September 15, 2024
Bankman-Fried Says ‘Rush to Judgment’ Prevented Fair Trial
FTX co-founder Sam Bankman-Fried wants a new trial, arguing a federal judge hamstrung his defense. Attorneys for the disgraced cryptocurrency CEO contend that “everyone rushed to judgment” after FTX’s implosion...
September 11, 2024
This Week in Web3: Crypto Scams and Payments Surge
Cryptocurrencies were created to address supposed pain points across the financial system. By decentralizing transaction verification and record-keeping through a distributed ledger, blockchain-based digital assets remove the need for intermediaries...
September 11, 2024
Caroline Ellison Seeks Leniency After FTX Fraud Cooperation
Former cryptocurrency executive Caroline Ellison has requested that a federal judge not impose a prison sentence following her guilty plea for involvement in the $8 billion fraud tied to Sam...
September 11, 2024
Caroline Ellison Seeks No Jail Time in FTX Case
Caroline Ellison hopes to avoid prison time for her role in the FTX collapse. Ellison, the former CEO of FTX sister company Alameda Research, should be sentenced to time served...
September 05, 2024
Thoma Bravo Becomes Giant Tech Investor, Steers Clear of Blockchain
Thoma Bravo Founder and Managing Partner Orlando Bravo said Thursday (Sept. 5) that while blockchain technology has promise, he and his firm are steering clear of companies and products in that space....
August 22, 2024
Crypto’s 2024 Corporate Election Spending Dwarfs All Other Sectors
Regulatory clarity within the United States is one of the cryptocurrency industry’s top goals. The sector isn’t scared of spending big to get closer to it, a Wednesday (Aug. 21)...
August 22, 2024
Former FTX Exec Salame Says Feds Not Honoring Plea Deal
Last year former FTX executive Ryan Salame cut a deal with federal prosecutors. Now, Salame says the government is not holding up its end of the bargain, and is asking a judge...
August 14, 2024
This Week in Web3: Blockchain Looks to Create, Not Just...
Blockchain, at this point a significant industry, perpetually appears to be on the verge of mainstream acceptance. Its promise of delivering benefits such as easier access to financial products and...
August 12, 2024
CFTC: Cost Management Solutions Must Pay $100,000 for Failing to...
The Commodity Futures Trading Commission (CFTC) said Monday (Aug. 12) that it required Cost Management Solutions (CMS) to pay a $100,000 civil monetary penalty after finding that the company failed...