While the FTX saga continues to make headlines, last week brought a plethora of new troubles for crypto companies in the United States, Europe and Asia.
The Securities and Exchange Commission accused digital money lender Genesis Global Capital account and password Trading Center Gemini of selling unregistered securities under the Gemini "acquisition" program.
The American Commodity Futures Trading Federation (CFTC) began the process of getting a breach of contract in the case of Ooki Dao after the fragmented autonomous group Ooki Dao missed the deadline to respond to the lawsuit. It also filed a lawsuit against digital artist Avraham Eisenberg and charged him with two sales market control charges related to the use of the fragmented financial investment platform Qingmang sales market.
In Seoul, tax officials raided the South Korean head office of the cryptocurrency exchange Bihumb for evidence of possible tax evasion. This development comes after Lee Jung-hoon, the current chairman of Bitchumb, sentenced him not guilty to fraud charges of $70 million. In Sofia, the Bulgarian capital, the office of Nexo, a password credit company, was raided by police. Their aim is to plan money laundering on a large scale and to violate Russia's international sanctions.
Although the FTX saga has once again made headlines, last week added a lot of new inconvenience to login password companies in the United States, Europe and Asia.
Traveler and Binance. American deals get signal lights.
The good news still exists. The failed login password lender, Voyager Digital, finally won basic court approval, and the company proposed to sell its assets to Binance.US for $1.02 billion. This permission is obtained in the course of travelers looking to speed up defense and security research on Binanc.US. Voyager's official website, the Federation of unsecured creditors, a creditor institution that represents no security interest in Voyager, applies the current approach to buying and selling, emphasizing that the deal also brings greater recycling to creditors than Voyager's own liquidation stake.
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New York City is sued by environmental groups after allowing data encryption mining equipment
In September 2022, the New York City Federation of Public Cultural Services was authorized to convert the Fortistar North power station into a landing password quarry. Now it faces a lawsuit in which the Midwest Clean Environment Alliance of New York City and the Sierra Club claim that the Fortistar plant can only operate at a time when power projects are in short supply, such as bad weather standards. However, as a data encryption mining plant, the plant will operate 24 hours a day, resulting in up to 3000% of greenhouse gas emissions.
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Everything we need to know about last week's FTX index
With the investigation and analysis of FTX going well, Nishad Singh, the former engineering director of the password exchange, followed the former executives of FTX and Alameda Research, King Gamo and Caroline Ellison, to meet with federal prosecutors to reach a consensus.
Brett Harrison, former CEO of FTX USA, strongly criticized Rob Bankman-Fried Control and intimidation, who explicitly proposed to reorganize FTX USA's management structure solution friends. Although Mr Harrison recalls that Mr Bankman-fried started out as a "sensitive and curious person", he pointed out that he saw "total insecurity and intransigence" in the face of contradictions, especially when Harrison proposed that FTX US establish a separate subsidiary among its executives, development, design and legal teams.
In addition, FTX approves the sale of some of the property, which can help repayment creditors persevere. Judge Robert Dorsey (John Dorsey) has approved the sale of four key units of FTX, including derivatives service platform LedgerX, stock trading platform Emed and regional subsidiaries FTX Japan and FTX Europe.
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