by Александр Пирогов | Feb 19, 2024 | Blog News
A group of FTX creditors, represented by Edwin Garrison, has initiated a class-action lawsuit against the prestigious law firm Sullivan & Cromwell (S&C), alleging that the firm knowingly aided and facilitated FTX’s fraudulent activities. The lawsuit...
by Александр Пирогов | Feb 16, 2024 | Blog News
JPMorgan released a report suggesting that the Office of Foreign Assets Control (OFAC) could exert control over Tether (USDT) despite it being a non-US entity. The report highlighted Tether’s connection with Tornado Cash, an Ethereum-based privacy enhancement...
by Александр Пирогов | Feb 16, 2024 | Blog News
Federal Reserve Governor Christopher Waller has expressed a positive outlook on the impact of the crypto industry on the U.S. dollar, stating that stablecoins tied to the dollar are actually enhancing the currency’s global strength. Waller highlighted that the...
by Александр Пирогов | Feb 16, 2024 | Blog News
Federal Reserve governor Christopher Waller emphasized the significant role of United States dollar-denominated stablecoins in fortifying the dollar’s status as a global reserve currency during a central banking-focused conference on February 15th. Waller highlighted...
by Александр Пирогов | Feb 16, 2024 | Blog News
Software firm Debt Box is contesting the United States Securities and Exchange Commission’s (SEC) motion to dismiss an enforcement action against it, characterizing the move as an attempt to evade possible sanctions and a permanent dismissal due to alleged misconduct....
by Александр Пирогов | Feb 16, 2024 | Blog News
The Tennessee House Banking and Consumer Affairs Subcommittee unanimously approved the Ensuring Likeness Voice and Image Security Act (ELVIS) on February 13, aiming to shield musicians from exploitation by artificial intelligence (AI). Introduced by Governor Bill Lee...