Crypto Biz: Is AI the exit strategy for miners?
Bitcoin miners double down on AI, tokenized RWAs top $43 billion, Ripple strengthens its African payments network and Sam Bankman-Fried loses his appeal.
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US lawmakers warn against presidential pardon for Sam Bankman-Fried
The former FTX CEO is currently serving a 25-year sentence after being found guilty on seven felony charges related to the misuse of customer funds.
Sam Bankman-Fried Movie in the Works Based on Michael Lewis’s FTX Book
Apple and A24 are in the early stages of developing a film adaptation of Michael Lewis’s book “Going Infinite: The Rise and Fall of a New Tycoon,” with Lena Dunham…
FTX filed for bankruptcy 2 years ago — What’s happening now?
The exchange’s creditors haven’t been made whole despite a judge approving a plan, and sentencing for former executives is nearing an end.
Ex-Alameda CEO Caroline Ellison Receives 24-Month Sentence
On Tuesday, Sept. 24, 2024, Caroline Ellison, the former CEO of Alameda Research, was sentenced to 24 months in prison after admitting to her involvement in several crimes. The courtroom…
Former Alameda CEO Caroline Ellison Requests Leniency, Asks for No Prison Sentence
Caroline Ellison, the former CEO of Alameda Research, is seeking leniency in her sentencing for her role in the FTX fraud. Her lawyers have filed a sentencing memorandum emphasizing her…
FTX Co-Founder Sam Bankman-Fried Seeks Retrial, Alleges Legal Errors
Sam Bankman-Fried, co-founder of FTX, has filed an appeal against his conviction, arguing that key evidence was improperly excluded from his trial. His attorneys claim that legal errors denied him…
Despite FTX’s Collapse, FTT’s $535M Market Cap Highlights Crypto Absurdity
Ten days ago, the FTX estate overseeing the bankrupt company’s proceedings informed customers they would receive more than 100% repayment. Following this announcement, the exchange token FTT from the defunct…
Dimon Doubles Down on Bitcoin Dislike, SBF to Aid Legal Action Against Celebrities, and More — Week in Review
JPMorgan Chase CEO Jamie Dimon has reiterated his critical stance on bitcoin, labeling it a fraud and dismissing its potential as a legitimate currency. Former FTX CEO Sam Bankman-Fried has…
FTX investors cut deal with Sam Bankman-Fried to target celeb promoters
FTX investors reach a settlement with Sam Bankman-Fried, who would help in lawsuits against celebrity endorsers of the failed exchange. The post FTX investors cut deal with Sam Bankman-Fried to…
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