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Former FTX exec sentenced to 7.5 years in prison after guilty plea
28.5.2024
After Sam Bankman-Fried, Ryan Salame is one of the first individuals connected to FTX and Alameda Research to receive prison time
Caitlyn Jenner Says She Was “Scammed” By Alleged Hacker Sahil Arora Following JENNER Token Release
28.5.2024
Reality TV star and former Olympic athlete Caitlyn Jenner revealed she was “scammed” by alleged hacker Sahil Arora in an X post late Monday. The alleged scam follows the release of her JENNER memecoin Sunday, which prompted significant hacking concerns from social media users.
The post Caitlyn...
Former Mt. Gox CEO Mark Karpelès Assures No Imminent Bitcoin Sale, “Everything Is Fine”
28.5.2024
In a social media post, Mark Karpelès, the former CEO of the now-defunct cryptocurrency exchange Mt. Gox, provided a status update on the recent situation. He assured followers that “everything is fine with MtGox” and revealed that the trustee is currently moving coins to a different...
Best Crypto to Buy Now May 27 – NOT, FLOKI, WIF
28.5.2024
It was a quiet start to the week for global markets, most major coins rising in wake of pro-crypto commentary from US Presidential candidate and former President Donald Trump last week.
The post Best Crypto to Buy Now May 27 – NOT, FLOKI, WIF appeared first on Cryptonews
Donald Trump’s Crypto Wallet Holds $10 Million in Assets
27.5.2024
A cryptocurrency wallet linked to former President Donald Trump, a leading Republican presidential candidate, reportedly holds assets worth approximately $10 million.
The post Donald Trump’s Crypto Wallet Holds $10 Million in Assets appeared first on Cryptonews
L1 Blockchain Aptos Sets New Transaction Record, Surpassing Solana with 115.4M Daily Transactions
27.5.2024
Aptos, a layer-1 blockchain platform developed by former Facebook employees, has set a new record in blockchain transactions.
The post L1 Blockchain Aptos Sets New Transaction Record, Surpassing Solana with 115.4M Daily Transactions appeared first on Cryptonews
Former Google China boss doubles down: AI to take 50% of jobs by 2027
26.5.2024
Kai-Fu Lee predicted the modern AI zeitgeist back when OpenAI was a non-profit building chatbots
Trump Vows to Pardon Silk Road Creator Ross Ulbricht if Re-Elected
26.5.2024
Former President Donald Trump has made a promise to grant a presidential pardon to Ross Ulbricht, the founder of Silk Road, if he is re-elected in November's election.
The post Trump Vows to Pardon Silk Road Creator Ross Ulbricht if Re-Elected appeared first on Cryptonews
FTX Group Paid $25 Million In Settlement To Whistleblowers Before Collapse
24.5.2024
Sam Bankman-Fried’s FTX Group paid over $25 million in hush money to seven whistleblowers before the doomed crypto exchange collapse in November 2022, an independent examination released Thursday has found. The report's release comes just days before former FTX executive Ryan Salame is set to...
Former Bank CEO Pleads Guilty to Embezzling $47M to Buy Crypto, Leading to Bank Collapse
24.5.2024
Former Heartland Tri-State Bank CEO Shan Hanes pleaded guilty on Thursday to embezzling $47.1 million for personal cryptocurrency purchases, leading to the bank’s collapse. From May to July 2023, Hanes executed at least 10 wire transfers from the Elkhart-based bank to cryptocurrency accounts....
Former Bitmex CEO Arthur Hayes: A Weak Yen Solution Might Propel Bitcoin to $1 Million
23.5.2024
Arthur Hayes, former CEO of Bitmex and current CIO of Maelstrom, has predicted the geopolitical and economic dynamics that will be taken to equilibrate the exchange rate between the U.S. dollar and the Japanese yen might propel bitcoin prices to $1 million. Hayes states that eventually, the U.S....
Prosecutors Push 5-7 Year Sentence For FTX Exec Ryan Salame
23.5.2024
U.S. prosecutors are pushing for a 5 - 7 year sentence for former FTX executive Ryan Salame on charges stemming from his time at Sam Bankman-Fried’s doomed crypto exchange, a new court filing reveals. Salame is the first executive of the exchange outside of Sam Bankman-Fried to be formally...
Prosecutors Recommend 5-7 Year Sentence for Former FTX Executive Ryan Salame
22.5.2024
Prosecutors have proposed a prison term of five to seven years for Ryan Salame, a former executive at FTX, ahead of his sentencing scheduled for May 28, 2024. This recommendation contrasts sharply with Salame’s legal team’s plea for a more lenient punishment of no more than 18 months. Clash Over...
US Prosecutors Seek 5-7 Years for Former FTX Executive Ryan Salame
22.5.2024
Prosecutors argue that former FTX executive Ryan Salame's crimes warrant a substantial prison term, beyond the 18 months previously requested by his lawyers, with sentencing scheduled for May 28.
The post US Prosecutors Seek 5-7 Years for Former FTX Executive Ryan Salame appeared first on Cryptonews
Former Treasury Official Graham Steele Gets Pushback On FIT21 Take After DIFA Petition Criticism
21.5.2024
Former U.S. Treasury Graham Steele is receiving backlash after he took to X Monday morning to scrutinize a petition created by Digital Innovation For America (DIFA) for the Financial Innovation and Technology for the 21st Century Act (FIT21). The bill is set for a full House vote taking place...
Coinbase Taps Ex-Rep. Kendrick Meek for Advisory Council as House Gears Up for Crypto Legislation Vote
21.5.2024
Former Congressman Kendrick Meek is hopping on board Coinbase’s global advisory council just before the House vote on the Financial Innovation and Technology for the 21st Century Act (FIT21).
The post Coinbase Taps Ex-Rep. Kendrick Meek for Advisory Council as House Gears Up for Crypto Legislation...
Grayscale CEO Michael Sonnenshein Steps Down, Goldman Sachs Exec to Lead Firm
20.5.2024
Grayscale CEO Michael Sonnenshein is stepping down from having joined the team in 2014 and serving as CEO since 2021, Sonnenshein will be replaced by former Goldman Sachs executive Peter Mintzberg.
The post Grayscale CEO Michael Sonnenshein Steps Down, Goldman Sachs Exec to Lead Firm appeared first...
Donald Trump Viewed as ‘America’s First Crypto President’ by Former CFTC Chairman
20.5.2024
Former Commodity Futures Trading Commission (CFTC) Chairman Chris Giancarlo has emphasized former U.S. President Donald Trump’s critical role in the cryptocurrency industry, dubbing him “America’s first crypto president” due to the approval of bitcoin futures during...
OpenAI leadership responds to former employee safety allegations
19.5.2024
The company’s head of alignment, Jan Leike, resigned on May 17, stating they’d reached a “breaking point” with management
Former Alameda Research CEO Sam Trabucco Defends FTX Exec Ryan Salame Ahead Of Sentencing
17.5.2024
Sam Trabucco, the once co-CEO of Alameda Research, has spoken out in support of FTX executive, Ryan Salame, ahead of his sentencing on May 28, an updated court filing reveals. Salame has largely kept out of the spotlight since FTX's collapse and is facing a maximum of 10 years in prison for...