Minutes before he was supposed to testify to the jury on Thursday, FTX co-founder Sam Bankman-Fried faced a delay from Judge Lewis Kaplan, who dismissed the jury to determine how much of Bankman-Fried’s statements about the lawyers’ involvement in the alleged FTX fraudulent transactions were relevant to the trial.
JPMorgan’s global head of payments, Takis Georgakopoulos, has disclosed that the company handles over $1 billion in daily transactions using its digital asset JPM Coin, which was launched back in 2020.
The King of the UK has approved a bill that will help law enforcement agencies confiscate and freeze cryptocurrency that has been used for crime. The law, called the Economic Crime and Corporate Transparency Bill, targetscrimes such as drug trafficking and cybercrime.
Top stories in the Crypto Roundup today:
- Bankman-Fried’s FTX Testimony Delayed by Judge’s Inquiry into Relevance
- JPMorgan Moves Over $1 Billion Daily With Its JPM Coin
- UK Passes Law to Seize Illicit Cryptocurrency
- Digital Asset AUM Sees First Increase Since July Following ETF Rumours