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Apr 3, 2024 | 
unchainedcrypto.com | Jacob Oliver
Binance Holdings Ltd and two executives, Tigran Gambaryan and Nadeem Anjarwalla, are set to be arraigned on Thursday on charges related to money laundering and tax evasion in the Federal High Court in Abuja, Nigeria. Set against a dramatic currency crisis, the country’s enforcement actions against the world’s largest crypto exchange have attracted international attention.
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Apr 2, 2024 | 
unchainedcrypto.com | Jacob Oliver
As market onlookers attempt to sort out the primary buyers of bitcoin ETFs, a new set of clues has begun to emerge this week as major financial institutions have begun to file 13Fs for Q1 2024, which provides the SEC with snapshots of their holdings as of March 31. Form 13F is a filing made by institutional asset managers within 45 days of the end of each quarter.
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Mar 28, 2024 | 
unchainedcrypto.com | Jacob Oliver
Sam Bankman-Fried, the founder of the now-defunct cryptocurrency exchange FTX, has been sentenced to 25 years in prison, marking an end to one of the largest criminal fraud cases in history. The sentence was handed down by Judge Lewis Kaplan in the Southern District of New York on March 28.
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Mar 27, 2024 | 
unchainedcrypto.com | Jacob Oliver
The United States District Court for the Southern District of New York has rejected Coinbase’s motion to dismiss the Securities and Exchange Commission’s (SEC) charges against it. This pivotal decision not only escalates the legal confrontation between the cryptocurrency exchange and the regulatory agency but also signals a crucial moment for regulatory oversight in the industry. In its ruling, the court agreed that the SEC had brought sufficient evidence to advance its case to court.
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Mar 26, 2024 | 
unchainedcrypto.com | Jacob Oliver
After a series of embarrassing missteps in the courtroom, the US Securities and Exchange Commission (SEC) is in dire need of a win in its ongoing enforcement actions against the crypto industry.
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Mar 25, 2024 | 
unchainedcrypto.com | Jacob Oliver
Crypto markets are enjoying their bull run, consistent with the boom cycles that have characterized the landscape thus far. Each cycle, however, distinguishes itself by which blockchains lead the charge. In this cycle, Solana has emerged as a standout winner, largely due to its promise of lightning-fast throughput speeds and negligible transaction fees. Solana has thus seen a boom in memecoin issuance and trading, with several explicitly useless tokens going “to the moon” overnight.
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Mar 18, 2024 | 
unchainedcrypto.com | Jacob Oliver
Binance cofounder and former CEO Changpeng Zhao, who is currently awaiting sentencing for a series of anti-money laundering violations, announced Monday that he would be launching a new “education project,” promising details to follow. With just over a month remaining until his sentencing on April 30, Zhao took to X to tease his plans, stating, “Launching a new project. No, no new tokens. Education project. More details soon…”Launching a new project. No, no new tokens. Education project.
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Mar 15, 2024 | 
unchainedcrypto.com | Jacob Oliver
U.S. prosecutors have submitted sentencing recommendations for Sam Bankman-Fried, recommending to the court that the former FTX CEO be imprisoned for a minimum of 40 to 50 years. In writing their recommendation to Judge Lewis Kaplan, who has presided over Bankman-Fried’s trial, the government emphasized that the scale and callousness of his crimes demand severe punishment under federal sentencing guidelines.
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Mar 12, 2024 | 
unchainedcrypto.com | Jacob Oliver
Grayscale Investments submitted a new filing with the US Securities and Exchange Commission (SEC) on Monday to launch the Grayscale Bitcoin Mini Trust, a spin-off fund of its Grayscale Bitcoin Trust (GBTC). In its filing, Grayscale describes the Bitcoin Mini Trust as a spin-off from the company’s existing Grayscale Bitcoin Trust (GBTC).
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Dec 27, 2023 | 
cryptoslate.com | Mike Dalton |Jacob Oliver
Bitzlato suspends ‘special balance withdrawals’ while assets still under seizure 49 seconds ago · 1 min read News ▸ France · Russia ▸ Legal 1 min read Updated: December 28, 2023 at 12:08 am Share The Russia-linked cryptocurrency exchange Bitzlato announced a temporary halt on certain withdrawal requests on Dec. 27, despite having had its assets seized by French authorities in January.
