Twitter chases Citadel’s founder, Binance in a race of subpoenas
The company is gathering all the possible information on Elon Musk's private claims about its number of fake accounts. As the failed acquisition of social platform Twitter by one of the world's richest men, Elon Musk, turned into a protracted court conflict, both sides are filing subpoenas to gather information ahead of the first hearing. Recent reports claim that Twitter has made an effort to serve subpoenas to Ken Griffin, the founder of hedge fund Citadel, and to major crypto exchange Binance. According to Bloomberg on Aug. 1, the delivery was attempted at both the Citadel office at....
Related News
The United States Securities and Exchange Commission (SEC) has introduced an action against Terraform Labs, the company behind the design of the Terra blockchain, and its co-founder and CEO Do Kwon. The SEC is seeking an order for Kwon to comply with a series of subpoenas he has failed to address. The investigative subpoenas seek Kwon’s testimony and the production of documents from Terraform Labs
SEC Acts Against Terraform Labs and Do Kwon
The United States Securities and Exchange Commission (SEC) has taken the next step in its battle against Terraform Labs, the company....
The New York Department of Financial Services (DFS) has issued subpoenas to a number of bitcoin companies requesting information about the way in which they operate and the consumer safeguards they have in place. A memo issued by the DFS, written by department head Benjamin Lawsky, suggests it wants to work with bitcoin companies to ensure the virtual currency industry can continue to exist as a "legitimate business enterprise". "It is in the common interest of both the public and the virtual currency industry to bring virtual currencies out of the darkness and into the light of day....
On Thursday, the crypto community on social media site X (formerly Twitter) speculated that Binance co-founder and former CEO Changpeng Zhao, commonly known as CZ, had been released from prison a month before the end of his four-month sentence. However, recent reports have revealed a different story. CZ Shifted To Long Beach Facility Contrary to […]
Binance co-founder Changpeng “CZ” Zhao has refuted claims that he agreed to testify against TRON founder Justin Sun as part of the settlement terms in his deal with the United States Department of Justice. ‘WSJ Is Really Trying Here’ – Binance Co-Founder According to an April 11 report by the Wall Street Journal, CZ agreed […]
Changpeng Zhao, Binance former CEO, remains an active commentator on the state of crypto’s affairs. In a recent Twitter/X post, CZ criticized the prevailing investment thesis and culture for many, which is primarily driven by greed and the quest for quick profits. The former Binance big boss blasted current holders fixated on small and quick […]