FTX Founder Bankman-Fried Agrees to Settlement, Aids Legal Action Against Celebrities

April 21, 2024 Bitcoin.com

bitcoin.com

In a significant turn of events, former FTX CEO Sam Bankman-Fried has agreed to a settlement with investors, providing crucial cooperation in ongoing lawsuits against high-profile celebrities. The settlement, pending court approval, could mark a pivotal moment in the extensive legal battles following the crypto exchange’s colossal collapse. Former Crypto Tycoon and Now Convicted Inmate […]

This Catalyst Could Trigger ‘Violent’ Bitcoin Surge to Hundreds of Thousands of Dollars: Bitwise CIO Matt Hougan

Report: Mango Markets Exploiter Convicted in Multi-Million Dollar Crypto Fraud Case

April 18, 2024 Bitcoin.com

bitcoin.com

A U.S. federal jury has convicted Avraham ‘Avi’ Eisenberg on charges of commodities fraud, commodities manipulation, and wire fraud due to his involvement in the $116 million exploit of Mango Markets, a Solana-based decentralized exchange (dex) platform. Jury Convicts Avi Eisenberg in $116M Mango Markets Crypto Fraud Case In this high-profile court case, Eisenberg was […]

This Catalyst Could Trigger ‘Violent’ Bitcoin Surge to Hundreds of Thousands of Dollars: Bitwise CIO Matt Hougan

Worldcoin Faces Over $1 Million in Fines in Buenos Aires for Legal Violations

April 15, 2024 Bitcoin.com

Worldcoin Faces Over Million in Fines in Buenos Aires for Legal Violations

Argentina

Worldcoin, the biometric iris scanning digital ID organization, is being accused by the government of Buenos Aires of several transgressions, including contradictions regarding the treatment of users’ digital information. Buenos Aires considers that the company exposes users to several unfair clauses, including those describing the possible interruption of the service. Worldcoin Faces Over $1 Million […]

This Catalyst Could Trigger ‘Violent’ Bitcoin Surge to Hundreds of Thousands of Dollars: Bitwise CIO Matt Hougan

Coinbase Challenges SEC’s Definition of ‘Investment Contracts’ in Crypto Transactions

April 15, 2024 Bitcoin.com

bitcoin.com

In a recent legal challenge, Coinbase has filed a brief with the Southern District of New York, seeking permission for an interlocutory appeal against the U.S. Securities and Exchange Commission’s expansive interpretation of what constitutes an “investment contract” in digital asset transactions. This pivotal case could set significant precedents for the cryptocurrency industry in the […]

This Catalyst Could Trigger ‘Violent’ Bitcoin Surge to Hundreds of Thousands of Dollars: Bitwise CIO Matt Hougan

Former Security Engineer Sentenced to Three Years for Hacking Two Decentralized Exchanges

April 14, 2024 Bitcoin.com

bitcoin.com

A former security engineer, who stole digital assets valued at more than $12 million from two decentralized exchanges, has received a three-year prison sentence. In what has been characterized as the “first-ever” conviction for a smart contract hack, the U.S. Judge also ordered the ex-engineer to forfeit roughly $12.3 million. Ex-Engineer Sentenced to Three Years […]

This Catalyst Could Trigger ‘Violent’ Bitcoin Surge to Hundreds of Thousands of Dollars: Bitwise CIO Matt Hougan

Venezuelan Probe Unveils Crypto Money Laundering Scheme Linked to Oil Sale Embezzlement; Kraken Involved

April 12, 2024 Bitcoin.com

bitcoin.com

The Venezuelan Attorney General, Tarek William Saab, unveiled the second wave of detentions linked to a crypto money laundering scheme derived from unregistered oil sales paid in different currencies and crypto. The former president of the state-owned oil company PDVSA, Tareck El Aissami, the former Economy Minister Simon Alejandro Zerpa, and entrepreneur Samark Lopez were […]

This Catalyst Could Trigger ‘Violent’ Bitcoin Surge to Hundreds of Thousands of Dollars: Bitwise CIO Matt Hougan

Sam Bankman-Fried Files Notice of Appeal, Challenges Conviction and Sentence

April 12, 2024 Bitcoin.com

bitcoin.com

Former FTX CEO Sam Bankman-Fried formally lodged an appeal against both his conviction and sentence with the District Court for the Southern District of New York (SDNY) on Thursday. Bankman-Fried’s legal representatives had anticipated this move, having previously requested that he remain at New York’s Metropolitan Detention Center (MDC) to facilitate the appeals process. From […]

This Catalyst Could Trigger ‘Violent’ Bitcoin Surge to Hundreds of Thousands of Dollars: Bitwise CIO Matt Hougan

Australian Securities Regulator Appeals Federal Court Ruling Favoring Finder Wallet

April 11, 2024 Bitcoin.com

bitcoin.com

The Australian securities regulator has said it will appeal the federal court’s dismissal of its civil penalty proceedings against Finder Wallet Pty Ltd. The regulator launched penalty proceedings against the crypto firm on Dec. 15, 2022, just days after Finder Wallet withdrew its Earn product. Product Finder Lacked the Necessary License or Authorization The Australian […]

This Catalyst Could Trigger ‘Violent’ Bitcoin Surge to Hundreds of Thousands of Dollars: Bitwise CIO Matt Hougan

Judge to Sentence Former FTX Executive Ryan Salame in Late May

April 10, 2024 Bitcoin.com

bitcoin.com

Initially scheduled for May 1, the sentencing of Ryan Salame, former co-chief executive of FTX Digital Markets, has been deferred to May 28, 2024, in front of Judge Lewis Kaplan. Ryan Salame, Once FTX’s Co-Leader, Slated for May Sentencing Per the judicial records, Ryan Salame, once the co-chief executive at FTX Digital Markets, is slated […]

This Catalyst Could Trigger ‘Violent’ Bitcoin Surge to Hundreds of Thousands of Dollars: Bitwise CIO Matt Hougan

Uniswap Labs Receives SEC Wells Notice, Founder Vows to Fight

April 10, 2024 Bitcoin.com

bitcoin.com

In a recent social media post, Hayden Adams, the founder of Uniswap Labs, announced that the company has received a Wells notice from the Securities and Exchange Commission (SEC), expressing his disappointment and determination to contest the notice. SEC Sends Decentralized Exchange Uniswap a Wells Notice Hayden Adams, the founder behind the decentralized finance (defi) […]

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