Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense isone

Israel Prohibits Cash Deals for Amounts Starting as Low as $1,700

New legislation introducing tighter restrictions on payments with large sums of cash will enter into force in Israel on Monday. The goal, as stated by the countrys tax authority, is to improve the fight against organized crime, money laundering, and tax

Die ukrainische Zentralbank begrenzt Bargeldabhebungen inmitten eines russischen Angriffs

The central bank of Ukraine has capped withdrawals of cash in national fiat and banned those in foreign currency. The monetary authority says the measures aim to ensure the functioning of the nations financial system under the martial law introduced in

Russland verabschiedet Gesetz, das es dem Staat erlaubt, illegale Gelder zu beschlagnahmen, Digitale Assets von Beamten

The State Duma of Russia, das Unterhaus des Parlaments, has passed a law permitting law enforcement authorities to seek confiscation of illegally obtained funds from government officials, including cryptocurrency. The state may attempt to seize the assets through court if