Newsletter: Sam Bankman-Fried makes his case for a retrial and aspiring crypto banks hit roadblocks
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Newsletter: Sam Bankman-Fried makes his case for a retrial and aspiring crypto banks hit roadblocks
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Newsletter: Sam Bankman-Fried makes his case for a retrial and aspiring crypto banks hit roadblocks
Lawyers for Sam Bankman-Fried and for the US government appeared in court to argue whether Bankman-Fried’s conviction should be overturned. SBF argued that he was improperly prohibited from presenting arguments around FTX’s solvency and the advice of his lawyers.
It may be several months before the judges come to a decision, but they seemed skeptical of Bankman-Fried’s arguments during questioning. “[Y]ou just have this vague, you know, ‘there were attorneys out there somewhere,’ defense,” said one of the judges.
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Lawyers for Sam Bankman-Fried and for the US government appeared in court to argue whether Bankman-Fried’s conviction should be overturned. SBF argued that he was improperly prohibited from presenting arguments around FTX’s solvency and the advice of his lawyers.
It may be several months before the judges come to a decision, but they seemed skeptical of Bankman-Fried’s arguments during questioning. “[Y]ou just have this vague, you know, ‘there were attorneys out there somewhere,’ defense,” said one of the judges.
One of the founders of the Samourai Wallet mixing software has received the maximum sentence — five years. Like Tornado Cash, the case centered on arguments over whether the developers were creating privacy preserving technology or intentionally facilitating criminal activity.
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One of the founders of the Samourai Wallet mixing software has received the maximum sentence — five years. Like Tornado Cash, the case centered on arguments over whether the developers were creating privacy preserving technology or intentionally facilitating criminal activity.
The White House is now trying to walk back President Trump’s statements about not knowing who he just pardoned by claiming that Trump merely meant he doesn’t have a personal relationship with Binance founder Changpeng Zhao.
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The White House is now trying to walk back President Trump’s statements about not knowing who he just pardoned by claiming that Trump merely meant he doesn’t have a personal relationship with Binance founder Changpeng Zhao.
The crypto-focused Custodia Bank has lost its appeal of a 2024 court ruling that found that the firm was not entitled to a Federal Reserve master account. “We reject Custodia’s attempt to impair the Fed’s ability to safeguard our nation’s financial system”, wrote the judges.
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The crypto-focused Custodia Bank has lost its appeal of a 2024 court ruling that found that the firm was not entitled to a Federal Reserve master account. “We reject Custodia’s attempt to impair the Fed’s ability to safeguard our nation’s financial system”, wrote the judges.
Coinbase is facing some opposition from banking groups over its national trust bank charter application. “This Application fails to meet statutory chartering standards, presents compounding safety and soundness risks, and would set a dangerous precedent for the structure of the U.S. banking system,” wrote the Independent Community Bankers of America.
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Coinbase is facing some opposition from banking groups over its national trust bank charter application. “This Application fails to meet statutory chartering standards, presents compounding safety and soundness risks, and would set a dangerous precedent for the structure of the U.S. banking system,” wrote the Independent Community Bankers of America.
Days after one of these banking groups submitted their letter with a list of all of Coinbase’s regulatory violations in the US and Europe over the last five years, Coinbase was fined $25 million in Ireland for transaction monitoring failures.
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Days after one of these banking groups submitted their letter with a list of all of Coinbase’s regulatory violations in the US and Europe over the last five years, Coinbase was fined $25 million in Ireland for transaction monitoring failures.
All that and more in this issue of Citation Needed, an independent publication, entirely supported by readers like you. Consider signing up for a free or pay-what-you-want subscription — it really helps me to keep doing this work.
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One of the founders of the Samourai Wallet mixing software has received the maximum sentence — five years. Like Tornado Cash, the case centered on arguments over whether the developers were creating privacy preserving technology or intentionally facilitating criminal activity.
@molly0xfff why don't privacy developers stay anonymous? regulatory reasons?
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@molly0xfff why don't privacy developers stay anonymous? regulatory reasons?
@roohafzaluvr some do, but in a number of cases they’ve been soliciting investments and such, and being anonymous makes that more challenging
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ActivityPub uses JSON-LD, a JSON flavour of RDF. And the main way that we make objects available is over HTTPS.
The fediverse is a semantic social web.
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Does anyone remember the "Semantic Web"?
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Pour le travail @protonprivacy avec nom de domaine. @zaclys @protonprivacy
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