Browsing: Reviews

FTX Co-Founder SBF Appeals for Weekly Jail Release to Build Defense Against Allegations, Crypto World Awaits High-Stakes Fraud Trial Fallout In a dramatic turn of events, the co-founder of FTX, Sam Bankman-Fried (SBF), who found himself behind bars a mere week ago, is now fervently appealing for permission to spend five days a week at the federal courthouse in Manhattan. He aims to collaborate closely with his legal team on building a robust defense against the slew of allegations that have befallen him. According to a recent report, Bankman-Fried’s lawyers, in a compelling plea to US District Judge Lewis Kaplan,…

Hong Kong SFC Chief emphasizes crypto’s importance post-FTX bankruptcy. New regulations protect investors, foster innovation, and attract Web3 firms. After FTX’s bankruptcy, Julia Leung Fung-yee, the CEO of Hong Kong’s Securities and Futures Commission, claimed that integrating virtual assets into the regulatory framework was essential. Protecting Investors And Promoting Innovation: Hong Kong’s Response To FTX’s Failure Following the failure of cryptocurrency exchange FTX last November, Julia Leung Fung-yee, CEO of Hong Kong’s Securities and Futures Commission (SFC), addressed Hong Kong’s adoption of Web3 legislation. She noted that crypto trading is a crucial component of the ecosystem for virtual assets. Leung…