SEC Fines Galois Capital $225K Penalty for Custody Rule Breach and Investor Deception
The SEC fined Galois Capital $225,000 for violating investor protection regulations, including misusing customer assets and misleading investors.
The SEC fined Galois Capital $225,000 for violating investor protection regulations, including misusing customer assets and misleading investors.
Bitcoin's September could break its historical trend as reduced selling pressure, strong holders, and potential catalysts offer new hope.
Paul Grewal questions the SEC's unclear stance on FTX's plan to repay creditors in stablecoins amid legal uncertainties.
The FTX bankruptcy case faces objections from the U.S. Trustee and creditors, focusing on legal exemptions and unequal reimbursement plans.
FTX's reorganization plan secures 95% creditor support, promising full repayment and resolving legal issues amid ongoing bankruptcy proceedings.
Genesis Global moves $1.5 billion in Bitcoin and Ethereum for creditor repayment, marking a significant recovery step in the crypto sector.
Politicians' growing support for Bitcoin promises growth, aligning with public sentiment and driving optimistic future predictions.
Former FTX co-CEO Ryan Salame requests a 45-day delay in prison sentence for urgent medical treatment after a severe dog bite injury.
Mishaboar cautions crypto investors about bull market risks, highlighting the dangers of "earn" programs and storing large amounts on exchanges.
FTX and the CFTC settled a 19-month legal dispute with a $12.7 billion agreement, pending court approval crucial for FTX's Chapter 11 plan.
BlockFi begins crypto asset distributions via Coinbase in July 2024, targeting creditors who missed April deadlines. Non-US customers are excluded.
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