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Two SEC Lawyers Resign Following Debt Box Sanctions Fiasco: Bloomberg

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Two SEC Lawyers Resign Following Debt Box Sanctions Fiasco: Bloomberg Two lawyers for the U.S. Securities and Exchange Commission (SEC) were forced to resign after a federal judge sanctioned the agency last month for committing a “gross abuse of power” while attempting to secure a temporary restraining order against Utah-based crypto company Debt Box, according to a Monday report from Bloomberg.

Coindesk 865 2024-05-21

Sam Bankman-Fried Agrees to Help FTX Investors Go After Celeb Promoters

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Sam Bankman-Fried Agrees to Help FTX Investors Go After Celeb Promoters Sam Bankman-Fried has inked a settlement agreement with a group of FTX customers who have agreed to drop their class action lawsuit against him in exchange for his help going after celebrity promoters of the collapsed exchange.

Coindesk 1.2k 2024-05-21

Bitcoin Miner Hut 8’s Post-Merger Prospects Look Good: Benchmark

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Bitcoin Miner Hut 8’s Post-Merger Prospects Look Good: Benchmark The new Hut 8 (HUT), resulting from the merger with US Bitcoin Corporation (USBTC) that closed last November, features a diversified business model with multiple revenue streams, broker Benchmark said in a research report on Monday.

Coindesk 664 2024-05-21

Polymarket Odds Say Columbia University President Will Keep Job

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Polymarket Odds Say Columbia University President Will Keep Job Continuing pro-Palestine protests won’t lead to Minouche Shafik having a fate similar to Claudine Gay, who was recently forced to resign as Harvard’s president, the prediction market signals. Plus: Kalshi bettors don’t think Taylor Swift will break her record.

Coindesk 679 2024-05-21