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FTX SCANDAL
Sam Bankman-Fried loses bid to overturn crypto fraud convictionSam Bankman-Fried's bid to overturn his fraud conviction and 25-year prison sentence has failed. The appeals court found prosecutors' evide...- What is actually happening to Bitcoin (BTC) right now? Why the $2 trillion crypto market crash is sending Bitcoin, Ethereum, Solana, and XRP into freefallBitcoin crash fears intensified after BTC briefly slipped below $60,000 for the first time since October 2024. The broader crypto market ha...
- Crypto hype to continue but you need to ask: Can the lure of quick money control your financial decisions?We have reached a stage where everyone thinks that cryptocurrency is a legitimate asset class. While there may be regulatory obstacles, the...
- Binance founder Changpeng Zhao sentenced to 4 months for allowing money launderingZhao pleaded guilty in November to one count of failing to take required anti-money-laundering measures and stepped down as Binance agreed ...
- US crypto industry lobby spending on track for new record in 2023Crypto companies spent $18.96 million in the first three quarters of 2023 on lobbying, compared with $16.1 million during the same period i...
- Bitcoin breaks $40,000 as momentum buildsThe world's biggest currency hit as high as $40,210 in Sunday trade, its highest since April 2022. It was steady at $40,011 in thin trade e...
- Bitcoin breaks $40,000 as momentum buildsThe world's biggest currency hit as high as $40,210 in Sunday trade, its highest since April 2022. It was steady at $40,011 in thin trade e...
- Relief in crypto world over Sam Bankman-Fried convictionBankman-Fried faces more than 100 years in prison at sentencing scheduled for March 28, 2024. He is expected to appeal.
- Who's rooting hardest for a Sam Bankman-Fried conviction?Eleven months after FTX's implosion sent an already declining cryptocurrency market into a doom spiral, Bankman-Fried's trial is set to reo...
- US crypto lobbyists court Democrats in fresh legislative pushThe Blockchain Association, Chamber of Digital Commerce, Crypto Council for Innovation, and Coinbase Global are among the groups knocking o...
- Binance executives quit as problems mount at crypto firmThe firm is one of the biggest left in the crypto industry, which has seen a string of scandals, hacks and thefts and suffered plummeting v...
- SEC enforcement chief rejects criticism of crypto crackdownThe US Securities and Exchange Commission has faced criticism for heightening scrutiny of cryptocurrency firms. Gurbir Grewal, the regulato...
- 'Thousands' quit US over crypto negativity: Blockchain chiefUS cryptocurrency regulations, which are seen to be negative and critical, have driven thousands of crypto experts to leave the country, ac...
- Coinbase, Galaxy, Paxos stop accepting transfers via Silvergate NetworkThe exodus threatens Silvergate’s SEN network, the bank’s key source of deposits and a platform for crypto participants to transfer money a...
- FTX scandal: What is it and how did it unravel? Here’s all you need to knowFTX stands for "Futures Exchange". FTX appeared to be a major success story in cryptocurrency just a few months ago until it all fell apart.
- New CEO calls FTX's corporate control a 'complete failure'FTX collapsed last week after a run on deposits exposed a deep financial hole in the business. Last Friday, the company filed for bankruptc...
- Big investors are giving up on crypto markets going mainstreamThe implosions and scandals of the past few months have laid waste to the key arguments of crypto boosters, and all but obliterated the not...
- Former FTX CEO Sam Bankman-Fried planning escape to Dubai: reportAccording to a report by Cointelegraph, the former FTX CEO is under supervision in Bahamas.
- Bankman-Fried: From crypto king to king of tech bubble’s losersA week that began with two crypto CEOs tweeting barbs ended with the bankruptcy of FTX, one of the largest and most prominent crypto exchan...
- How Sam Bankman-Fried fooled the crypto world and maybe even himselfThe ties between FTX and Alameda are at the heart of Bankman-Fried’s downfall. The US Securities and Exchange Commission is investigating h...
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