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Sam Bankman-Fried is seeking Supreme Court review of his FTX fraud conviction. His lawyers say he was barred from arguing customers lost nothing and describe the $11 billion forfeiture as a “crushing fine.”
Sam Bankman-Fried’s lawyers asked the U.S. Supreme Court to overturn his conviction, arguing that evidence about customer losses was excluded. They also challenged his $11 billion forfeiture as excessive, Cointelegraph reported.
SEBI’s Demat 2.0 pilot is tokenizing India’s $620 billion corporate bond market and using the RBI’s wholesale digital rupee for settlement. Secondary trading and retail participation are planned for later phases.
Ripple is adding AI agents to a $1 billion corporate treasury initiative. The software can monitor cash, risk and forecasts and suggest financial actions, but human approval remains required for every decision.
Bitcoin Magazine reports that Senate Republicans have circulated an updated Crypto Clarity Act draft days before a key vote. The report provides no details on the revisions, vote timing, or potential market impact.
Republicans released a revised Clarity Act draft ahead of the Senate’s return next week. The bill needs 60 votes, while changes to DeFi and credit union provisions leave its legislative outlook uncertain.
The DOJ seized Telegram channels and two wallets, while OFAC sanctioned Xinbi and the developers behind SafeW and XinbiPay in a US action targeting a reported $24 billion crypto black market.
Long-term U.S. Treasury yields rose despite a $6 billion buyback, with persistent debt concerns and higher oil prices continuing to pressure global bond markets, CoinDesk reported.
Nasdaq invested $100 million in Kraken parent Payward at a $21 billion valuation, according to Decrypt. The figure is above the $13.3 billion valuation implied by Deutsche Börse’s April stake.
Nasdaq invested $100 million in Payward, Kraken’s parent company, at a $21 billion valuation. The deal expands a partnership focused on offering Kraken users tokenized equities with voting rights.
The Treasury’s September 10 bond operation raises its limit to $6 billion, triple the prior level. For Bitcoin, accepted purchases and funding conditions may matter more than the intervention’s headline capacity.
The U.S. Secret Service froze $52.8 million in crypto linked to Xinbi, a Telegram marketplace associated with global scams. Elliptic traced the funds, while Treasury sanctioned the platform, which reportedly processed $24 billion.
LAPTOP surged to about $190 before dropping below $4 within minutes of launching on Base. CoinDesk said the token’s $1.6 billion debut was followed by a 98% loss, while market makers received tokens a week earlier.
