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Ex Celsius CEO Mashinsky Assets Frozen by Court – Here's the Latest


A federal court has ordered assets and bank accounts belonging to Alex Mashinsky, the former CEO of bankrupt crypto lender Celsius to be frozen. A court filing on Sept 5 revealed that a judge in the Southern District of New York signed off the request to freeze Mashinksy's assets as the criminal...

Martin Shkreli Details Sam Bankman-Fried’s Life in Prison


Martin Shkreli, the former CEO of several hedge funds and pharmaceutical companies, offered updates about the life of Sam Bankman-Fried in prison. Jeremy Lorenzo (aka Flacco Poops), Shkreli’s source on MDC Brooklyn, the center in which Bankman-Fried is being held, stated that he has been...

Legal Battle at Gala Games: CEO Accuses Co-Founder of $130 Million Theft


Gala Games CEO Eric Schiermeyer has filed a lawsuit against the company's co-founder, Wright Thurston, alleging the theft of 8.6 billion GALA tokens worth $130 million in early 2021. In addition to alleging theft, the lawsuit claims that Thurston has a history of founding companies that end...

CEO of Gala Games files lawsuit against co-founder


An uneasy occurrence has taken place at Gala Games, with the CEO of the company, Eric Schiermeyer, having filed a lawsuit against the Co-Founder, Wright Thurston. This is with regard to the misappropriation of funds. As a result, its token value has fallen by 13%. The allegation is that Thurston...

Binance CEO CZ Predicts DeFi to Outshine CeFi in Upcoming Bull Run


Binance CEO Changpeng Zhao believes decentralized finance (DeFi) can outshine centralized finance (CeFi) during the upcoming bull run.  On September 1, the crypto boss hosted a live X Spaces event, during which he expressed his belief that DeFi has the potential to surpass CeFi in terms of trading...

FTX Financial Filing Reveals Yacht Purchase for Former Co-CEO Sam Trabucco


FTX debtors have disclosed a series of financial statements that show top executives used company funds to their own advantage shortly before the cryptocurrency exchange collapsed. In a recent court filing with the United States Bankruptcy Court for the District of Delaware, FTX debtors shed light...

Green Bitcoin Mining: Nodal Power Secures $13M for Landfill Gas Conversion


Utah-based Nodal Power, which specializes in turning landfill gas into energy for powering bitcoin (BTC) mining hubs, recently announced a successful $13 million seed round backed by strategic investors. Bryan Black, Nodal’s CEO, stressed the technology’s “potential to make...

FTX Founder’s Expert Witnesses Face Exclusion in Fraud Trial


The U.S. Department of Justice filed a motion on Monday seeking to bar all seven of Sam Bankman-Fried’s proposed expert witnesses from testifying in the former FTX CEO’s upcoming fraud trial. Federal prosecutors cited issues with the witnesses’ reliability and accused them...

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