That's how long crypto wunderkind Sam Bankman-Fried was sentenced to prison on Thursday after being convicted of seven counts of fraud over the collapse of a crypto exchange that was once seen as a ...
Japan Index Falls While Asia And Europe Markets Rises, And Gold Exceeds $2,220 – Global Markets Today While US Slept
The Dow Jones Industrial Average gained 1.22% to close at 39,760.08. The S&P 500 was up 0.86%, ending the day at 5,248.49, while the Nasdaq Composite rose 0.51%, finishing the session at 16,399.52.
Sam Bankman-Fried, Once Crypto Royalty, Awaits Sentence in Fraud Case
The sentencing for crimes connected to the collapse of the FTX crypto exchange caps the meteoric rise and fall of the onetime crypto king.
Amid Bitcoin Fog Operator Conviction, Are Crypto Mixers Now Illegal?
Sterlingov, operator of Bitcoin Fog, was found guilty and faces up to 50 years in prison for money laundering and operating a money services business without a license.
Japan stocks lower at close of trade; Nikkei 225 down 1.57%
Japan stocks were lower after the close on Thursday, as losses in the Shipbuilding, Power and Fishery sectors led shares lower. At the close in Tokyo, the Nikkei 225 declined 1.57%. The best ...
Japan’s Nikkei falls on discounting for dividend, currency intervention caution
TOKYO, March 28 (Reuters) - Japan's Nikkei share average fell on Thursday as numerous stocks were discounted for dividend rights before the fiscal year end, while caution over a potential currency ...
Japan’s Nikkei falls over 1% amid currency intervention caution
TOKYO: Japan’s Nikkei share average fell more than 1% on Thursday as a majority of the companies in the index traded ex-dividend, while investors remained cautious in anticipation of local authorities ...
Wall Street Banks Warn of Near-Term Selling Pressure for Japan’s Leading Stocks
The analysis from U.S. banks Morgan Stanley and JP Morgan highlights concerns about potential overheating in Japan’s equity markets, particularly in relation to overcrowded long positions in ...
Dethroned crypto king Sam Bankman-Fried to be sentenced for defrauding FTX investors
Former crypto mogul Sam Bankman-Fried faces the potential of decades in prison when he is sentenced for his role in the 2022 collapse of FTX.
Sam Bankman-Fried: Disgraced ‘Crypto King’ to be sentenced
Fried, the former billionaire crypto boss who was convicted of fraud and money laundering last year, will return to court in New York on Thursday to be sentenced for his crimes. It is certain the ...
‘The Circle Will Be Complete’—Elon Musk Issues A Shock Prediction That Could Cause Bitcoin, Ethereum, XRP, Dogecoin and Crypto Price Chaos
The bitcoin price has topped $70,000 per bitcoin, pushing up the price of other major cryptocurrencies ethereum and XRP as well as boosting the likes of the meme-based dogecoin— which Tesla ...
Judge in Coinbase case endorses SEC’s crypto regulation-by-enforcement strategy
In a ruling on Tuesday that allows the U.S. Securities and Exchange Commission to proceed with its case against crypto exchange Coinbase, a Manhattan federal judge threw a bucket of ice-cold water on ...
Founder Of AI-Driven Japanese Discount Supermarket Chain Becomes A Billionaire
Last week’s listing of discount supermarket chain Trial Holdings, which raised $258 million, was Japan’s largest IPO so far this year. Shares of the retailer have jumped 41% since their debut on Tokyo ...
Japan repeats verbal warning against yen bears, BOJ keeps dovish tone
the Ministry of Finance signaled that an intervention in the foreign exchange markets is imminent," said Marcel Thieliant, head of Asia-Pacific at Capital Economics. "However, the yen will certainly ...
Judge’s New SEC V. Coinbase Ruling Raises U.S. Crypto Policy Questions
U.S. District Court Judge ruled on SEC v. Coinbase today, arguing crypto is not as important as other economic sectors and the SEC regulation by enforcement is ok in U.S.
Japan’s leading stocks could face near-term selling pressure, Wall Street banks say
Japan's top-performing stocks are at risk of a sell-off because of overcrowded long positions in liquid and large companies, strategists from U.S. banks Morgan Stanley and JP Morgan say. Quantitative ...