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The stage is set for a federal judge to determine how long Sam Bankman-Fried may spend in prison. The U.S. Department of Justice and defense attorneys have now both filed their arguments, as well as statements from FTX creditors (from the prosecution) and Bankman-Fried’s family and friends (from the defense). Source link
To find where you stand on the spectrum, ask yourself whether Bitcoin is just and only “savings technology,” a hard money solution to ever-inflating fiat currency? Or, is it also a platform to build fun or useful applications? For years, Bitcoin culture had been dominated by the former, in part because there wasn’t much you […]
COPA, for its part, said it would refer Craig for criminal proceedings, which might involve the numerous times he perjured himself. Justice Mellor said he would issue a “fairly lengthy written judgment” of the trial which saw Wright submit forged evidence and lie incessantly. Hodlonaut, who appeared in court during Wright’s cross-examination, expects the document […]
How a Bitcoin Mixer Laundering Conviction Might Be Appealed Source link
Judges Pierre N. Leval, Denny Chin and Alison J. Nathan applied another court precedent, Morrison v. National Australia Bank, to say that the factors that matter are where the users placed the trades, where they paid for them and where they took on the terms of service – in the case of the plaintiffs in […]
A part of the project “SOURCE [On NFTs]” is about looking at ideas of truth through history, specifically in terms of the NFT space. It really is a project that was influenced by the making of this book. We trained an algorithm on a tower of key texts, historical texts — everything from fourth century […]
Shapeshifting Justice: The SEC’s Weakest Case Yet Source link
A federal judge ruled that secondary-market transactions for certain cryptocurrencies violated securities law. The catch: This was a default judgment. The defendant never showed up, and no one filed amicus briefs to oppose the Securities and Exchange Commission’s motion for a default ruling. Source link
That a volatile asset like bitcoin hasn’t kept up with inflation (at least since the last ATH) is a bit of a red herring when considering how far it has come. A bitcoin in someone’s wallet today, for instance, would be worth $48,395.13 in 2008, when it was first launched and didn’t have a market […]
What’s different this time? ETFs, Wall Street and a lack of celebrity influencers — for now. Source link