US v. SBF: in closing statements, the US relied heavily on evidence to argue SBF is guilty and he was “greedy” while SBF's defense managed to make things worse
Mistakes aren't illegal, but fraud is — and Bankman-Fried's lawyers never made his defense land.
On his final day of testimony, SBF denied knowing that billions of dollars in customer money had been misappropriated until shortly before FTX collapsed
The founder of the FTX crypto exchange was grilled by a federal prosecutor for a second day, just before both sides rested their case in the criminal fraud trial.
In a testimony without the jury present, SBF says he followed the counsel of lawyers to make critical decisions around passing FTX customer money to Alameda
Former crypto billionaire blames lawyers as court hears first snippets of testimony without jury present
In a testimony without the jury present, SBF says he followed the counsel of lawyers to make critical decisions around passing FTX customer money to Alameda
Former crypto billionaire blames lawyers as court hears first snippets of testimony without jury present
A live blog of Sam Bankman-Fried's testimony in front of a jury at his criminal fraud trial in NYC over the collapse of FTX
given how today's testimony went even with limited ammunition from prosecutors, it seems disastrous to allow SBF to undergo cross-examination in the presence of a jury Jacob Silver...
A live blog of Sam Bankman-Fried's testimony in front of a jury at his criminal fraud trial in NYC over the collapse of FTX
given how today's testimony went even with limited ammunition from prosecutors, it seems disastrous to allow SBF to undergo cross-examination in the presence of a jury Jacob Silver...
Credit card processor Checkout.com cuts its Binance contract short over regulatory “actions and orders in relevant jurisdictions” and money laundering concerns
Checkout.com, the London-based credit card processing company that ballooned its business model by servicing billions …
Curve, a stablecoin exchange on Ethereum, says bugs in Vyper, a programming language used by parts of Curve, are being exploited; ~$100M of crypto is at risk
More than $100M-worth of cryptocurrency could be at risk due to a bug impacting Curve, a stablecoin exchange at the center of Ethereum's DeFi ecosystem.
Curve, a stablecoin exchange on Ethereum, says bugs in Vyper, a programming language used by parts of Curve, are being exploited; ~$100M of crypto is at risk
More than $100M-worth of cryptocurrency could be at risk due to a bug impacting Curve, a stablecoin exchange at the center of Ethereum's DeFi ecosystem.
The US arrests and charges former Celsius CEO Alex Mashinsky with six counts; the SEC, CFTC, and FTC sue Mashinsky and Celsius; Mashinsky pleads not guilty
The SEC, CFTC, and FTC sue ex-Celsius CEO Alex Mashinsky and the company over alleged fraud and more; Mashinsky was arrested and charged with six counts
Alex Mashinsky, the former chief executive officer of Celsius Network Ltd., was accused by prosecutors of orchestrating a yearslong scheme …
Sources: the FBI searched Kraken co-founder Jesse Powell's home in March 2023, as part of US prosecutors' probe into claims he hacked a nonprofit he founded
Federal agents were investigating Jesse Powell, the founder of the crypto exchange Kraken, over claims that he hacked and cyber-stalked a nonprofit arts group.
Nigeria's SEC orders that Binance halt operations in the country, deeming them illegal as the local unit is “neither registered nor regulated by the Commission”
The order against Binance Nigeria Limited follows U.S. SEC allegations that the exchange had violated federal securities laws.
Court filings: Binance's lawyers allege SEC Chair Gary Gensler offered to be an advisor to the company in March 2019 when he was teaching at MIT Sloan
- According to a new filing from Binance's lawyers, SEC Chair Gary Gensler offered to be an advisor to the crypto exchange in 2019.
The SEC's Binance lawsuit includes testimony from ex-Binance.US CEO Catherine Coley, who joined in 2019 before suddenly leaving two years later without a trace
Emily Nicolle / Bloomberg :
Sources: the US DOJ is investigating if Binance was used to let Russians skirt US sanctions, alongside a probe into its alleged use to evade sanctions on Iran
The Justice Department is investigating whether Binance Holdings Ltd. was used illegally to let Russians skirt US sanctions …
Source: Binance rejected buying Tron founder Justin Sun's Huobi stake due to Huobi's alleged ties to China; Sun's Huobi involvement is shrouded in secrecy
Sources: Gemini is preparing to launch an international crypto derivatives exchange to offer perpetual futures, which US regulations prohibit for retail traders
Akash Pasricha / The Information :
The FDIC plans to sell all of Signature Bank's 40 branches to Flagstar Bank, as well as some Signature loans and deposits not in its digital banking business
Bloomberg reports: — “Signature Bank's crypto-related deposits will be returned to customers directly … Michael Farrell : I am pleased to announce that Signature Bridge Bank, N.A...
The FDIC plans to sell Signature Bank's deposits to Flagstar Bank, excluding those in its digital banking business, some loans, and Signature's 40 branches
A subsidiary of New York Community Bancorp (NYCB.N) has entered into an agreement with U.S. regulators to purchase deposits and loans …