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Gensler Drops Truth Bomb on Crypto: It’s More Like Gold Than Cash
On October 9, 2024, SEC Chairman Gary Gensler spoke at an event at the New York University School of Law in Manhattan. Once again, he took the opportunity to lay out the familiar crypto concerns that the SEC, under his leadership, has been raising for years.
Injecting Capital into Innovation: Hack VC's New Funding
Hack VC, a U.S.-based venture capital firm, has successfully amassed $150 million for investments in digital asset-related projects. The company is setting its sights on early-stage startups, with a portion of its team already operating from its New York base. 
Sam Bankman-Fried’s Former Friends Share Startling Testimonies
Sam Bankman-Fried, the founder of the bankrupt crypto exchange FTX, is currently on trial in New York. He is charged with seven criminal counts, including wire fraud, securities fraud, and money laundering. If convicted, Sam could face a life sentence. 
Britain Vies for Revolut's IPO
The UK government is set to convince financial firm Revolut, which also offers cryptocurrency services, to conduct its initial public offering (IPO) in London rather than New York. City Minister Tulip Siddiq plans to meet with company representatives this fall to discuss the proposal. Ryan Selkis: Messari CEO & Crypto Leader of the Year
Born in Albany, New York, Ryan Selkis received his Bachelor of Science at Boston College in 2008 and even pursued an MBA at the MIT School of Management. However, true to the adventurous spirit of crypto enthusiasts, Ryan stepped away from his academic path in 2014 to dedicate himself to the crypto world. Open AI vs. The New York Times: The Essence of The Dispute
While The New York Times has left part of the story untold, Open AI has chosen to publicly address its clash with the publication's journalists. In a recent blog post, the AI market leader sheds light on its legal battle with the respected American daily. 
Ex-Mobster Shares His Take on SBF
Former New York gangster Gene Borrello recently spoke out in an interview with crypto blogger Tiffany Fong. During the conversation, he opened up about his time in prison with Sam Bankman-Fried, sharing his impression of the crypto community's most talked-about inmate. 
New York Regulator Required Higher Standards for Listings
NYDFS wants to increase transparency from cryptocurrency companies operating in the state, particularly in their processes for listing and delisting cryptocurrencies.
The new framework will require firms to develop their coin-listing policies in three key areas: governance for the coin-listing process, risk assessments of coins, and procedures for monitoring coins.
The framework will also require firms to provide detailed information on their criteria and decision-making process for delisting a coin.
The proposed legislation is open for public comments and will remain so until October 20th. Apple Snags Rights to Book About SBF for $5M
Apple has reportedly shelled out $5 million to secure the rights to Michael Lewis' upcoming book on Sam Bankman-Fried (SBF), the former CEO of FTX.
The book, titled "Going Infinite: The Rise and Fall of a New Tycoon," is set to launch on October 3, coinciding with the start of SBF's criminal trial in New York.
A documentary is also in the pipeline, directed by Nanette Burstein, known for her work on crypto evangelist John McAfee and Hillary Clinton.