The CFTC said Thursday that Gemini “made false and misleading statements” from July to December 2017 about how it would prevent manipulation in Bitcoin prices that were to serve as a reference for the derivatives based on the cryptocurrency. …Read the full story
The Energy Department, which issues efficiency standards and studies clean technology, was unable to provide a person to speak on cryptocurrency energy usage. The decentralized nature of the Bitcoin blockchain means that a diverse group of miners—who last year earned more than $15 billion, according to data from The Block Research—would have to be brought […]
The secured lending facility lent cash collateralized by Bitcoin owned by the borrower, a spokeswoman for the bank said. …Read the full story
Welcome back to the Big Law Business column on the changing legal marketplace written by me, Roy Strom. It’s likely no coincidence that shortly after moving away from lockstep, many firms expanded to Northern California, where some top lawyers command eight-figure salaries. “This is an emerging companies market where partners can say, ‘This is my […]
Omicron, a highly transmissible variant of the coronavirus that causes Covid-19, has spread around the world in a matter of weeks since it was first identified in southern Africa. The omicron variant is characterized by some 30 or more changesin the spike protein, half of which are in the area that binds to the enzyme […]
Shryne, which has roughly 2,500 employees and owns 20 retail locations throughout California, also sells its products in Arizona, Michigan and Nevada. Berger’s hire comes more than a month after Shryne appointed Jonathan Avidor—a former associate at Sullivan & Cromwell in New York and Goodwin Procter in Silicon Valley—to be its CEO. Berger will lead […]
The principals “have surreptitiously agreed to a transaction involving the sale of the lucrative licenses that threatens to severely diminish or eliminate” the value of MMOF, an investment affiliate of Canada-based MedMen Enterprises Inc., which runs 33 stores in nine U.S. …Read the full story
