Tag: Appeals Court

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Appeals court rejects Sam Bankman-Fried’s bid for release

The court cited Sam Bankman-Fried’s alleged witness tampering as the main grounds for rejecting his release bid. FTX founder and convicted fraudster Sam Bankman-Fried will stay jailed after failing to convince a United States appellate court that he should be freed while his legal team appeals his conviction. In a Nov. 21 mandate, the U.S.…
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Blockchain Association files support in suit to lift Tornado Cash sanctions

The crypto advocacy group said OFAC must act within its statutory authority by sanctioning bad actors, not open-source software tools. The Blockchain Association has thrown fresh support behind six plaintiffs suing the United States Treasury Office of Foreign Assets Control (OFAC) over its sanctions on the crypto mixer Tornado Cash. In a Nov. 20 amicus…
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Coinbase blasts SEC for ‘no straight answers’ following court order

The comment from the crypto exchange came after the SEC asked for more time to respond to Coinbase’s rulemaking petition. Coinbase has slammed the United States securities regulator for failing to answer questions asked in the U.S. Court of Appeals as part of its ongoing legal battle with the regulator. In a June 17 letter…
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