![Ryan Salame Ryan Salame with blurred office background](https://coingeek.com/wp-content/uploads/2024/05/Ryan-Op2-380x188.webp)
FTX’s Ryan Salame gets 90 months in prison, tweets ‘trust me, bro’
The 7.5-year sentence that U.S. District Judge Lewis Kaplan imposed was higher than the five to seven years prosecutors had recommended in their pre-sentencing memo.
The 7.5-year sentence that U.S. District Judge Lewis Kaplan imposed was higher than the five to seven years prosecutors had recommended in their pre-sentencing memo.
Donald Trump appears intent on using single-issue 'crypto' voters to ensure his victory over U.S. President Joe Biden, despite him being notorious for saying one thing and doing another.
Digital Currency Group initially attempted to prioritize the repayment of its own losses but was struck down by the courts, arguing it lacked the legal standing to object to the restructuring plan.
The New York Times reported on the alleged bribe, with Binance CEO Richard Teng finally breaking his silence last week and accusing Nigeria of double standards and deception.
The Public Security Bureau in Chengdu, China, recently announced the disruption of a “huge underground bank” that used Tether’s USDT token as “a medium to provide illegal services to customers.”
Anton and James Peraire-Bueno could face up to 20 years in prison if proven guilty of netting $25M worth of tokens using MEV-Boost, a move that they have allegedly planned since December 2022.
Alexey Pertsev was accused of allowing criminals to launder US$1.2 billion worth of the Ethereum network’s ETH token through the Tornado Cash coin mixing service.
Binance can't run away from its criminal past despite pouring billions to rehabilitate its image, with a recent WSJ report unraveling evidence of market manipulation at the hands of a Web3 investor.
If Tether collapses, majority of global liquidity will go with it, and so will a sizable chunk of value held in equity around the blockchain economy.
Robinhood is scheduled to report its Q1 financials on May 8, and the analyst call may reveal further details regarding the company's SEC's issues.
Figures released on May 2 show Coinbase generated revenue of nearly $1.6 billion in the three months, more than twice the sum generated in the same quarter last year.
Tether claimed to have generated a profit of over $4.5 billion in the first three months of 2024, but while its gains seemed rosy, the USDT issuer still couldn't get a break from its alleged criminal ties.