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FTX founder reportedly cashes out $684K after being released on bail
30.12.2022
SBF has allegedly cashed out $684,000 from a crypto exchange in Seychelles while being under house arrest, according to an on-chain investigation
Microstrategy Buys More Bitcoin — Company’s Crypto Holdings Grow to 132,500 BTC
29.12.2022
Microstrategy is now holding approximately 132,500 bitcoin following its most recent purchases. This year, the world’s largest cryptocurrency has emerged as “the institutional-grade digital asset,” said Microstrategy founder Michael Saylor. Microstrategy Acquires More Bitcoin...
FTX Co-Founder Faces ‘No-Nonsense’ Judge Next Week, Report Says SBF ‘Expected to Enter a Plea’ in Fraud Case
28.12.2022
According to court documents, Sam Bankman-Fried (SBF) is set to be arraigned by the federal court in the Southern District of New York (SDNY) on Jan. 3, 2023. The disgraced FTX co-founder plans to enter a plea in his fraud case in front of U.S. judge Lewis Kaplan in Manhattan, according to a report...
Crypto Winter Will Last 'At Least Another Year' Says Founder of Crypto Firm Which Just Laid Off 40% of Its Workforce
28.12.2022
Octopus Network, a multichain cryptonetwork built on NEAR Protocol, has laid off some 40% of the core team and lowered pay for the rest due to the ongoing crypto winter - a cold wave that will not be ending for at least another year, argued the project's founder Louis Liu.
The string of companies...
Community slams NYT for its latest 'sympathy piece' on FTX's Bankman-Fried
27.12.2022
The article bizarrely contrasts the alleged fraud carried out by Sam Bankman-Fried against gang violence on the Bahamian island of New Providence
Crypto Community Asks: Where in the World Is Ex-Alameda CEO Sam Trabucco?
24.12.2022
Following FTX co-founder Sam Bankman-Fried’s arrest and the statements from his co-workers Gary Wang and Caroline Ellison, the spotlight has turned on the remaining executives who were part of the team’s inner circle. Another person people are curious about these days is Alameda Research’s...
FTX Co-Founder Sam Bankman-Fried Posts $250 Million Bond, Will Remain Under House Arrest – Where is the Money From?
23.12.2022
Disgraced former FTX CEO Sam Bankman-Fried has been released from jail after posting a $250m bond in a New York court.
The bond was paid for partly by Bankman-Fried’s parents, Standford law professors Joseph Bankman and Barbara Fried, putting up the equity in their California home. However, facts...
SEC Charges Against FTX, Alameda Execs Wang and Ellison Reveal Key Findings, US Regulator Says FTT Is a Security
22.12.2022
On Dec. 21, 2022, members of U.S. law enforcement detailed that FTX co-founder Gary Wang and ex-Alameda Research CEO have pleaded guilty to financial fraud charges. The recent charges against Wang and Ellison highlight some key findings and according to the U.S. Securities and Exchange Commission...
3 FTX Execs Have Snitched on SBF, Now Scrutiny Is Aimed at Nishad Singh and Ramnik Arora
22.12.2022
On Dec. 21, U.S. law enforcement officials from the Southern District of New York (SDNY), the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC) revealed they imposed fraud charges against FTX co-founder Gary Wang and ex-Alameda Research CEO Caroline...
FTX’s Gary Wang and Alameda’s Caroline Ellison Plead Guilty to Fraud, Duo Is ‘Cooperating’ With Feds
22.12.2022
On Dec. 21, 2022, U.S. attorney Damian Williams announced that the Southern District of New York (SDNY) Department of Justice (DOJ) filed charges against Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang. Williams declared that both Ellison and Wang have been cooperating with...
DeFi Project Popsicle’s ICE Token Triples As Controversial Wonderland Founder Returns
21.12.2022
The sudden price surge of Popsicle’s ICE native token coincided with the controversial blockchain developer Daniele Sestagalli unveiling his return to rebuild the project
Waves Blockchain Founder Asks Exchanges to Delist WAVES Token Derivative Trading
21.12.2022
Sasha Ivanov, the founder of decentralized blockchain Waves, has asked centralized exchanges to deactivate futures markets tied to its native WAVES token
Extradition Papers Signed: Sam Bankman-Fried, Founder of FTX, to Return to US for Charges
21.12.2022
Sam Bankman-Fried, the disgraced founder of collapsed crypto exchange FTX, has signed extradition papers, agreeing to be extradited to the United States.
According to a report by ABC News, Bankman-Fried signed the papers to waive an extradition hearing from the Bahamas after the crypto boss...
SBF signs extradition papers, set to return to face charges in the US
21.12.2022
The FTX founder has reportedly signed on the dotted line, bringing him a step closer to returning to US soil
Waves founder announces new stablecoin as USDN depegs
20.12.2022
Days after USDN lost its peg with USD, Waves CEO and founder Sasha Ivanov promised that his new stablecoin will be “undepeggable."
Polygon Founder Unveils Web3 Accelerator Beacon
20.12.2022
The accelerator helps connect founders with potential investors
Waves Blockchain Founder Sasha Ivanov Promises USDN Revival Plan, New Stablecoin
20.12.2022
USDN, the algorithmic stablecoin of the Waves ecosystem, fell as low as $0.53 early Tuesday
‘Visibly Shaking’ FTX Co-Founder Hammers out a ‘Wasted Day’ in Court as Bahamian, US Legal Team Prep for Extradition
20.12.2022
FTX co-founder Sam Bankman-Fried (SBF) had a difficult day in court on Monday according to a number of accounts that said SBF’s local attorney seemed to be in conflict with his U.S. legal team. Furthermore, courtroom reports noted that SBF dozed off for an extended period of time and had to...
Meta VR Consultant John Carmack Leaves Company; Criticizes Inefficiencies of VR and Metaverse Projects
20.12.2022
John Carmack, the founder of renowned company ID Software and executive consultant on VR for Meta, has announced he is leaving Meta. Among the reasons for this departure, Carmack signals that there are inefficiencies and self-sabotage at Meta that have affected the work that the company is doing...
FTX Collapse Is ‘Golden Opportunity’ for Developers, Says Tezos Co-Founder
19.12.2022
Kathleen Breitman, co-founder of the Luxembourg-based blockchain platform, discusses why the collapse of FTX is a “massive distraction” for the industry but has made it prime time for hiring developers