It’s stacking up: SEC to file separate charges against FTX’s SBF
SBF has finally been slapped with criminal charges and will be extradited to the U.S., once there, he will have to face separate charges from the SEC. Go to Source Powered by WPeMatico
Month: December 2022
Crypto Twitter explodes over the news of Sam Bankman-Fried’s arrest
US politicians, crypto execs, and influencers fired up their Twitter apps upon learning of Sam Bankman-Fried’s arrest in The Bahamas. Go to Source Powered by WPeMatico
Is Ripple poised to settle with SEC this week? Crypto Twitter weighs in
U.S. congressional candidate January Walker said a potential settlement would be a loss for the “whole world” and Web3. Go to Source Powered by WPeMatico
Sam Bankman-Fried Wants to Start New Business to Repay FTX Users — ‘I’m Going to Try if I Can’
Former FTX CEO Sam Bankman-Fried (SBF) has revealed that he wants to start another business in the hope of earning money to repay FTX customers. “I would give anything to be able to do that. And I’m going to try if I can,” he said. SBF Wants to Start a New Business Sam Bankman-Fried (SBF), … Read more
Bahamian AG and Prime Minister Announce Sam Bankman-Fried’s Arrest in The Bahamas
Disgraced FTX co-founder Sam Bankman-Fried (SBF) has been arrested in The Bahamas, according to local reports citing the country’s attorney general Ryan Pinder. According to Pinder, SBF’s arrest “followed receipt of formal notification from the United States that it has filed criminal charges against SBF and is likely to request his extradition.” FTX Co-Founder Sam … Read more
While Elon Musk Plans to Purge 1.5 Billion Inactive Twitter Names, Bitcoiners Beg Him to Preserve Hal Finney’s Account
On Dec. 9, 2022, Twitter’s owner Elon Musk told the public that the social media company plans to purge 1.5 billion accounts. Musk further added that the deletions would be obvious accounts that have no tweets or they haven’t logged in for years. However, after Musk announced this plan, a great number of cryptocurrency proponents … Read more
Breaking: FTX founder Sam Bankman-Fried arrested and in custody: Attorney General
A statement from the Attorney General of The Bahamas was made on Dec. 12. Go to Source Powered by WPeMatico
13% of Americans have now held crypto: JPMorgan research
The JPMorgan report is based on a study of cash transfers from banks to crypto accounts for over 5 million customers. Go to Source Powered by WPeMatico
Brazil could cement its status as an economic leader thanks to 2024 CBDC move
Brazil is set to launch a Central Bank Digital Currency (CBDC) in 2024, a move that could contribute to its status as an economic leader in South America. Go to Source Powered by WPeMatico
Fugitive Do Kwon Now Staying in Serbia Report Says — Terraform Labs CEO Suggests SBF Is to Blame for UST Depeg
A new report has claimed that Do Kwon, the fugitive CEO of Terraform Labs, is currently staying in Serbia. The report added that the South Korean government has engaged the Serbian government regarding the matter. Meanwhile, Kwon has accused Sam Bankman-Fried and Alameda Research of orchestrating events that led to the “depeg” of Terra’s once-stable … Read more