Fried’s legal team will be searching for some way to change the momentum. While taking the stand in one’s own defense is usually considered too perilous a step to leave to chance, the state of the trial, plus Bankman-Fried’s limited options, point toward testifying as his best shot, lawyers…

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U.S. Chamber of Digital Commerce argues SEC’s case against Binance | CryptoTvplus – The Leading Blockchain Media Firm

In an amicus brief filed on Oct. 19, the U.S. Chamber of Digital Commerce claims that the SEC’s actions against Binance’s U.S. operations are akin to “suing the equivalent of a grocery store selling oranges and other fruit.” *** The SEC alleges that the exchanges violated securities laws by offering unregistered staking products and listing unregistered securities. The exchanges have…

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Crypto Lawyers Eye SEC Decision to Dismiss Ripple Execs’ Civil Charges | Law.com

Experts in cryptocurrency law on Friday said that the U.S. Securities and Exchange Commission may have dropped its final claims against executives at Ripple Labs because it wants to speed up a potential appeal to the Second Circuit—but that’s not the only noteworthy part of Thursday’s news. *** Cleary Gottlieb Steen & Hamilton partner Matt Solomon, who led Garlinghouse’s legal…

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