According to the NY Post, SBF was able to defraud investors thanks to its strong ties to the Clintons, which was how Bill Clinton was involved in the FTX scandal.
The news organisations, which include the AP, Bloomberg, CNBC, WSJ publisher Dow Jones, the Financial Times, Insider, and WaPo, as well as a separate request from the New York Times, have requested that the people who guaranteed Bankman-Fried's $250 million bond to be revealed.
In mid November, FTX International became effectively insolvent. The FTX saga, at the end of the day, is somewhere between that of Voyager and Celsius.
Due to the mysterious deaths of the four cryptocurrency billionaires who passed away within a month, the crypto world has come up with conspiracies, with one claiming they were assassinations.
Celsius co-founder Mashinsky is being sued by the NY Attorney General for "defrauding investors out of billions". The lawsuit accuses Mashinsky of violating the state's Martin Act, which is used to combat securities and commodities fraud, as well as a state general business law that allows the attorney general to investigate fraud. This article will explore the details of the case and its potential implications for the crypto industry.
As the use of bitcoin grows, more and more locations are vying to attract bitcoin businesses and individuals. One such place is Lugano, Switzerland, which has adopted bitcoin as a de facto legal tender and offers a wide range of merchants that accept the cryptocurrency. You can now live in this Swiss city solely on bitcoin.
The EU's Markets in Crypto-Asset Rule (MiCA) regulation of the European Commission is one of the many attacks against bitcoin.
The economic effects of the billions of dollars lost due to FTX's collapse are starting to be felt, and the digital dollar is one of them.
In his first appearance on US soil since his arrest in the Bahamas, Bankman-Fried was granted a $250 million bail package, secured by his parents' Palo Alto home, which is worth nowhere near that amount. Furthermore, Sam Bankman-Fried pleads not guilty.
According to data provided by the crypto forensic organisation Arkham, Alameda wallets has funnelled over $1.7M via crypto mixers overnight
