A federal judge has decreed that Ripple's direct sales of XRP to institutional investors contravened securities law; however, the judge determined that the company's automated sales to retail investors via exchanges were not in violation.
Sam Bankman-Fried has been accused of releasing confidential documents written by his suspected co-conspirator with the purported aim of 'influence public opinion' before their upcoming trial this autumn.
The duo was instructed to surrender the profits obtained from their alleged laundering of approximately 120,000 bitcoins stolen from the hacked cryptocurrency exchange.
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