Sam Bankman-Fried pleads not guilty, shots fired over FTX assets
SBF pleaded not guilty to charges that include wire fraud, commodities fraud, securities fraud, conspiracy to commit said frauds, and campaign finance violations.
SBF pleaded not guilty to charges that include wire fraud, commodities fraud, securities fraud, conspiracy to commit said frauds, and campaign finance violations.
FTX’s former compliance chief Daniel S. Friedberg has yet to be charged in connection with his role in the FTX collapse, but his history repping criminal online poker sites might catch up with him eventually.
Barry Silbert hits back with Cameron Winklevoss' accusation, saying DCG never borrowed funds from Genesis and has delivered a proposal to solve the liquidity issues at both firms.
BTC Core developer Luke Dashjr reported the theft of millions of dollars of BTC from a private server he operated. On new year's eve, four transactions moved 216.9 BTC—valued at $3.6 million.
A few weeks before the collapse of FTX, Moonstone Bank partnered with fintech company Fluent Finance on a stablecoin venture to "accelerate crypto adoption by issuing US+ stablecoin."
An online investment from Tether Pay claimed to offer investors returns of up to 210% in 70 days or 3% daily while assuring users of the option to withdraw their funds at any time.
Celsius set the initial deadline to January 3 but is now seeking to push it to early February, with those who fail to file risking losing out on distribution.
Gemini was among the many digital asset companies offering Earn accounts but with the contagion hitting its business partner Genesis, it suspended the accounts.
Non-U.S. FTX customers argue that their identities should be kept hidden during court proceedings, as revealing them could put them at risk of scams and identity theft, a call opposed by the DOJ.
The next 'halving' of the BTC block reward, expected to take place in mid-2024, would further reduce margins and squeeze out smaller miners struggling to make a profit from their existing operations.
London-based Faes & Company claims that Blockware lied about owning hosting facilities and BTC mining machines' uptime and wants $250,000 in damages.
Industry players behind the BTC software control the hash power, while companies with weak cash positions and low debt suffer, cementing BTC's position as a 'very, very' centralized system.