Sam Bankman-Fried sues insurance company for defense costs as trial opens
SBF has directors and officers coverage through FTX Trading parent Paper Bird, but now that two companies have paid out $10 million, the third in line is balking, the suit claims.
SBF has directors and officers coverage through FTX Trading parent Paper Bird, but now that two companies have paid out $10 million, the third in line is balking, the suit claims.
Original source
Read on CointelegraphRelated market context
SEC targets 20-year-old rule standing between Wall Street and blockchain trading
The Securities and Exchange Commission (SEC) is moving to dismantle a stock-trading rule that has governed Wall Street for two dec...
Solana News: SpaceX Will Have the Biggest IPO in History, And Its Stock Will Be Trading on Solana the Same Day
Solana News: On June 12, 2026, the same day SpaceX will be trading on Nasdaq at $135/share, raising $75 billion in the largest IPO...
SEC Proposes Reg NMS Rule Changes That Could Affect Tokenized Stock Trading
TL;DR The SEC proposed rescinding Regulation NMS Rules 611 and 610e. The proposal is aimed at modernizing equity market structure....
Donald Trump issues statement on Israel’s attack on Beirut, Bitcoin reacts
Trump's mediation highlights the fragile balance in Middle East diplomacy, impacting global markets and complicating US-Iran relat...
CFTC Staff No-Action Letter Opens Path For True Digital Commodity Perpetuals
TL;DR CFTC staff issued no-action guidance related to digital commodity perpetual futures. The relief applies to CFTC-registered d...
FIFA taps Kraken as first-ever World Cup crypto sponsor as Ecuador opens against Ivory Coast
Kraken's sponsorship could accelerate crypto adoption in sports, influencing fan engagement and financial dynamics in global event...