Binance founder Changpeng “CZ” Zhao has been ordered by a federal judge to remain in the United States until his sentencing in February. The judge determined that there is a high risk of flight if Zhao is allowed to return to the United Arab Emirates, where he resides.Judge Richard Jones of the Seattle District Court […]
The Official Committee of Unsecured Creditors has responded to the FTX 2.0 Customer Ad Hoc Committee by sending a letter outlining its revised suggested reorganization plan. The plan, scheduled for mid-December, aims to change the fate of unsecured creditors and address differing viewpoints on asset allocation and valuation. The Committee emphasizes that the proposed plan […]
The Official Committee of Unsecured Creditors has responded to the FTX 2.0 Customer Ad Hoc Committee by sending a letter outlining its revised suggested reorganization plan. The plan, scheduled for mid-December, aims to change the fate of unsecured creditors and address differing viewpoints on asset allocation and valuation. The Committee emphasizes that the proposed plan […]
The UBS bank in Switzerland is continuing the tradition of the Credit Suisse by becoming the new main sponsor of the Swiss Football Association. This partnership follows a 30-year collaboration that began in 1993 with the Credit Suisse. In addition to Swiss football, the UBS is also venturing into American football.The UBS has recently been […]
The UBS bank in Switzerland is continuing the tradition of the Credit Suisse by becoming the new main sponsor of the Swiss Football Association. This partnership follows a 30-year collaboration that began in 1993 with the Credit Suisse. In addition to Swiss football, the UBS is also venturing into American football.The UBS has recently been […]
The forced takeover of Credit Suisse by UBS is progressing formally. The next organizational step after the holding company is being merged, and a timetable for the Swiss units is being outlined.The respective boards of directors of UBS and Credit Suisse have now also approved the takeover, according to a statement on Thursday. This means […]
The forced takeover of Credit Suisse by UBS is progressing formally. The next organizational step after the holding company is being merged, and a timetable for the Swiss units is being outlined.The respective boards of directors of UBS and Credit Suisse have now also approved the takeover, according to a statement on Thursday. This means […]
A US district judge has approved the plea deals between Binance, former CEO Changpeng ‘CZ’ Zhao, and the Department of Justice (DOJ). The settlement, reached on November 21, 2023, concludes the investigations into Binance’s failure to register as a money services business and violations of the Bank Secrecy Act (BSA). As part of the settlement, […]
A US district judge has approved the plea deals between Binance, former CEO Changpeng ‘CZ’ Zhao, and the Department of Justice (DOJ). The settlement, reached on November 21, 2023, concludes the investigations into Binance’s failure to register as a money services business and violations of the Bank Secrecy Act (BSA). As part of the settlement, […]
Significant progress has been made in discussions between the US Securities and Exchange Commission (SEC) and asset managers regarding the potential approval of Bitcoin exchange-traded funds (ETFs), according to Reuters. Thirteen firms, including Grayscale Investments, BlackRock, Invesco, and ARK Investments, are awaiting decisions from the SEC on their applications for spot ETFs. The SEC has […]
