Bookmarking Crypto Insights
Auto Added by WPeMatico
Numerous community members have confirmed that all their money has been paid out. However, the FTX investors watching from the rest of the world remain hopeful of a similar outcome. Go to Source Powered by WPeMatico
According to the legal team representing Sam Bankman-Fried, prosecutors had no objections to continuing his bail conditions until the firm could choose a suitable technical expert. Go to Source Powered by WPeMatico
The original indictment against the former FTX CEO included eight criminal charges without breaking down separate counts involving his alleged actions at both FTX and Alameda. Go to Source Powered by WPeMatico
Sam Bankman-Fried (SBF), the disgraced co-founder of FTX, faces four more charges after a new indictment was unsealed on Wednesday. The charges include operating an unlicensed money transfer business and conspiring to commit bank fraud. SBF Gets 4 New Charges Tacked Onto His Indictment The former CEO of FTX was originally indicted 72 days ago … Read more
The “work has been done” for stablecoin regulation in the U.S., but many in Washington D.C. are feeling “burned” and “betrayed” over the FTX collapse last year. Go to Source Powered by WPeMatico
The judge overseeing Sam Bankman-Fried’s fraud case wants some help navigating the world of encrypted messaging, privacy apps, and virtual private networks. Go to Source Powered by WPeMatico
The bankrupt crypto lender asked for a court ruling to dismiss Sam Bankman Fried’s appeal for bankruptcy for his offshore investment firm Emergent Fidelity Technologies Ltd. Go to Source Powered by WPeMatico
After the disgraced co-founder of FTX, Sam Bankman-Fried (SBF), donated $5.2 million to Joe Biden’s campaign in 2020 and more than $40 million to Democrats leading up to the U.S. midterm election cycle, three major Democratic organizations plan to return 2.2% of the funds, or $1 million, to the now-defunct crypto exchange. Of the total … Read more
Caitlin Long, CEO of crypto bank Custodia, criticized the U.S. government for its handling of a massive crypto fraud that occurred months before the company’s collapse. She made her remarks in a blog post after disclosing evidence to law enforcement. Long’s post followed Custodia’s unsuccessful application to become a member of the Federal Reserve System, … Read more
Another member of Sam Bankman-Fried’s inner circle allegedly plans to plead guilty to criminal charges for his role in the alleged fraud that occurred at the cryptocurrency exchange FTX. According to unnamed sources familiar with the matter, Nishad Singh, FTX’s former director of engineering, is attempting to negotiate a deal with New York prosecutors. Sources … Read more
