Changpeng Zhao teases writing project ahead of reporting to prison
On April 30, a judge sentenced the former Binance CEO to four months in federal prison but did not set a reporting date at his hearing. Go to Source
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Changpeng Zhao could serve time in the same facility as ‘crypto-anarchist’ Jim Bell
An expert in U.S. federal prisons suggested that the former Binance CEO, if sentenced to incarceration, could face the risk of “theft and extortion” from other inmates. Go to Source
Realtor may have accepted $3M offer for Washington, DC property linked to Sam Bankman-Fried
The Washington, D.C. townhouse owned by Guarding Against Pandemics was listed as “contingent” on a real estate website, suggesting the party handling the deal has accepted an offer. Go to Source Powered by WPeMatico
White House questions impact of AI surveillance on workers
Officials in Washington D.C. said they will hold a listening session to understand the experiences of workers and the usage of AI surveillance in the workplace. Go to Source Powered by WPeMatico
US-Saudi Tensions Escalate as Report Says Crown Prince Is No Longer Interested in Pleasing the United States
After Saudi Arabia and members of the Organization of the Petroleum Exporting Countries (OPEC) surprised the world by announcing cuts to oil production, a spokesperson for U.S. president Biden’s National Security Council stated that reducing production is not advisable. According to a recent report, Saudi Arabia’s crown prince Mohammed bin Salman has told associates that … Read more
Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders
The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued by shareholders after SVB’s collapse last Friday. The proposed class action accuses SVB of hiding the fact that interest rate hikes would leave the bank in jeopardy. Additionally, anonymous sources say the U.S. Department of Justice (DOJ) and … Read more
Michael Saylor is still on the hook for alleged tax evasion, says MicroStrategy filing
A D.C. court denied a motion to dismiss claims that Michael Saylor failed to pay personal income taxes, with a status conference on the matter scheduled for March. Go to Source Powered by WPeMatico
Crypto industry lobbying expenses rose by 120% in 2022 in the US
Coinbase remains a leader for lobbying expenditure for the sixth year in a row, but Binance.US is accelerating its efforts. Go to Source Powered by WPeMatico
US crypto regulation happening ‘behind closed doors’ – Blockchain Association CEO
The “work has been done” for stablecoin regulation in the U.S., but many in Washington D.C. are feeling “burned” and “betrayed” over the FTX collapse last year. Go to Source Powered by WPeMatico
Custodia Bank CEO slams Washington’s ‘misguided crackdown’ on crypto
Caitlin Long revealed that she had warned government agencies of major “fraud” in the crypto space months before several firms went bankrupt. Go to Source Powered by WPeMatico
