February 21, 2024
Bankman-Fried to Appear in Court for First Time Since Conviction
Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, is set to appear in court Wednesday (Feb. 21) for a hearing on his new lawyer’s possible conflict of interest. Bankman-Fried,...
February 20, 2024
Swiss Authorities Raid Crypto Hedge Fund Amid FTX Mismanagement
Geneva-based Tyr Capital Partners, a prominent hedge fund firm in the cryptocurrency industry, finds itself under scrutiny as Swiss prosecutors have launched a raid amidst accusations of “criminal” mismanagement. The...
February 18, 2024
Chainalysis: Crypto Money Laundering Plummets as Transactions Fall
Reduced cryptocurrency activity last year helped lead to a corresponding decline in crypto money laundering. That’s according to a recent report on crypto crime from blockchain data firm Chainalysis, which...
February 18, 2024
FTX Investor Suit Accuses Law Firm in Aiding Fraud
A new lawsuit accuses an FTX-affiliated law firm of helping abet the cryptocurrency exchange’s fraud. The suit, filed last week by a group of FTX investors, accuses the 140-year-old firm of Sullivan & Cromwell...
February 12, 2024
AI Took Over This Year’s Super Bowl Ads; It’s Coming...
The Super Bowl, which was broadcast in 190 countries around the world Sunday (Feb. 11), was more than just an overtime battle between the Kansas City Chiefs and the San...
February 07, 2024
‘Cryptofinance’ Might Be Replacing ‘Cryptocurrency,’ but Bitcoin Is Still Unreliable
Compared to the events of 2023, the cryptocurrency sector in 2024 could be considered relatively boring. U.S. regulators at the start of the year approved bitcoin exchange-traded funds (ETFs), and...
February 06, 2024
EU Drafts Paper Regarding Exceptions to MiCA Regulation
In a bid to address concerns raised by various stakeholders, the European Union (EU) has drafted a paper proposing exceptions to certain provisions outlined in the Markets in Crypto Assets...
February 02, 2024
Report: Identity Theft Indictments Include Conspirators in $400 Million FTX...
Three individuals have been indicted for their involvement in an identity theft conspiracy, which reportedly included a $400 million hack of cryptocurrency exchange FTX. The hack took place in November...
January 31, 2024
FTX Drops Plans to Resurrect Fallen Crypto Exchange
FTX reportedly hopes to pay back as many of its customers as it can. However, the advisers overseeing the cryptocurrency firm’s bankruptcy have no plans to resurrect the exchange, one of...