Ex-FTX chief Sam Bankman-Fried is slated to make his case directly to the jury in his ongoing trial, as shared by his defense lawyer, Mark Cohen. Bankman-Fried’s decision to testify comes on the heels of several witnesses who have spoken against him in recent weeks. Facing Accusations: Sam Bankman-Fried Prepares to Plead His Case Directly […]
Anthony Scaramucci, founder of Skybridge Capital, believes that if the U.S. Securities and Exchange Commission (SEC) approves Blackrock’s spot bitcoin exchange-traded fund, the value of bitcoin could surge significantly. Scaramucci also discussed Sam Bankman-Fried, the former head of FTX, and Gary Gensler, the current chair of the SEC. Scaramucci Shares His Bold Bitcoin Prediction, Discusses […]
Kristalina Georgieva, managing director of the International Monetary Fund (IMF), has argued that digitalization could help to scale up “financial inclusion.” During a keynote, Georgieva stated that digitalization worked well in this sense and called for an extension of initiatives to promote financial inclusion. IMF Managing Director Kristalina Georgieva Calls to Digitalize Economies Kristalina Georgieva, […]
Alex Mashinsky, the former CEO of Celsius Network, has filed a motion to dismiss the Federal Trade Commission (FTC) lawsuit against him. In the motion, Mashinsky argues the FTC has failed to allege he violated any laws or rules. His lawyers say the FTC is not entitled to monetary relief and cannot substantiate Mashinsky is […]
The CEO of collapsed Turkish crypto exchange Thodex has been sentenced to 11,196 years, 10 months, and 15 days in prison. He purportedly absconded with more than $ 2 billion in cryptocurrency belonging to more than 400,000 customers. The court found his crypto trading platform to be a criminal organization. Thodex Chief Sentenced to …