Prosecutors reported that they successfully resolved the majority of Bankman-Fried's laptop problems with assistance from the defense earlier this week. Meanwhile, the defense remains steadfast in their pursuit of a "temporary release."
The global standard-setters also cautioned that stablecoins adopted by multiple jurisdictions could potentially transmit volatility in a more abrupt manner than other cryptocurrencies.
A jointly submitted letter on Tuesday provides a comprehensive account of the extent to which the FTX founder has been granted access to discovery materials.
These Countries Banned Cryptocurrencies, Here’s Why
Here are three reasons:
“To recap: the government saw this coming from a distance. They knew the crisis was going to repeatedly hit the country and banned Bitcoin mining to scare the population into not buying the hardest asset ever created. Bitcoin, the true hedge against the collapse of every economy.” China Ban Theory #7: FUD To Get More Bitcoin
This the now at least the fourth time the nation has cracked down on cryptocurrency. This the now at least the fourth time the nation has cracked down on cryptocurrency. Since 2013, China has made several attempts to hinder the acceleration of cryptocurrency. First, they banned banks in the country from using it.
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