For much of the past year, crypto has been struggling to crawl out from FTX’s shadow, and there’s no shortage of schadenfreude going around now that Bankman-Fried is facing a prison sentence.
Factbox-The other crypto bosses in US authorities’ crosshairs
Onetime crypto poster child Sam Bankman-Fried was on Thursday found guilty of defrauding customers of his now-bankrupt crypto exchange FTX, in a high-profile criminal case that rocked the industry. But he's not the only one in regulators' sights.
SBF Is Headed to Prison But FTX Will Haunt the Crypto Community For Years
Sam Bankman-Fried may be headed to prison but the story of FTX is far from over. Indeed, like an evil spirit, the exchange seems destined to haunt the crypto community for the rest of its days. Not only has the company’s downfall shattered faith in what ...
Coinbase says bitcoin ETF will ‘add credibility,’ ‘increased liquidity’ to crypto market
We are ready to hit the ground running,” Coinbase Chief Operating Officer Emilie Choi said in an earnings call.
How Sam Bankman-Fried’s ex-girlfriend helped topple the crypto king
Sam Bankman-Fried is staring down a future of a life behind bars after he was convicted on all charges at his fraud trial. His former girlfriend – and accomplice – Caroline Ellison played a key role in bringing him down.
Power and Money: Thoughts from Digital Realty’s CEO
Mary Hogan Preusse is chairwoman of Digital’s board, and remains one of a very few chairwomen in the Standard & Poors 500, says Power. “What keeps us up at night is how we bring more talent into our ...
SBF’s conviction is the final nail in the coffin for crypto bros hoping to get rich quick
Sam Bankman-Fried was found guilty of all seven charges. Crypto's future lies in regulation, spelling the end of the industry's Wild West era.
Column: Sam Bankman-Fried’s seven guilty verdicts expose crypto as a swindle through and through
It took a federal court jury barely four hours Thursday to find crypto scam artist Sam Bankman-Fried guilty of seven counts of fraud and conspiracy. He was undone partially by a crack team of federal prosecutors who laid out a clear, simple paint-by-numbers picture of his crimes for the jurors, but mostly by his own ...
Japan, Philippines Agree to Intensify Defense Cooperation
Japanese Prime Minister Kishida’s visit to Manila saw the continued expansion of Japan-Philippines military cooperation.
‘Everything’s Going To Rally’—Huge Predicted Fed Flip To Spark ‘Exponential’ Bitcoin, Ethereum, XRP And Crypto Price Boom To Rival Gold
Bitcoin and cryptocurrencies—including ethereum and XRP—have rocketed higher this month (with one legendary billionaire admitting he should have bought bitcoin).
After Utah-based crypto company grows to $9 billion value, its CEO is arrested in Provo for fraud
Braden John Karony, Kyle Nagy and Thomas Smith, executives of the Utah-based cryptocurrency company SafeMoon, are charged with fraud and misleading investors. Karony was arrested in Provo.
Want Crypto Adoption? Give Consumers What They Really Want
It’s time to accept consumers for who they really are, and give them what they really want, which is money, status and functionality, says Magalena Kala.
5 things to know for Nov. 3: Israel, Crypto, Trump fraud trial, Chemical ban, Holiday shopping
On Sunday, clocks will fall back an hour due to Daylight Saving Time. Your smartphones will automatically change to the new time, but some of your home appliances, alarm clocks, and other electronic gadgets may require manual adjustments. Here’s what else you need to know to Get Up to Speed and On with Your Day ...
Is The Blockchain Trilemma A Nothing Burger?
We tend to think of new technology as bursting on a scene and suddenly transforming everything it touches. But that is something of a compression of reality.
PayPal gets crypto green light in UK as sets up post-Brexit base
PayPal has been registered to offer cryptoasset activities in Britain, the Financial Conduct Authority said on its website, as the global payments giant builds a post-Brexit base in Britain.
Tread Carefully in a Hot IPO Market
And the reception from investors has been bullish. Maybe too bullish, IPO watchers warn. “There’s definitely froth” in the market, says Lindsey Bell, chief investment strategist at Ally Invest.