January 03, 2023
FTX Founder Sam Bankman-Fried Claims Innocence in Federal Arraignment
Disgraced crypto executive Sam Bankman-Fried has pled “not guilty” to criminal charges brought against him. In a Manhattan federal courtroom on Tuesday (Jan. 3), the FTX founder and former CEO,...
January 03, 2023
How CBDCs Can Benefit From Banks’ Expertise
Public-private partnerships have yielded great things from railroads to universities, and now they stand to be a transformative force in the future of central bank digital currencies (CBDCs). This is...
January 03, 2023
IRS Cultivating Ties With Crypto Companies to Combat Fraud
The Internal Revenue Service (IRS) is reinforcing its efforts to combat fraud in the cryptocurrency sector. The Wall Street Journal (WSJ) reported Tuesday (Jan. 3) that the IRS Criminal Division...
January 03, 2023
Sam Bankman-Fried Asks Judge to Redact Names of Bail Guarantors
Sam Bankman-Fried doesn’t want the public to know who’s helping him stay free on bail. Lawyers for the founder and former CEO of bankrupt cryptocurrency exchange FTX asked a judge...
January 03, 2023
Report: FTX Founder Sam Bankman-Fried Will Plead Not Guilty
FTX founder Sam Bankman-Fried will likely plead not guilty to defrauding the firm’s investors. That’s according to a report published by Reuters Tuesday (Jan. 3), the same day Bankman-Fried is...
January 03, 2023
Call Centers Become Prime Target for Identity Fraud
Retail call centers are the front line of consumer queries and the favorite new target for identity fraud. Daniel Flowe, head of identity strategy at Refinitiv, told PYMNTS that while...
January 02, 2023
Prosecutors Suspicious of Bankman-Fried Crypto Wallets
Prosecutors are reportedly investigating transactions involving crypto wallets associated with Sam Bankman-Fried. Blockchain analysts have spotted more than $1 million being moved from these accounts over the last several days,...
January 02, 2023
Brazilian President Signs Bill Creating Crypto Regulations
Brazilian President Jair Bolsonaro has signed a bill creating crypto payment regulations. Bolsonaro made no modifications to the bill approved by Congress before signing it into law on Thursday (Dec....
January 02, 2023
Bahamas Securities Commission Reports Seizing $3.5B In FTX Assets
The Bahamas’ Securities Commission seized $3.5 billion from FTX just after the company’s bankruptcy. The regulator announced the seizure Thursday (Dec. 29), saying the cryptocurrency funds were moved from FTX...
