Sam Bankman-Fried pleads not guilty to federal fraud charges in New York. The onetime crypto billionaire pleaded not guilty in New York federal court Tuesday to charges of conspiracy to commit wire fraud and securities fraud, individual charges of securities fraud and wire fraud, money laundering, and conspiracy to avoid campaign finance regulations. related to the collapse of his former crypto exchange FTX and hedge fund Alameda Research. Read more here.
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SEC pushes back on Binance.US deal to buy Voyager Digital. The purchase agreement underpinning the deal doesn’t include sufficient detail* about Binance’s ability to close the transaction, the SEC said in a limited objection Wednesday. More disclosure is needed about what Binance’s US operations will look like following the deal, along with more information about how customer assets will be secured.
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