FTX submitted a revised order to the bankruptcy court early on Sept. 13 outlining proposed guidelines for selling and transferring its substantial digital asset holdings as part of its ongoing Chapter 11 proceedings. The revised order outlines a structured process for investment advisors to liquidate portions of FTX’s cryptocurrency stash under creditor oversight. According to The post Bankrupt FTX reveals $100M weekly crypto liquidation plan in court filing appeared first on CryptoSlate.

Crypto exchange Bitfinex has secured another significant legal victory, as a class action lawsuit against it was dismissed by Chief Judge Laura Taylor Swain of the U.S. District Court for the Southern District of New York, according to a statement from the Bitfinex blog on Sept 12. The lawsuit filed by Shawn Dolifka, a plaintiff The post Class action case against Bitfinex gets dismissed, marking another legal win appeared first on CryptoSlate.

Securities and Exchange Commission (SEC) Chairman Gary Gensler remains steadfast that most cryptocurrencies fall under the agency’s securities regulations despite ongoing criticism from the crypto industry. In written testimony on Sept. 12 for the Senate Banking Committee, Gensler reiterated the SEC’s strict stance that crypto trading platforms and intermediaries must register with the agency as The post Despite industry objections, SEC’s Gensler continues to classify crypto as securities appeared first on CryptoSlate.

As the trial of Samuel Bankman-Fried (SBF) looms, SBF’s legal team’s proposed voir dire questions have been filed, shedding light on their potential defense strategies. The voir dire questions proposed by SBF’s legal team delve into potential jurors’ opinions on many expected topics, which could skew their biases in one way or another. However, some The post SBF may not testify in court as lawyers paint ‘altruist’ picture in jury questions appeared first on CryptoSlate.

As a journalist, I get hundreds of requests for interviews and articles every week. When I came across information on Randcast, I was intrigued. Most pitches for web3 gaming stories are related to new drops, updates, or partnership announcements for games I’ve never heard of. However, the academic curiosity in me perked up when I The post The crucial role of randomness in gaming and web3’s novel solutions: An Interview with Felix Xu appeared first on CryptoSlate.