Token2049 Dubai saw innovative approaches to blend social media and trading, highlighting the evolution of crypto into a comprehensive social ecosystem.
The cryptocurrency exchange filed an objection to the fine, but went on to register and continue operating in The Netherlands.
The legal action is pursuing “compensatory and punitive damages” from Bybit regarding the token scheme and the assets held on its platform.
Listening to the plea, the bench headed by the Chief Justice of India (CJI) remarked that the petitioner’s demands are more legislative in nature.
According to the bank, potential cryptocurrency investors usually make an average of three payments before recognizing they’ve fallen victim to a scam.
The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate.
