FTX pursues $244M clawback from 'wildly inflated' Embed acquisition deal
FTX lawyers want to claw back $243.7 million from Embed insiders and executives, claiming its former leadership paid a “wildly inflated” price for the company.
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Autor Cointelegraph By Tom Mitchelhill
GridPlus to open source wallet firmware in Q3 amid Ledger debacle
As accusations are hurled at Ledger over a controversial update, one hardware wallet has decided to open-source its firmware. Others have turned it into a marketing opportunity.
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Korean lawmakers rally towards crypto rules in May after grisly murder case: Report
Crypto policy making efforts have been reignited in South Korea after a woman was murdered following a dispute over digital assets.
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SEC warns Filecoin 'meets definition of a security' — Grayscale
The regulator has asked Grayscale to withdraw its application for a Filecoin Trust product, saying its underlying asset “meets the definition of a security.”
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Distributed ledger tech could save TradFi $100B a year: Lobby group
A new report from the Global Financial Markets Association says regulators need to take distributed ledger technology more seriously.
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