Bitcoin
Binance’s ex-CEO begins prison sentence in California
Former Binance CEO Changpeng Zhao, center, departs federal court in Seattle on April 30, 2024. Jason Redmond | AFP | Getty Images Binance’s billionaire founder Changpeng Zhao has reported to a low-security federal prison in Lompoc, California. CNBC reached out to Zhao’s defense team at Latham & Watkins to confirm that the former crypto chief is […]
Read More
FTX exec who turned on Sam Bankman-Fried sentenced to 7.5 years in prison
Ryan Salame, former co-chief govt officer of FTX Digital Markets Ltd., arrives at federal court in New York, US, on Tuesday, Might 28, 2024. Yuki Iwamura | Bloomberg | Getty Photos Ryan Salame, a previous best lieutenant of FTX founder Sam Bankman-Fried, has been sentenced to 90 months, or 7 and a 50 % many […]
Read More
Uniswap fights again versus SEC as the ethereum crackdown continues
For years, the Securities and Exchange Fee has been cracking down on the crypto sector writ massive, but in the very last several months, the agency appears to have educated its sights on ethereum, in unique. Some of the largest names in decentralized finance are now preventing back again. In a 40-webpage filing on Tuesday, […]
Read More
Grayscale CEO Michael Sonnenshein steps down, Goldman exec to acquire his area
Grayscale Investments introduced that CEO Michael Sonnenshein stepped down on Monday, ending a 10-calendar year operate as the leader of the most significant crypto asset supervisor. He will be succeeded by Peter Mintzberg, Goldman Sachs’ global head of technique for the asset and wealth management division, according to a push launch from Grayscale. Mintzberg, who […]
Read More
New York AG announces $2 billion settlement with crypto loan company Genesis
New York Legal professional Standard Letitia James is settling with crypto lender Genesis for $2 billion to repay defrauded traders. The firm, once a small business at the heart of Digital Currency Team, was between the numerous casualties in the industry contagion set off by the collapse of FTX. The company filed for Chapter 11 […]
Read More
No ‘cop on the beat’: Why the SEC may deny new ether ETFs this month
ETF Edge No ‘cop on the beat’: Why the SEC may deny new ether ETFs this month Published Sat, May 18 202411:00 AM EDT Emily Glass WATCH LIVE Source
Read More
Bitcoin is having its best day since March following cooler April inflation reading
Nicolas Economou | Nurphoto | Getty Images Bitcoin jumped with stocks on Wednesday after the April consumer price index showed inflation eased from the previous month. The price of the cryptocurrency was last higher by more than 5% at $64,910.57, according to Coin Metrics, and on pace for its best day since March 25. At […]
Read More
Why bitcoin hasn’t joined the newest meme stock trend this week
R.Tsubin | Minute | Getty Photos Bitcoin is just not jogging alongside meme stocks as it did 3 many years ago, although this week’s stock sector action may well reveal a major crypto rally is on its way. GameStop and fellow meme stock AMC Amusement are every up much more than 160% in excess of […]
Read More
FTX states most prospects of the bankrupt crypto trade will get all their dollars back
Sam Bankman-Fried, co-founder of FTX Cryptocurrency Derivatives Trade, comes at court docket in New York, US, on Thursday, Feb. 16, 2023. Yuki Iwamura | Bloomberg | Getty Photographs Pretty much all prospects of collapsed cryptocurrency trade FTX will get their dollars back — and additional, in accordance to a courtroom submitting. FTX estimates that it […]
Read More
Trump hush-revenue porn star demo: Here’s what is happened so far
Trump’s historic legal trial enters 7 days 4. Source
Read More