Ex-FTX Compliance Officer Sued for Allegedly Paying Off Would-Be Whistleblowers
Ex-FTX Compliance Officer Sued for Allegedly Paying Off Would-Be Whistleblowers FTX’s lawyers allege Daniel Friedberg allowed its executives’ criminal activities to fly under the radar for years.
Crypto Exchange Binance’s Motion to Restrain SEC’s Public Statements Denied
Binance’s attempt to prevent the U.S. Securities and Exchange Commission (SEC) from making public statements alleging that the crypto exchange mishandled U.S. customers’ assets has been denied by the judge overseeing its enforcement case. A former SEC head of internet enforcement warned that the motion may “prompt the criminal authorities to expedite whatever action, if […]
FTX sues ex-compliance officer Daniel Friedberg
Current leadership for FTX sued the company’s former compliance officer, Daniel Friedberg, as seen in a court filing dated June 27. Friedberg allegedly breached duties The filing broadly alleges that Friedberg breached his fiduciary duties and engaged in misconduct. Friedberg previously served as Chief Compliance Officer at FTX, General Counsel at Alameda Research, and in […]
Shiba Inu (SHIB) Investor’s Uncertainty Results in Half-Trillion Outflows
Posted on June 29, 2023, 1:30 am by Nantha kumar 3 mins read Altcoin News 500 billion Shiba Inu tokens have been moved out of the wallets of investors.SHIB has failed to surpass the critical resistance level. Shiba Inu (SHIB), the popular dog-themed memecoin, has experienced significant outflows from exchanges that have occurred within the […]
Azuki ‘Elementals’ Mint Mishap Highlights the Fragile State of the NFT Market
Azuki ‘Elementals’ Mint Mishap Highlights the Fragile State of the NFT Market From questionable mint mechanics to recycled artwork, Azuki’s latest NFT mint shows that even blue-chip projects are struggling to grow during a challenging bear market.
Canadian lawmakers publish recommendations in support of blockchain adoption
While the U.S. grapples with a fragmented and turbulent regulatory environment for digital assets, some of Canada’s lawmakers are attempting a more holistic approach. The Canadian House of Commons’ Standing Committee on Industry and Technology has published a comprehensive report on blockchain technology, including a series of recommendations to the Government of Canada to […]