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Breaking: Judge Sentences FTX Founder Sam Bankman-Fried to 25 Years in Prison, Fined $11 Billion
28.3.2024
Disgraced FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison and an $11 billion fine, Judge Lewis A. Kaplan ruled in Manhattan federal courthouse Thursday morning. Kaplan likened Bankman-Fried’s theft of nearly $8 billion in customer funds to “a game,” where...
Crypto Firm USI Tech Founder Horst Jicha Arrested for Alleged $150 Million Fraud
22.1.2024
Horst Jicha, the founder of crypto firm USI Tech, has been arrested and charged by U.S. authorities for his involvement in an alleged $150 million international fraud scheme. According to a recent release published by the U.S. Depoartment of Justice (DOJ), Jicha, a 64-year-old German national,...
Hogwarts Legacy Just Broke A 14-Year Games Industry Streak
18.1.2024
According to newly released data, 2023's best-selling video game was Hogwarts Legacy from WB Games. And that means that for the first time in over a decade, the top-selling game of the year wasn’t another Call of Duty, Grand Theft Auto, or other Rockstar-published game. Read more
Police Catch South Korea’s ‘$3.5m Nursing Care Fund Crypto Thief’
11.1.2024
Source: papii/Adobe Police in the Philippines have arrested a South Korean man suspected of stealing some $3.5 million from a nursing care fund – and spending the money on crypto. Officers think the 44-year-old man, unnamed for legal reasons, embezzled the money from April 2022 to September 2022....
Crypto for Advisors: The 2024 Year Ahead
21.12.2023
Advisors now have a better – but still nascent – array of investment options to help avoid the pitfalls of early-adopter risk and exploit a generational opportunity in 2024
Someone Found Secret Cheat Codes In A 14-Year-Old Gran Turismo Game
30.11.2023
14 years after Gran Turismo on the PlayStation Portable launched, someone discovered previously undocumented cheat codes in the portable racing game. It’s a good reminder that there are likely thousands of undiscovered secrets, cheats, and Easter eggs lurking in video games. Read more
'Bruno Brock', Founder of Oyster Pearl, Gets Four Year Jail Term for Tax Evasion
1.11.2023
Elmaani pleaded guilty in April 2023, agreeing that he caused a tax loss of over $5.5 million
Lawyer Who Laundered Onecoin Money Denied New Trial
20.9.2023
A judge in the U.S. has rejected a request by a lawyer who laundered $400 million from the Onecoin crypto pyramid to have a new trial. The ruling clears the path for sentencing 54-year-old Mark Scott despite a key prosecution witness admittedly lying in court. Judge Not Convinced in Onecoin...
First Mover Americas: Crypto Trading Volume Hits 4-Year Low
7.9.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 7, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
End of an Era: Over 4 Years Pass Without Self-Proclaimed Satoshis
25.6.2023
Satoshi Nakamoto, a captivating figure in the world of cryptocurrencies, remains an enigma, intriguing both crypto enthusiasts and experts. Numerous individuals have stepped forward over the years, proclaiming themselves as the elusive creator of Bitcoin. However, none of them have succeeded...
CEX trading volumes fell to 4-year lows even before Binance, Coinbase suits
8.6.2023
Monthly trading volumes on centralized exchanges continued to fall in May as regulators tighten their grip on the industry
Apparently Bowser Is Just 34 Years Old (I’m Sorry)
6.6.2023
Video games aren’t real life, sure. I get that. But it’s still odd to realize that certain game characters who have been around for what seems like forever, aren’t actually that old. For example, according to a new video from Nintendo, Mario’s archnemesis—Bowser—is only in his thirties. Some of...
South African Rand Plunges to New Low After Benchmark Interest Rate Is Raised to 14-Year High
29.5.2023
The South African fiat currency’s exchange rate versus the U.S. dollar plunged to a new all-time low of 19.7640 per dollar on May 25 just moments after the South African Reserve Bank raised the benchmark interest rate to its highest since 2009. Although the currency has since made some...
Titanium Blockchain CEO behind BARs ICO fraud, put behind bars for 4 years
27.3.2023
The Titanium Blockchain executive has been finally sentenced after pleading guilty in July last year
Shares of Deutsche Bank, Other Euro Lenders Tumble
24.3.2023
Deutsche Bank shares plunged on Friday, along with the stocks of other European banks, amid investor concerns over the stability of the global banking sector. The drop comes in the aftermath of the recent emergency rescue of Credit Suisse and follows losses in U.S. banks on Thursday. Deutsche Bank...
$20K Bitcoin may return, says analyst as US unemployment hits 54-year low
3.2.2023
Bitcoin buyers may get a chance to "load up" below $22,000 on the back of employment statistics
U.K. Man Sentenced to 4 1/2 Years in Jail for Stealing $2.5M in Crypto
27.1.2023
Wybbo Wirsma, a Dutch native who lived in the U.K., was under investigation for five years until he pleaded guilty in an Oxford court on Thursday
The State Of PlayStation In 2022
29.12.2022
The decision-makers behind Sony’s console juggernaut spent a lot of 2022 putting down railway for 2023 and beyond, dumping money and time into growing the PlayStation brand beyond the funky-looking device in your entertainment center. The company wants the PlayStation name to be ubiquitous,...
Bitcoin Family Says They Are Moving $1M in Crypto to Decentralized Exchanges After FTX Collapse
1.12.2022
In October 2017, Netherlands native Didi Taihuttu and his family sold all their valuable belongings and their house for bitcoin. The decision paid off and the Taihuttu family has traveled all around the world and recently moved to the island of Phuket. On Nov. 30, the 44-year-old Didi Taihuttu told...
EmpiresX 'head trader' to face 4 years of prison over $100M crypto 'Ponzi'
1.12.2022
Two other associates that helped run the U.S.-based fraudulent crypto platform EmpiresX left the country early this year and are believed to be in Brazil