Search
Sam Bankman-Fried Prosecutor Promises 'Handcuffs for All' Crypto Crooks
3.11.2023
Damian Williams, the U.S. attorney for the powerful Southern District of New York, set an ominous warning following the conviction of former crypto kingpin Bankman-Fried
Another Court Finds SEC Acted ‘Arbitrarily and Capriciously’
3.11.2023
The United States Court of Appeals for the Fifth Circuit has found that the U.S. Securities and Exchange Commission (SEC) acted “arbitrarily and capriciously” in a case involving the stock buyback disclosure rule. “Another day and another court finds that the SEC again acted...
Guilty on All Counts: Former FTX CEO Sam Bankman-Fried Faces Potential Century-Long Sentence
3.11.2023
Sam Bankman-Fried, the disgraced former CEO of FTX, has been convicted on all seven charges, including wire fraud, securities fraud, commodities fraud, and money laundering. The jury reached a verdict at around 7:45 p.m. (ET) on Thursday evening according to an account shared by Matthew Russell...
Breaking: Sam Bankman-Fried found guilty on all charges
3.11.2023
Sam Bankman-Fried’s criminal trial has concluded with a jury finding him guilty of all seven charges
$308M crypto laundering scheme busted, Hashkey token, Hong Kong CBDC: Asia Express
3.11.2023
Asia Express: Ringleaders of $308M P2P crypto laundering scheme jailed in China, Visa’s Hong Kong CBDC trial a success, Hashkey token
Coinbase narrows loss while crypto trading volumes fall in Q3
3.11.2023
Despite seeing falling trading volumes, Coinbase said they were “pleased” with how the quarter played out
As the Jury Deliberates in SBF Trial, what happens next?
3.11.2023
As the jury begins deliberations in the trial against Sam Bankman-Fried, questions remain over what impact the verdict will have on the crypto industry as a whole. Here’s what to expect going forward. The future of FTX John Jay Ray III, an attorney with a track record for recovering funds...
Prisoners’ Dreams to Stash $54M in Crypto in Exotic Locales Dashed as Feds Grab Them for Treasury
2.11.2023
Federal law enforcement has seized $54 million worth of cryptocurrencies from the leader of a notorious New Jersey drug ring, U.S. Attorney Philip R. Sellinger said Thursday in a statement
OCCRP Investigation Alleges Bukele Embezzled $200 Million for Bitcoin Projects in El Salvador
2.11.2023
An investigation led by the Organized Crime and Corruption Reporting Project (OCCRP) alleges that Nayib Bukele, President of El Salvador, deviated hundreds of millions of dollars granted by the Central American Bank for Economic Integration (CABEI) to develop the project of making bitcoin legal...
Crypto Whales Are Accumulating This Underrated Gem – What Does it Do?
2.11.2023
Cryptocurrency investments have a history of raking in substantial returns, making them one of the sought-after investment avenues globally. Such is the allure of potential high returns that it often draws interest from various stakeholders, including seasoned crypto whales. Determining which...
Best Crypto to Buy Now November 2 – Aave, Solana, The Sandbox
2.11.2023
With Bitcoin still trying to surmount the $35,000 level, analysts have flagged Aave (AAVE),  Solana (SOL), The Sandbox (SAND), Bitcoin Minetrix (BTCMTX), and Meme Kombat (MK) as some of the best crypto to buy now as the broader crypto market continues to trend upwards. AAVE stalled after...
Coinbase Halts Staking Services in Maryland Following Securities Commissioner’s Order
2.11.2023
In an unfolding development, the US cryptocurrency exchange Coinbase announced the suspension of its staking services in Maryland today via an e-mail to its customers. The decision follows a preliminary cease and desist order issued by the Maryland Securities Commissioner on June 6, 2023. The order...
Prosecutor: FTX Boss Sam Bankman-Fried Stole Billions From Customers, Lied About It
2.11.2023
Federal prosecutor Nicolas Roos argued this week that Sam Bankman-Fried stole billions in customer funds from his cryptocurrency exchange FTX and lied repeatedly to cover it up, actions that make him guilty on all counts. The prosecutor’s closing argument paints a picture of Bankman-Fried...
Discredited Crypto Terrorist Funding Figures Gain Fresh Life in House Hearing
2.11.2023
Despite a raging online debate discrediting the scale of crypto support for terrorist groups, the story continues to resonate in important places. Most recently on Thursday, the ranking Democrat at a hearing in the U.S. House of Representatives quoted a figure of $130 million in digital assets...
October’s NFT Market Contracts Over 21%, With Ethereum’s Share Shrinking by $35 Million
2.11.2023
October proved to be a beneficial period for the broader crypto asset landscape; however, it cast a shadow on the non-fungible token (NFT) sector, witnessing a 21.64% dip in sales. Ethereum’s NFTs took the lion’s share, amassing $171 million out of the $313 million total, despite...
Is It Too Late to Buy Near Protocol? NEAR Price Skyrockets 37% as Emerging Telegram Crypto Casino Raises $1.6 Million
2.11.2023
Near Protocol has exploded as social media posts tease an upcoming announcement, sending NEAR price on a +37% skyrocket – is it too late to buy Near protocol. A fresh cryptic tweet on the Near Protocol X account has teased markets with an impending announcement at NEARCON23 (set for November...
Argentina’s E-Commerce Giant MercadoLibre Reports $21 Million in Customer Crypto Assets
2.11.2023
MercadoLibre , the renowned e-commerce platform in Argentina, has seen notable growth in its crypto segment. According to the company’s latest quarterly earnings report, MercadoLibre’s customers held a total of $21 million in crypto assets as of September 2023, a significant increase...
FCA releases guidance for compliance with new UK crypto asset promotion rules
2.11.2023
The regulator has made a few efforts to help crypto firms comply with the rules that came into force on Oct. 8
Dubai Moves Forward with Crypto Adoption as WadzPay Secures VARA Initial Approval
2.11.2023
  On October 31, the Dubai Virtual Assets Regulatory Authority (VARA) gave “Initial Approval” to WadzPay signifying a noteworthy stride towards broadening crypto adoption in Dubai. The approval is part of WadzPay’s progress toward achieving a comprehensive Virtual Asset...
Sam Bankman-Fried’s Attorney Paints Picture of Mistakes, Not Crimes, in Closing Argument
2.11.2023
Sam Bankman-Fried’s lawyer Mark Cohen gave a final argument Wednesday, portraying the FTX founder as someone who “did his best” and made mistakes but did not commit crimes. Bankman-Fried’s Lawyer: ‘Mistakes Are Not a Crime’ Sam Bankman-Fried‘s attorney...