The proposed consent judgments, filed in the U.S. District Court for the Southern District of New York, pertain to former Alameda Research CEO Caroline Ellison, former FTX Chief Technology Officer Gary Wang, and former FTX Head of Engineering Nishad Singh.
This partnership marks the first collaboration between SBI Ripple Asia and an XRPL-native protocol, signaling a new chapter for institutional-grade finance on the XRP Ledger. Through this alignment, both parties aim to accelerate the adoption of transparent, compliant, and yield-generating products built on the XRPL.
Strategy, the largest corporate holder of Bitcoin, submitted a formal objection describing the threshold as “discriminatory, arbitrary, and unworkable,” warning that it would redefine operating companies as investment funds based solely on balance sheet composition rather than business activity.
Kwon, 34, pleaded guilty to conspiracy to defraud and wire fraud. US District Judge Paul Engelmayer delivered the sentence at a New York hearing, calling the case “a fraud of epic generational scale.”
Their Cashflow-linked financing is set to address gaps in India’s SME credit landscape.
