NY sues crypto companies, FTX's Nishad faces 75 years in prison and Grayscale's new BTC case: Hodler's Digest, October 15-21

High Stories This Week Shades of grey files For new place Bitcoin ETFs on New York stock market Arca

Major cryptocurrency investment farm Shades of grey Investments with THE WE. Securities And Exchange Commission For A new place Bitcoin exchange traded funds (ETF). THE new deposit align with Shades of grey in progress effort has convert It is Shades of grey Bitcoin Trust In A place Bitcoin ETFs, according to has A statement Since THE farm. THE news come weeks After Shades of grey , with A court of calls order THE SECOND has explain Why he rejected Shades of grey application In June 2023. THE business Also deposit with THE SECOND has list A Ether eventually ETFs In September.

New York Lawyer General continues Gemini, Genesis, DGC For allegedly defraud investors

New York lawyer general Gemini, Genesis And Digital Currency Band (DCG) For allegedly defraud more that 23,000 investors through THE Gemini Earn investment program. THE suit complaints that Gemini insured investors that THE program was A low risk investment, while investigations door out by THE desk of New York State Lawyer General Letitia James find that Genesis' finance "were risk." THE trial Also charges Genesis' ancient CEO, Soichiro Moro, And It is parent the company CEO, Barry Silvert, with defraud investors by to attempt has hide more that $1.1 billion In losses. In addition, THE court case looks has to forbid Gemini, Genesis And DCG Since Operating In THE financial investment industry In New York.

Ancient FTX engineering director faces up has 75 years In prison following guilty advocacy

Nishad Singh, THE ancient engineering director has now gone crypto exchange FTX, For charges related has defraud users of THE crypto exchange. He pleaded guilty has fraud charges as part of her cooperation agreement with THE WE. prosecutors. During her testimony This week, Singh said that When liquidity problems has FTX began In November 2022, he felt "suicidal For a few days" while transaction with alleged inconsistencies between THE Exchanges public declarations And It is activities behind THE scenes. Singh Also claims that Bankman-Fried through Alameda Research by himself.

Binance closing down European Visa Speed map In December

Binance Visa Speed map services In December, marking THE last reverse For Binance. THE Termination of THE map services was announcement A day After THE exchange , which had has been unavailable For A month After Payments processor Pay securely abandoned THE exchange. Binance due has THE loss of A third party service supplier.

Elon Musk, Brand Cuban team up has competition SECOND trial strategies

Elon Musk, Brand Cuban And others has THE Supreme Court of THE United States has increase concerns about THE WE. Securities And Exchange Commissions (SECOND) approach has conduct internal procedure without THE inclusion of juries. THE context of This legal challenge centers around THE SECOND against. Jarkesy case. George Jarkesy argues that THE DRY internal arbitration process, which lack A jury And East supervised by A administrative law judge appointed by THE commission, contradicted her Seventh Amendment rights. Effectively resulting In A Single entity fulfilling THE the roles of judge, jury And executor.

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