The arrest of Pavel Durov, Telegram’s enigmatic CEO, has sent shockwaves through the tech world and beyond. On August 24, Durov was apprehended at Le Bourget Airport near Paris, sparking widespread speculation and controversy. French President Emmanuel Macron quickly denied any political motivations behind the arrest. He stated it was purely part of an ongoing […]

The Denied Delay Sam Bankman-Fried, the former CEO of FTX, encountered a significant setback. His request for an adjournment in his sentencing proceedings was denied. He had sought a four- to six-week delay. This request was based on his need for more time. He needed it to prepare for the presentencing interview and a potential […]

Bankman-Fried argued that FTX operates outside the U.S., implying that international charges shouldn’t be relevant.   Jury Selection and Opening Statements   Sam Bankman-Fried’s trial has kicked off. He’s the former billionaire behind the bankrupt FTX cryptocurrency exchange. Facing accusations of stealing billions from FTX customers, the process began with over 40 potential jurors interviewed. […]

Coinbase, one of the largest cryptocurrency exchanges in the world, has been issued a Wells Notice by the U.S. Securities and Exchange Commission (SEC). The notice warns Coinbase of potential enforcement action for alleged violations related to the company’s lending program. Details of the Wells Notice The SEC has been investigating Coinbase’s lending program, which […]