SBF’s former girlfriend admits to fraud during her time as CEO of Alameda Research.
The order was unclear as to the nature of the documents under subpoena but stated Genesis had failed to provide the information by Oct. 9.
Gensler reportedly fears Big Tech’s stranglehold on AI technologies homogenizing the financial market.
The former FTX engineering director reportedly testified that SBF would “unilaterally spend Alameda’s money” and was “ultimately” in charge of the firm rather than Caroline Ellison.
The assistant governor of the Reserve Bank of Australia noted that pilot projects have highlighted several key areas where CBDCs could be of great use.
To date, Irish authorities managed to recover approximately 4 million euros of the 20 million euros lost in banking scams since January 2023.
The $5-billion estimation is based on three major seizures linked to the Bitfinex hack and Silk Road, meaning the actual holdings could be much larger.
Australian crypto exchanges have largely praised the Treasury’s latest proposal to place crypto exchanges under the existing financial services license regime, though some worry it could put the crypto industry into a TradFi-shaped box.
Upbit Singapore scored initial approval from the country’s central bank and financial regulator for a local crypto license.
The Australian Treasury’s newly released consultation paper will require crypto exchanges to apply for financial services licence from the local financial regulator.