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Gateway - Quartz
Quartz· 4 days agoSam Bankman-Fried, the disgraced former CEO of collapsed crypto exchange FTX, is arguing for a shorter prison sentence as he faces up to 110 years in prison ...
Gateway - Quartz
Quartz· 3 days agoThe sentence, handed down by a federal judge in New York, capped an incredible fall from grace for a young financier who was once the poster boy for the emerging crypto industry before he joined ...
FTX debtors seeking SBF's seized assets, customers file counterclaim
CryptoSlate· 3 days agoMultiple parties are seeking control of the assets seized from former FTX CEO SBF and the exchange's...
New York recovers $50 million for defrauded Gemini Earn crypto investors
AOL· 7 days agoNEW YORK (Reuters) -New York Attorney General Letitia James has recovered $50 million from the cryptocurrency platform Gemini Trust to repay investors defrauded in its Gemini Earn program, she ...
The Best in Philanthropy, From Social-Justice Initiatives to Funding Space Research
Robb Report via Yahoo News· 7 days agoThe Big Idea: Giving’s Rocky Year The downfall of fintech mogul Sam Bankman-Fried not only upended...
‘Aggrieved’ FTX Customers Seek $8 Billion in Forfeited Assets
PYMNTS.com· 3 days agoA group of FTX customers say $8 billion of the company’s forfeited assets are rightfully theirs. As Coindesk reported Tuesday (June 17), these customers are seeking a ruling that those forfeited ...
Mass Adoption Would Ruin Crypto. Keep It a Niche
CoinDesk via Yahoo Finance· 7 days agoCrypto would be better off remaining a niche. The greatest crisis in crypto so far has been, undoubtedly, the rapid decline and tremendous fall of FTX....
A Texas man tried to buy a rocket company for $200 million. The SEC claims he never had the money.
Business Insider· 20 hours agoThe SEC has filed charges against Matthew Brown, alleging he made a "bogus" offer to invest $200...
Pudgy Penguin’s $9M seed round could point to a growing NFT industry
TechCrunch· 4 days agoPudgy Penguins isn’t the first NFT-focused company or collection to raise money. Pudgy Penguins, which reminds me of Club Penguin, was launched in 2021 and acquired by Los Angeles-based entrepreneur and web3 enthusiast Luca Netz in April 2022.
Will “Britcoin” bring legitimacy to cryptocurrency in the UK?
Private Banker International via Yahoo Finance· 3 days agoWill Britcoin Bring Legitimacy to Cryptocurrency in the UK In an environment where cryptocurrency is...