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Summary: In brief Indonesian authorities blocked Polymarket on Friday, citing violations of local gambling laws. The ministry is tracing affiliated social media accounts and warned it would restrict similar services. Indonesia joins a list of over 3 …
Summary: The law firm agreed to a settlement in February 2026 and is facing a separate $525 million lawsuit over its role in the collapse of the FTX crypto exchange. Fenwick & West LLP, the principal law firm that advised former cryptocurrency excha …
Summary: Quick Take Silicon Valley law firm Fenwick & West will pay $54 million to settle claims from FTX customers who allege the firm helped enable Sam Bankman-Fried’s fraud. The deal is part of a second wave of FTX settlements that also includes …
Summary: The former Silvergate executive, Kate Fraher, said the rule that prevented her from sharing her side of the story was unconstitutional. It was finally lifted by the SEC this week. The former chief risk officer of Silvergate revealed she mad …
Summary: In brief Drake referenced imprisoned FTX founder Sam Bankman-Fried on a new song, appearing to call for his release. The lyric appeared on one of three albums Drake released Friday, which critics largely panned. Though Bankman-Fried and his …
Summary: Written by Amin Haqshanas , Staff Writer. Reviewed by Bryan O'Shea , Staff Editor. Written by Amin Haqshanas , Staff Writer. Reviewed by Bryan O'Shea , Staff Editor. Law firm Fenwick & West sued for $525M over alleged role in FTX collap …
Summary: Written by Stephen Katte , Staff Writer. Reviewed by Felix Ng , Staff Editor. Written by Stephen Katte , Staff Writer. Reviewed by Felix Ng , Staff Editor. Trump’s White House weighs 250 pardons to celebrate America's 250th birthday Lat …
Summary: Written by Turner Wright , Staff Writer. Reviewed by Robert Lakin , Staff Editor. Written by Turner Wright , Staff Writer. Reviewed by Robert Lakin , Staff Editor. Latest News PublishedMay 8, 2026 US authorities find an additional $10 m …
Summary: Quick Take CoinShare saw revenue of $126.4 million on its asset management business in 2025, up 13% from the $111.7 million the year prior. Net income dropped to $114.3 million, reflecting a one-time $36.8 million FTX claim gain in 2024 and …
Summary: Prosecutors in South Korea have requested a 20-year prison term for Jeong Sang-ho, CEO of Delio, a local crypto asset deposit service that abruptly halted customer withdrawals in June 2023. The sentencing request was presented during closin …
Summary: In brief U.S. District Judge Lewis Kaplan denied Sam Bankman-Fried's motion for a new trial on Tuesday, rejecting claims that witnesses had faced "threats from the government." The judge called Bankman-Fried's allegations "wildly conspirato …
Summary: In brief U.S. District Judge Lewis Kaplan denied Sam Bankman-Fried's motion for a new trial on Tuesday, rejecting claims that witnesses had faced "threats from the government." The judge called Bankman-Fried's allegations "wildly conspirato …
Summary: Written by Jesse Coghlan , Staff Editor. Reviewed by Felix Ng , Staff Editor. Written by Jesse Coghlan , Staff Editor. Reviewed by Felix Ng , Staff Editor. Judge rejects new trial for former FTX CEO Sam Bankman-Fried Latest News Publish …
Summary: Quick Take In an order filed on Tuesday in the U.S. District Court for the Southern District of New York, Judge Kaplan, whom Bankman-Fried himself had asked to be recused, criticized his new evidence. Bankman-Fried was found guilty in Nov …