In a recent report, the community-driven, nonprofit electric provider in Texas, Denton Municipal Electric (DME), is attracting interest from several crypto mining companies seeking to establish operations. These companies are eyeing a five-year agreement for powering their mining activities. Texas’ Denton Municipal Electric in Talks With Unnamed Crypto Miners On Feb. 16, the Denton Record […]
SEC Chair Gensler: We Do Things According to Our Authorities and How Courts Interpret Them
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has affirmed that the securities regulator acts according to its authorities and how the courts interpret them. This includes how the agency plans to deal with spot bitcoin exchange-traded fund (ETF) applications, he noted. Gensler also confirmed that SEC staff has been meeting with various spot […]
Bankman-Fried Requests Court’s Approval for a Mystery List of Visitors to Drop by Without Security
In a legal document lodged on July 13, 2023, Sam Bankman-Fried, the former chief executive officer and founder of FTX, expressed his desire for his “close friends” to drop by his parents’ residence “without the need for a security guard to be present.” The plea from Bankman-Fried petitioned the court to maintain confidentiality regarding the […]