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Appeals Court to Hear Sam Bankman-Fried’s Bid to Redo FTX Fraud Trial

The post Appeals Court to Hear Sam Bankman-Fried’s Bid to Redo FTX Fraud Trial appeared com. FTX founder and former CEO Sam Bankman-Fried’s gamble that the U. S.’s legal system will set him free three years after his empire collapsed may be about to hit its end. The Second Circuit Court of Appeals will hear arguments in Bankman-Fried’s effort to appeal his conviction and 25-year prison sentence two years and two days after a jury unanimously found him guilty on seven different conspiracy and fraud charges. The Nov. 4 hearing will allot both Southern District of New York prosecutors t, now run by former Securities and Exchange Commission Chair Jay Clayton, and Bankman-Fried’s new defense team headed by leading white collar appellate attorney Alexandra Shapiro 10 minutes apiece to present their arguments. The judges on the panel may ask their own questions during the proceeding to clarify details. The hearing will not relitigate the charges themselves, but rather, whether the trial was conducted appropriately. Bankman-Fried, the appellant, wants a new trial with a new judge, according to his team’s opening brief, filed in September 2024. His team argued that District Judge Lewis Kaplan, who oversaw Bankman-Fried’s trial, was biased against the one-time FTX CEO and made unfair comments throughout the trial which undermined the defense. He has a high bar to clear, according to lawyers who discussed the process with CoinDesk. The prosecution argued in its opening brief that the trial was conducted appropriately and Bankman-Fried’s conviction and sentence mean justice was served. Bankman-Fried’s path to victory The onetime FTX CEO’s team has to demonstrate at the least that the district court made a mistake in overseeing the case, Etherealize General Counsel Steve Yelderman told CoinDesk. Howard Fischer, a partner at Moses Singer, said in an interview with CoinDesk TV that the defense’s arguments are essentially “that the way in which the court conducted the trial was.

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Malaysia’s BNM Unveils 3-Year Asset Tokenization Plan

The post Malaysia’s BNM Unveils 3-Year Asset Tokenizaticom. Bank Negara Malaysia (BNM), the country’s central bank, has unveiled a three-year roadmap to explore and test asset tokenization across the financial sector. Under the initiative, BNM will launch proof-of-concept (POC) projects and live pilots through its Digital Asset Innovation Hub (DAIH), established earlier this year, the central bank announced on Friday. A key part of this roadmap is the creation of an Asset Tokenization Industry Working Group (IWG), which will coordinate industry-wide exploration, share knowledge and identify regulatory and legal challenges. The working group, co-led by BNM and the Securities Commission (SC), will initially focus on foundational use cases that can demonstrate “clear” economic value. Related: Malaysia launches Digital Asset Hub to test stablecoin, programmable money Tokenized deposits, stablecoins, CBDC integration The central bank clarified that tokenization will focus on real-world assets, not cryptocurrencies. Among the highlighted use cases are supply chain financing to expand SME credit access, tokenized liquidity management for faster settlement and Islamic finance applications that can automate Shariah-compliant transactions. Other areas include programmable payments, green finance and 24/7 cross-border trade settlements. BNM also plans to study the role of MYR-denominated tokenized deposits and stablecoins, aiming to preserve the “singleness of money” while enabling efficient digital settlement. Wholesale central bank digital currency (CBDC) integration will also be explored. Guiding principles for selecting use cases. Industry feedback on the discussion paper is open until March 1, 2026. Related: Tokenized money market funds emerge as Wall Street’s answer to stablecoins Malaysia’s regulator proposes faster crypto listings In July, Malaysia’s SC proposed a new framework that would allow approved cryptocurrency exchanges to list certain digital assets without needing prior approval from.

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Stumbling person Crossword Clue

That should be all the information you need to solve for the Stumbling person crossword clue! Be sure to check more clues on our Crossword Answers. The post Stumbling person Crossword Clue appeared first on Try Hard Guides.

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Making copies of Crossword Clue

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Certain till bills Crossword Clue

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Mixing ibuprofen with blood pressure drugs could harm your kidneys

Many people take medicine for high blood pressure every day to stay healthy. At the same time, they might also use common painkillers like ibuprofen when they have a headache, muscle pain, or inflammation. But a new study from the University of Waterloo warns that mixing these two kinds of medicine could be dangerous, especially [.] The post Mixing ibuprofen with blood pressure drugs could harm your kidneys appeared first on Knowridge Science Report.

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