The arraignment of the FTX founder is scheduled for Tuesday. In the previous week, his legal representatives requested the opportunity for him to examine defense documents at a federal prosecutor's office on each weekday.
Blockchange Ventures took the forefront in spearheading the fundraising efforts, joined by a consortium of investors including Dispersion Capital, Symbolic Capital, Hypersphere Ventures, Iclub, and TA Ventures.
The proposed legislation aims to establish clearer protocols for American cryptocurrency exchanges to undergo registration with regulatory bodies.
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