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Tag: Legal
Bankman-Fried sought ‘constructive relationship’ with criminal case witness
Prosecutors shared copies of Sam Bankman-Fried’s messages to FTX CEO John Ray III and an unnamed witness in new court documents on Monday, as lawyers seek to restrict the FTX founder’s communication w...
Arizona Senator Introduces Bill to Adopt Bitcoin as Legal Tender
Arizona senator Wendy Rogers unveiled a set of bills on Wednesday, which would adopt Bitcoin as legal tender and facilitate the use of the flagship crypto in the state. If enacted, Bitcoin will be acc...
Justin Sun wants TRON (TRX) to be a global legal tender – Cryptopolitan
Justin Sun, the activist who founded the TRON network, has expressed the hope that his token, TRX, may one day be recognized and accepted as a form of legal money all across the globe. Justin Sun says...
Justin Sun aims to get TRON adopted as legal tender in 5 nations by 2023
Tron founder Justin Sun aims to get TRON (TRX) accepted as legal tender in 5 countries this year. In a Twitter thread, Sun said that while the goal is “ambitious,” he is “confident” that it can become...
Justin Sun Eyes Tron Legal Tender Adoption in 5 Countries
Tron (TRX) founder Justin Sun revealed on Jan. 29 that his goal for the new year is to ensure that the TRX digital asset is adopted in five countries as a legal tender. According to Sun, adopting the ...
Tron co-founder wants TRX adopted as legal tender in at least five countries within a year
Justin Sun, a Grenada diplomat, wants TRX, the native of Tron, a smart contracting platform he co-founded, adopted as legal tender in at least five countries within a year. Sun hopes TRX adoption will...
What the FTX creditor matrix does — and doesn’t — tell us about the exchange’s bankruptcy
FTX filed a massive creditor matrix in bankruptcy court this week, naming law firms, luxury restaurants, media outlets and state government agencies as creditors that may be owed money by the troubled...
SEC Commissioner Calls for ‘Consistent Legal Framework’ for All Asset Classes, Including Crypto – Regulation Bitcoin News
A commissioner with the U.S. Securities and Exchange Commission (SEC) has called for “a coherent and consistent legal framework that works across all asset classes,” including crypto assets. She warne...
State senator pushes bill to make Bitcoin legal tender in Arizona
Wendy Rogers, an Arizona state senator in the United States, has launched bills concerning cryptocurrency, including one that aims to make Bitcoin (BTC) legal tender in Arizona. In a recent tweet, Ro...
Arizona State Senator Wendy Rogers Proposes Bills to Make Bitcoin Legal Tender
The person who is principally responsible for the introduction of various legislation relating to cryptocurrencies is Senator Wendy Rogers of Arizona, who was elected to represent the state of Arizona...
Right-Wing Arizona Senator Pushes to Recognize Bitcoin as Legal Tender
An Arizona State Senator has introduced a bill to make Bitcoin legal tender in The Grand Canyon State. Wendy Rogers, a Republican and enthusiastic supporter of former President Donald Trump, yesterday...
Prosecutor seek to restrict Bankman-Fried’s bail terms after apparent attempts to influence witnesses
U.S. Attorneys want to restrict FTX founder and ex-CEO Sam Bankman-Fried’s access to encrypted messaging services and bar communication with former FTX and Alameda employees, after prosecutors suggest...
Bithumb Offices Raided as Legal Woes Pile up (Report)
More troubles for South Korean crypto exchange Bithumb brews as its offices were reportedly raided on Thursday. Authorities launched an investigation into potential price manipulation of a coin listed...
Bankruptcy judge approves BlockFi’s employee retention program
A New Jersey bankruptcy court judge has approved BlockFi’s request to offer bonuses to top staff. “It offers the debtor and the employee an opportunity to move forward and maximize the estate,” ...
Arizona Senator Launches Bill to Make Bitcoin Legal Tender – Regulation Bitcoin News
A senator in the U.S. state of Arizona has introduced a set of cryptocurrency bills, one of which seeks to make bitcoin legal tender. “Centralized digital money controlled by the central bankers is sl...
FTX legal team calls for Sam Bankman-Fried’s family to answer questions under oath: Report
Lawyers representing FTX in bankruptcy court have reportedly argued that former CEO Sam Bankman-Fried’s immediate family should face questioning regarding their personal wealth. According to a Jan. 26...
OpenSea NFT Marketplace Faces Legal Action for Alleged Lack of Security
A collector of nonfungible tokens (NFTs) has initiated legal action against the OpenSea NFT marketplace for a number of alleged transgressions, one of which is that he was prevented from accessing his...
Bitcoin miner Hut 8 takes dispute with power supplier to court
Canadian bitcoin miner Hut 8 is taking a contract dispute with its energy provider to court. The miner filed a statement of claim in the Superior Court of Justice of Ontario against Validus Powe...
Right To Repair Is A Business Puzzle, Not A Legal Principle
Right to repair is a movement, legislative wave, and well-meaning idea that says people who buy durable products like mobile phones, tractors and dishwashers should be allowed to get them fixed by som...
Arizona Senator Pushes Bill To Make Crypto Legal Form Of Currency
In the past year, bitcoin’s price has declined by about 60% from its all-time high. This has diminished the excitement surrounding the alpha coin, but not entirely. There are still many who have faith...
Arizona Senator wants to make Bitcoin a legal tender – Cryptopolitan
Wendy Rogers, a Republican representing Arizona in the state senate, has submitted a proposal for a bill with the intention of making Bitcoin legal tender in Arizona and enabling state entities to acc...
US Senator Presents Bill to Make Bitcoin Legal Tender in Arizona
This would mark the second time Senator Rogers is looking to make Bitcoin legal tender in the state. Senator Wendy Rogers, a U.S. senator for the state of Arizona, has introduced a bill that seeks to ...
FTX debtors, Bahamian liquidators object to U.S. Trustee’s examiner request
Allowing an examiner to investigate the FTX bankruptcy would “come at an enormous cost” and “provide no benefit” to creditors, lawyers for the troubled crypto exchange said in a court filing. T...
Bitcoin.com CEO Roger Ver says he has funds to pay almost $21 million to Genesis
Bitcoin.com CEO Roger Ver, also known as “bitcoin Jesus,” says he has enough funds to pay Genesis after its affiliate GGC International Limited said he failed to settle nearly $21 million in cry...
Far-right Arizona politician Wendy Rogers proposes bitcoin as legal tender
Far-right extremist Senator Wendy Rogers has introduced a bill into the Arizona State Senate to add bitcoin as “legal tender” for Arizona. Critics of previous proposals, such as assistant professor at...
Kingdom Of The Netherlands To Adopt TRON As Legal Tender
On January 24, Justin Sun, TRON Founder, announced that St. Maarten has expressed his wishes to adopt TRON which is alongside TRON’s goals of massive adoption on a global scale. St. Maarten bares plan...
BlockFi has no ‘secret financials’ after filings show $1.2b exposure to FTX, Alameda
Failed crypto lender BlockFi says it “disclosed accurate information” to a New Jersey bankruptcy court after an unredacted court filing showed the firm has a $1.2 billion exposure to troubled exchange...