A crypto legal expert says he sees a complete and total victory for Ripple over the U.S. Securities and Exchange Commission (SEC) as the most likely outcome of the XRP lawsuit. The SEC sued Ripple in late 2020, alleging that the payments firm sold the crypto asset XRP as an unregistered security. Attorney Jeremy Hogan tells his …
Continue reading “Ripple Likely Coming Out on Top in XRP Battle With SEC, Says Crypto Legal Expert”
Kraken founder Jesse Powell is criticizing Binance’s proof-of-reserves report as increased scrutiny of the finances of crypto exchanges circulates through the industry. Responding to former U.S. Securities and Exchange Commissions (SEC) employee John Reed Stark on Twitter, Kraken founder Jesse Powell explains why he sees some red flags in Binance’s recently published proof-of-reserves report. “Big red …
The world’s largest crypto exchange says it is probing certain accounts after noticing abnormal trading behavior on its platform. Binance says it is taking precautionary measures after noticing atypical activity involving the altcoins Sun Token (SUN), Ardor (ARDR), Osmosis (OSMO), FUN Token (FUN) and Golem (GLM). “We are aware of the abnormal price movements for …
U.S. Department of Justice (DOJ) prosecutors are reportedly divided over whether or not to file money laundering charges against the world’s largest crypto exchange and its CEO. According to a new Reuters report, DOJ officials are currently discussing possible plea deals with lawyers representing Binance and Changpeng Zhao, with some DOJ officials holding that the evidence …
Crypto mining firm Argo Blockchain has reported it had been negotiating to sell assets and “engage in an equipment financing transaction” in an effort to avoid filing for bankruptcy. In a Dec. 12 announcement, Argo Blockchain said it was at risk of having insufficient funds to continue operating within a month, and was in the …
Welcome to Law Decoded, your weekly digest of all the major developments in the field of regulation. So, Sam Bankman-Fried, public enemy number one, won’t appear in front of Senators on Dec. 14, as he missed the deadline for responding to a Senate Banking Committee request. However, we could witness the entrepreneur appear before Congress …
Continue reading “SBF misses the Senate hearing but promises to testify to the House: Law Decoded”
The consumer price index (CPI) data on Dec. 13 and the outcome of the Federal Reserve meeting on Dec. 14 could influence the United States stock markets and the cryptocurrency markets in the near term. Traders are likely to play it safe and not take large directional bets until the CPI print because any nasty …
Continue reading “Price analysis 12/12: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT”
The Dash price prediction reveals that DASH may create a new uptrend as the technical indicator moves to cross into the overbought region. Dash Price […] Go to Source
Binance will launch an online learning program aimed at helping customers understand the crypto industry. The program has been created in association with Founderz Business School. It will be available in English and French from February 2023 onwards. The first 7500 students to enroll will get a special edition NFT. The largest crypto exchange in …
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The former CEO of the FTX, Sam Bankman-Fried, has been officially included as a witness for the Congressional hearing on the collapse of the crypto […] Go to Source
Disgraced crypto founder Sam Bankman-Fried reportedly tried to disrupt the digital asset markets in November in a last-ditch effort to save his failing exchange, FTX. In a Wall Street Journal (WSJ) report, sources say they saw messages in a Signal group appearing to show Binance CEO Changpeng Zhao telling Bankman-Fried to stop trying to destabilize …
Bitcoin (BTC) failed to break above the $17,250 resistance on Dec. 11 and subsequently faced a 2.2% correction. More importantly, the last daily close above this level was over 30 days ago — reinforcing the thesis of size sellers near the $330 billion market capitalization mark. Curiously, this valuation level is slightly behind Palladium, the …
Despite the ongoing bear market, Jan3 CEO and Bitcoin (BTC) proponent Samson Mow believes that the leading cryptocurrency could reach the $1-million-price benchmark in the next five to 10 years. The collapse of major fiat currencies will be a major catalyst, which he said can “happen very rapidly” and “are not anticipated.” ”It just sort …
Eric Adams, who became mayor of New York City in January, has reportedly stood behind a campaign pledge to make the city a crypto hub, despite a drop in the price of many tokens in 2022. According to a Dec. 12 report from Slate, Adams suggested he still wanted New York City to be the …
Continue reading “NYC Mayor stands by Bitcoin pledge amid bear market, FTX: Report”
Continuing his so-called apology tour, Sam Bankman-Fried appeared on a Twitter Space with Unusual Whales and told nearly 60,000 listeners that he intends to testify at the United States House of Representatives Financial Services Committee remotely on Dec. 13. He was previously confirmed to appear in person. Bankman-Fried, who is allegedly currently located in the …
