Danielle Sassoon, the acting attorney for the Southern District of New York, resigned abruptly in connection with a Justice Department request that she suspend a corruption investigation into Mayor Eric Adams. It was not immediately clear who would replace Sassoon in the acting role. Sassoon was the lead prosecutor in the case of FTX founder Sam Bankman-Fried (SBF) and has also been in charge of several lawsuits involving the crypto industry. According to sources, acting U.S. Deputy Attorney Gen...
Landon Zinda has resigned from his position as policy director at the cryptocurrency advocacy group Coin Center to join the cryptocurrency task force of the Securities Exchange Commission (SEC). In a notice dated February 4, acting SEC Chairperson Mark Uyeda said that Zinda has joined the committee as his legal counsel and as a senior advisor to the cryptocurrency working group. The former Coin Center director will join the working group, led by Commissioner Hester Peirce, with chief aide Richar...
Kraken's chief legal officer, Marco Santori, a veteran lawyer who led Kraken's legal department for nearly five years, announced his resignation and said he would continue to serve as a senior adviser to the company, helping Kraken build a "global advisory board."
On December 7, a spokesperson for the National Power Party said that the impeachment case of President Yoon Seok-yeok was annulled due to the boycott of the ruling National Power Party in South Korea. "I apologize to the people who have suffered a huge impact due to the declaration of emergency martial law, and the National Power Party will formulate countermeasures to clean up the political situation and minimize the gap in national governance." It is reported that the representative of the Nat...
The Russian Central Bank has announced that First Deputy Governor Olga Skorobogatova will step down on December 2. She worked in the private sector until joining the central bank in 2014. Skorobogatova is responsible for overseeing the national payment system, IT and financial technology, including the digital ruble central bank digital currency (CBDC). Her position will be replaced by Zulfiya Kakhrumanova, the central bank's director of IT. First Deputy Governor Dmitry Tulin will be responsible...
Federal Reserve Chairperson Jerome Powell: If asked to resign, I will not resign.
On August 25, Bank of China announced that Mr. Liu Jin resigned as vice chairperson, executive director, member of the Strategy and Development Committee of the board of directors and president of the bank due to personal reasons. The resignation will take effect on August 25, 2024. The board of directors approved Mr. Ge Haijiao to perform the duties of president on his behalf.