On-Chain, In Court: What Happened in Crypto Legal News this Week

This week's crypto legal news highlights several key developments. Alex Mashinsky, former CEO of Celsius, will represent himself in court as he prepares for sentencing following his conviction for fraud and price manipulation. His former chief revenue officer, Roni Cohen-Pavon, is scheduled for sentencing, with prosecutors recommending leniency due to his cooperation. Meanwhile, the city of Spokane Valley, Washington, has banned crypto kiosks and ATMs to combat scams, imposing penalties for non-compliance. In Iowa, Attorney General Brenna Bird announced rigorous oversight for crypto ATMs to protect residents. Additionally, US authorities are seeking the forfeiture of $10 million in assets connected to Sam "SBF" Bankman-Fried, which were identified as funds used for an investment in Semafor, as part of his ongoing $11 billion forfeiture judgment from his FTX conviction.

(Source：Cointelegraph)