What You Need to Know About the Latest Developments in the Crypto World
FTX’s Former CTO Sheds Light on Special Privileges
During former CEO Sam Bankman-Fried’s trial, Gary Wang, FTX’s former chief technology officer, testified on October 6. Wang revealed that Alameda Research had “special privileges” on the Alameda account at FTX. This testimony has raised questions about the alleged connections between FTX and Alameda Research.
European Regulator Consults on Markets in Crypto-Assets (MiCA)
The European Union’s markets regulator has released a second consultation on MiCA. The regulator plans to submit its final report to the European Commission by June 2024. This move shows the EU’s commitment to regulating crypto-assets and ensuring investor protection in the rapidly evolving crypto market.
Investors in EthereumMax (EMAX) Get Another Chance at a Class-Action Lawsuit
A judge has given EthereumMax (EMAX) investors suing celebrities over their alleged endorsements a third and final opportunity to file an amended class-action complaint. This decision gives the investors another chance to seek legal recourse and potentially hold the celebrities accountable for their actions.
Stay Updated on the Latest Crypto Developments
If you want to dive deeper into the world of cryptocurrencies and stay informed about the latest news, make sure to follow reliable sources. Stay curious, stay engaged, and always question the narrative. The crypto world is constantly evolving, and there’s always something new to discover.
