Sam Bankman-Fried takes his prison pills, Ryan Salame takes the fifth
The U.S. prosecutors filed another superseding indictment accusing SBF of stealing “billions of dollars” from FTX customers while Salame invoked his Fifth Amendment right.
The U.S. prosecutors filed another superseding indictment accusing SBF of stealing “billions of dollars” from FTX customers while Salame invoked his Fifth Amendment right.
The disgraced founder of the collapsed FTX digital asset exchange, is heading to jail for violating the terms of his bail, a U.S. federal judge has ordered.
PYUSD is being pitched as good for sending person-to-person payments, transferring to external wallets or funding purchases and users can convert PYUSD to other PayPal-supported digital assets.
As Sam Bankman-Fried strives to talk his way out of prison ahead of the October trial, his attempts may be hindered by Ryan Salame, whose efforts are now centered on saving face.
Following the weekend news, Justin Sun tweeted to reassure Tron and Huobi customers that he remained a free man, while Huobi issued a blog post insisting that the exchange "is operating as usual."
Coinbase generated revenue of $707.9 million in the three months ending June 30, a 12.5% decline from the same period last year and 8.3% below the first quarter of 2023.
Tether's audit report claims its reserves have ballooned by $7.1 billion from what was registered in Q1, but its real cash on hand paints a different picture, with figures said to be plummeting fast.
Hex founder Richard Heart faces fraud charges relating to his Hex entities offering unregistered securities and over ill-gotten wealth that the SEC is urging him to forfeit.
The U.S. House of Representatives Financial Services Committee advanced two bills that could now be sent to the House floor for a full vote: the HR4766 and HR4841.
SBF was in Manhattan on July 26 trying to convince U.S. District Court Judge Lewis Kaplan not to tighten his bail conditions—a week after he leaked private writings of Caroline Ellison.
Hong Kong-based First Digital Group celebrated the debut of the new FDUSD stablecoin on Binance, but little do they know that the U.S. dollar-backed FDUSD appears to have tripped down the red carpet.
Binance has until July 27 to file its response to the CFTC suit, but the exchange is asking the court for permission to exceed the 15-page limit for such responses.