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UK Approves First Physically Backed Bitcoin and Ethereum ETPs for Listing on London Stock Exchange

2024-05-25 by admin Leave a Comment

The Financial Conduct Authority (FCA), the UK’s top financial regulator, has approved physically backed bitcoin and ethereum exchange-traded products (ETPs) for listing on the London Stock Exchange for the first time. “FCA approval in this respect could result in greater institutional adoption of the asset class,” Wisdomtree stated. First Bitcoin and Ethereum ETP Listings on […]

Former FTX CEO Sam Bankman-Fried Allegedly Being ‘Extorted and Physically Harmed’ in Jail

2023-09-12 by admin Leave a Comment

Former FTX CEO Sam Bankman Fried Allegedly Being "Extorted and Physically Harmed Daily" in Jail

Jeremy Lorenzo, aka “Poops,” has given more insights on the difficulties that former FTX CEO Sam Bankman-Fried is allegedly facing during his stay at Brooklyn Metropolitan Detention Center (MDC). Lorenzo shared that Bankman-Fried had computer code confiscated and that he might have been moved due to being “extorted and physically harmed daily.” Sam Bankman-Fried Allegedly […]