Search results for "ftx"

June 03, 2024
Sam Bankman-Fried to Remain in Brooklyn Prison to Prepare Appeal

Sam Bankman-Fried is reportedly back in a prison in Brooklyn after the Bureau of Prisons (BOP) began moving him to a facility in California, the state in which his parents...


June 03, 2024
Use Cases for Blockchain Gain Momentum as User Experience Simplifies

End-users of technologies don’t want to think — they just want to use. And out-of-the-box usability is particularly essential when it comes to next generation innovations disrupting payments and commerce....


June 03, 2024
President Biden Vetoes Crypto Custody Bill

By: Anthony Ha (TechCrunch) President Joe Biden has vetoed H.J.Res. 109, a congressional resolution aimed at overturning the Securities and Exchange Commission’s (SEC) current stance on banks and crypto. The...


May 29, 2024
Triple-A Taps PayPal’s Stablecoin to Double Payments Volume

Singapore-based financial institution Triple-A is adding PayPal’s PYUSD stablecoin to its payment services. The move, announced Wednesday (May 29), will let the company’s clients accept the stablecoin as a payment method, and facilitate cross-border payments using...


May 28, 2024
Ex-FTX Exec Ryan Salame Sentenced to 7.5 Years in Prison...

The former CEO of FTX’s Bahamas subsidiary was sentenced Tuesday (May 28) to a prison term longer than the prosecutors had asked for. Ryan Salame was sentenced to 7.5 years...


May 23, 2024
Can Crypto’s Political Tailwinds Drive True Digital Asset Utility?

In the Bahamas, convicted cryptocurrency criminal Sam Bankman-Fried’s one-time penthouse is up for sale. Meanwhile, in the United States, the House of Representatives passed the Financial Innovation and Technology for the 21st Century (FIT21) Act (H.R....


May 20, 2024
Bankruptcy Court Approves Genesis Settlement With NY Attorney General

Cryptocurrency firm Genesis has been banned from operating in New York and will pay a settlement worth $2 billion, the Office of the New York State Attorney General (NYAG) said in a Monday (May 20) press release....


May 20, 2024
VC Investment in Crypto Hits $2.4 Billion After Long Decline

Venture capital investment in cryptocurrency companies is reportedly increasing after nearly two years of cooling. Investment in these companies climbed to $2.4 billion during the first three months of this year, Reuters...


May 19, 2024
Alaska Airlines Seeks Dismissal of Consumer Lawsuit Over $1.9 Billion...

On Friday, Alaska Airlines petitioned a U.S. judge to dismiss a consumer lawsuit challenging its planned $1.9 billion acquisition of Hawaiian Airlines. The airline argued that the transaction would not...