Sam Bankman-Fried’s jets are subject to forfeiture, says prosecution
The U.S. Department of Justice says the two jets purchased by Bankman-Fried via FTX are now property subject to forfeiture due to charges brought against the former CEO.
The U.S. Department of Justice says the two jets purchased by Bankman-Fried via FTX are now property subject to forfeiture due to charges brought against the former CEO.
Original source
Read on CointelegraphRelated market context
FTX token (FTT) spikes 50% as Sam Bankman-Fried seeks presidential pardon
Sam Bankman-Fried (SBF), the disgraced founder of the bankrupt FTX exchange, is serving a quarter-century in federal prison for or...
Crypto News, June 9: Bitcoin Price Steady, Sam Bankman-Fried Formally Applies for a Trump Crypto Pardon as Humanity Exploited
The Sam Bankman pardon request has been the talking point after the formal filing. Meanwhile, the Humanity crypto project reels fr...
Sam Bankman-Fried loses appeal against crypto fraud conviction
The ruling underscores the judiciary's commitment to equating crypto fraud with traditional financial crimes, setting a stern prec...
Former SEC, CFTC Chair Gary Gensler argues that prediction markets don't overrule state regulations
The former regulator joined a number of interest groups in arguing that prediction markets are overstepping their bounds by offeri...
Donald Trump nominates former SEC chair Jay Clayton as next director of national intelligence
Clayton's intelligence leadership could reshape U.S. security priorities, impacting both financial regulation and national defense...
Trump nominates former SEC chair Jay Clayton as next Director of National Intelligence
Clayton's nomination could influence intelligence priorities, while his SDNY departure may alter crypto enforcement dynamics in Ne...