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Sam Bankman-Fried Faces Jail as DOJ Pushes for Incarceration


FTX founder Sam Bankman-Fried's defense isn't denying that he shared former Alameda Research CEO Caroline Ellison's diary with the New York Times, and so he should be "detained pending trial," the U.S. Department of Justice said again in a filing late Thursday

Figure Abandons Quest to be U.S. Chartered Crypto Bank After Three-Year Fight


Figure Technologies, Inc., has pulled its application to become a federally chartered bank in the U.S., ending a three-year rollercoaster ride as regulators clamped down on crypto activity and digital assets banking suffered a black eye when regional lenders associated with the tech world cratered...

WorldCoin to Open its ID System for Government and Private Companies: Report


Sam Altman co-founded tech firm WorldCoin is extending its reach by enabling governments and private businesses to leverage its controversial iris-scanning and identity-verification technology, Reuters reported.  WorldCoin continues to attract regulatory scrutiny for its tech that is being used...

Is Sam Bankman-Fried Going to Jail?


Federal prosecutors said they were “seeking detention” for Sam Bankman-Fried, asking a judge to revoke his bond after he shared documents with the New York Times that they allege were meant to harass a fellow executive from the FTX empire and potentially influence her testimony

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