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Tech News
Sam Bankman-Fried Urges Lenient Sentence, Citing FTX Fund Recovery
Sam Bankman-Fried’s lawyer urged a judge on Tuesday to impose a lenient sentence for the FTX founder’s conviction for stealing…
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Tech News
Crypto Firms in US Spent Nearly $19 Million on Lobbying in First 3 Quarters of 2023, on Track for Record Year
The cryptocurrency industry was on track to hit a new record for federal lobbying spending, after a year in which…
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Tech News
More Crypto Safeguards Needed to Prevent FTX Fallout Situation, Says Financial Stability Board
More measures may be needed to stop blow-ups at complex crypto firms like FTX from destabilising the wider financial system,…
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Tech News
FTX Founder Sam Bankman-Fried Convicted of Multi-Billion Dollar Fraud
FTX founder Sam Bankman-Fried was found guilty on Thursday of stealing from customers of his now-bankrupt cryptocurrency exchange in one…
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Tech News
FTX founder Sam Bankman-Fried is guilty of fraud
Let’s be honest: The facts are bad for Sam Bankman-Fried. The prosecution, in the closing statement delivered by Nicolas Roos…
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Tech News
BlockFi to Shut Operations, Return Crypto Assets to Customers
BlockFi emerged from bankruptcy on Tuesday, saying it will wind down operations and begin returning crypto assets to customers 11 months after it was swept away by the…
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Tech News
FTX Exchange Gets Court Approval to Sell Crypto Assets, Move Will Allow Repayment to Customers
Bankrupt crypto exchange FTX received US court permission on Wednesday to liquidate cryptocurrency assets, a move the company said would…
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Tech News
PayPal to Stop Sale of Cryptocurrencies in the UK Until 2024: Details
Payments giant PayPal will stop allowing UK customers to buy cryptocurrencies through its platform from October as it works to…
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Tech News
FTX Founder Sam Bankman-Fried Denies Witness Tampering, Seeks to Avoid Jailtime
Sam Bankman-Fried, the indicted founder of the bankrupt FTX cryptocurrency exchange, on Tuesday, said he never sought to intimidate witnesses…
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Tech News
OpenAI CEO Sam Altman’s Worldcoin Crypto Under European Regulators Scrutiny
Less than a week after its launch, the Worldcoin crypto project of OpenAI chief executive Sam Altman is already under…
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Tech News
FTX’s Sam Bankman-Fried Denies Allegations of Witness Tampering, Accepts Gag Order
Lawyers for FTX founder Sam Bankman-Fried rejected prosecutors’ claims that his discussions with a New York Times reporter amounted to…
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Tech News
US SEC Said to Have Raised Concerns About Bitcoin ETF to Asset Managers
The US Securities and Exchange Commission (SEC) has said recent applications by asset managers to launch spot bitcoin exchange-traded funds…
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