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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


‘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


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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


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


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


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


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


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