Search
Former FTX Associates Enter Crosshairs, Bitcoin Halving Inches Closer, and More — Week in Review
7.4.2024
After the sentencing of Sam Bankman-Fried to nearly 25 years in prison for his role in FTX’s financial mismanagement, attention shifts to his former associates. The cryptocurrency world eyes the upcoming Bitcoin halving, expected between April 18 to April 22, 2024. Blackrock’s Ishares...
Let A Former Overwatch 2 One-Trick Teach You How To Play Moira
5.4.2024
When I first started playing Overwatch, the original 2016 hero shooter that spawned the 2022 free-to-play sequel Overwatch 2, it was right when Moira was first introduced. The morally repugnant scientist joined the game’s support roster in 2017, and for a newcomer like myself, she seemed like...
Terraform Labs and Former CEO Do Kwon Found Liable for Civil Fraud by Jury
5.4.2024
On Friday, Zack Guzmán, founder of Coinage Media, announced that Terraform Labs’ co-founder Do Kwon and his startup were deemed responsible for fraudulent activities in its legal battle against the U.S. Securities and Exchange Commission (SEC). The lawsuit spanned approximately two weeks....
Legal Experts Explain Why Sam Bankman-Fried’s 25-Year Prison Sentence Is Fair
4.4.2024
Former FTX customers are finally able to take a sigh of relief knowing that Sam Bankman-Fried has been sentenced to 25 years in prison. Manhattan Federal Judge Lewis Kaplan issued the 25-year sentence to Bankman-Fried, while prosecutors pegged the FTX saga to be one of the biggest financial frauds...
Former GTA San Andreas Dev Explains Suicidal Photographer And Crashing Planes
3.4.2024
A former developer at Rockstar North, the studio behind the immensely popular Grand Theft Auto franchise, has revealed the reasons why sometimes planes in GTA: San Andreas would just randomly crash near the player. He also provided some insight into why a particular NPC in the game would take...
Sam Bankman-Fried Issues First Statement Since Sentencing: “I Never Thought What I Was Doing Was Illegal,” ABC News Reports
2.4.2024
Former “king of crypto” Sam Bankman-Fried is speaking out following his sentencing last week - telling ABC News that he "never thought" his actions were against the law. The FTX founder is currently serving a 25 year prison sentence and must pay an $11 billion fine for his role in the now doomed...
Former Terraform Employee Admits Writing False Posts From Kwon Made Him ‘Angry’
2.4.2024
Brian Curran, former head of communications at Terraform, told a Manhattan federal jury on Monday that spearheading public relations for the company made him “angry.”
The post Former Terraform Employee Admits Writing False Posts From Kwon Made Him ‘Angry’ appeared first on Cryptonews
After Sam Bankman-Fried’s Sentencing, Spotlight Turns to Former FTX Associates
2.4.2024
After Sam Bankman-Fried was sentenced to nearly a quarter-century behind bars for his involvement in financial wrongdoings, Caroline Ellison, Gary Wang, Ryan Salame, and Nishad Singh are up next to face consequences for their roles in the FTX debacle. The Uncertain Road Ahead for FTX’s...
Former FTX Executives and Promoters To Pay $1.35 Million in Lawsuit Settlement Deal
29.3.2024
Former executives and promoters of crypto exchange FTX have agreed to settle a class action following founder Sam Bankman-Fried's sentencing Thursday, court documents filed yesterday show. Former head of engineering for FTX, Nishad Singh, Alameda Research CEO, Caroline Ellison, chief technological...
Former FTX Boss Sam Bankman-Fried Sentenced to 25 Years in Prison
28.3.2024
On Thursday, March 28, 2024, the former head of FTX, Sam Bankman-Fried, received his sentence during a federal court proceeding in Manhattan. U.S. Marshals escorted Bankman-Fried into the courtroom at precisely 9:39 a.m. Eastern Time, as reported by Matthew Russell Lee of Inner City Press. Judge...
Munchables Retrieves All Funds from Exploiter, Refund in Progress
27.3.2024
Former Munchables developer opts to return the exploited funds without ransom as the web3 gaming platform recovers $97 million user funds and prepares for compensatory refund.
The post Munchables Retrieves All Funds from Exploiter, Refund in Progress appeared first on Cryptonews
CommEX, Owner of Binance's Former Russian Ops, to Close Down
25.3.2024
Crypto exchange Binance sold the entirety of its Russian business to CommEX in September last year following compliance concerns
How Many Years Will Sam Bankman-Fried Get In Prison, Really?
22.3.2024
Set to be sentenced next week, disgraced FTX founder Sam Bankman-Fried is facing charges that carry a total maximum penalty of over 100 years in prison. Former U.S. Assistant Attorney and white-collar crime expert Kevin J. O'Brien weighs in on the FTX estate and Bankman-Fried's prison time.
The...
SBF’s Legal Team Responds to Proposed 50-Year Sentence, Says It “Is Not Justice”
20.3.2024
Lawyers representing former FTX CEO Sam Bankman-Fried have criticized the government's proposal for a maximum sentence of 50 years in prison, saying it is "not justice."
The post SBF’s Legal Team Responds to Proposed 50-Year Sentence, Says It “Is Not Justice” appeared first...
Binance Ex-CEO CZ Launches New Educational Platform ‘Giggle Academy’
19.3.2024
The face and former CEO of the world’s largest crypto exchange Binance – Changpeng Zhao, aka CZ – has launched his new venture dubbed ‘Giggle Academy.’
The post Binance Ex-CEO CZ Launches New Educational Platform ‘Giggle Academy’ appeared first on Cryptonews
Standard Chartered Predicts Up To $45 Billion Inflows To Ethereum ETFs Within 1 Year
18.3.2024
British multinational bank Standard Chartered expects Ethereum (ETH) to outperform Bitcoin (BTC) after spot ETFs for the former are approved by regulators in May of this year.
The post Standard Chartered Predicts Up To $45 Billion Inflows To Ethereum ETFs Within 1 Year appeared first on Cryptonews
Group Urges US President Joe Biden to Secure Release of ‘Kidnapped’ Former Federal Agent
18.3.2024
The Chamber of Digital Commerce, a blockchain and crypto advocacy group, has urged U.S. President Joe Biden to assist in securing the release of a Binance executive “kidnapped” by the Nigerian government. The group warned that the Nigerian government’s arbitrary detention of Tigran...
SEC Orders First Trust and SkyBridge to Declare ETF Application as Abandoned
13.3.2024
The SEC has instructed First Trust Advisors and SkyBridge Capital, the hedge fund led by former White House Communications Director Anthony Scaramucci, to mark their Bitcoin ETF application as abandoned.
The post SEC Orders First Trust and SkyBridge to Declare ETF Application as Abandoned appeared...
Binance’s Former CEO Changpeng Zhao Ordered to Surrender Passport in Updated Bail Terms
13.3.2024
Ex-Binance CEO Changpeng Zhao was instructed to give up his Canadian passport as part of a revised bail agreement, court documents filed Monday showed.
The post Binance’s Former CEO Changpeng Zhao Ordered to Surrender Passport in Updated Bail Terms appeared first on Cryptonews
Former BlockFi CEO Announces New Career Path – And Settles Lost Bet On His Company’s Bankruptcy
11.3.2024
Zac Prince, the former BlockFi CEO, is breaking into real estate tech now that his defunct crypto lending firm is on a safe path to recovery.
The post Former BlockFi CEO Announces New Career Path – And Settles Lost Bet On His Company’s Bankruptcy appeared first on Cryptonews