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30 Results found for crypto

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Disgraced crypto mogul Sam Bankman-Fried, one of the top donors to the Democrat Party, was convicted on all felony counts Thursday evening in federal court in New York City.
Disgraced crypto mogul Sam Bankman-Fried, one of the top donors to the Democrat Party, was convicted on all felony counts Thursday evening in federal court in New York City.
 
A popular cryptocurrency influencer was declared missing last week, and his body was found dismembered in a suitcase over the weekend.
A popular cryptocurrency influencer was declared missing last week, and his body was found dismembered in a suitcase over the weekend.
 
Have you gotten into cryptocurrency? Here’s a new angle to watch out for: exchanging your currency.
Have you gotten into cryptocurrency? Here’s a new angle to watch out for: exchanging your currency.
 
FTX, the bankrupt cryptocurrency exchange formerly led by Sam Bankman-Fried, collapsed as a result of mismanagement from senior executives, according to an interim report from attorneys charged with managing the bankruptcy.
FTX, the bankrupt cryptocurrency exchange formerly led by Sam Bankman-Fried, collapsed as a result of mismanagement from senior executives, according to an interim report from attorneys charged with managing the bankruptcy.
 
Currency experts in both the public and private sectors are now warning all investors to shy away from buying cryptocurrency, declaring it a complex scam hidden beneath a financially precarious investment.
Currency experts in both the public and private sectors are now warning all investors to shy away from buying cryptocurrency, declaring it a complex scam hidden beneath a financially precarious investment.
 
FTX co-founder Sam Bankman-Fried was charged by the Justice Department in a superseding indictment on Tuesday of allegedly paying millions of dollars of bribes to a member of the Chinese communist government.
FTX co-founder Sam Bankman-Fried was charged by the Justice Department in a superseding indictment on Tuesday of allegedly paying millions of dollars of bribes to a member of the Chinese communist government.
 
Officials at the Commodity Futures Trading Commission, also known as the CFTC, filed a civil enforcement action against Binance CEO Changpeng Zhao and three entities with the company for “numerous violations” of the law.
Officials at the Commodity Futures Trading Commission, also known as the CFTC, filed a civil enforcement action against Binance CEO Changpeng Zhao and three entities with the company for “numerous violations” of the law.
 
Local man Brad Sandlin thanked his lucky stars today that he had the foresight to take his money out of cryptocurrency and instead keep it safe in Silicon Valley Bank.
Local man Brad Sandlin thanked his lucky stars today that he had the foresight to take his money out of cryptocurrency and instead keep it safe in Silicon Valley Bank.
 
Some federal regulators, including Securities and Exchange Commission Chairman Gary Gensler, have cracked down on a number of cryptocurrency firms as lawmakers and agencies seek to introduce regulations in the nascent sector.
Some federal regulators, including Securities and Exchange Commission Chairman Gary Gensler, have cracked down on a number of cryptocurrency firms as lawmakers and agencies seek to introduce regulations in the nascent sector.
 
Bitcoin casinos are extremely popular because of a number of factors. Most important is the fact that these sites process transactions more quickly and at a lesser cost. Additionally, they offer bonus offers to players. They are also simpler to use and more fair.
Bitcoin casinos are extremely popular because of a number of factors. Most important is the fact that these sites process transactions more quickly and at a lesser cost. Additionally, they offer bonus offers to players. They are also simpler to use and more fair.
 
Regulators advised banks and other financial institutions to avoid cryptocurrencies, a warning that comes after the implosion of digital asset company FTX and deliberations over a possible central bank digital currency in the United States.
Regulators advised banks and other financial institutions to avoid cryptocurrencies, a warning that comes after the implosion of digital asset company FTX and deliberations over a possible central bank digital currency in the United States.
 
Reporters asked White House Press Secretary Karine Jean-Pierre on Tuesday about the several meetings top Biden administration officials held with former FTX CEO Sam Bankman-Fried, who faces several fraud and money laundering charges.
Reporters asked White House Press Secretary Karine Jean-Pierre on Tuesday about the several meetings top Biden administration officials held with former FTX CEO Sam Bankman-Fried, who faces several fraud and money laundering charges.
 
Former FTX CEO Sam Bankman-Fried pleaded not guilty to multiple charges stemming from the collapse of his cryptocurrency empire.
Former FTX CEO Sam Bankman-Fried pleaded not guilty to multiple charges stemming from the collapse of his cryptocurrency empire.
 
Former FTX CEO Sam Bankman-Fried will be released on $250 million bail, a federal judge ruled on Thursday.
Former FTX CEO Sam Bankman-Fried will be released on $250 million bail, a federal judge ruled on Thursday.
 
The case of defunct cryptocurrency exchange FTX and now-broke multibillionaire founder Sam Bankman-Fried is among the most intriguing stories of alleged financial crime in decades.
The case of defunct cryptocurrency exchange FTX and now-broke multibillionaire founder Sam Bankman-Fried is among the most intriguing stories of alleged financial crime in decades.
 
Current FTX CEO John Ray III, an attorney managing the bankruptcy proceedings of the cryptocurrency company founded by Sam Bankman-Fried, is earning $1,300 per hour in his current position and paying three additional executives $975 per hour each.
Current FTX CEO John Ray III, an attorney managing the bankruptcy proceedings of the cryptocurrency company founded by Sam Bankman-Fried, is earning $1,300 per hour in his current position and paying three additional executives $975 per hour each.
 
Celebrity investor Kevin O’Leary testified before the Senate Banking Committee on Wednesday regarding the collapse of cryptocurrency exchange FTX, which he had promoted to the public.
Celebrity investor Kevin O’Leary testified before the Senate Banking Committee on Wednesday regarding the collapse of cryptocurrency exchange FTX, which he had promoted to the public.
 
Former FTX CEO Sam Bankman-Fried agreed on Friday to testify before the House Financial Services Committee next week.
Former FTX CEO Sam Bankman-Fried agreed on Friday to testify before the House Financial Services Committee next week.
 
Sen. Elizabeth Warren (D-MA) and Sen. Tina Smith (D-NM) asked the Federal Reserve to examine the banking system’s exposure to cryptocurrencies amid continued fallout from defunct company FTX.
Sen. Elizabeth Warren (D-MA) and Sen. Tina Smith (D-NM) asked the Federal Reserve to examine the banking system’s exposure to cryptocurrencies amid continued fallout from defunct company FTX.
 
Canadian celebrity investor Kevin O’Leary said that he lost his entire $15 million payout from FTX, the defunct cryptocurrency exchange for which he was an ambassador.
Canadian celebrity investor Kevin O’Leary said that he lost his entire $15 million payout from FTX, the defunct cryptocurrency exchange for which he was an ambassador.
 
Members of the Senate Agriculture Committee discussed the collapse of cryptocurrency exchange FTX in a Thursday hearing, during which a top regulator acknowledged that he met with former CEO Sam Bankman-Fried on multiple occasions.
Members of the Senate Agriculture Committee discussed the collapse of cryptocurrency exchange FTX in a Thursday hearing, during which a top regulator acknowledged that he met with former CEO Sam Bankman-Fried on multiple occasions.
 
“Gotham” actor Ben McKenzie made it clear on Tuesday that he was not interested in joining the cryptocurrency revolution, calling the digital currency industry “the largest Ponzi scheme in history.”
“Gotham” actor Ben McKenzie made it clear on Tuesday that he was not interested in joining the cryptocurrency revolution, calling the digital currency industry “the largest Ponzi scheme in history.”
 
Current FTX CEO John Ray III, an attorney overseeing the bankruptcy of the defunct cryptocurrency exchange, testified before the House Financial Services Committee on Tuesday after former FTX CEO Sam Bankman-Fried was arrested and charged with financial crimes.
Current FTX CEO John Ray III, an attorney overseeing the bankruptcy of the defunct cryptocurrency exchange, testified before the House Financial Services Committee on Tuesday after former FTX CEO Sam Bankman-Fried was arrested and charged with financial crimes.
 
"There is no sugarcoating it. The collapse has been a dumpster fire. Users left out to dry. Ecosystem in limbo." - Rep. Patrick McHenry, R-NC.
"There is no sugarcoating it. The collapse has been a dumpster fire. Users left out to dry. Ecosystem in limbo." - Rep. Patrick McHenry, R-NC.
 
JPMorgan Chase CEO Jamie Dimon compared cryptocurrencies to “pet rocks” on Tuesday and said that the nascent sector is the recipient of undue attention.
JPMorgan Chase CEO Jamie Dimon compared cryptocurrencies to “pet rocks” on Tuesday and said that the nascent sector is the recipient of undue attention.
 
The case of defunct cryptocurrency exchange FTX and now-broke multibillionaire founder Sam Bankman-Fried is among the most intriguing stories of alleged financial crime in decades, rivaling the heists executed by financier Bernie Madoff and startup darling Elizabeth Holmes.
The case of defunct cryptocurrency exchange FTX and now-broke multibillionaire founder Sam Bankman-Fried is among the most intriguing stories of alleged financial crime in decades, rivaling the heists executed by financier Bernie Madoff and startup darling Elizabeth Holmes.
 
Law enforcement in the Bahamas revealed on Thursday that officials seized assets belonging to defunct cryptocurrency platform FTX and moved them to a government-controlled wallet for “safekeeping.”
Law enforcement in the Bahamas revealed on Thursday that officials seized assets belonging to defunct cryptocurrency platform FTX and moved them to a government-controlled wallet for “safekeeping.”
 
As some reports claimed that executives at defunct cryptocurrency platform FTX engaged in rampant drug use and boasted a network of intertwined romantic relationships, a psychologist who worked closely with company leadership denied such allegations.
As some reports claimed that executives at defunct cryptocurrency platform FTX engaged in rampant drug use and boasted a network of intertwined romantic relationships, a psychologist who worked closely with company leadership denied such allegations.
 
The Federal Reserve Bank of New York began a simulated digital currency initiative on Tuesday alongside multiple major banks as the cryptocurrency sector descends into chaos.
The Federal Reserve Bank of New York began a simulated digital currency initiative on Tuesday alongside multiple major banks as the cryptocurrency sector descends into chaos.
 
After the spectacular crash in the cryptocurrency market this week, Matt Damon and his publicists worked overtime to produce a new commercial to apologize for convincing amateurs to invest in cryptocurrency.
After the spectacular crash in the cryptocurrency market this week, Matt Damon and his publicists worked overtime to produce a new commercial to apologize for convincing amateurs to invest in cryptocurrency.
 
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