A new indictment charges Bankman-Fried with attempting to use more than $40 million in cryptocurrency to buy off one Chinese government official to unlock frozen funds tied to Alameda Research.
Galaxy Digital CEO's concern may have been rooted in his fear that artificial intelligence will start a "deep fake" identity problem.
How and why Bitcoin is managing to stay buoyant in this harsh environment is a mystery to many.
"The state of the U.S. financial system remains sound despite recent events," Federal Reserve Vice Chair of Supervision Michael Barr assured the public.
Just weeks after Do Kwon's name was included in Interpol's red notice list, he registered a company providing consultancy services and paid 100 Serbian dollars or around $0.92, a report said.
Saylor, who is now MicroStrategy's executive chairman, started investing in Bitcoin in August 2020 and said that the acquisition was part of the company's strategic focus.
South Korean authorities have alleged in the past that Daniel Shin earned approximately $105 million in profits from illegal sales of LUNA before its fateful implosion.
"They basically held him for approximately three days, drove him around different parts of Southern Ontario, beat him, tortured him, allowed him to make specific phone calls to specific people only," Aiden Pleterski's father said.
"Next Saturday, the BTC Monthly Candle will have closed above the Macro Downtrend to confirm a new Bull Market," a crypto analyst said.
Last week, Brian Armstrong assured Coinbase's customers and clients that while the platform is under scrutiny by the financial regulator, it will keep on building the "most trusted products and services" to "update the financial system."
Over the past months, reports about Amazon exploring the world of NFT and supposedly launching an NFT marketplace have been making rounds online.
Kwon and Chang-joon denied allegations that they attempted to leave Montenegro using fake passports, according to a report.
The government released arrest warrants for 11 other individuals supposedly involved in the said oil scheme.
"The Debtors carefully considered and analyzed the offer as set forth in the Agreement in comparison to its other options and concluded that a sale of the Interests will result in obtaining maximum value for the Interests, and is in the best interests of the Debtors' estates and creditors," a Wednesday court filing read.
The Connect to Congress campaign aims to assist crypto investors and enthusiasts to share their perspectives on cryptocurrency regulations and air their concerns with lawmakers.
If Kwon is extradited to New York, he will be facing prosecution by the same office handling a criminal case against Sam Bankman-Fried, the co-founder and former CEO of FTX.
A crypto analyst mentioned altcoins and noted that the tokens' rally could happen when Bitcoin dominance retraces on its way to soaring over 52%.
The crypto mogul's identity was confirmed through a fingerprint match, Interpol's national central bureau in Seoul said.
For the SEC director, the alleged behavior of the TRON founder and that of his backer was part of an "age-old playbook to mislead and harm investors."
The Federal Reserve once again raised interest rates by 25 bps during its meeting on Wednesday with FOMC chair Jerome Powell noting that "we no longer expect that ongoing rate increases will be appropriate."
Although many criticized the SEC for its most recent move against a crypto company, others took the chance to gloat and hit Coinbase back.
A filing in the U.S. bankruptcy court in Delaware detailed that Modulo Capital agreed to relinquish any claims to the $56 million in assets held in FTX and FTX US accounts with the remaining $404 million in assets converted into cash at J.P. Morgan.
Edge's beta build uncovered this month revealed that Microsoft is exploring integrating a crypto wallet into its browser.
Industry watchers believe that one of the main reasons behind crypto firms' sudden interest in Swiss banks is because of their clear regulations, something which financial regulators in the U.S. are still arguing about.
The Treasury Department and the IRS announced that "they are soliciting feedback for upcoming guidance regarding the tax treatment of a nonfungible token (NFT) as a collectible under the tax law," the announcement read.
According to a former Ethereum Foundation developer, while the motive behind the message is unclear, it could be an attempt to see if Euler Finance's exploiter would fall for the ploy.
Coinbase offered Circle a lifeline, an interesting act considering that the CEX was once Circle's rival, although both now share management and profits of the stablecoin USDC.
"Today's announcement will protect Florida consumers and businesses from the reckless adoption of a 'centralized digital dollar' which will stifle innovation and promote government-sanctioned surveillance," DeSantis said.
"MicroStrategy has survived a crypto ice age and now has an opportunity to take advantage of growing interest in DeFi and all the other crypto protocols with better growth potential," a senior market analyst said.
Last week, the NYDFS said that it intervened in the business of Signature bank because regulators lost faith in its management.
