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SBF at the entrance of the trail

2 Oct 2023 1 minute read 2 comments Yugocean

     The trial against Scam King SBF is about to start. The situation before this is soft and hot. SBF Status      SBF is detained at the Metropolitan Detention Centre in Brooklyn, New York. Mark Cohen and former prosecutor Christian Everdale are S...

FTX will liquidate its digital assets to pay creditors

14 Sep 2023 1 minute read 2 comments Yugocean

     The SBF trail will begin in October, before which FTX has received permission from the US Court to liquidate a large stock of its crypto treasury. FTX will liquidate a large part of its treasury      FTX updated its Chapter 11 filing to includ...

Defunct LBRY returns to file First Circuit appeal against SEC

9 Sep 2023 1 minute read 5 comments Yugocean

     The crypto sector's recent Victories in the SEC lawsuits has breathed new life into the defunct blockchain-based file-sharing and payments network LBRY.  SEC Lawsuit against LBRY    The SEC charged LBRY, Inc. in March 2021. The company was sue...

Upheaval in US politics after Grayscale's victory over the SEC

31 Aug 2023 1 minute read 1 comment Yugocean

     The United States Securities and Exchange Commission has tasted a big defeat in the Grayscale lawsuit, and this has profided fodder to the United States Politics. US presidential candidates turn bullish on bitcoin      Crypto has already influ...

US Court rules against SEC in GBTC case

30 Aug 2023 1 minute read 1 comment Yugocean

     The US Federal Court has weakened the SEC in front of the crypto world by ruling in favour of Grayscale BTC (GBTC) case vs the US SEC. Winner Grayscale      For a long time, Grayscale has been urging the SEC to allow it to convert its Bitcoin...

Roar of gag order in court against SBF and FTX witnesses

24 Jul 2023 1 minute read 3 comments Yugocean

New York District Judge Lewis Kaplan's court is considering a gag order on SBF and other witnesses in the ongoing FTX trail, which will bar them from commenting on a witness to third parties. Request for gag order on Caroline Ellison's infamy The D...

SEC is Losing Coinbase case after Ripple verdict

18 Jul 2023 1 minute read 2 comments Yugocean

     The Ripple case ruling is still hot, the SEC has already starting to lose the Coinbase case as well. Consider that the ripple case has weakened the SEC itself. Judge Questions SEC on Coinbase IPO      Even though the dispute between the SEC an...

Crypto World Came Together To Support ZachXBT

19 Jun 2023 1 minute read 1 comment Yugocean

     The crypto world has openly supported ZachXBT against MachiBigBrother, with crypto celebrities even encouraging ZachXBT to expose scams. This is going to hunt MachiBigBrother. What is MachiBigBrother vs ZachXBT      It is noteworthy that an inv...

NFT Crypto scam battle Lands In Court

17 Jun 2023 1 minute read 2 comments Yugocean

    Taiwanese-American entrepreneur Jeffrey Huang (MachiBigBrother) has sued ZachXBT, the blockchain investigator who exposed his scam, for defamation. Scammer's Defamation       ZachXBT had published research on his Medium account on June 16 last y...