Polygon co-founder Jaynti Kanani steps down, will contribute "from the sidelines." The U.S. Department of Justice said its charges against Sam Bankman-Fried remain valid despite there being no specific U.S. crypto regulations. And District Court Judge Analisa Torres rejected the United States Securities and Exchange Commission’s motion to file an interlocutory appeal in the Ripple case.
Polygon co-founder Jaynti Kanani announced on Oct. 4 that they’ll be stepping down and contributing from the sidelines. The former Polygon CEO stepped back from chief executive duties in 2021, ceding the way for then chief legal officer Marc Boiron to assume the position.