Backers of major cryptocurrency reportedly falsified documents to access banks
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Earth (focus on Europe) represented by little dots, binary code and lines - big data, global business, cryptocurrency 3D render piranka/Getty Images Backers of major cryptocurrency reportedly falsified documents to access banks Zachary Halaschak March 03, 03:15 PM March 03, 03:15 PM Video Embed T he entities behind one of the biggest cryptocurrencies in the world reportedly used falsified documents and shell companies to avoid ge...
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Nearly $700M seized by US from FTX founder Sam Bankman-Fried: Officials
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FTX founder Sam Bankman-Fried leaves Manhattan federal court, Tuesday, Jan. 3, 2023, in New York, after he pleaded not guilty to charges that he cheated investors and looted customer deposits on his cryptocurrency trading platform. (Online News 72h Photo/Craig Ruttle) Craig Ruttle/Online News 72h Nearly $700M seized by US from FTX founder Sam Bankman-Fried: Officials Steff Thomas January 21, 05:42 PM January 21, 10:07 PM Video Embed T h...
Crypto.com cuts 20% of staff due to 'significant damage' to industry post-FTX
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A statue of former Los Angeles Lakers center Kareem Abdul-Jabbar is seen silhouetted in front of a digital message board in front of Crypto.com Arena Monday, Nov. 28, 2022, in Los Angeles. (Online News 72h Photo/Mark J. Terrill) Mark J. Terrill/Online News 72h Crypto.com cuts 20% of staff due to 'significant damage' to industry post-FTX Christopher Hutton January 13, 10:21 AM January 13, 10:21 AM Video Embed A maj...
Capitol coin: Crypto giants have spent over $10M on lobbying in 2022 amid regulation push
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FILE - An advertisement for Bitcoin cryptocurrency is displayed on a street in Hong Kong, on Feb. 17, 2022. Bitcoin slumped to a two-year low, Wednesday, Nov. 9, and other digital assets sold off following the sudden collapse of crypto exchange FTX Trading, which has been forced to sell itself to larger rival Binance. (Online News 72h Photo/Kin Cheung, File) Kin Cheung/Online News 72h Capitol coin: Crypto giants have spent over $10M on lobbying in 2022 amid regulation push Gabe Kaminsky December 23, 10:39 AM ...
Sam Bankman-Fried, FTX wined and dined top regulator official at ritzy DC restaurant, emails show
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Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during a Senate Agriculture, Nutrition and Forestry Committee hearing in Washington, D.C., U.S., on Wednesday, Feb. 9, 2022. The top Democrats and Republicans on the committee last month sent a letter to the CFTC calling for the regulator to take a more active role in overseeing cryptocurrencies. Photographer: Sarah Silbiger/Bloomberg via Getty Images (Getty Images) Sam Bankman-Fried, FTX wined and dined top regulator official at ritzy DC restaurant, emails show Gab...
Entire crypto sector faces reckoning after FTX collapse
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Sam Bankman-Fried, CEO of FTX U.S. Derivatives. (Tom Williams/CQ-Roll Call, Inc via Getty Images)
Entire crypto sector faces reckoning after FTX collapse
Zachary Halaschak November 22, 06:30 AM November 22, 06:30 AM
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T he spectacular collapse of the crypto exchange FTX sent ripples throughout the world of finance in what appears to be a reckoning for the future of cryptocurrency.
FTX was one of the biggest cryptocurrency platforms in the world and had been vaunted at a massive scale by super-powered marketing campaigns featuring the likes of Tom Brady and Steph Curry. This month, that house of cards quickly collapsed, leaving many fearful that more blockchain companies, such as FTX rivals Binance and Coinbase, and digital currencies will face a loss of confidence and suffer failures.
POLITICIANS FACE PUBLIC AND LEGAL PRESSURE TO RETURN BANKMAN-FRIED DONATIONS
“In a way it’s far wors...
New industry PAC to back professional-crypto candidates
[ad_1] New digital funds concept, Gold Bitcoins ( btc ) is Electronic crypto-currency use blockchain Technological innovation for (iStock) New market PAC to back again pro-crypto candidates Christopher Hutton Oct 09, 03:00 AM October 09, 03:00 AM Movie Embed A cryptocurrency industry team has shaped a new political action committee at the finish of the 2022 midterm election cycle with the hope of helping to type the next Congress's see on the new sector...
Cryptocurrency magnate, new GOP megadonor, sunk thousands and thousands into primaries
[ad_1] Republican Senate prospect Katie Britt speaks to supporters just after securing the nomination during a runoff from Mo Brooks on Tuesday, June 21, 2022, in Montgomery, Alabama. (Online News 72h Photograph/Butch Dill) Cryptocurrency magnate, new GOP megadonor, sunk tens of millions into primaries David M. Drucker September 18, 06:30 AM September 18, 06:31 AM Video Embed Budding Republican megadonor Ryan Salame quietly shell...
Elon Musk suggests he will continue supporting Dogecoin
[ad_1] Elon Musk, Tesla CEO, says he will proceed to assist Dogecoin. (Patrick Pleul/Pool by way of Online News 72h, File) Elon Musk claims he will continue supporting Dogecoin Daniel Chaitin June 19, 03:58 AM June 19, 04:33 AM Video clip Embed Tesla CEO Elon Musk suggests he will adhere by Dogecoin in spite of the cryptocurrency's price plummeting given that previous year and a $258 billion lawsuit more than an alleged Dogecoin pyramid scheme. The tec...