Crypto Biz: SBF has his day in court; Barry Silbert accused of ‘stalling’ over frozen funds
The founder of FTX pleaded not guilty to all criminal charges related to the collapse of crypto exchange FTX.
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US authorities launch page to notify FTX’s victims about SBF’s case
According to the court filing, the number of victims in the FTX case made it “impractical” to rely on more traditional methods of notification.
Sam Bankman-Fried’s lawyers claim he needs Robinhood shares ‘to pay for his criminal defense’
The legal team confirmed the U.S. Departure of Justice was in the process of seizing the Robinhood shares but said SBF was “compelled to reply” given other claims.
BUSD Sees $5 Billion Reduction in Supply in 24 Days, Relationship With Turkish Lira Continues
According to statistics, the stablecoin BUSD saw a significant drop in its supply over the past 30 days, shedding roughly 23.8% from Dec. 5, 2022, to Jan. 6, 2023. Since…
Crypto companies aim to build trust within future products and services
Companies are taking new approaches to building trust within Web3 and crypto products.
ECB’s Fabio Panetta: Unbacked Cryptos Are a ‘Vehicle for Gambling’ Lacking ‘Intrinsic Value’
Fabio Panetta, part of the Executive Committee of the European Central Bank (ECB), believes that unbacked cryptocurrency assets are vehicles for gambling without intrinsic value, which need to be regulated.…
Unreported Transactions Linked to Disgraced FTX Co-Founder Revealed by Onchain Investigation
According to onchain research, wallets connected to Sam Bankman-Fried, the disgraced co-founder of FTX, transferred a significant number of previously unreported transactions across various blockchains. The transfers were discovered by…
US authorities are turning their attention to FTX’s Nishad Singh: Report
FTX's bankruptcy filings show a $543-million loan to Nishad Singh and he was reportedly a part of the secret 'wirefraud' chat group.
US Bankruptcy Court Rules Celsius Deposits Belong to the Firm
A New York bankruptcy court has ruled the deposits on high-interest-earning accounts belong to Celsius, the embattled former cryptocurrency lending firm, that filed for Chapter 11 bankruptcy protections in July.…
FTX’s former top lawyer cooperated with the US in Sam Bankman-Fried case
FTX’s former compliance chief Daniel Friedberg started working for Sam Bankman-Fried in 2017 and resigned from FTX days before the exchange collapsed.
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