Cocoa bean trader who lost $100,000 to FTX was first witness in Sam Bankman-Fried trial

Sam Bankman-Fried’s trial is underway in New York, as prosecutors try to prove the crypto entrepreneur misused billions of dollars of client money.

Cocoa bean trader who lost $100,000 to FTX was first witness in Sam Bankman-Fried trial

Marc-Antoine Julliard typically trades cocoa beans. But in the spring of 2021, the London-based commodities broker decided to diversify into cryptocurrency trading. His platform of choice was FT...

11 months ago

SEC Promotes Longtime Gary Gensler Ally to Top Media Relations Post

The Securities and Exchange Commission (SEC) on Wednesday afternoon announced a high-level appointment.

SEC Promotes Longtime Gary Gensler Ally to Top Media Relations Post

The cryptocurrency industry needs more friends in high places, but the Securities and Exchange Commission (SEC) continues to ramp up its crypto-skeptic personnel and resources.

11 months ago

Ripple vs. SEC: John Deaton Sheds Light on the Weaknesses of the SEC’s Case Against XRP

Challenging the SEC: Analyzing John Deaton and Nietzbux's Insights into Ripple's Legal Battle

Ripple vs. SEC: John Deaton Sheds Light on the Weaknesses of the SEC’s Case Against XRP

Recently, a series of tweets by John Deaton, the Founder of CryptolawUS and a prominent lawyer representing XRP holders. Nietzbux, a famous crypto enthusiast, ignited conversations about the fla...

11 months ago

HKEX Unveils 'Synapse' Platform Using Smart Contracts for Enhanced Equities Settlement

On Wednesday, October 4, Hong Kong Exchanges and Clearing Limited (HKEX) introduced an upgraded version of its Stock Connect program called "Synapse."

HKEX Unveils 'Synapse' Platform Using Smart Contracts for Enhanced Equities Settlement

Synapse leverages smart contracts written in the DAML programming language to automate post-trade workflows and mitigate settlement risks, thereby enhancing operational efficiency in the equitie...

11 months ago

TON raises 8-figure sum from MEXC to make Telegram a Web3 super-app

Telegram founder Pavel Durov has repeatedly pointed out the role of the TON blockchain in Telegram’s potential Web3 journey.

TON raises 8-figure sum from MEXC to make Telegram a Web3 super-app

The Open Network (TON) — a decentralized blockchain platform initially designed by Telegram — has secured major funding from the venture arm of the cryptocurrency exchange MEXC. ...

11 months ago

Google's Gradient Ventures Leads $3.5 Million Investment in Humata AI

Humata AI Raises $3.5 Million Led by Google’s Gradient Ventures

Aiming to be the next big name in artificial intelligence-powered productivity, Austin-based startup Humata AI said on Monday that it had raised $3.5 million in funding led by Google&r...

11 months ago

Another Massive Win for Ripple (XRP): Judge Torres Dismissed SEC’s Appeal

The presiding judge, Analisa Torres, tossed SEC’s appeal and set a date for trial.

Another Massive Win for Ripple (XRP): Judge Torres Dismissed SEC’s Appeal

XRP surged 5% after a judge dismissed the SEC’s appeal in its case against Ripple, ruling in Ripple’s favor in July. The SEC failed to prove substantial difference...

11 months ago

Sam Bankman-Fried: Trial of 'Crypto King' begins

Former crypto billionaire Sam Bankman-Fried is staring down decades in prison, as his trial over what has been called one of the biggest financial frauds in US history gets under way.

Sam Bankman-Fried: Trial of 'Crypto King' begins

Opening arguments in the case are expected later in New York, after jury selection on Tuesday. The 31-year-old, who once ran one of the world's biggest cryptocurrency exchanges, is...

11 months ago

Celsius Network Seeks Final Court Approval to Begin Customer Repayments by Year-End

During an October 2 hearing regarding the approval of its reorganization plan, the bankrupt crypto lender, Celsius Network, informed a judge of its intention to initiate repayments to its customers by the end of the year.

Celsius Network Seeks Final Court Approval to Begin Customer Repayments by Year-End

As per a report by Bloomberg, Celsius' recovery strategy involves transitioning into a user-owned Bitcoin mining operation named "NewCo." The company expressed its aim to retu...

11 months ago

Jury selection to begin in trial of fallen cryptocurrency mogul Sam Bankman-Fried

Sam Bankman-Fried's Cryptocurrency Empire Faces Jury Selection in Legal Battle

Jury selection to begin in trial of fallen cryptocurrency mogul Sam Bankman-Fried

NEW YORK (AP) — Sam Bankman-Fried, a tech wunderkind who once promoted his FTX digital coin exchange as a safe way for regular people to get into cryptocurrency, faces the start of a ...

11 months ago

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