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Former FTX CEO Sam Bankman-Fried Allegedly Being ‘Extorted and Physically Harmed’ in Jail

12.9.2023
Jeremy Lorenzo, aka “Poops,” has given more insights on the difficulties that former FTX CEO Sam Bankman-Fried is allegedly facing during his stay at Brooklyn Metropolitan Detention Center (MDC). Lorenzo shared that Bankman-Fried had computer code confiscated and that he might have been...

Former Celsius CEO Alex Mashinsky Seeks to Quash U.S. FTC Case

12.9.2023
Mashinsky was arrested in June on allegations of misleading investors and manipulating tokens, and also faces parallel actions from multiple regulators

Coinbase CEO Discusses US Crypto Regulation — Sees More Institutional Investors Coming In

12.9.2023
Coinbase CEO Brian Armstrong has explained that crypto regulation in the U.S. will happen in one of a few ways. He noted that Coinbase is seeing more institutional investors coming in and signing up as they seek “a flight to quality.” The executive added: “There’s a possibility...

Anchorage Digital CEO Highlights 'Widespread' Self-Custody Risks After Prime Trust Bankruptcy

11.9.2023
The collapse of crypto custodian Prime Trust in recent months has underscored the inherent risks of self-custody within the cryptocurrency industry, according to Diogo Monica, CEO of San Francisco-based crypto bank Anchorage Digital. Speaking in an interview with crypto news outlet Decrypt, Monica...

Coinbase CEO Brian Armstrong Asserts the Power of Crypto Voting Block that DC Don’t Realize

11.9.2023
Brian Armstong, CEO of the Coinbase crypto exchange, stressed the power of crypto voting blocks in the upcoming 2024 United States elections. He believes that the politicians don’t fully realize its importance. “I don't think everybody in DC actually fully realizes how powerful the crypto voting...

Binance CEO Urges Hardware 2FA Use for All Crypto Platforms After Vitalik Buterin’s X Account Hack

11.9.2023
Binance CEO Changpeng Zhao (CZ) has urged everyone to use hardware 2FA for all crypto platforms after a social media account belonging to Ethereum co-founder Vitalik Buterin was hacked and used to post a crypto scam link. “In the past, I have had my Twitter account locked a few times due...

Turkish Crypto Exchange Boss Gets 11,196 Years in Prison

10.9.2023
The CEO of collapsed Turkish crypto exchange Thodex has been sentenced to 11,196 years, 10 months, and 15 days in prison. He purportedly absconded with more than $2 billion in cryptocurrency belonging to more than 400,000 customers. The court found his crypto trading platform to be a criminal...

Binance Boss Counters ‘FUD’ Amidst Legal Challenges, Touts Company’s Resilience and Low Turnover

8.9.2023
Binance has faced a series of negative news reports in recent weeks. However, the cryptocurrency exchange’s leader, Changpeng Zhao, known as CZ, used social media to assure the community that the reports were just fear, uncertainty, and doubt (FUD). Despite the departure of some...

Worldcoin’s Centralization Dilemma: 100 Wallets Still Dominate 93% of Total Supply

8.9.2023
Since August 11, 2023, the number of unique digital wallets storing the iris-scanning cryptocurrency worldcoin (WLD) stood around 468,466. But in the weeks since, ownership of the fledgling crypto has expanded by over 26% to 591,633 wallets. However, worldcoin’s value has moved in...

Eric Chen, CEO of Injective Labs, on Building Finance Specific Blockchains and the Current State of DeFi | Ep. 263

8.9.2023
In an exclusive interview with cryptonews.com, Eric Chen, CEO of Injective Labs, talks about building blockchains specifically for finance, driving industry growth and redefining community engagement, and the current state of DeFi.... Read More: Eric Chen, CEO of Injective Labs, on Building Finance...

Turkish Crypto Exchange Thodex CEO Receives 11,196-Year Jail Term for Fraud and Money Laundering

8.9.2023
Faruk Fatih Ozer, the founder and former CEO of Thodex, a prominent Turkish cryptocurrency exchange, has been handed 11,196-year prison sentence for fraud and other crimes, Bloomberg reproted. Ozer was convicted on various charges, including fraud, leading a criminal organization, and money...

Turkish crypto exchange Thodex CEO gets 11,000-year sentence for $2B scam: Report

8.9.2023
The Thodex founder fled the country in 2021 only to be detained in Albania in Aug. 2022 and extradited to Turkey in April 2023

Nomura’s Crypto Arm Might Take Longer Time to Turn Profitable After Market Rout: CEO

8.9.2023
Laser Digital, the digital asset subsidiary of the Japanese financial services giant Nomura, might take a longer time to turn profitable than expected, as the company is still grappling to recover from the sector’s turmoil. Laser Digital had previously forecasted to make profits by 2024. However...

Binance Executives for Russia and Eastern Europe Leave Top Exchange

8.9.2023
Two Binance executives responsible for the crypto giant’s operations in Eastern Europe and the former Soviet space have left the company. The departures come at a time when the leading crypto exchange finds itself under persisting regulatory pressure and is considering leaving sanctioned Russia....

Africa's blockchain journey begins with poverty alleviation - CEO Sumotrust

8.9.2023
Africa must erase the poverty in general and help people into the middle class in order to drive faster blockchain technology incorporation

11,196 Years Jail Sentence for Faruk Özer, CEO of Collapsed Turkish Crypto Exchange Thodex

8.9.2023
Faruk Fatih Özer, the founder of the collapsed Turkish crypto exchange Thodex, his sister Serap Özer and his brother Güven Özer have been sentenced to 11,196 years, 10 months and 15 days in prison

Ugandan Fintech Asaak Acquires Mexican Asset Financing Startup Flexclub

8.9.2023
The Ugandan mobility fintech Asaak recently spread its tentacles to Latin America after it bought the Mexican asset financing business Flexclub. The fintech’s CEO suggested that his company’s successful and profitable microfinance business partly influenced the decision to acquire the Mexican...