In early May, Bankman-Fried filed pretrial motions to dismiss most charges levied against him by U.S. prosecutors, with his defense arguing procedural issues, the irrelevance of some U.S. laws given FTX’s non-U.S. location, and that the charges exceeded the agreed extradition terms. The motions did not seek to dismiss securities fraud and money laundering charges.
The Biggest Movers in the RWA Sector in Q1
The previous quarter saw the RWA market grow by leaps and bounds. Tokenized Treasury bills including BlackRock's USD Institutional Digital...