New York Financial News
23.12 / 11:11
US court
Fried
Sam
Sam Bankman-Fried released on $250m bond after FTX founder faces US court
FTX founder Sam Bankman-Fried was released on a $250m bond 22 December and ordered to stay in his parents’ Palo Alto, California, home, after the former executive’s first appearance in a New York federal court following his extradition from the Bahamas.
23.12 / 09:01
23.12 / 00:33
business
Investments
SEC
Deal
Crypto exchange Bullish announces termination of SPAC deal, citing SEC practices
Bullish, a crypto firm that came to public attention in July 2021 for seemingly being unclear on what products or services it was offering, has announced the termination of a deal aimed at taking the company public.
22.12 / 22:55
regulation
FTX
bail
SBF sent home after his parents put up their house to cover his astronomical bail bond
Sam Bankman-Fried, the former CEO of FTX now facing criminal charges that could land him in jail for the rest of his life, may be granted bail in the United States ahead of his trail, Reuters reported Dec. 21.
22.12 / 20:55
Twitter
Cooper
FTX
Fried
Sam
Official: Sam Bankman-Fried Enters FBI Custody and Set to Appear in Front of US Judge as Associates Ellison and Wang Turn on Him
Sam Bankman-Fried (SBF), the disgraced founder of crypto exchange FTX, has been extradited to the United States and is set to appear before a judge on Thursday.
22.12 / 15:49
business
FTX
community
FTX, Alameda execs plead guilty to fraud charges: Community responds
In the newest update to the FTX saga, former Alameda Research CEO Caroline Ellison and former FTX co-founder Gary Wang plead guilty to fraud charges and are currently helping with the investigation of former FTX CEO Sam Bankman-Fried. As the news broke, crypto community members shared their thoughts on the new development.
22.12 / 13:07
business
regulation
FTX
Court
Jail
Deal
Alameda's Caroline Ellison escapes potentially 110 years in jail via plea deal
One of the key witnesses on the ongoing FTX investigation could evade all the seven counts of allegations against her with a plea deal. Former Alameda Research CEO Caroline Ellison would be prosecuted only for criminal tax violations and can be released immediately by paying the $250,000 bail.
22.12 / 11:35
UPS
Citi
Cooper
CEO
Fried
Sam
FTX latest: Sam Bankman-Fried extradited to US and two top executives plead guilty to charges
The founder and former CEO of cryptocurrency exchange FTX, Sam Bankman-Fried was being extradited from the Bahamas by US law enforcement on Wednesday, to answer to charges tied to his role in FTX's failure. He is expected to appear in a federal court in New York City on Thursday.
22.12 / 11:31
FTX founder extradited to the US to face criminal charges
NASSAU, Bahamas — FTX founder Sam Bankman-Fried was transferred to US custody on 21 December to face criminal charges connected to the collapse of the crypto exchange, after a judge here approved his extradition.
22.12 / 09:49
Ethereum
Dash
Platform
Bitcoin
Bitcoin Price and Ethereum Prediction; Paxful Delists Ethereum
During the Asian session on December 22, Bitcoin price prediction remains bearish below $17,000, as the market appears to have low volatility and trading volume ahead of the Christmas holidays. Similarly, Ethereum has also remained mostly unchanged at $1,220. Ethereum (ETH) has been delisted from the peer-to-peer cryptocurrency exchange Paxful on the grounds that it is no different from any other fiat money.
22.12 / 06:25
regulation
FTX
Breaking: Caroline Ellison and Gary Wang plead guilty to fraud charges
Former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang have pleaded guilty to federal fraud charges and are cooperating with prosecutors as part of the criminal case against the former CEO of FTX, Sam Bankman-Fried.
21.12 / 13:25
FTX
Ftx Trial
Fried
Sam
Extradition
Extradition Papers Signed: Sam Bankman-Fried, Founder of FTX, to Return to US for Charges
Sam Bankman-Fried, the disgraced founder of collapsed crypto exchange FTX, has signed extradition papers, agreeing to be extradited to the United States.
21.12 / 07:51
business
cryptocurrency
FTX Crash
Deal
Fried
Sam
bail
Sam Bankman-Fried Said to Be in Talks With Prosecutors Over Bail Deal
Sam Bankman-Fried’s legal team is discussing a deal with federal prosecutors that could allow the disgraced cryptocurrency mogul to be released on bail when he is extradited to the United States, according to three people with knowledge of the matter.
21.12 / 03:55
business
Law
Court
Extradition
SBF signs extradition papers, set to return to face charges in the US
Sam Bankman-Fried, the jailed founder of the FTX cryptocurrency exchange has reportedly signed papers on Dec. 20 waiving his extradition hearing in the Bahamasand see him flown to the United States to face multiple criminal charges.
20.12 / 14:07
Binance
regulation
UK
Boris Johnson’s Brother Quits Binance Unit Advisory Role Amid 'Finance Transparency Concerns' and Market Turmoil – Here’s What Happened
Jo Johnson, brother of former British Prime Minister Boris Johnson, resigned from the UK advisory board of Bifinity, a unit of the major crypto exchange Binance.
20.12 / 09:53
European Union
Harvey Weinstein found guilty of rape in second sexual misconduct trial
Jurors in Los Angeles on Monday found Harvey Weinstein guilty of the rape and sexual assault of just one of the four accusers he was charged with abusing.
19.12 / 23:03
CFTC
SEC
Fried
Sam
Extradition
Sam Bankman-Fried arrested and consented to the extradition — Law Decoded, Dec. 12-19.
Welcome to Law Decoded, your weekly digest of all the major developments in the field of regulation.
18.12 / 09:15
business
Investments
Donations
investigation
Elections
SBF prosecutors reportedly dig into donations made to top US Democrats
The prosecutors investigating former FTX CEO Sam Bankman-Fried (SBF) have reportedly reached out to top members of the Democratic Party demanding information about the political donations made by the entrepreneur.
17.12 / 13:15
UPS
Twitter
Platform
European Commission
elon
Twitter reinstates banned journalists after Elon Musk online vote
Twitter owner Elon Musk said he'll reinstate the accounts of several journalists suspended from the social media platform, after Musk accused them of endangering his family.
17.12 / 01:35
business
Twitter
Bitcoin
Hal Finney's wife resumes activity on Bitcoin pioneer's Twitter account to avoid potential purge
Fran Finney, the wife of computer scientist Hal Finney — the recipient of the first transaction on the Bitcoin blockchain from Satoshi Nakamoto — reactivated her late husband’s Twitter account amid concerns Twitter CEO Elon Musk might purge the content from the social media platform due to inactivity.
17.12 / 01:03
Twitter
Digital
Aware
Platform
European Commission
UN condemns Twitter's decision to suspend journalists' accounts as EU threatens sanctions
The United Nations and the European Union have condemned Twitter's decision to suspend several journalists covering the social media platform and its new owner Elon Musk.
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