End the Tetheral Reserve?
If Tether collapses, majority of global liquidity will go with it, and so will a sizable chunk of value held in equity around the blockchain economy.
If Tether collapses, majority of global liquidity will go with it, and so will a sizable chunk of value held in equity around the blockchain economy.
Sam Bankman-Fried has been sentenced to 25 years in prison for the criminal fraud that led to the downfall of his FTX exchange and the theft of billions of dollars from his former customers.
Both Sam Bankman-Fried and Martin Mizrahi committed crimes they should have realized would eventually be exposed while insisting on their innocence to the end.
After being flagged for unauthorized securities offerings, Binance faces new hurdles as the Philippine SEC works with tech giants Google and Meta to block its marketing material on local devices.
While Celsius emerges from bankruptcy, FTX seems close to solving the $400 million hack in its platform after the arrest of three suspects allegedly tied to the case.
FTX's Sam Bankman-Fried won't face a second trial for bribing Chinese officials, while Binance's Changpeng Zhao's bid to return to Dubai has been rejected for the second time.
Disgraced former FTX CEO Sam Bankman-Fried will remain in jail until his sentencing, set in March 2024, following the court's rejection of his release due to his arguments being "unpersuasive."
In the latest episode of CoinGeek Conversations, SLictionary founder Jack Pitts, Elas Digital founder Brendan Lee and CoinGeek's Charles Miller delve into Zeke Faux's new book, “Number Go Up.”
U.S. regulators made their stance about 'crypto' clear, with the SEC taking 784 enforcement actions against 'crypto' firms and individuals in 2023, while the CFTC filed 96 digital asset cases.
Crypto's former wonder boy Sam Bankman-Fried could see himself landing in jail for 115 years after being found guilty of seven counts of fraud and conspiracy, with his sentencing set in March 2024.
Under the U.S. bipartisan bill PROOF Act, the results of monthly PoR inspections would be submitted to the Department of the Treasury, which would then be required to post the information publicly.
SBF's attempt to portray himself as the smartest man in the courtroom seemingly led to failure, with his legal team getting frustrated as he went off the script during Thursday's testimony.