Lack of internet access wasn’t an insufficient ground to grant Sam Bankman-Fried’s temporary release, according to District Judge Lewis Kaplan.
The chair’s comments came in response to a query from Sen. Catherine Cortez Masto during a Senate oversight hearing.
Karl Greenwood will also have to pay back the $300 million he made in commissions in the OneCoin pyramid scheme.
According to the petition on Change.org, Chainalysis’ unproven technology can lead to an assortment of privacy violations.
The former Celsius CEO is currently out on bail facing multiple charges of criminal fraud and market manipulation from various U.S. regulatory agencies.
Binance said the SEC’s requests are “unduly burdensome” soon after the parties agreed on a joint motion to file confidential information under seal.
To minimize the damages caused by financial fraud, Romero proposed the formation of the National Financial Fraud Registry, a centralized record of all crimes and fines related to financial fraud.
Despite his agency suffering a slew of losses in the courts, Gensler is sticking to his guns at the Senate Banking Committee hearing.
A16z crypto, Coinbase, Ledger, Bain Capital Crypto, Blockchain Capital and Paradigm joined to advocate for clear regulations.
Senators Richard Blumenthal and Josh Hawley's framework emphasizes that technology companies cannot rely on liability protections to shield them from legal actions.