Tag: Securities fraud

FTX founder Sam Bankman-Fried sentenced to 25 years for crypto fraud, to pay $11 billion in forfeiture

FTX founder Sam Bankman-Fried was sentenced to 25 years in prison on Thursday for the massive fraud and conspiracy that doomed his cryptocurrency exchange...

Binance users pull more than $1 billion from the exchange after CEO leaves, pleads guilty

Binance cofounder and CEO Changpeng Zhao speaks during the 2022 Web Summit in Lisbon, Portugal, on Nov. 1, 2022.Ben Mcshane | Sportsfile | Getty...

Sam Bankman-Fried found guilty on all seven criminal fraud counts

A jury has found Sam Bankman-Fried guilty of all seven criminal counts against him. The FTX founder faces a maximum sentence of 115 years...

BlackRock’s Fink says Russia-Ukraine war could accelerate use of cryptocurrencies

Larry FinkDavid Orrell | CNBCRussia's invasion of Ukraine could accelerate the adoption of digital currencies by central banks, according to BlackRock's Larry Fink.The CEO...

Ukrainian central bank suspends electronic cash transfers, bolstering the use case for crypto

Ukraine's central bank is cracking down on digital money transfers in one of the latest measures implemented in connection with a nationwide declaration of...

A ‘financial war’ with China could be brewing on top of the trade war

People wearing face masks walk by a Luckin Coffee store on June 29, 2020 in Yichang, Hubei Province of China.Liu Junfeng | VCG |...

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