FTX saga ends as Sam Bankman-Fried gets 25 years in prison: Law Decoded
SBF became the first person tied to FTX and Alameda Research to face prison time following the collapse of the exchange in November 2022.
SBF became the first person tied to FTX and Alameda Research to face prison time following the collapse of the exchange in November 2022.
The statement to the media may be one of the last the former FTX CEO made before going to a federal prison, which was suggested to be in the San Francisco Bay Area.
Bitkub targets to go public on the Stock Exchange of Thailand in 2025 and is planning to hire 1,000 employees by IPO launch.
Consensys highlighted that Ethereum boasts a larger developer community than Bitcoin and operates on a fully transparent and public blockchain.
Roman Storm’s lawyers argued that the charges are “fatally flawed” and must be dismissed, given “there was nothing” Storm could have done to prevent sanctioned entities from using the crypto mixer.
The judge endorsed a “worldwide freezing order” by the Crypto Open Patent Alliance to address its total court expenses amounting to 6.7 million British pounds ($8.4 million).
Investors must have assets under management exceeding $1.1 million or a net worth over $2.2 million to qualify for Grayscale’s Dynamic Income Fund.
Custodia Bank argued that without a master account, it is a “second-class citizen” at the mercy of an intermediary bank.
Two U.S. financial regulators cannot seem to reach a consensus on how to treat certain cryptocurrencies as securities or commodities.
Will the former FTX CEO actually be in federal prison until he’s 57 years old? Will anything change in regard to FTX users getting their funds?