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Democrats to Return 2.2% of $45.2 Million Donation Made by FTX’s Co-Founder Sam Bankman-Fried

Democrats to Return 2.2% of .2 Million Donation Made by FTX’s Co-Founder Sam Bankman-FriedAfter the disgraced co-founder of FTX, Sam Bankman-Fried (SBF), donated $5.2 million to Joe Biden’s campaign in 2020 and more than $40 million to Democrats leading up to the U.S. midterm election cycle, three major Democratic organizations plan to return 2.2% of the funds, or $1 million, to the now-defunct crypto exchange. Of the total […]

California Court Rules That Ethereum Liquid Staking Solution Lido To Be Treated As Legal Entity

Paxos Receives Wells Notice from SEC, NYDFS Orders Issuer to Stop Minting BUSD

Paxos Receives Wells Notice from SEC, NYDFS Orders Issuer to Stop Minting BUSDAccording to a report published on Feb. 12, 2023, the New York-based financial institution and technology company, Paxos, has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) regarding alleged violations of investor protection laws. Paxos revealed the following day that it would no longer mint BUSD and it was ending its […]

California Court Rules That Ethereum Liquid Staking Solution Lido To Be Treated As Legal Entity