SBF lawyers continue to argue jail conditions ‘not workable’ hindering court preparation

Lawyers for Samuel Bankman-Fried told a judge on Monday, Sept. 5, that the accused FTX founder is still having issues reviewing evidence ahead of his fraud trial next month. In a letter to U.S. District Judge Lewis Kaplan, defense attorneys said Bankman-Fried was prematurely removed from visiting rooms at the Manhattan jail where he can The post SBF lawyers continue to argue jail conditions ‘not workable’ hindering court preparation appeared first on CryptoSlate.

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Regulated exchanges hesitate on crypto exposure despite growing demand – report

According to a report published Sept. 5 by the World Federation of Exchanges, regulated stock exchanges remain reluctant to offer unregulated cryptocurrency products despite increasing investor demand. The report is based on a survey of 29 regulated stock exchanges that are members of the WFE, including Nasdaq and CME Group. It found growing interest in The post Regulated exchanges hesitate on crypto exposure despite growing demand – report appeared first on CryptoSlate.

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Tether now a top global buyer of US Treasury bills amid market turmoil

Tether has emerged as one of the top buyers globally of US Treasury bills, with a commanding exposure of $72.5 billion, according to a recent post by Paolo Ardoino, CTO of Tether. This development places the USDT stablecoin issuer in the global top 22, ranking above nations like the “United Arab Emirates, Mexico, Australia, and The post Tether now a top global buyer of US Treasury bills amid market turmoil appeared first on CryptoSlate.

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$2.8 billion traded in Digital Asset ETPs this week as outflows slow

The digital asset market has experienced a minor cooling-off phase, with outflows totaling roughly US$11.2 million over the week, according to recent data by digital asset firm CoinShares. Despite this streak of negative sentiment, Bitcoin emerged as a beacon with inflows totaling US$3.8 million. CoinShares’ Digital Asset Fund Flows Weekly report also displayed a notable The post $2.8 billion traded in Digital Asset ETPs this week as outflows slow appeared first on CryptoSlate.

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FTX founder Sam Bankman-Fried fights against prosecutors’ evidence in upcoming fraud trial

Lawyers for FTX founder Samuel Bankman-Fried filed court papers Friday, Sept. 1, opposing several motions by federal prosecutors to admit specific evidence at his upcoming trial on fraud and conspiracy charges. Bankman-Fried’s attorneys argued prosecutors should not be allowed to introduce evidence related to charges previously dropped or severed from the case. Those include alleged The post FTX founder Sam Bankman-Fried fights against prosecutors’ evidence in upcoming fraud trial appeared first on CryptoSlate.

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