Bitcoin

Sam Bankman-Fried blames major lieutenants for FTX problems in second working day of testimony in legal trial
Technology

Sam Bankman-Fried blames major lieutenants for FTX problems in second working day of testimony in legal trial

FTX founder Sam Bankman-Fried leaves US Federal Court in New York Town on March 30, 2023. Kyle Mazza | Anadolu Company | Getty Illustrations or photos FTX founder Sam Bankman-Fried resumed his testimony on Monday, and used his time on the stand to blame his former near friends and colleagues for the downfall of his […]

Read More
Why Sam Bankman-Fried wanted to invest  million a calendar year to place FTX identify on sports stadium
World

Why Sam Bankman-Fried wanted to invest $10 million a calendar year to place FTX identify on sports stadium

Previous FTX Main Government Sam Bankman-Fried, who faces fraud expenses around the collapse of the bankrupt cryptocurrency trade, walks outdoors the Manhattan federal court in New York Metropolis, U.S. March 30, 2023.  Amanda Perobelli | Reuters FTX founder Sam Bankman-Fried informed jurors in his legal trial on Friday that he didn’t dedicate fraud, and that […]

Read More
Sam Bankman-Fried’s defense group fails to land a blow as he requires the stand
Technology

Sam Bankman-Fried’s defense group fails to land a blow as he requires the stand

Courtroom sketch demonstrating Sam Bankman Fried questioned by his legal professional Mark Cohen. Judge Lewis Kaplan on the bench Artist: Elizabeth Williams Sam Bankman-Fried took the stand in a New York courtroom on Thursday, as he and his protection staff auditioned their most effective legal materials for U.S. District Decide Lewis Kaplan. The former crypto […]

Read More
Bitcoin mining shares are rallying, but some are poised for a slide if the cryptocurrency hits this critical degree
World

Bitcoin mining shares are rallying, but some are poised for a slide if the cryptocurrency hits this critical degree

Now that bitcoin has pushed above its essential resistance degree of the calendar year, the stress is on for mining stocks, some of which could be in trouble if the cryptocurrency doesn’t reach $50,000 by the 2nd quarter of 2024. Previously this 7 days bitcoin climbed as large as $35,000 at one point, right after […]

Read More
Sam Bankman-Fried’s attorneys reveal his prepared testimony in FTX fraud demo
Technology

Sam Bankman-Fried’s attorneys reveal his prepared testimony in FTX fraud demo

Lawyers for Sam Bankman-Fried late Wednesday disclosed facts of his prepared testimony if he usually takes the witness stand at his FTX fraud trial. Bankman-Fried’s lawful team explained to Judge Lewis Kaplan in a six-page letter that he would handle three critical locations in these types of testimony, like suggesting that he relied on FTX’s […]

Read More
Bitcoin trades previously mentioned ,000 to start off the 7 days as hopes develop over ETF
Technology

Bitcoin trades previously mentioned $30,000 to start off the 7 days as hopes develop over ETF

Artur Widak | NurPhoto | Getty Pictures The price tag of bitcoin rose to start the 7 days, extending gains from the earlier 7 days helped by optimism about a bitcoin ETF and a flight to basic safety.  Bitcoin was trading about 2.7% larger at $30,716.24, in accordance to Coin Metrics, and is coming off […]

Read More
The ‘No. 1 question’ Ark Invest’s Cathie Wood receives on her web page
World

The ‘No. 1 question’ Ark Invest’s Cathie Wood receives on her web page

The most well-liked query on Ark Invest’s website has nothing at all to do with investing in the U.S., in accordance to the firm’s CEO and Main Expenditure Officer Cathie Wooden. “The No. 1 question on our web-site as we observe these thoughts is: Why cannot we buy your techniques in Europe?” the tech investor […]

Read More
Coinbase is ‘confident’ a U.S. bitcoin ETF will be authorised immediately after SEC’s courtroom defeat
World

Coinbase is ‘confident’ a U.S. bitcoin ETF will be authorised immediately after SEC’s courtroom defeat

Coinbase is self-assured that a U.S. bitcoin exchange-traded fund will be accepted by the U.S. Securities and Exchange Fee, the company’s chief lawful officer, Paul Grewal, instructed CNBC. “I am very hopeful that these [ETF] applications will be granted, if only mainly because they need to be granted underneath the legislation,” Grewal said in an […]

Read More
Read the secret Signal messages that could help put Sam Bankman-Fried behind bars
World

Read the secret Signal messages that could help put Sam Bankman-Fried behind bars

Sam Bankman-Fried appears at federal court in New York on Oct. 4, 2023, in this courtroom sketch. Artist: Claudia Johnson Much of the government’s case against Sam Bankman-Fried hinges on the testimony and text messages from those in his crypto inner circle who turned against him late last year after the implosion of FTX and […]

Read More
The secret life of Jimmy Zhong, who stole – and lost – more than  billion
World

The secret life of Jimmy Zhong, who stole – and lost – more than $3 billion

Athens, Georgia, is home to the University of Georgia, and the police there are used to college town-type crimes: break-ins, bar fights and assorted rowdiness. That kind of thing. But the 911 call that came in on the night of March 13, 2019, was unlike anything the Athens-Clarke County Police Department had ever encountered. On […]

Read More