An Australian computer scientist who falsely claimed to be the founder of the bitcoin cryptocurrency was found Thursday to be in contempt of an order of London’s High Court and was sentenced to 12 months in prison, suspended for two years.
The Republican National Committee (RNC) panel on Monday approved a draft of the 2024 party platform, which backs Bitcoin and promises to end Democrats’ “un-American crackdown.”
Former President Donald Trump gave his personal support to cryptocurrency at a special event for Trump non-fungible token (NFT) holders Wednesday who were gathered at his Mar-a-Lago resort in Florida.
The U.S. Securities and Exchange Commission (SEC) has reportedly approved the first spot bitcoin exchange-traded funds (ETFs), signifying significant progress in the integration of cryptocurrency into mainstream financial markets.
During a Senate Banking Committee hearing, JPMorgan Chase CEO Jamie Dimon expressed strong opposition to cryptocurrencies, suggesting that the government should ban them.
Disgraced former FTX CEO Sam Bankman-Fried, once seen as the “next Warren Buffett,” is now trading mackerel in jail for a jailhouse haircut.
Several friends of Sam Bankman-Fried’s parents said that they have yet to see them express any regrets about their actions after Bankman-Fried was convicted and as they face an upcoming trial for “fraudulently” transferring and misappropriating millions of dollars from FTX.
ApeFest, a festive gathering for “Bored Ape Yacht Club” NFT enthusiasts in Hong Kong took an alarming turn as several attendees reported distressing eye injuries and skin damage, reportedly caused by UV lights used on the event’s stage.
The testimony against disgraced former FTX CEO Sam Bankman-Fried and his own squirrely testimony may have led to his conviction.
Disgraced former FTX CEO Sam Bankman-Fried appeared to suffer from memory loss, dodged questions, and gave vague answers when answering the prosecutions’ questions.
Jimmy Zhong, initially a victim of a cryptocurrency theft, has emerged as the criminal mastermind behind one of the most colossal bitcoin thefts in history, ending the mystery of a $3 billion theft from the dark web’s infamous marketplace, Silk Road.
Disgraced former FTX CEO Sam Bankman-Fried testified on Thursday that he was “not sure” whose decision it was to use FTX customer funds for investments on the hedge fund Alameda Research.
An FBI investigation has uncovered a shadowy “cash-for-Bitcoin” scheme in New York City, where a group has been accused of laundering at least $30 million through a covert service aimed at helping crooks wash cryptocurrency they steal.
Judge Lewis Kaplan, the judge presiding over the court case against disgraced former FTX CEO Sam Bankman-Fried, on Wednesday snapped at lawyers on both sides for bringing in witnesses that have little to say.
Disgraced former FTX CEO Sam Bankman-Fried’s lawyers claimed on Tuesday that the digital currency exchange’s investments were not “reckless” as FTX employees expressed concerns about buying a $30 million penthouse in the Bahamas.
Nishad Singh, a Sam Bankman-Fried colleague, testified on Monday that the disgraced former FTX CEO had FTX employees make political donations in his name despite the company’s massive shortfall.
Disgraced former FTX CEO Sam Bankman-Fried’s lawyers on Sunday asked the judge for more Adderall, claiming that he would not be to meaningfully participate in the defense without the drug.
As disgraced FTX CEO Sam Bankman-Fried contends with legal battles in the courtroom, a hacker (or FTX insider) has reportedly seized the opportunity, attempting to launder over $470 million in cryptocurrency stolen from the exchange at the same time.
Disgraced former FTX CEO Sam Bankman-Fried believed that rival digital currency exchange Binance leaked an FTX balance sheet to the media to hurt FTX, according to documents presented in court.
Alameda Research, the sister company of FTX, bribed a Chinese government official and even used the identities of Thai prostitutes to unlock $1 billion of frozen funds on other digital currency exchanges, according to the testimony of Caroline Ellison, the ex-girlfriend of disgraced FTX CEO Sam Bankman-Fried.
Caroline Ellison, the former CEO of hedge fund Alameda Research, testified on Tuesday that she committed fraud at the behest of former FTX CEO Sam Bankman-Fried, saying it looked like they funneled money to FTX executives.
More than 800 Canadian citizens have had their bank accounts shut down since 2018, including hundreds who participated in the pivotal trucker protests against coronavirus policies in 2022, known as the Freedom Convoy.
The judge presiding over the criminal trial of disgraced former FTX CEO Sam Bankman-Fried has lost patience with Bankman-Fried’s lawyers only three days into the trial.
Employees at FTX, once a titan in the cryptocurrency exchange realm before its stunning collapse, uncovered a secretive backdoor used by Sam Bankman-Fried’s Alameda Research to siphon billions of dollars, laying bare a complex web of alleged fraud and mismanagement that precipitated the platform’s dramatic collapse.
Gary Wang, one of the cofounders of the digital currency exchange FTX, said on Thursday that he committed various forms of fraud during the court case against disgraced former FTX CEO Sam Bankman-Fried.
Disgraced former FTX CEO Sam Bankman-Fried’s defense counsel argued on Wednesday that the defendant is nothing more than a “math nerd who didn’t drink or party” and “didn’t steal from anyone.”
The trial of disgraced former FTX CEO and Democrat mega donor Sam Bankman-Fried began on Tuesday as the public sees the tech guru once seen as the “next Warren Buffett” transform into an indicted defendant who told his former girlfriend, “In a lot of ways I don’t really have a soul.”
Members of the House Financial Services Committee from both parties, including GOP whip Rep. Tom Emmer (R-MN) have written to the SEC urging the agency to stop blocking the approval of various cryptocurrency ETFs.
A comprehensive study has unveiled that the vast majority of Non-Fungible Tokens (NFTs), once the darlings of the digital asset world, have plummeted to zero value, leaving nearly 23 million people holding onto worthless digital collectibles. According to market data, 95 percent of all NFT collections now have a total market value of zero.
FTX, the bankrupt cryptocurrency exchange, has filed a lawsuit against Allan Joseph Bankman and Barbara Fried, the parents of disgraced former CEO Sam Bankman-Fried, alleging the misappropriation of millions of dollars.
Faruk Fatih Ozer, the mastermind behind collapsed Turkish cryptocurrency exchange Thodex, has been handed a staggering 11,196-year prison sentence for a series of crimes including fraud, money laundering, and leading a criminal organization. Ozer’s crypto exchange resulted in losses as high as $2.6 billion for investors.
A recent study by Indiana University researchers reveals a surge in AI-generated spam bots on social media platforms, particularly exploiting OpenAI’s ChatGPT to promote scams and degrade online information quality.
Investors who purchased Bored Ape Yacht Club NFTs at highly inflated prices during the 2021 NFT craze have filed a lawsuit against the Sotheby’s auction house and other defendants, alleging deceptive practices. The Bored Ape co0llection, like most NFTs, have cratered in values in the years since the craze.
Prosecutors charged on Monday disgraced former FTX CEO Sam Bankman-Fried with using $100 million in stolen customer funds to donate to mostly Democrats during the 2022 midterm elections.
Sam Bankman-Fried, disgraced founder of the FTX cryptocurrency exchange and a Democrat super donor, has had his bail revoked by a judge ahead of his trial on fraud charges, over concerns that the crypto baron has engaged in witness tampering.
The U.S. Securities and Exchange Commission has accepted six spot bitcoin exchange-traded funds (ETF) applications for review. The agency has taken an aggressive stance against cryptocurrencies under President Joe Biden.
Binance, the giant cryptocurrency exchange, is laying off more than 1,000 employees amid a federal crackdown in the United States.
Tesla CEO Elon Musk finds himself at the center of a legal dispute with a group of Dogecoin investors claiming he manipulated the cryptocurrency. Now, the plaintiffs allege that Musk is financing an “unlawful harassment campaign” against them.
Alex Mashinsky, the founder of Celsius Network, was arrested this week on federal securities fraud charges. The crypto lending platform also agreed to pay a $4.7 billion settlement to regulators over its past mistreatment of investors.
Dan Friedberg, the former Chief Regulatory Officer of bankrupt cryptocurrency platform FTX, has reportedly been implicated in a lawsuit by the company that accuses him of aiding in the theft of billions of dollars from the platform’s customers by disgraced CEO and Democrat super donor Sam Bankman-Fried.
