News Snapshot:
A US District Judge blocked prosecutors from presenting the so-called “coconut comment” during the criminal trial of BitMEX Co-founder Arthur Hayes and other crypto exchange executives. The government will not be able to use this argument during the trial in March, District Judge John Koeltl said on Thursday, Bloomberg reported. Hayes “spoke in a plainly jocular fashion” Koeltl is quoted as saying, adding that the video of his comments is “highly inflammatory” because it suggests that there is bribery involved. However, the judge stated: “There’s no evidence of bribery in the Seychelles, and plainly the relevance of the segment is...
