US prosecuters submitted a letter to a New York federal court Friday that it doesn’t plan to proceed with a second trial against disgraced FTX founder Sam Bankman-Fried.
Sam Bankman-Fried will not face second trial after multibillion-dollar crypto fraud conviction
US prosecutors say ‘strong public interest’ in prompt resolution of case against 31-year-old outweighs benefits of second trial ...
Crypto miner Marathon Digital’s shares fall nearly 18%, on pace for worst day since January
Shares of crypto miner Marathon Digital Holdings fell nearly 18% to as low as $23.07 on Friday afternoon, putting the stock on pace for its worst day since Jan. 18 after logging an impressive rally earlier this month.
Here are the biggest crypto stories of 2023
In 2023, crypto industry onlookers were shocked by high-profile arrests and Sam Bankman-Fried’s trial but also given hope by a flurry of spot Bitcoin ETF applications and rebounding prices.
India to block crypto exchanges Binance, Kraken websites
Financial Intelligence Unit, an Indian government agency which scrutinizes financial transactions, said Thursday nine global crypto exchanges -- including Binance, Kraken, Kucoin and Mexc -- are operating "illegally" in the country without complying with the local anti-money laundering act and asked the IT Ministry to block their websites.
FIU issues notices to 9 offshore crypto platforms, asks MeiTY to block URLs
The regulation casts reporting, record keeping, and other obligations on the VDA SPs under the PML Act which also includes registration with the FIU IND, the finance ministry said.
India to ban URLs of 9 crypto exchanges including Binance for non-compliance with anti-money laundering law
The Financial Intelligence Unit has sent a show cause notice to nine offshore cryptocurrency exchanges after they were allegedly found to be illegally operating in India by not complying with the country's anti-money laundering law.
‘Operating illegally’: India’s Financial Intelligence Unit asks IT Ministry to block URLs of Binance, 8 other offshore crypto platforms
Besides Binance, notice has been issued to Kucoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global, and Bitfinex.
Dealmakers Crave A Comeback
In both corporate finance categories, it was the technology sector that enjoyed the most action. Tech deals totaled $453 billion in 2023, with semiconductor manufacturer Broadcom’s $69 billion ...
Japan Acquires US Steel Rival
Consolidation continues in the manufacturing sector, with Japan’s largest steel-maker Nippon Steel acquiring rival US Steel for $14.9 billion. After months of negotiations, the Tokyo-based company ...
Crypto Options Trading Volume Hits Record as ETF Deadline Nears
This year’s massive rebound in cryptocurrencies is firing up the digital-asset derivatives market.
Former Actor Who Became a Crypto Evangelist Loses Beach Hotel in Feud
Brock Pierce, a crypto entrepreneur and former child actor who has poured millions into Puerto Rico real estate, is embroiled in a legal battle over one of his most valuable properties.
Crypto Wallet Linked to Donald Trump Sent $2.4M in Ether to Coinbase
A wallet linked to former U.S. President Donald Trump moved over $2.4 million worth of ether (ETH) to crypto exchange Coinbase in the past few
This Cathie Wood Stock Has Growth and Value Written All Over It for 2024
Cathie Wood's flagship exchange-traded fund (ETF), the ARK Innovation ETF, hit a 52-week high on Dec. 20 as investor sentiment has turned favorable for many of the fund's ultra-growth holdings. However,
Japanese Stocks Enjoy Best Year in a Decade
Japan’s Nikkei Stock Average fell slightly Friday but still had its best year in a decade, finishing up 28% at 33464.17. That was the best performance since a 57% rise in 2013. With [the help of value ...
UPDATE 2-Japan’s Monex to buy majority stake in 3iQ for $39.8 million
Dec 28 (Reuters) - Japan-based brokerage firm Monex Group said on Thursday it will acquire a majority stake in Canada's 3iQ Digital Holdings for $39.8 million, to boost its appeal to crypto-hungry ...