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Custody Giant Prime Trust Files For Chapter 11 Bankruptcy But Says It Will Continue Operations

Virtual currency custody solutions provider Prime Trust has filed for Chapter 11 bankruptcy following a liquidity crisis that community members say has been brewing for several months. The company made the filing on August 14, noting that the bankruptcy procedure will “provide a transparent and value-maximizing process for the benefit of the Company’s clients and […] дальше »

2023-8-22 21:29


Trove of evidence against Sam Bankman-Fried includes Caroline Ellison-authored document, ‘Things Sam is Freaking Out About’

U. S. government prosecutors have moved to admit and exclude specific evidence in the case of former FTX CEO Sam-Bankman Fried in an Aug. 14 filing. Caroline Ellison’s statements could become evidence In the relevant filing, prosecutors asserted that communications from Bankman-Fried’s associates should not be excluded as hearsay. дальше »

2023-8-16 01:30


Coinbase launches Stand with Crypto Alliance, reports 52k ‘advocate’ signups on first day

Coinbase announced on Aug. 14 the launch of its Stand With Crypto Alliance, an initiative aimed at countering anti-crypto legislation by mobilizing the community at a grassroots level. While Coinbase has not detailed its long-term strategy, the company suggests that it aims to foster a grassroots movement and develop a proactive constituency advocating for legal […] The post Coinbase launches Stand with Crypto Alliance, reports 52k ‘advocate’ signups on first day appeared first on CryptoSlate. дальше »

2023-8-15 04:00


Sam Bankman-Fried charged with fraudulent campaign donations exceeding $100M

Sam Bankman-Fried, the founder and former CEO of FTX, is now facing charges of illegal campaign financing activity, per superseding indictment filed Aug. 14. The prosecutor’s filing alleges that Bankman-Fried contributed more than $100 million to Democratic and Republican campaigns with the intention of influencing cryptocurrency regulation. дальше »

2023-8-15 01:20