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John Ray exposes ‘vast’ harm to FTX customers, counters SBF’s solvency claims

FTX CEO John Ray III has debunked Sam Bankman-Fried’s (SBF) claims about the level of losses suffered by users of the defunct exchange. In a March 20 letter to Judge Kaplan, Ray said Bankman-Fried’s statements were “categorically, callously, and demonstrably false” because the exchange users would “never be in the same position they would have […] The post John Ray exposes ‘vast’ harm to FTX customers, counters SBF’s solvency claims appeared first on CryptoSlate. дальше »

2024-3-21 14:22


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SEC chair Gensler condemns ‘AI washing’ after regulatory action against 2 companies

US SEC chair Gary Gensler condemned “AI washing” or the abuse of artificial intelligence (AI) and said such activities “may violate the securities laws.” Gensler made the statements on March 18 in tandem with lawsuits and regulatory action by the SEC against AI washing, which occurs when members of the financial sector make false claims […] The post SEC chair Gensler condemns ‘AI washing’ after regulatory action against 2 companies appeared first on CryptoSlate. дальше »

2024-3-19 02:31


Bernstein Analysts Convinced Bitcoin Is Headed For $150,000, Here’s Why

Analysts from private wealth management firm, Bernstein have reaffirmed their previous Bitcoin prediction, emphasizing that the cryptocurrency has a greater chance to reach $150,000 by 2025.   Bitcoin $150,000 Price Forecast Grows Stronger Bernstein analysts Gautam Chhugani and Mahika Sapra said in a note to clients on Monday that they were now more convinced of Bitcoin’s exponential surge to new all-time highs at around $150,000 by mid-2025. дальше »

2024-3-16 23:30


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Sam Bankman-Fried deserves 40-50 years in prison, prosecutors say

Sam Bankman-Fried, the disgraced former CEO of collapsed crypto exchange FTX, deserves a jail term of not less than 40 years, US prosecutors said on Friday. According to the sentencing memo the Department of Justice, Southern District of New York, filed on Friday, what Bankman-Fried needs is 40 to 50 years in prison. The prosecution […] дальше »

2024-3-16 23:24


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Crypto owners favor Trump over Biden in 2024 election with 9% divide – POS poll

US voters who own crypto favor Donald Trump in the upcoming 2024 presidential elections, according to a new survey conducted by Public Opinion Strategies on behalf of Paradigm. The research-driven investment firm said on March 14 that 48% of crypto holders plan to vote for Donald Trump, while 39% plan to vote for Joe Biden […] The post Crypto owners favor Trump over Biden in 2024 election with 9% divide – POS poll appeared first on CryptoSlate. дальше »

2024-3-15 01:39


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Worldcoin files lawsuit to appeal Spain’s ban

Worldcoin developer Tools for Humanity has filed a lawsuit to appeal Spain’s recent ban on its data collection and usage within the country for three months. Worldcoin said in a March 6 blog post that Spain’s regulators circumvented the regular process around EU GDPR rules by issuing their order, leaving it no choice but to […] The post Worldcoin files lawsuit to appeal Spain’s ban appeared first on CryptoSlate. дальше »

2024-3-9 00:26