Author: Cheyenne Ligon
“In contrast to Singh, [Wang] didn’t have interaction in cash laundering or take part within the straw donor scheme. In contrast to Singh, [Wang] didn’t generate false income, code a faux insurance coverage fund, attempt to persuade Bankman-Fried to fraudulently conceal his loans, or in any other case take part in affirmatively misleading conduct. And, not like Singh, [Wang] didn’t obtain money bonuses or spend FTX proceeds on actual property or different extravagant items,” Wang’s attorneys wrote. “All of those elements mix to make him meaningfully much less culpable than Singh.” Supply hyperlink
The crypto fee choice, which will likely be provided via a “safe fee platform managed by PayPal,” in keeping with the discharge, is anticipated to go dwell in mid-2025. A spokesperson for the town didn’t instantly reply to questions on which cryptocurrencies Detroit plans to just accept, however PayPal solely helps a small handful of tokens — bitcoin, ether, bitcoin money, litecoin, and PayPal’s personal stablecoin, PayPal USD. Supply hyperlink