FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense

According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave “at least $10 million” from the now-defunct quantitative trading firm Alameda Research to his […]

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New FTX CEO Told Members of Congress SBF’s Family ‘Certainly Received Payments’ From the Business

New FTX CEO Told Members of Congress SBF's Family 'Certainly Received Payments' From the BusinessAccording to multiple reports, FTX co-founder Sam Bankman-Fried’s parents face scrutiny over their reported involvement with their son’s business operations. The two Stanford professors Joseph Bankman and Barbara Fried have not been charged with any wrongdoing, but the current FTX CEO, John J. Ray III, recently told members of the U.S. Congress that Joseph Bankman […]

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Fed’s Outgoing Vice Chair Richard Clarida’s ‘Rebalancing’ Trades Ignite Fed Trading Ethics Scandal

Fed's Outgoing Vice-Chair Richard Clarida’s 'Rebalancing' Trades Ignite Fed Trading Ethics ScandalMembers of the U.S. Federal Reserve are getting criticized this week after the central bank published its minutes report from the policy meeting on December 14-15. Following the update, the outgoing vice chair of the Federal Reserve’s trading activities has reignited ethics conversations. Richard Clarida’s Trades Under Scrutiny The U.S. central bank can shake up […]

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AOC Says She Doesn’t Hold Bitcoin so the Lawmaker ‘Can Do Her Job Ethically’

AOC Says She Doesn't Hold Bitcoin so the Lawmaker 'Can Do Her Job Ethically'Alexandria Ocasio-Cortez, otherwise known as AOC, is a New York representative well known for her political stances and statements. The Democrat believes that it is “absolutely wild” that U.S. representatives can buy and swap popular stocks. AOC also thinks it’s not ethical for members of Congress to own cryptocurrencies. AOC Doesn’t Hold Crypto Because She […]

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South African University to Commence Blockchain and Digital Currency Education in November

A South African university, the University of Cape Town (UCT) has revealed it will commence blockchain and digital currency classes starting in November. According to the institution, students that enroll and complete the $693 six-week course will be issued a legal certificate. Better Understanding of Blockchain As explained on UCT’s website, students that successfully complete […]

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After Fed Members Disclose Million-Dollar Stock Trades Fed’s Powell Initiates Ethics Inquiry

The Federal Reserve chairman Jerome Powell has directed his staff to start an ethics inquiry into the financial activities of Fed members, as a number of senior central bank officials are being questioned for their investments. Reports indicated last week that the president of the Dallas Federal Reserve branch, Robert Kaplan, benefitted from “multiple million-dollar-plus […]

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Can AI Be Ethical?

Technology in today’s world and economy is taking over a lot of monotonous jobs and, pretty soon, driving will become one of them, and when it does it will be a huge part of the economy. By 2050, driverless cars and mobility as a service is expected to grow to an astounding $7 trillion industry worldwide. From 2035 to 2045 it is anticipated that consumers will regain up to 250 million hours of free time that otherwise would be spent on driving. $234 billion in public costs will be saved by reducing accidents and damage to property from human error,

The post Can AI Be Ethical? appeared first on The Merkle Hash.

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Taiwanese Candidate Accepts Crypto Donations, California Bans Them

Taiwanese Candidate Accepts Crypto Donations, California Bans ThemUsing cryptocurrency for political donations has been a hot topic in many societies. Two recent developments demonstrate different views on the matter. A Taiwanese politician who has accepted bitcoin from his supporters believes crypto donations can help keep his country’s political system clean and transparent. At the same time, the California campaign watchdog says cryptocurrency […]

The post Taiwanese Candidate Accepts Crypto Donations, California Bans Them appeared first on Bitcoin News.

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US Bitcoin Futures Regulator Allows Employees to Trade Crypto

US Bitcoin Futures Regulator Allows Employees to Trade CryptoWhile private businesses all over the world struggle with employees so much as possessing cryptocurrency, the US Commodity Futures Trading Commission (CFTC) has reportedly given the full go-ahead to its employees trading crypto.    Also read: How To Regain Control From Nanny Zuck CFTC Allows Employees to Trade Cryptocurrency Robert Schmidt reports that bitcoin futures regulator CFTC […]

The post US Bitcoin Futures Regulator Allows Employees to Trade Crypto appeared first on Bitcoin News.

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U.S. Lawmaker Wants Ethics Committee to Form Bitcoin Disclosure Guidelines

U.S. Lawmaker Wants Ethics Committee to Form Bitcoin Disclosure GuidelinesThis week Colorado House Representative Jared Polis sent a letter to the U.S. House Committee on Ethics asking the organization to propose statutes that require government employees to declare their bitcoin and digital currency holdings. Also Read: India’s Tax Department Issues Notices to 100,000 Crypto Investors House Representative Jared Polis: ‘Government Employees Should Report Any Virtual […]

The post U.S. Lawmaker Wants Ethics Committee to Form Bitcoin Disclosure Guidelines appeared first on Bitcoin News.

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