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Sam Bankman-Fried Can’t Concentrate Without His Medication, According to His Defense Team

Audy Castañeda 2023-10-16 10:04:25

The defense said that Bankman-Fried has attention deficit hyperactivity disorder (ADHD). Sam Bankman-Fried’s attorneys submitted a letter to Judge Lewis Kaplan on Sunday requesting that the FTX founder be allowed access to his prescription medications during his ongoing fraud trial, saying he cannot concentrate without them. The defense filing said Bankman-Fried has attention deficit hyperactivity […]

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FTX Stakes 5.5 million Solana (SOL) Tokens Amid Liquidation Fears

Leonardo Perez 2023-10-16 09:59:48

The assets of the defunct FTX exchange have staked 5.5 million Solana (SOL) tokens, worth $121 million. A court filing revealed that the largest portion of digital assets in FTX’s assets is SOL, with around $1.16 billion. Despite a previous drop, SOL recently reached a record Total Value Locked (TVL) of $338.2 million. The estate […]

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California Governor Approves Stricter Crypto Regulation Bill for Implementation in 2025

Audy Castañeda 2023-10-16 09:56:29

The bill will force cryptocurrency companies to comply with licensing requirements, maintain financial records, and provide regulators with the authority to conduct audits. California Governor Gavin Newsom has approved a cryptocurrency bill that imposes stricter rules on companies that deal in crypto, which will take effect in 18 months. Governor Newsom’s support for the cryptocurrency […]

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XRP Gains Wide Recognition as One of the Largest Crypto Assets

Leonardo Perez 2023-10-15 11:29:29

XRP will replace USDC and enter the top 5 of its Cryptocurrency Global Large Top5 Index and its Cryptocurrency Global Large Top5 Equal Weight Index. XRP has continued to see significant success thanks to Judge Analisa Torres’ ruling, which granted it unique status following her declaration that the token is not a security. One such […]

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Top Bitcoin News of the Week

Audy Castañeda 2023-10-15 11:25:45

A weekly update summarizing crucial news from the leading cryptocurrency. This week kicked off with reports of the decreasing interest in Bitcoin as reflected on fewer searches on Google. CryptoQuant CED Ki Young described whales’ behavior in the current market, stating that they seem to be in “high risk mode”. Expert Jim Cramer highlighted that […]

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