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Sam Bankman-Fried Used Mackerel to Pay For a Haircut in Brooklyn Detention Center: WSJ
24.11.2023
With smoking now banned, the age-old practise of paying for certain goods and services with cigarettes has given way to trading preserved fish
Fallen FTX Founder Sam Bankman-Fried Adopts Mackerel as New Currency, Gives Guards Crypto Tips
24.11.2023
Behind bars, Bankman-Fried has adopted mackerel packs as currency and advises guards on crypto amidst his legal turmoil over FTX’s collapse. Image by Fareed Mindalano, DALL-E 3. Sam Bankman-Fried, the disgraced founder of the failed cryptocurrency exchange FTX, has adapted to life behind bars...
Today in Crypto: Binance Shows Greater Net Flows Resilience, Capital is Flowing Out of US into Asia, OKX Applies for Hong Kong VATP License
24.11.2023
Source: AdobeStock / Diego Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Market news Contrasting with the crisis experienced by exchanges like FTX, Binance has demonstrated greater resilience...
Court Upholds Detention of Ex-FTX CEO Sam Bankman-Fried, Deeming Release Arguments ‘Unpersuasive’
24.11.2023
As Sam Bankman-Fried’s legal representatives gear up to appeal the ex-FTX chief’s recent verdict, they have requested the court for his provisional release from the Metropolitan Detention Center in Brooklyn, New York. Upon examination of Bankman-Fried’s claims, a clerk from the court...
It sounds fishy, but SBF really IS trading mackerel in prison: Report
24.11.2023
The former billionaire paid four “macks” for a haircut before his trial while staying at the Brooklyn Metropolitan Detention Center
FTX’s FTT token rallies 30% — Binance effect or FTX 2.0 reopening?
23.11.2023
This surge suggests significant institutional attention despite the token’s historical association with FTX’s financial challenges
FTX collapse, Binance’s US settlement provides strong case for MiCA regulations
23.11.2023
European Commission policy officer Ivan Keller highlights high profile centralized exchange shortcomings as key reasons for the implementation of MiCA regulations in Europe
Setting new standards for crypto exchanges in the post-FTX era: Report
22.11.2023
In an industry that is growing increasingly wary of financial malpractice, which exchange is the most trustworthy?
One year to FTX crash: 3 cryptos that survived and recovered
21.11.2023
The popular exchange, FTX, collapsed in November 2022 and happened over 10 days. The catalyst for the downfall of FTX was a cryptocurrency news site called CoinDesk that revealed a majority of digital assets being held by a quantitative trading company and the sister company run by Bankman-Fried...
FTX-Linked Anthropic Declines OpenAI’s Merger and Leadership Offer
21.11.2023
Source: OpenAI / Anthropic Amid leadership changes at OpenAI, Anthropic, backed by FTX, has turned down an offer to merge and take on a leading role, according to The Information. The Information reports that after OpenAI’s board fired the former CEO Sam Altman, the company approached its rival...
FTX-Backed Anthropic’s CEO Declined OpenAI's Merger Offer: The Information
21.11.2023
FTX-backed artificial intelligence company Anthropic's CEO and co-founder Dario Amodei declined an offer from OpenAI's board of directors to merge, according to a news report
Crypto Markets Chop as Reports Emerge That US DoJ Wants Over $4 Billion From Binance to Settle Yearlong Investigation – Here’s The Latest
20.11.2023
Binance Logo / Source: Adobe The US Department of Justice (DoJ) is seeking a settlement of more than $4 billion from the world’s largest crypto exchange Binance as a proposed resolution to a yearlong investigation into the exchange, Bloomberg reported on Monday citing people familiar with...
SBF Granted Post-Trial Extension in New Signed Order
20.11.2023
Source: Adobe / Ascannio Judge Lewis A. Kaplan has granted an extension for the legal team of disgraced FTX founder, Sam Bankman-Fried, to submit their post-trial motions on December 1st, 2023. The defense’s chance to redeem SBF Originally due November 20th, 2023, the defense’s post-trial motions...
Exchange Token FTT’s 200% Spike in 2 Weeks Defies Bankruptcy and Bankman-Fried’s Fraud Conviction Woes
19.11.2023
FTT, the exchange token launched by the now defunct cryptocurrency trading platform FTX, has experienced a significant 200% surge in value over the past two weeks, surpassing the $3 per unit mark. Ranking as the fifth largest exchange coin in terms of market capitalization, FTT stands below...
One year on: Top 3 gainers after the 'FTX crash bottom'
19.11.2023
Bitcoin has more than doubled in price since the FTX collapse a year ago, but several other coins such as Chainlink have seen ever bigger gains since
A Year After FTX: The Lesson Europe Has Fixated On
17.11.2023
The company’s collapse a year ago sent shockwaves through the world of crypto, but it changed very little in the new EU crypto regulation. Brussels is more interested in the question of what the pseudonymous crypto-asset world is good for, says Dea Markova
Sam Bankman-Fried's Trial May Be Over, but The Bahamas Is Living Its Own Trial
16.11.2023
Bankman-Fried may have been convicted, but The Bahamas appears to be dealing with the stigma of rolling out a red carpet for FTX
CFTC Chairman: U.S. Regulators Lack Authority to Prevent Another Major Crypto Collapse
15.11.2023
Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam has stated that U.S. regulators lack the authority to preemptively prevent another major crypto collapse similar to the FTX incident. Speaking at the Financial Markets Quality Conference 2023 at Georgetown University, Behnam...
CFTC Chief: Nothing Changed After FTX Meltdown to Empower Agency to Prevent Repeat
15.11.2023
U.S. regulators don't have any more authority now to head off another major crypto collapse than they did when FTX imploded and took much of the industry with it, said Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam
Solana’s SOL Jumps 20% as Investors Turn Bullish, Fears of FTX Sales Wane
15.11.2023
The tokens crossed $63, reaching a level previously seen in May 2022. Trading volumes spiked to over $3.5 billion, up more than 70% from average levels of $2 billion each day at the start of November