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Gary Wang, FTX co-founder, avoids jail time in crypto fraud case: ‘I will spend the rest of my life trying to make amends’
Gary Wang, the co-founder and former chief technology officer of FTX, has been spared prison time for his involvement in the crypto exchange’s collapse. On Wednesday, he was sentenced to time served and three years of supervised release for each of the four criminal charges he pleaded guilty to. Wang was also ordered to forfeit […] дальше »
2024-11-21 21:26 | |
FTX co-founder Gary Wang avoids prison time in crypto fraud case
Gary Wang is now the fifth former executive of collapsed crypto exchange FTX to be sentenced for their role in the company’s implosion. Wang received a sentence of time served and three years of supervised release and will forfeit $11 billion. дальше »
2024-11-21 19:42 | |
FTX co-founder Gary Wang sentenced to ‘time served’ as FTX criminal cases end
Gary Wang, co-founder and former chief technology officer of crypto exchange FTX, was sentenced to time served with no additional jail time after providing extensive cooperation to U. S. prosecutors in one of the largest financial fraud cases in history, as reported by Inner City Press. дальше »
2024-11-20 19:03 | |
MicroStrategy Bitcoin bet reaches $25.7B: 'A perfect match!'
Co-founder Michael Saylor teased more Bitcoin purchases for MicroStrategy. BitwiseInvest's exec also hailed MSTR as essential for high-reward strategies. As Bitcoin [BTC] peaked at new highsThe post MicroStrategy Bitcoin bet reaches $25. дальше »
2024-11-19 03:30 | |
Robinhood CEO criticizes UK over ‘backwards’ crypto stance
Co-founder and CEO of Robinhood, Vlad Tenev, commented on Britain’s hawkish approach to crypto, especially when compared to gambling. In an interview with the Times, Tenev expressed his desire to expand Robinhood’s business into the UK, highlighting its potential to… дальше »
2024-11-18 11:29 | |
Coinbase CEO and Gemini Co-Founder Rally Behind Elon Musk-led D.O.G.E Reforms
Crypto industry leaders say the newly formed Department of Government Efficiency (D.O.G.E) would address US economic inefficiencies. The post Coinbase CEO and Gemini Co-Founder Rally Behind Elon Musk-led D.O.G.E Reforms appeared first on BeInCrypto. дальше »
2024-11-18 01:00 | |
‘Evil’ And ‘Sociopathic Ambition’: Gary Gensler Blamed For Torching Crypto And Jobs
Gemini’s Tyler Winklevoss joins the growing chorus of crypto personalities calling out Chairman Gary Gensler of the Securities and Exchange Commission (SEC). Related Reading: Bitcoin At $120K? Trading Firm Links Trump’s Reserve Plan To Bold Prediction In a Twitter/X post, the Gemini co-founder lashed out at the agency’s chief, calling him “evil.” In the same […] дальше »
2024-11-18 18:30 | |
SEC chair Gary Gensler’s behavior cannot be chalked off as ‘good faith mistakes,’ says Tyler Winklevoss
The actions of the U. S. Securities and Exchange Commission (SEC) chair Gary Gensler cannot be “explained away” as “good faith mistakes,” former Olympic rower and crypto exchange Gemini co-founder Tyler Winklevoss wrote in a post on X on Saturday. дальше »
2024-11-18 02:26 | |
The FTX co-founder proved ‘outstanding assistance’ to the US authorities. What awaits him now?
FTX co-founder Gary Wang, convicted of misusing funds at a fictitious crypto exchange, may face punishment after his case goes to trial. On Nov. 13, prosecutors in the U.S. District Court for the Southern District of New York filed a… дальше »
2024-11-15 01:48 | |
Post-halving 2024 market is pushing Bitcoin’s price, not just Trump, says Onramp Bitcoin co-founder
The last Bitcoin halving took place in April when the block reward dropped from 6.25 Bitcoin to 3.125 Bitcoin Jesse Myers said Bitcoin’s price needs to go higher for a “supply-demand price” balance to happen When that occurs, the market will “flywheel into mania and a bubble,” which happened in the 2012, 2016, and 2020 […] The post Post-halving 2024 market is pushing Bitcoin’s price, not just Trump, says Onramp Bitcoin co-founder appeared first on CoinJournal. дальше »
2024-11-13 17:39 | |
Interview: Bitcoin is here to stay, asserts CoinDCX co-founder Sumit Gupta
Among the industries and stakeholders that could benefit from Donald Trump’s election as president of the United States, the cryptocurrency investor class has been the most enthusiastic, and the celebration appears to have only just begun. дальше »
2024-11-11 16:31 | |
Bitcoin’s rally to $80k not driven by retail FOMO, Gemini’s Winklevoss says
As Bitcoin reached a new all-time high, Gemini co-founder Cameron Winklevoss suggested the real rally is yet to come. Bitcoin (BTC) has still room to grow as the recent spike to a new all-time high was not driven by retail… дальше »
2024-11-11 10:42 | |
FTX Co-Founder Gary Wang Begs Judge For Freedom: Will He Escape Jail Time?
Gary Wang, FTX’s co-founder, has asked through his legal team for a non-custodial sentence in a memo filed last November 6th in connection with the United States v. Sam Bankman-Fried. The computer programmer argued that he should not serve jail time over his supposed involvement with the failed FTX since he was a key witness […] дальше »
2024-11-8 08:00 | |
Coinbase CEO calls US election 2024 a ‘huge win for crypto’
Co-founder and CEO at Coinbase, Brian Armstrong views this year’s election as a victory for the crypto community, as America is set to have ‘the most pro-crypto congress ever’ and a president that supports crypto. In an article posted on… дальше »
2024-11-7 14:54 | |
FTX co-founder Gary Wang asks judge for no prison time
Sam Bankman-Fried’s college friend and FTX co-founder Gary Wang is asking a federal judge to spare him from a prison sentence a few days after FTX executive Nishad Singh was given no prison time. FTX co-founder Gary Wang is pleading… дальше »
2024-11-7 11:00 | |
WazirX to restart trading and share revenue to pay back victims of $235m hack
WazirX plans to restart trading alongside new features, a recovery token, and a decentralized exchange to make creditors whole. Speaking at the company’s fourth town hall session on YouTube, WazirX co-founder Nischal Shetty disclosed plans to airdrop “recovery tokens” to… дальше »
2024-11-7 10:13 | |
Vote Trump, Save Crypto? Harris Victory Could Lead To ‘Billions’ In Losses, Says Winklevoss
In a recent post on social media platform X (formerly Twitter), Cameron Winklevoss, co-founder of the US-based cryptocurrency exchange Gemini, issued a stark warning to the digital asset community regarding the implications of the ongoing election results. дальше »
2024-11-6 08:30 | |
Rooch network co-founder robbed in Bangkok ahead of Ethereum Devcon
A crypto co-founder was robbed in Bangkok while traveling there to attend the 2024 Ethereum Devcon conference. Haichao Zhu, co-founder of Bitcoin application Rooch Network, urged Ethereum Devcon attendees to exercise caution in a Nov. 5 X post after being… дальше »
2024-11-5 14:58 | |
Crypto firms launch the Global Dollar stablecoin to boost adoption
The Global Dollar is issued out of Singapore by Paxos and is “substantially compliant” with the MAS Tether’s USDT stablecoin accounts for more than 75% of the market Kraken’s co-founder said there is a “lack of competition” in the stablecoin market A group of cryptocurrency and financial technology companies have introduced a joint stablecoin, the […] The post Crypto firms launch the Global Dollar stablecoin to boost adoption appeared first on CoinJournal. дальше »
2024-11-5 14:25 | |
3AC Founder’s Wife Cashes Out With $38.5 Million Singapore Mansion Sale
A report revealed that the spouse of one of the co-founders of the now-defunct Three Arrows Capital, or 3AC, sold one of their luxurious mansions in Singapore. Related Reading: Crypto Corruption Exposed: Thailand Police Gang Arrested For $165K Extortion Property Sale Despite Asset Freeze Reports disclosed that 3AC co-founder Zhu Su’s wife, Tao Yaqiong, successfully […] дальше »
2024-11-4 00:00 | |
OpenEden’s TVL Drops by $30 Million Following Co-Founder’s Alleged Misconduct
The accusations led to swift action from OpenEden, which terminated Ng, and DWF Labs, which withdrew its funds and condemned his alleged behavior. The post OpenEden’s TVL Drops by $30 Million Following Co-Founder’s Alleged Misconduct appeared first on BeInCrypto. дальше »
2024-11-3 01:00 | |
Tornado Cash Co-Founder Trial Adjourned Until April 2025
In the latest development in the ongoing prosecution of Tornado Cash co-founder Roman Storm, the presiding judge has adjourned the much-awaited trial until April 2025. This decision will see the money laundering and sanctions violations charges against the crypto developer drag on for at least the next five months. Mandamus Petition Trial Still Set For […] дальше »
2024-11-3 20:30 | |
BlockDAG’s Latest Video Thrills as Presale Soars to $107.5M, ADA Jumps, & Ethereum Staking Struggles Persist
In the crypto world, price hikes are grabbing everyone’s attention. Cardano is up by 8% but struggles at the $0. 40 resistance. Ethereum is under the microscope for possible centralization in its staking process, with concerns voiced by its co-founder. дальше »
2024-11-1 21:16 | |
Democratic trifecta state rumored to introduce a Bitcoin Rights Bill
Co-founder of Satoshi Action Fund, Dennis Porter, claims a Democratic lawmaker is planning to introduce a legislation that would protect the rights of Bitcoin holders in a Democratic trifecta state, known as the Bitcoin Rights Bill. According to a post… дальше »
2024-10-30 14:47 | |
Liam Wright appointed Editor in Chief of CryptoSlate, driving new era of crypto and finance journalism
The following is an announcement by Nate Whitehill, CEO and co-founder of CryptoSlate. I’m thrilled to announce that Liam “Akiba” Wright has been appointed as CryptoSlate’s new Editor in Chief. дальше »
2024-10-30 10:00 | |
Paxos CEO warns US risks losing financial leadership without crypto reform
In an open letter to Vice President Kamala Harris and former President Donald Trump, Paxos CEO and co-founder Charles Cascarilla warned that America’s financial leadership hinges on whether the next presidential administration embraces digital assets and reforms outdated financial regulations. дальше »
2024-10-30 03:00 | |
Ethereum Co-Founder Buterin Introduces ‘The Splurge’ Upgrade
Ethereum co-founder Vitalik Buterin has unveiled “The Splurge,” a comprehensive set of protocol upgrades aimed at addressing a variety of challenges within the Ethereum ecosystem. In his latest blog post titled “Possible futures of the Ethereum protocol, part 6: The Splurge,” Buterin delves into the technical intricacies of upcoming enhancements that seek to propel Ethereum […] дальше »
2024-10-30 01:30 | |
Ripple co-founder says Kamala Harris will take a ‘completely different approach’ to Biden’s war on crypto
Ripple co-founder, Chris Larsen, stated that he is certain Kamala Harris will be able to rectify what he considers the Biden administration’s “failed” approach to crypto. In an interview with CNBC released on Oct. дальше »
2024-10-30 15:36 | |
Buterin Claps Back at Critics over Ethereum Foundation’s ETH Sales
Ethereum (ETH) co-founder Vitalik Buterin has slammed critics who call out the Ethereum Foundation for selling ETH. дальше »2024-10-29 22:52 | |
Vitalik Buterin urges community to 'show some respect' amid ETH sales backlash
Vitalik Buterin explains the reasoning behind ETH sales. ETH suffers amid a bearish market. Ethereum [ETH] co-founder Vitalik Buterin has shut down mounting criticism from the community follThe post Vitalik Buterin urges community to 'show some respect' amid ETH sales backlash appeared first on AMBCrypto. дальше »
2024-10-28 17:30 | |
Vitalik Buterin’s solution won’t work for every EVM network, Chiliz CSO says
Chiliz chief strategy officer Max Rabinovitch recently discussed Ethereum co-founder Vitalik Buterin’s efforts to address centralization in Ethereum’s validation structure. In an interview with crypto. дальше »
2024-10-29 13:14 | |
Vitalik Buterin’s solution might not be the best, Chiliz CSO says
Chiliz chief strategy officer Max Rabinovitch recently discussed Ethereum co-founder Vitalik Buterin’s efforts to address centralization in Ethereum’s validation structure. In an interview with crypto. дальше »
2024-10-28 13:14 | |
Ethereum Foundation Scandal? Buterin Denies Allegations Of ‘ETH Dumping’
In a spirited response to allegations that the Ethereum Foundation has been irresponsibly selling off its ETH holdings, co-founder Vitalik Buterin firmly denied the accusations on X. In an explanation, Buterin provided detailed insights into the Foundation’s financial practices and its contributions to the ecosystem. дальше »
2024-10-28 10:40 | |
Gensler Called ‘Worst Public Servant’ In Scathing Remarks By Ripple Co-Founder
The word war between Ripple Labs’ key people and the Securities and Exchange Commission (SEC) continues. Related Reading: Fake Bitcoin ETF Post Lands Man Plea Deal In SEC Hack Case In the latest twist in the Ripple v SEC saga, Ripple’s co-founder, Chris Larsen, offered a stinging comment of SEC Chair Gary Gensler, saying that […] дальше »
2024-10-28 05:00 | |
DeFi Revolution? Cardano Founder Says Bitcoin Will Outpace Ethereum And Solana
Ethereum and Solana’s hold on DeFi is about to end, well, at least according to Cardano’s Charles Hoskinson. In a Twitter/X post on October 25th, the Cardano co-founder claimed that decentralized finance is coming to Bitcoin, and it’s going to be bigger than Ethereum and Solana. дальше »
2024-10-28 03:00 | |
How TradFi is validating crypto’s long-held truths
The following is a guest post by Mauricio Di Bartolomeo, Co-founder and CSO at Ledn. After years of dismissing the asset, Wall Street is finally recognising Bitcoin’s potential. At Bitcoin 2024 in Nashville, the air crackled not just with the usual enthusiasm, but with the unmistakable scent of vindication. дальше »
2024-10-27 17:16 | |