SBF Seeks Supreme Court Review of Fraud Conviction and $11 Billion Forfeiture
Summary: Sam Bankman-Fried seeks Supreme Court review of his fraud conviction, arguing the $11 billion forfeiture violates constitutional limits on excessive fines.
Summary: Sam Bankman-Fried seeks Supreme Court review of his fraud conviction, arguing the $11 billion forfeiture violates constitutional limits on excessive fines.
Summary: Coins.ph asserts its central bank license remains valid despite regulatory restrictions on its e-wallet unit, denying claims of knowingly serving offshore gambling operators.
Summary: UK trader Lewis Barber sues BitMEX operator HDR Global Trading for 324.8 BTC, alleging unauthorized derivatives trading violates the Financial Services and Markets Act 2000.
Summary: Bitwise CIO Matt Hougan cites Q3's 46.4% index gain and $6B ETF inflows as evidence of 'crypto spring,' despite miner stock declines and reduced corporate Bitcoin holdings.
Summary: Kraken parent Payward received full VARA approval to launch UAE operations, offering dirham-denominated trading and institutional services following a preliminary May license.
Summary: Character.AI filed for Chapter 11 bankruptcy with Disney bidding $20 million for IP licenses, citing heavy losses and legal hurdles after losing key founders to Google.
Summary: Binance will shut down its Bitcoin mining pool and related services on Nov. 10, ending a six-year operation that held 2.3% of network hashrate.
Summary: Blockworks data shows over 70% of tokenized stock trades on BNB Chain occur outside US market hours, with Solana and Base also seeing majority off-session volume.
Summary: ECB Chief Economist Philip R. Lane reports that while AI drives 10% of firm investment and doubles worker usage, Europe lags behind the US in computing capacity and frontier model development.
Summary: With key leadership vacancies at the SEC and CFTC, new quorum rules allow a single commissioner to approve crypto regulations, shifting oversight from Congress to a small group of appointees.
Summary: D.C. Circuit upholds Chainalysis Reactor's Daubert admissibility, validating its clustering methodology and conservative attribution approach as reliable evidence in federal crypto crime trials.
Summary: Open-source project AnyPS5 uses AI to convert PS5 executables for native PC play, sparking speculation about running GTA VI at launch despite technical hurdles.
Summary: Bitcoin fell to $83,400 as ETF outflows continued and altcoins dropped up to 12%, driven by rising Treasury yields and oil prices rather than crypto-specific catalysts.
Summary: Ledger found a hardware implant in devices sold by reseller CryptoBilis that steals recovery phrases via LTE, with unverified reports linking it to $86 million in suspected thefts.
Summary: Sberbank received Bank of Russia approval to trade Bitcoin and other cryptos, joining an expanded list of authorized operators ahead of its planned December 1 product launch.
Summary: London's High Court ruled Chinese law applies to claims on 61,000 BTC seized from fraudster Zhimin Qian, improving UK chances of keeping the $5 billion haul while victims prepare an appeal.
Summary: London’s High Court ruled that Chinese law governs ownership claims to 61,000 seized Bitcoin, rejecting English law arguments and leaving property rights assessment for future proceedings.
Summary: Basel Committee rates Australia, Japan, Korea, and Switzerland compliant with leverage ratio rules, while Canada and the UK are deemed largely compliant.
Summary: Visa secured PBOC approval to launch domestic bank card clearing in China, ending decades of cross-border-only operations and marking a key milestone ahead of upcoming U.S.-China diplomatic meetings.
Summary: Binance will shut down its mining pool and related services on Nov. 10, ending a six-year operation, with users given until Nov. 24 to access historical records.