New York
EminiFX CEO Eddy Alexandre Set to Plead Guilty to Role in Alleged $59M Ponzi Scheme
Alexandre was arrested in May and charged with fraud for his role in the alleged pyramid scheme.
Bitcoin Miner Digihost Completes Controversial Power Plant Acquisition, Doubling Energy Capacity
Environmental groups oppose the transaction on the grounds that it impedes New York's greenhouse gas emissions goals.
Hermès vs. MetaBirkins: The NFT Case That Could Have Major Trademark and Artistic Consequences
The trial between NFT artist Mason Rothschild and French luxury house Hermès came to a close on Monday after a year-long trademark battle over an NFT project inspired by the brand's famous handbag.
Genesis Seeks $20.9M From ‘Bitcoin Jesus’ Over Crypto Options Trades That Weren’t Settled
The court action seeks damages from Bitcoin Cash backer Roger Ver related to the alleged failure to settle cryptocurrency options transactions that expired on Dec. 30, 2022.
In Wake of FTX, New York Reminds Crypto Firms to Segregate Customer Funds
The crypto exchange's bankruptcy proceedings revealed poor segregation of customer funds, so the New York regulator is reminding service providers to keep clean records.
Coinbase Will Pay $50M Fine to New York Regulator to Settle Background Check Charges
The settlement will also require Coinbase to invest $50 million to bolster its compliance program.
Web3 Co-Working Hub EmpireDAO Closes Amid Bear Market Woes
The hopeful “WeWork of Web3” is closing its doors and looking for a new home just months after it opened at 190 Bowery in Manhattan.
Sam Bankman-Fried's Lawyers Ask Court To Redact Identities of $250M Bail Co-Signers
Court filings reveal that lawyers for Sam Bankman-Fried have asked a judge to redact the names and identifying information of the two co-signers, in addition to his parents, for the former FTX CEO's $250 million bail. "The Hash" panel discusses the latest legal developments ahead of the former FTX CEO's appearance in a New York City court Tuesday afternoon.
FTX Founder Sam Bankman-Fried Expected To Enter Not Guilty Plea: Report
FTX Founder Sam Bankman-Fried awaits arraignment in New York federal court, where he is reportedly expected to plead not guilty, according to the Wall Street Journal. Champel Capital Co-Founder Amir Weitmann discusses his take on the FTX implosion and how it compares to the Bernie Madoff scandal. Plus, his outlook for VC crypto investments.
Sam Bankman-Fried to Be Extradited to the US
FTX founder Sam Bankman-Fried's request to be extradited to the U.S. was eventually granted during the most recent hearing on Wednesday. He could arrive as early as Wednesday afternoon, where he would be arraigned in New York's Federal District Court in Manhattan. CoinDesk Regulatory Reporter Cheyenne Ligon discusses the latest developments in FTX's bankruptcy.
