Creditors Accuse Genesis of Ballot-Stuffing Over $175M FTX Deal
Genesis is facing headwinds as it seeks to finalize its wind-up after a January bankruptcy – and is now being accused by Gemini and other creditors of voter “manipulation.”
Regulations
OKX Planning Web3 Foray Into India, Chief Marketing Officer Says
OKX, one of the biggest crypto exchanges by trading volume, is planning to enter India to explore potential Web3 applications.
SEC Delays Spot Bitcoin ETF Decision for All Applicants Including BlackRock, Fidelity
The U.S. Securities and Exchange Commission (SEC) delayed making a decision on any bitcoin exchange-traded fund applications filed earlier this year.
U.S. Court Calls ETH a Commodity While Tossing Investor Suit Against Uniswap
A New York judge declined to “stretch the federal securities laws to cover the conduct alleged” in a proposed class action complaint seeking to hold Uniswap accountable for “scam tokens” issued on the protocol.
Elon Musk’s X Has Licenses in Multiple U.S. States to Process Payments, Including Crypto
Elon Musk’s social media platform X, formerly Twitter, has obtained money or currency transmitter licenses in seven U.S. states.
Gemini Opposes Genesis Bankruptcy Plan: ‘Woefully Light on Specifics’
Attorneys for crypto exchange Gemini argued that a proposed resolution for Genesis’ bankruptcy doesn’t have enough detail or provide any assurances for some if its largest debtors in a new filing Wednesday.
Sam Bankman-Fried Lawyers ‘Need’ Him Out Of Jail Ahead of Trial, They Tell Judge
Sam Bankman-Fried (Elizabeth Napolitano/CoinDesk)
SEC’s Grayscale Court Rout Puts Agency in Will-They, Won’t-They Role Starring Gensler
The crypto industry’s campaign to set up exchange-traded funds (ETFs) has now pushed the U.S. Securities and Exchange Commission against a wall with Grayscale Investments’ consequential court win, but it’s still up to the agency to decide whether to retreat or keep fighting.
Sam Bankman-Fried’s Complaints About Discovery Are ‘Misleading,’ DOJ Says
Federal prosecutors have challenged FTX founder Sam Bankman-Fried’s allegations that prosecutors dumped “millions” of pages worth of potential evidence on the former CEO’s defense team just two months ahead of his criminal trial, a Tuesday court filing shows.
Binance’s Belgian Customers to Use Polish Entity in Bid to Escape Regulators’ Ban
Financial authority FSMA told the company in June to cease serving Belgian customers from outside the European bloc