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CRYPTO
Nasdaq halts plans to custody crypto citing regulatory concerns
Nasdaq is no longer pursuing its plans for a crypto custody service due to a “shifting business and regulatory environment,” CEO Adena Freidman said during an earnings call.
The Second FTX Asset Recovery Report Is Packed With Bombshells
New claims put Sam Bankman-Fried and his friends even closer to the center of a brazen conspiracy.
Crypto Traders Flock to Unibot as Telegram Bot Tokens Near $100M Market Cap
The swiftly-growing category commands a market capitalization of just under $100 million.
LAW
Pa. court denies Metcalfe’s lawsuit over election results
A Pennsylvania appellate court Wednesday denied the latest in a string of legal challenges seeking to roll back certification of the election results, ending the last active court battle in the state over the outcome of the race.
In a four-page opinion, Commonwealth Court President Judge Mary Hannah Leavitt dismissed the suit brought by a group of nine GOP state lawmakers, led by Rep. Daryl Metcalfe, R-12th, saying they had waited too long to file their challenge.
They “are unable to demonstrate a clear right to relief or likelihood of prevailing on the merits because their underlying action … is really an improper and untimely election contest,” she wrote.
Goldman Sachs’ Workers Have Screamed for Help in Lawsuits, Pitch Decks and the OpEd Page of the New York Times
Protester Wears a Swamp Creature Costume Outside Goldman Sachs Headquarters, January 17, 2017
For more than two decades, we have been reading about former employees of Goldman Sachs who have fled jobs there over a toxic, soul-crushing work
culture. The pace of these stories has been picking up […]
Big yikes: “Offices overtake malls as most distressed asset class”
At the end of the second quarter, about $24.8 billion of U.S. office properties were in distress, according to the report. The figure, which accounted for the value of properties that were either troubled or repossessed, jumped 36 percent from the first quarter.