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FTX co-founder and former CEO Sam Bankman-Fried was sentenced to 25 years in prison for his role in the exchange’s collapse.Photo: Michael M. Santiago (Getty Images) Nearly all of FTX’s…
Binance founder and former CEO Changpeng “CZ” Zhao was sentenced to four months in federal prison on Tuesday, first reported by the Associated Press. Zhao pleaded guilty to money laundering…
Photo: TIMOTHY A. CLARY / AFP (Getty Images) Well, Sam Bankman-Fried is headed up the river. Once a powerful crypto power broker, SBF’s glittering Web3 kingdom came crashing down on…
Sam Bankman-Fried was sentenced to 25 years in prison on Thursday by Manhattan Federal Judge Lewis Kaplan. A jury found Bankman-Fried guilty of one of the largest white-collar crimes in…
Are you a billionaire in trouble? Why not try coming out as a Republican and fully pivoting into very public complaints about the “woke agenda?” That’s precisely what Sam Bankman-Fried…
Photo: Jakub Porzycki/NurPhoto (Getty Images) Coinbase users’ accounts showed a “zero balance” on Wednesday afternoon. Coinbase confirmed the problem on its status page at 12:40 p.m. ET but claims customer…
Photo: TIMOTHY A. CLARY / AFP (Getty Images) It’s official: There will be no further attempts to salvage FTX. The once popular but now defunct crypto exchange that “misplaced” billions…
Photo: Kiyoshi Ota/Bloomberg (Getty Images) Well, that’s one way to see your investment pay off. In 2014, the largest cryptocurrency exchange in the world, Mt. Gox, suffered a notorious hack…
Binance founder Changpeng Zhao (CZ) will step down from his CEO duties and plead guilty to criminal charges, paying a $50 million fine, according to court documents made public Tuesday.…
The US Justice Department seeks $4 billion from Binance to end a years-long investigation into the world’s largest cryptocurrency exchange, according to Bloomberg. Negotiations are reportedly underway that could subject…