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Bitcoin Rollercoaster on US Inflation Data, SBF’s Arrest, and MetaMask’s PayPal Collab: This Week’s Recap

The biggest news of the past seven days is undoubtedly the arrest of the former CEO of FTX – Sam Bankman-Fried. This took place on December 13th in the Bahamas…

Continue ReadingBitcoin Rollercoaster on US Inflation Data, SBF’s Arrest, and MetaMask’s PayPal Collab: This Week’s Recap

Bitcoin Touches $18K on Release of US Inflation Numbers (Market Watch)

The past 24 hours were particularly eventful in the cryptocurrency markets as a storm of news hit from all fronts. In sum, the market reacted positively and topped $900 billion,…

Continue ReadingBitcoin Touches $18K on Release of US Inflation Numbers (Market Watch)

SBF To Spend Christmas In Prison After Being Denied Parole By The Bahamas

On December 13, 2022, Bahamian authorities denied parole to Sam Bankman-Fried, also known as SBF, after he was charged by U.S. lawmakers with eight counts of financial fraud. As reported…

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US Securities Watchdog Charges Sam Bankman-Fried With Fraud Over FTX Collapse

According to a statement published on Dec. 13, 2022, the U.S. Securities and Exchange Commission (SEC) has charged the disgraced FTX co-founder Sam Bankman-Fried (SBF) with defrauding investors. SEC chairman…

Continue ReadingUS Securities Watchdog Charges Sam Bankman-Fried With Fraud Over FTX Collapse

The Bahamas Asked SBF to Mint New Crypto Worth Hundreds of Millions, US Lawyers Claim

The situation surrounding Sam Bankman-Fried and the bankrupt cryptocurrency exchange that he used to run, FTX, escalated. The former was arrested in the Bahamas at the request of the US…

Continue ReadingThe Bahamas Asked SBF to Mint New Crypto Worth Hundreds of Millions, US Lawyers Claim