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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 | |
Former FTX CTO Gary Wang Won’t Have To Serve Prison Time, Judge Rules
Former FTX chief technology officer and close friend of Sam Bankman-Fried, Gary Wang, won’t have to serve prison time for his involvement in the crypto exchange’s fraud scheme, The New York Times reported. дальше »
2024-11-20 19:38 | |
Former FTX CTO Gary Wang avoids prison time for role in crypto fraud
Gary Wang avoids prison after pleading guilty in FTX fraud case. His testimony aided the conviction of Sam Bankman-Fried. The post Former FTX CTO Gary Wang avoids prison time for role in crypto fraud appeared first on Crypto Briefing. дальше »
2024-11-21 19:17 | |
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 | |
Kraken’s founder Jesse Powell backs Brian Brooks for SEC Chair
Jesse Powell, the founder of Kraken exchange, has voiced strong support for Brian Brooks, the former acting US Comptroller of the Currency, as the next Chair of the Securities and Exchange Commission (SEC). дальше »
2024-11-20 14:12 | |
President-Elect Trump To Reportedly Discuss Cabinet Appointments Privately With Coinbase CEO
This marks the first meeting between Trump and Armstrong since the former president’s re-election on Nov. 6, signaling his evolving crypto stance. дальше »2024-11-20 22:56 | |
Insider Leaks Trump ‘Considers’ A Strategic Bitcoin Reserve By Executive Order
Dennis Porter, CEO and founder of the Satoshi Act Fund—a US nonprofit advocating for Bitcoin adoption—has claimed that former President Donald Trump’s team is considering an executive order to establish a national Strategic Bitcoin Reserve (SBR). дальше »
2024-11-19 14:30 | |
‘I’m Fully Committed’ — Robert Kennedy Jr. Says After Putting Most Of His Wealth In Bitcoin
Robert F. Kennedy Jr. , former presidential candidate and Donald Trump’s nominee for the U. S. Secretary of Health and Human Services, has doubled down on his support for Bitcoin, revealing that he has most of his wealth invested in the world’s oldest and largest cryptocurrency. дальше »
2024-11-19 19:17 | |
Former Binance U.S CEO Brooks named potential SEC Chairman candidate
Brian Brooks has been named one of the potential candidates for SEC Head, according to the prediction platform Kalshi. Brooks has previously served as Binance. US CEO and chief legal officer of Coinbase. дальше »
2024-11-19 18:29 | |
Crypto enforcement to take a back seat under Trump as immigration becomes priority
Republican President-elect Donald Trump promised to ease up crypto enforcement during his campaign. And that’s what’s going to happen as Trump resets policy at the Justice Department and regulatory agencies, current and former government lawyers said at a conference in New York on Friday. дальше »
2024-11-18 05:00 | |
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 | |
‘Crypto Dad’ denies interest in becoming the next SEC chair
Giancarlo said he’s not interested in any crypto role in the US Treasury Speculation has grown over who will replace SEC Chair Gary Gensler following Donald Trump’s re-election Christopher Giancarlo, former CFTC chair, has denied rumors that he’s being considered to replace Gary Gensler as the head of the US Securities and Exchange Commission (SEC). дальше »
2024-11-16 18:04 | |
Could crypto save the U.S. from a debt crisis, will it push Bitcoin above $150k?
Crypto could stave off the U.S. debt crisis, according to Former House Speaker Paul Ryan in his recent op-ed published in the Wall Street Journal. Ryan argues that America’s $35.46 trillion and rising debt threatens the U.S. dollar’s status as… дальше »
2024-11-16 15:05 | |
Trump Names Former SEC Chair Jay Clayton to DOJ Office, the Same Office That Prosecuted SBF
President-elect Donald Trump said former Securities and Exchange Commission Chair Jay Clayton would be his U.S. Attorney for the Southern District of New York, heading up the state's Department of Justice branch. дальше »
2024-11-18 07:29 | |
Apple and A24 have a Sam Bankman-Fried biopic in the works
Apple Studios and A24 are working on a movie about former FTX CEO Sam Bankman-Fried, adapted from the best-selling Michael Lewis book ‘Going Infinite: The Rise and Fall of a New Tycoon.’ According to a Variety report, Apple Studios and… дальше »
2024-11-13 10:31 | |
FTX sues Binance, former CEO CZ for alleged fraudulent $1.76b transfer
In 2019, Binance acquired a 20% stake in collapsed FTX in a deal with Sam Bankman-Fried In 2021, Binance and FTX agreed to a deal that saw FTX buying back the stake, amounting to $1.76bn in FTT, BNB, and BUSD The transfer was done by Alameda Research, which was insolvent at the time and couldn’t […] The post FTX sues Binance, former CEO CZ for alleged fraudulent $1.76b transfer appeared first on CoinJournal. дальше »
2024-11-12 09:49 | |
Alameda’s Trabucco forfeits Yacht, $70m in claims to FTX estate
Former Alameda co-CEO Sam Trabucco will forfeit real estate and luxury assets to the FTX, according to a proposed settlement filed in court. дальше »
2024-11-12 00:02 | |
Celsius founder Alex Mashinsky loses bid to dismiss charges
Alex Mashinsky, the former CEO of the defunct Celsius Network, has failed to get two fraud charges dismissed from his indictment. A federal judge in New York ruled against Mashinsky’s motion, which alleged he manipulated the price of Celsius’s cryptocurrency,… дальше »
2024-11-12 21:39 | |
Former Pimco and Milennium executives start a crypto advisory business
Former executives from two major investment firms, Pimco and Millennium, have teamed up to launch a digital asset consultancy, x2B. The firm aims to provide guidance on token launches, fundraising, and related matters. According to a Bloomberg report on Nov.… дальше »
2024-11-12 16:51 | |
FTX Sues Binance, Former CEO CZ for $1.8B
The filing alleges that FTX was already insolvent and the FTT tokens used in a share repurchase transaction were worthless, and therefore the transfer should be classed as fraudulent. дальше »
2024-11-11 15:14 | |
FTX files $1.8 billion lawsuit against Binance and Changpeng Zhao
In an escalating legal conflict that underscores the fragility within the cryptocurrency sector, bankrupt crypto exchange FTX has filed a lawsuit against Binance Holdings Ltd. and its former CEO, Changpeng Zhao (CZ), seeking to reclaim nearly $1. дальше »
2024-11-11 14:06 | |
FTX sues Binance and Changpeng Zhao for $1.8 billion over alleged financial sabotage
Bankrupt crypto exchange FTX has filed a lawsuit against Binance and its former CEO, Changpeng Zhao, seeking to reclaim approximately $1. 8 billion. According to a Nov. 10 court filing, FTX alleges a complex series of actions that contributed to its financial downfall, placing Binance’s early involvement and Zhao’s actions in the spotlight. дальше »
2024-11-11 13:04 | |
FTX Sues To Recoup ‘Investments’ From Scaramucci’s SkyBridge
The management of bankrupt crypto exchange FTX has launched a lawsuit against American financier Anthony Scaramucci and his hedge fund company SkyBridge Capital to recoup funds invested by the exchange’s former CEO Sam Bankman-Fried (SBF). дальше »
2024-11-11 18:30 | |
FTX Scandal Update: Caroline Ellison Starts 2-Year Prison Term In Connecticut
Caroline Ellison, the former CEO of Alameda Research and key witness in the prosecution of FTX founder Sam Bankman-Fried, reported to a low-security federal prison in Connecticut on Thursday to begin her two-year prison sentence. дальше »
2024-11-8 17:00 | |
Caroline Ellison, ex-Alameda CEO, begins 2-year prison sentence for role in FTX fraud
Caroline Ellison, former CEO of Alameda Research and key witness in the FTX case, reported to a low-security prison in Connecticut on Thursday to start her two-year sentence, CNBC reported. This follows her cooperation with federal prosecutors that contributed to the conviction of FTX founder Sam Bankman-Fried. дальше »
2024-11-8 20:58 | |
Caroline Ellison reports to federal prison to start sentence
Caroline Ellison, the former chief executive officer of Alameda Research, has begun her two-year prison sentence following her conviction related to the FTX crypto exchange collapse. Ellison, who reached a plea deal with U.S. prosecutors and served as the star… дальше »
2024-11-7 20:52 | |
Crypto for Advisors: Post Election Edition
As U.S. voters elected former President Donald Trump to be the nation's 47th president, the digital-asset market demonstrated its unique, real-time reaction capacity, surging on expectations of a crypto-friendly administration дальше »
2024-11-7 19:00 | |
Former FTX CTO Gary Wang Asks Court for No Jail Time
Gary Wang, the former chief technology officer at FTX and a one-time member of former CEO and convicted fraudster Sam Bankman-Fried’s inner circle, has requested that he serve no prison time for his role in the crypto exchange’s 2022 implosion. дальше »
2024-11-7 18:16 | |
Data sovereignty in blockchain era: Insights from former Oracle exec Zaldastani
Nicholas Zaldastani, former Oracle director, reflects on the explosive rise in data’s value since the late 1980s, when he recognized its strategic power and how blockchain technology can change the landscape. дальше »
2024-11-8 17:20 | |
The Protocol: Elections, Schmections. Blockchain's Got Work to Do
The blockchain industry might get a boost as former U.S. President Donald Trump wins a second term, promising to keep his promises, including a long list of Bitcoin- and crypto-related pledges. дальше »
2024-11-7 00:17 | |
Trump Election Win: A New Era for U.S. Crypto Policy?
Crypto markets surged Tuesday night as Bitcoin hit a new all-time high above $75,000, following NBC’s projection of wins for former president Donald Trump. дальше »2024-11-7 21:57 | |
Kamala Harris-linked KAMA token crashes 90% as Trump’s election win shakes PolitiFi
Digital tokens are traded in green today as Bitcoin hit new all-time highs during the US election. While Donald Trump-linked tokens flew to record highs on the former president’s early victory, Kamala Horris crashed. дальше »
2024-11-6 15:44 | |