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The figure is more than double recorded in the first half of 2022 and a massive 1,800% increase from the same period in 2020, according to Dunamu.
South Korean cryptocurrency exchange Upbit has been targeted by hackers on more than 159,000 occasions in the first half of 2023, according to its operating firm. The figures were repo...
11 months ago
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.
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
45 prospective jurors were narrowed down to 12 after they were asked to discuss their background, employment, education, partners, children and their age.
A pregnant physician’s assistant, a train conductor and a retired investment banker are reportedly among the 12 individuals who will eventually decide on the fate of former FTX CEO Sam Ban...
11 months ago
The Securities and Exchange Commission (SEC) on Wednesday afternoon announced a high-level appointment.
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
Challenging the SEC: Analyzing John Deaton and Nietzbux's Insights into Ripple's Legal Battle
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
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.
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
Crypto exchange Binance has played a major role in aiding Thailand’s Royal Police in identifying and cracking down on several crypto-related criminal networks.
The company told Cryptonews that Binance’s investigations team alongside the Cyber Crime Investigation Bureau (CCIB) and the Royal Thai Police's Central Investigatio...
11 months ago
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.
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
Sam Bankman-Fried's Cryptocurrency Empire Faces Jury Selection in Legal Battle
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
“That only shocks you if you don’t know Sam,” says author Michael Lewis regarding the revelation in his new book about Sam Bankman-Fried.
Former FTX CEO Sam “SBF” Bankman-Fried once looked into paying Donald Trump not to run for United States president, according to Michael Lewis, the author of a new book documenting t...
11 months ago
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