Sam Bankman-Fried’s only way out is ratting on Binance and Tether
Sam Bankman-Fried’s only hope of not spending the best years of his life behind bars is to dish the dirt he has on the biggest crypto criminals: Binance and Tether.
Sam Bankman-Fried’s only hope of not spending the best years of his life behind bars is to dish the dirt he has on the biggest crypto criminals: Binance and Tether.
Paxful CEO Ray Youssef announces Ethereum's banishment from the digital asset trading platform, noting that the system's tokens were nothing but scams that have robbed billions of people.
Premium movie streaming service ROW8 has acquired metaverse/Web3 platform Rad, adding a formidable slate of top-tier content to Rad’s already impressive NFT-powered lineup.
Recently, users saw a precipitous drop in the value of multiple alt-coins, including many associated with companies in which DCG had invested.
The Binance digital asset exchange has some explaining to do after blockchain data showed it financially rescuing its supposedly ‘independent’ Binance.US offshoot.
U.S. Senate Committee on Banking, Housing, and Urban Affairs hearing into the FTX collapse mocked Kevin O’Leary, who is lamenting the loss of the $15m tokens he received for being FTX’s spokesman.
Kevin O’Leary described FTX and Binance as “two behemoths that owned the unregulated market” for exchanges and “were at war with each other and one put the other out of business—intentionally.”
If convicted of eight counts of charges filed by the DOJ, Sam Bankman-Fried could see himself landing 115 years in prison.
Following his arrest in the Bahamas, SBF will have to face charges brought against him, with former FTX CEO John Ray III set to testify in court over the exchange's collapse.
Binance is reportedly ramping up its legal department amid a DOJ probe and a slew of charges tied to the exchange's alleged money laundering conspiracy and breach of criminal sanctions, among others.
Fir Tree believes Grayscale Investments is hiding something tied to the troubling reports about liquidity issues with DCG and its corporate affiliates, which led them to file a complaint.
Eight U.S. states had joined the existing number of states ineligible to partake of Nexo’s Earn Interest Product.