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SBF is back in the game! š¤š© He's just appealed his fraud conviction and is asking for a new ref. š
Let's see if he can pull off a comeback! š #SBF #FTX #legalbattles
Let's see if he can pull off a comeback! š #SBF #FTX #legalbattles
Binance News
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SBF Appeals Fraud Conviction, Requests New Judge
According to Odaily, SBF has officially appealed his fraud conviction. In a 102-page appeal submitted on Friday afternoon, SBF's lawyers requested the U.S. Court of Appeals for the Second Circuit to overturn the original conviction and appoint a new judge for a retrial, citing unfair bias from the presiding judge. Last November, a New York jury found SBF guilty of seven counts of fraud and conspiracy related to the collapse of his cryptocurrency trading platform in November 2022. In March of this year, Judge Lewis Kaplan of the Southern District of New York (SDNY) sentenced SBF to 25 years in prison. SBF has currently served six months of his sentence.
šØ SEC v. Ripple: Major Court Date Announced!šØ
The United States Court of Appeals for the Second Circuit has set a crucial date in the ongoing SEC v. Ripple case[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://www.tradingview.com/news/u_today:adfda9e2c094b:0-sec-v-ripple-major-date-announced-by-court/?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "1"). Ripple must file its brief by **January 15, 2025**, marking a significant step in this long-lasting legal battle[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://www.tradingview.com/news/u_today:adfda9e2c094b:0-sec-v-ripple-major-date-announced-by-court/?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "1"). This brief will be a pivotal moment, potentially shaping the future of XRP and the broader crypto market[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://www.tradingview.com/news/u_today:adfda9e2c094b:0-sec-v-ripple-major-date-announced-by-court/?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "1").
Stay tuned with Binance for the latest updates and expert insights on this high-stakes case! šš”
#CryptoNews #Ripple #SEC #legalbattles #Binance #CryptoTrends
How does this capture the significance and urgency of the court date
for you?
Stay tuned with Binance for the latest updates and expert insights on this high-stakes case! šš”
#CryptoNews #Ripple #SEC #legalbattles #Binance #CryptoTrends
How does this capture the significance and urgency of the court date
for you?
Ryan Salame: Claiming Political Targeting over Republican Donations
Ryan Salame, a former FTX executive, has recently claimed that he was unfairly targeted by U.S. authorities due to his substantial donations to Republican political causes. As a top executive within Sam Bankman-Friedās now-defunct cryptocurrency exchange, Salame had donated $24 million to Republican candidates and causes during the 2022 election cycle, making him a significant player in political funding.
Historical Context: Politics and Cryptocurrency
Salameās claim comes amidst increasing scrutiny on political donations tied to cryptocurrency entities. His involvement in the collapse of FTX, which shook the crypto market and led to financial investigations, put him at the center of legal inquiries, especially over how political donations were sourced. This echoes the broader historical issue of campaign finance laws, where large-scale donors face legal scrutiny based on the perceived ethical and financial origins of their contributions.
Salame, who was a key figure at FTX, reportedly coordinated a majority of FTXās contributions toward the GOP, opposite his counterpart Sam Bankman-Fried, who was more inclined toward Democratic donations. The dual-channel donation strategy raised eyebrows after FTXās collapse, particularly regarding whether these contributions influenced regulatory oversight.
The Republican Connection
Salame's contributions heavily favored Republican candidates, making him one of the largest donors in GOP circles during the last midterm election cycle. In his defense, he argues that his prosecution stems not from any direct illegal activity, but from political bias, as his high-profile donations were mainly to conservative causes.
His claim of being "unfairly targeted" adds a political dimension to the FTX scandal, suggesting that his political affiliations, rather than specific criminal acts, have motivated legal actions against him.
Conclusion: Legal and Political Implications
As this saga unfolds, Salameās claims highlight the increasingly blurred lines between political donations and legal scrutiny, especially as the U.S. government intensifies its regulation of the cryptocurrency industry. Whether his political contributions are found to have played a role in his prosecution remains to be seen, but his accusations add another layer of complexity to the ongoing FTX drama.
#Debate2024 #Market_Update #Write2Earn! #legalbattles #BinanceSquareFamily
Historical Context: Politics and Cryptocurrency
Salameās claim comes amidst increasing scrutiny on political donations tied to cryptocurrency entities. His involvement in the collapse of FTX, which shook the crypto market and led to financial investigations, put him at the center of legal inquiries, especially over how political donations were sourced. This echoes the broader historical issue of campaign finance laws, where large-scale donors face legal scrutiny based on the perceived ethical and financial origins of their contributions.
Salame, who was a key figure at FTX, reportedly coordinated a majority of FTXās contributions toward the GOP, opposite his counterpart Sam Bankman-Fried, who was more inclined toward Democratic donations. The dual-channel donation strategy raised eyebrows after FTXās collapse, particularly regarding whether these contributions influenced regulatory oversight.
The Republican Connection
Salame's contributions heavily favored Republican candidates, making him one of the largest donors in GOP circles during the last midterm election cycle. In his defense, he argues that his prosecution stems not from any direct illegal activity, but from political bias, as his high-profile donations were mainly to conservative causes.
His claim of being "unfairly targeted" adds a political dimension to the FTX scandal, suggesting that his political affiliations, rather than specific criminal acts, have motivated legal actions against him.
Conclusion: Legal and Political Implications
As this saga unfolds, Salameās claims highlight the increasingly blurred lines between political donations and legal scrutiny, especially as the U.S. government intensifies its regulation of the cryptocurrency industry. Whether his political contributions are found to have played a role in his prosecution remains to be seen, but his accusations add another layer of complexity to the ongoing FTX drama.
#Debate2024 #Market_Update #Write2Earn! #legalbattles #BinanceSquareFamily
šØ SEC PUSHES FOR $1.95B PENALTY IN FINAL RULING AGAINST RIPPLE šØ
In a startling development in the ongoing legal clash between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), the SEC has urged a New York judge to impose a massive $1.95 billion fine on the company. This staggering sum includes $876 million in disgorgement, $198 million in prejudgment interest, and a hefty $876 million civil penalty.
The case, initiated in December 2020, revolves around accusations that Ripple Labs and its executives violated federal securities laws by selling XRP to both institutional and retail clients. Despite a prior ruling by Judge Analisa Torres last July, which deemed the sale of XRP on exchanges and through algorithms compliant with U.S. law, the SEC continues to pursue Ripple's institutional XRP transactions.
In justifying the substantial fine, the SEC asserts the importance of sending a strong message to stakeholders in the cryptocurrency realm, deterring similar misconduct. Stuart Alderoty, Ripple Labs' chief legal officer, has pushed back against the SEC's proposal, denouncing the regulator's tactics and pledging to provide a rebuttal in due time.
As the legal confrontation escalates, attention is focused on the New York court for its decision on the SEC's motion and Ripple Labs' forthcoming counterarguments. Stay tuned for updates as this high-stakes legal saga unfolds. š¼š„
- Professor Mende signing off
#XRP/USDTš„š„: p #RippleRally ple #SHIBš„š„ ec #legalbattles battle #HotTrends
In a startling development in the ongoing legal clash between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), the SEC has urged a New York judge to impose a massive $1.95 billion fine on the company. This staggering sum includes $876 million in disgorgement, $198 million in prejudgment interest, and a hefty $876 million civil penalty.
The case, initiated in December 2020, revolves around accusations that Ripple Labs and its executives violated federal securities laws by selling XRP to both institutional and retail clients. Despite a prior ruling by Judge Analisa Torres last July, which deemed the sale of XRP on exchanges and through algorithms compliant with U.S. law, the SEC continues to pursue Ripple's institutional XRP transactions.
In justifying the substantial fine, the SEC asserts the importance of sending a strong message to stakeholders in the cryptocurrency realm, deterring similar misconduct. Stuart Alderoty, Ripple Labs' chief legal officer, has pushed back against the SEC's proposal, denouncing the regulator's tactics and pledging to provide a rebuttal in due time.
As the legal confrontation escalates, attention is focused on the New York court for its decision on the SEC's motion and Ripple Labs' forthcoming counterarguments. Stay tuned for updates as this high-stakes legal saga unfolds. š¼š„
- Professor Mende signing off
#XRP/USDTš„š„: p #RippleRally ple #SHIBš„š„ ec #legalbattles battle #HotTrends
Ripple vs. SEC: Tensions Rise as Deadline Approaches
The ongoing legal battle between Ripple and the SEC continues to unfold with potential twists and turns. While Ripple has achieved a partial victory, the SEC's decision on whether to appeal remains uncertain.
#Ripple #SEC #legalbattles
The ongoing legal battle between Ripple and the SEC continues to unfold with potential twists and turns. While Ripple has achieved a partial victory, the SEC's decision on whether to appeal remains uncertain.
#Ripple #SEC #legalbattles
1. Ripple's Legal Struggles Continue š
The SEC's firm stance against Ripple's request for a reduced penalty keeps the crypto community on edge. This battle is not just about Ripple but the future of cryptocurrency regulation. Stay tuned as the legal drama unfolds.
#Rippleš° #SECCryptoAccounting #CryptoRegulation #legalbattles #BTC500K
$BTC $ETH $XRP
The SEC's firm stance against Ripple's request for a reduced penalty keeps the crypto community on edge. This battle is not just about Ripple but the future of cryptocurrency regulation. Stay tuned as the legal drama unfolds.
#Rippleš° #SECCryptoAccounting #CryptoRegulation #legalbattles #BTC500K
$BTC $ETH $XRP
Ripple vs. SEC: A Saga of Regulation and Innovation
The ongoing legal battle between Ripple and the SEC continues to shape the regulatory landscape for cryptocurrencies. This post examines the arguments on both sides, the potential impact on XRP and the wider industry, and the broader questions raised about innovation and regulation in the digital age. Join the discussion! #CryptoRegulationBattle #legalbattles #XRP
The ongoing legal battle between Ripple and the SEC continues to shape the regulatory landscape for cryptocurrencies. This post examines the arguments on both sides, the potential impact on XRP and the wider industry, and the broader questions raised about innovation and regulation in the digital age. Join the discussion! #CryptoRegulationBattle #legalbattles #XRP
The Nigerian government has dropped its money laundering charges against Tigran Gambaryan, an executive at #Binance , ending a legal battle that lasted over seven months. Gambaryan, a former IRS agent and a key figure in Binance's compliance efforts, had been detained since February 2024.
The charges were withdrawn in an Abuja court on October 23, allowing him to seek medical treatment abroad, as his health had reportedly deteriorated during his time in detention.
#legalbattles #CryptoDecision $BNB #DogecoinCommunity
The charges were withdrawn in an Abuja court on October 23, allowing him to seek medical treatment abroad, as his health had reportedly deteriorated during his time in detention.
#legalbattles #CryptoDecision $BNB #DogecoinCommunity
#Tia/usdt
Entry 18/17
Sell 20/22/24
Stop 16.5
#bull #run #coin #legalbattles big PROFIT in Sha Allah Still hold $TIA
Entry 18/17
Sell 20/22/24
Stop 16.5
#bull #run #coin #legalbattles big PROFIT in Sha Allah Still hold $TIA