U.S. Bankruptcy Judge John Dorsey has officially signed off on a plan for FTX, the once-prominent cryptocurrency exchange, to wind down its operations and begin compensating its users. During a court session on October 7 in the Delaware Bankruptcy Court, Judge Dorsey gave his approval for FTX’s liquidation strategy. This plan will allow the company […]
Several former U.S. regulators and securities attorneys have suggested that Dan Gallagher, Robinhood’s chief legal officer, might be in the running to head the Securities and Exchange Commission (SEC) under Donald Trump, should he win the 2024 presidential election. Pro-crypto administration? Gallagher, who previously served as an SEC commissioner from 2011 to 2015, joined Robinhood […]
The U.S. Supreme Court has opted not to hear a case involving the ownership of 69,370 Bitcoin, valued at approximately $4.38 billion, which was confiscated by the government from the Silk Road dark web marketplace. The petition was filed by Battle Born Investments, a firm claiming it had acquired the rights to the Bitcoin through […]