Lawyers for FTX’s disgraced former boss, Sam Bankman-Fried (SBF), have reached an agreement with prosecutors allowing him to contact certain FTX employees. Besides certain restrictions, the 30-year-old may contact such parties through a host of new mediums. The New Rules Updated terms surrounding Bankman-Fried’s contact restrictions were sent to Lewis A. Kaplan – a judge for the Southern District of New York – in a letter on Monday. Bankman-Fried’s lawyers said the updated conditions were a response to the government…
Private Sale
What is a Crypto Pre-Sale?
A crypto pre-sale, also known as a pre-ICO, is a sale of tokens that occurs before the main crowdsale (ICO) event. Crypto pre-sales are usually limited to a smaller group of investors and offer the tokens at a discounted price. A crypto pre-sale aims to raise funds to develop the project and create a community of early supporters. Crypto Pre-sales can be an attractive option for investors because they can get in on the ground floor of a promising project…
1 month ago 180 views
Crypto Private vs. Public Sale
Cryptocurrency sales can be divided into two main categories: private and public sales. Here is a guide to the main differences between the two: Private sale A private sale is a fundraising event only open to a select group of accredited investors. Startups and early-stage companies often use private sales to raise capital from a small group of strategic investors. Private sales are usually conducted before the public sale and are often used to gauge interest and test the market.…
1 month ago 148 views