SBF Files Memo Requesting Court to Block Prosecutor’s Evidence
Sam Bankman-Fried, the founder and former CEO of the defunct cryptocurrency exchange FTX, filed a motion on September 1 requesting that the court deny the prosecutor’s limine request, calling them “unworkable.” In the memorandum, written by SBF’s attorney Mark Cohen, the United States Department of Justice (DOJ) requests are described as “unfounded and overbroad,” among […]
Chinese Court Reportedly Declares Virtual Assets as Legal Properties
A Chinese People’s Court issued a report on the legality of virtual assets, stating they remain legal property protected by law under the current legal policy framework. The People’s Courts of the People’s Republic of China exercise independent judicial authority and are not subject to administrative or public organization interference. In addition to criminal, civil, […]
Arkham Intelligence Ranks Robinhood as 5th-largest ETH holder
Arkham Intelligence analytics platform has identified crypto trading platform Robinhood as a prominent holder of Ether ETH and the owner of the fifth-largest ETH wallet, containing approximately $2.54 billion worth of the cryptocurrency. Arkham stated on X (previously Twitter) that its discovery of Robinhood’s possession of the third-largest Bitcoin wallet attracted considerable interest. However, according […]
HashKey Crypto Exchange Anticipates Bull Run in 2024, 2025
HashKey, the first licensed retail crypto exchange to launch in Hong Kong, anticipates a major bull market for cryptocurrencies between 2024 and 2025 with the growth of the Web3 industry and prepares to meet up with the change. HashKey launched its retail trading services to users in China’s special administrative region on August 28. This […]
Issuer Classifies Jacobi spot Bitcoin ETF as Article 8 Fund
The issuer of Jacobi spot Bitcoin ETF has classified it as an Article 8 fund. These types of funds “promote environmental and social characteristics” according to the European Sustainable Finance Disclosure Regulation (SDFR). Bloomberg reported on August 29 that Jacobi Asset Management has classified its Bitcoin ETF as an “Article 8” fund . Consequently, the […]