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SBF Is Going to Prison for 25 Years

29.3.2024
Sam Bankman-Fried is going to prison. He won't be spending time in a maximum security facility, and he'll be placed as close to his family in the San Francisco Bay Area as possible, but he's going to prison nonetheless – and he'll be there for the next 25 years

SWIFT Plans to Launch CBDC Interconnection System in Next Two Years

29.3.2024
SWIFT, the network that provides the messaging system for cross-border banking settlements, has announced plans to launch a CBDC equivalent of its current network in the next two years. The organization recently completed a 6-month test to assess the viability of such a development, which included...

22 Years Ago, Kingdom Hearts Almost Got Me Grounded For Life

28.3.2024
We could hear her flip-flops slapping the concrete steps that led to the basement before we saw her. “Shh!” we hissed at each other, both of us adopting casual, seated poses on the well-worn couch to exude an air of relaxation, of calm. My sister’s breathing betrayed us, however—her chest...

Former FTX Boss Sam Bankman-Fried Sentenced to 25 Years in Prison

28.3.2024
On Thursday, March 28, 2024, the former head of FTX, Sam Bankman-Fried, received his sentence during a federal court proceeding in Manhattan. U.S. Marshals escorted Bankman-Fried into the courtroom at precisely 9:39 a.m. Eastern Time, as reported by Matthew Russell Lee of Inner City Press. Judge...

Gambling Takes Center Stage in This Year’s March Madness

26.3.2024
In a year where legal wagering on sports shattered previous records, the NCAA men’s and women’s basketball tournaments are the pinnacle of sports betting, with an estimated $2.7 billion expected to be wagered through legal channels. Crypto gambling offers fans the ability to pick their...

SWIFT to Launch CBDC Platform in 2025-26: Report

26.3.2024
SWIFT, the global messaging network used by banks, service providers, clearinghouses, corporate business houses, brokers, is planning to launch a new platform to connect central bank digital currencies in the next one to two years. The post SWIFT to Launch CBDC Platform in 2025-26: Report appeared...

How Many Years Will Sam Bankman-Fried Get In Prison, Really?

22.3.2024
Set to be sentenced next week, disgraced FTX founder Sam Bankman-Fried is facing charges that carry a total maximum penalty of over 100 years in prison. Former U.S. Assistant Attorney and white-collar crime expert Kevin J. O'Brien weighs in on the FTX estate and Bankman-Fried's prison time. The...

Does Sam Bankman-Fried Deserve 50 Years in Prison?

20.3.2024
The stage is set for a federal judge to determine how long Sam Bankman-Fried may spend in prison. The U.S. Department of Justice and defense attorneys have now both filed their arguments, as well as statements from FTX creditors (from the prosecution) and Bankman-Fried's family and friends (from...

Destiny 2’s Newest Mode Delivers Something Fans Have Waited Years For

19.3.2024
We’ve still got a couple more months to wait for Destiny 2’s next expansion, The Final Shape, which is set to launch June 4. But players finally have something to get excited about, thanks to a new developer stream. Into the Light, the game’s next update launches on April 9 and during the first...

Sam Bankman-Fried Should Spend 40-50 Years in Prison, DOJ Says

15.3.2024
Prosecutors recommended that a federal judge sentence FTX founder and former CEO Sam Bankman-Fried to at least 40 and as many as 50 years in prison for his conviction on fraud and conspiracy charges tied to the collapse of what was once one of the world's largest crypto exchanges

Arbitrum Seeks DAO Approval for $400 Million Gaming Ecosystem Fund

15.3.2024
Arbitrum Foundation proposes a $400 million gaming catalyst fund to the DAO for community endorsement, aiming to invigorate its blockchain gaming ecosystem over two years. The post Arbitrum Seeks DAO Approval for $400 Million Gaming Ecosystem Fund appeared first on Cryptonews

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