The consensus is that halving is bullish as it halves the pace of supply expansion, creating a demand-supply imbalance in favor of a price rise, assuming the demand side remains unchanged or strengthens. Bitcoin chalked out stellar rallies, setting new record highs over 12-18 months following the previous halvings, which occurred in November 2012, July 2016, and May 2020. Source
Tornado Cash Dev Roman Storm Moves to Dismiss Indictment Over Crypto-Laundering Allegations Source
“Thus, unless Federal Reserve Banks possess discretion to deny or reject a master account application, state chartering laws would be the only layer of insulation for the U.S. financial system,” the judge wrote. “And in that scenario, one can readily foresee a ‘race to the bottom’ among states and politicians to attract business by reducing state chartering burdens through lax legislation, allowing minimally regulated institutions to gain ready access to the central bank’s balances and Federal Reserve services.” Source
In separate filings, Tigran Gambaryan, head of financial crime compliance at the world’s largest crypto exchange, and Nadeem Anjarwalla, regional manager for Africa, urged the Federal High Court in Abuja to order the agencies to release them, return their passports and issue a public apology, Leadership reported, citing the government-owned News Agency of Nigeria. Source
“Choice means the right for a wallet developer to institute a block list,” Austin Federa, the Solana Foundation’s head of communications, said during the panel. “Almost every wallet in every ecosystem filters out spam NFTs and spam tokens. Users always have the ability to reveal something if they want to, but the core network needs to remain permissionless.” Source
In a March 14 decision, Judge James Mellor, who heard the case brought by the Crypto Open Patent Alliance (COPA), also found Wright didn’t author the Bitcoin white paper nor the initial versions of the Bitcoin software. Shortly after that, Wright notified Companies House, the U.K.’s register of companies, that shares in his RCJBR Holding company had been transferred to DeMorgan, a company organized under the laws of Singapore. Source
With trial by combat out of the question (at least, for now), Bankman-Fried will have to serve his time the old-fashioned way. Kaplan did take his autism diagnosis and gentle nature into account in one regard – he recommended that Bankman-Fried be placed in a medium or low-security federal prison, preferably one that’s close to San Francisco, where his parents live, arguing that his autism, notoriety, and perceived wealth would make him vulnerable in a maximum security facility. Source
The price surge implied that the token could debut with a market cap of over $500 million. Source
The scale of his crimes is measured not just by the amount of money that was stolen, but by the extraordinary harm caused to victims, who in some cases had their life savings wiped out overnight. As a result of his unprecedented fraud, Bankman-Fried faces 25 years in prison, forfeiture of over a billion dollars and restitution to his victims. Source
He did incalculable harm, but arguing for a sentence longer than 25 years is unfair to the man and the industry he once represented. Source