Regulation
FTX Founder Sam Bankman-Fried Arrested, Bahamas Says
The Royal Bahamas Police Force arrested FTX founder Sam Bankman-Fried, a press statement said. Source link
Month: December 2022
Ethereum
US Senators Rebuke Sam Bankman-Fried for Refusing Invitations to Testify
Former FTX CEO Sam Bankman-Friend has rebuffed attempts from the top members of the Senate Banking Committee to get him to testify, despite a willingness to participate in several other interviews and a similar hearing […]
Bitcoin
Why The GBTC Discount Could Lead To A Bitcoin Sell-Off
Grayscale Bitcoin Trust (GBTC) remains the largest bitcoin trust in the world with billions of dollars worth of BTC, but in the last year, the trust has had a hard time keeping up with the […]
Regulation
Fugitive Do Kwon Now Staying in Serbia Report Says — Terraform Labs CEO Suggests SBF Is to Blame for UST Depeg – Regulation Bitcoin News
A new report has claimed that Do Kwon, the fugitive CEO of Terraform Labs, is currently staying in Serbia. The report added that the South Korean government has engaged the Serbian government regarding the matter. […]
Altcoin
South Korea Authorities Say Terra’s Do Kwon Is In Serbia, Calls On Government For Help
The hunt for Terra founder Do Kwon has been ongoing for months now since the network collapsed. South Korean authorities continue their search and have already gone as far as invalidating Kwon’s passport but he […]
Ethereum
Terra Validators Grant $900K to Security Auditor SCV
SCV will try to maintain a “bare minimum” of security across the Terra ecosystem. Source link
Bitcoin
SEC Strikes Back in Grayscale Suit Over GBTC ETF Conversion
The SEC is holding firm that its decision to reject Grayscale’s bitcoin ETF bid was proper. Source link
Market Analysis
What’s Behind MAGIC 80% Price Increase?
The MAGIC price increased by nearly 80% on Dec. 12. However, it is in the process of creating a long upper wick. The MAGIC price may have reached a local top. MAGIC is the native […]
Regulation
FTX US ‘Was Not Independent’ of Parent Company, New FTX CEO Will Say in House Testimony
John Ray III, who assumed leadership of the company last month hours before it filed for bankruptcy protection, will tell the House Financial Services Committee that his new team has so far secured over $1 […]
Ethereum
Crypto Mining In Cuba Suffers Owing To Electricity Crisis
Cryptocurrency mining in Cuba has been interrupted for some time due to the electricity crisis on the Caribbean island. Several parts of Cuba have experienced repeated blackouts, which have made mining rigs in Cuba unsustainable […]