Sam Bankman-Fried’s High-Profile Crypto Trial Begins: Meet The 12 People Deciding His Fate
The trial of Sam Bankman-Fried, founder of defunct cryptocurrency exchange FTX is underway, and a jury of 12 will be deciding his fate. Wednesday’s court proceedings primarily revolved around opening statements, and the first two witnesses’ testimonies, according to TechCrunch….
Basel Committee’s Crypto Crackdown: Banks Should Disclose Digital Asset Holdings
The Basel Committee on Banking Supervision, in an effort to increase transparency and oversight in the banking sector, wants banks to disclose their crypto asset holdings. What Happened: The committee made the decision during the recent meeting, which took place…
Thursday opens with green candles and a surge from Avalanche (AVAX)
Published by City AM By Darren Parkin The entire crypto market cap is up by 0.5%, as Bitcoin continues to take a robust hold above $27k, trading for $27,670 this morning. Analysts say it could mark a new support level…
Former BlackRock Insider Foresees Bitcoin ETF Green Light By SEC Within Months
Steven Schoenfield, former managing director at BlackRock (NYSE: BLK) and current CEO of MarketVector Indexes, anticipates the Securities and Exchange Commission (SEC) will greenlight a Bitcoin (CRYPTO: BTC) spot ETF within “three to six months.” This prediction was shared during…
Sam Bankman-Fried’s Downfall Doesn’t Deter Bitcoin: Crypto Rallies 60% Since His 2022 Arrest
Despite the collapse of FTX and the downfall of its co-founder Sam Bankman-Fried, investor confidence in the apex cryptocurrency stands strong as the price of Bitcoin (CRYPTO: BTC) has rallied over 60% since his arrest. What Happened: Once a major…
Sam Bankman-Fried’s Crypto Trial Advances With Juror Dismissals
The trial of Sam Bankman-Fried, the controversial co-founder of the now-defunct crypto exchange FTX (CRYPTO: FTT), is underway with the initial phase of juror selection and assessment. This process, overseen by U.S. District Judge Lewis Kaplan, continued into its second…
Bitstamp CEO At Benzinga’s Fintech Deal Day & Awards: ‘Bitstamp Is The Longest Running Cryptocurrency Exchange’
With Benzinga’s Fintech Deal Day just around the corner, scheduled for Nov. 13 in NYC, we reflect on an insightful interview from last year’s event with a leading figure in the crypto industry. “Bitstamp is the longest running cryptocurrency exchange,”…
Introducing Dumb Money: The Game-Changing Crypto Project on the Ethereum Chain
CALIFORNIA CITY, CA, Oct. 03, 2023 (GLOBE NEWSWIRE) — In a world where traditional finance has left many feeling like mere spectators, a group of passionate individuals decided it was time to take matters into their own hands. Inspired by…
Sam Bankman-Fried’s High-Profile Trial Intensifies Washington’s Struggle For Clear Crypto Regulation
The trial against former crypto billionaire Sam Bankman-Fried officially started on Tuesday. The 31-year-old founder of collapsed crypto exchange FTX is being accused of a slew of charges related to an alleged multi-billion dollar cryptocurrency fraud. As jury selection begins,…
Investigation: Baltic-registered crypto firms service payments for Russian private army, allow sanctions evasion
Known for its innovative e-governing system and booming IT industry, Estonia made a supposedly groundbreaking move in 2017. By launching a licensing system for cryptocurrency companies, the Baltic country wanted to become the first in the European Union to regulate…