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Key Facts Sam Bankman-Fried has petitioned the Supreme Court to overturn his fraud conviction from the collapse of FTX. The petition also targets the roughly $11 billion forfeiture order tied to the case. A cert petition does not guarantee the Court will hear the case; the Court accepts only a small share of the petitions […] This post first appeared in Sam Bankman-Fried Asks Supreme Court to Overturn Fraud Conviction

Key Facts Bitcoin Suisse, one of the earliest licensed crypto financial services firms in Switzerland, is reported to be cutting up to 60 jobs. The firm has not published a dedicated statement on the cuts through its own official channels as of this writing. The reported overhaul comes as Swiss-regulated crypto firms face rising compliance […] This post first appeared in Bitcoin Suisse Reported to Cut Up to 60 Swiss Jobs in Overhaul

Key Facts ESMA has reminded firms of existing binary-option product intervention rules as prediction markets expand globally. Prediction market platforms including Polymarket and Kalshi have geo-blocked parts of the EU rather than seek full authorization. The reminder does not introduce new rules; it applies a measure that has existed in EU law since 2018. The […] This post first appeared in ESMA Reminds Firms of Binary Option Rules as Prediction Markets Grow

Key Facts Clearpool, an institutional credit protocol, is expanding its operations onto the XRP Ledger. A CPOOL token bridge connects holdings on Clearpool’s existing chains to positions on XRPL. Clearpool describes itself as building “institutional credit, native to XRPL” on its own site. Clearpool, a decentralized credit marketplace that connects institutional borrowers to on-chain lenders, […] This post first appeared in Clearpool Plans XRPL Expansion With CPOOL Token Migration

Maharashtra, India’s largest state economy, is reported to be exploring tokenized claims on power transmission infrastructure. The move would follow India’s broader push into tokenized settlement, already underway in the corporate bond market via the digital rupee. No formal state notification confirming the plan has been published on Maharashtra’s official government channels as of this […] This post first appeared in Maharashtra Explores Tokenized Funding for India’s Power Grid