Are you a billionaire in trouble? Why not try coming out as a Republican and fully pivoting into very public complaints about the “woke agenda?” That’s precisely what Sam Bankman-Fried was thinking, according to newly released notes made by the crypto fraudster after FTX’s stunning collapse in 2022. Will More Celebs Continue to Join Crypto? … Read more
Photo: Jakub Porzycki/NurPhoto (Getty Images) Coinbase users’ accounts showed a “zero balance” on Wednesday afternoon. Coinbase confirmed the problem on its status page at 12:40 p.m. ET but claims customer cryptocurrency funds are safe. The cryptocurrency exchange blames the outage on increased traffic, as Bitcoin’s price surged past $60,000. Crypto Exchanges Restrict Withdrawals Coinbase says … Read more
Photo: TIMOTHY A. CLARY / AFP (Getty Images) It’s official: There will be no further attempts to salvage FTX. The once popular but now defunct crypto exchange that “misplaced” billions of dollars in user assets before collapsing in a heap of scandal is officially headed to the corporate graveyard. The Biggest Crypto Heists of 2022…So … Read more
Photo: Kiyoshi Ota/Bloomberg (Getty Images) Well, that’s one way to see your investment pay off. In 2014, the largest cryptocurrency exchange in the world, Mt. Gox, suffered a notorious hack that stole 850,000 Bitcoins from the platform. Victims are finally starting to get their money back on Tuesday, nearly 10 years later. However, some are … Read more
Sam Bankman-Fried is guilty on all seven federal charges in his criminal trial for defrauding customers of his crypto exchange out of billions of dollars with his crypto empire, jurors decided on Thursday night in a Southern District of New York court, Reuters reports. Jurors reached a verdict at 7:40 p.m., according to CoinDesk, that … Read more
FTX founder Sam Bankman-Fried testified in his fraud trial Thursday with no jury present. In his testimony, he acknowledged that Alameda was being used as a payment processor for FTX, but did not recall conversations around the $13 billion hole in his crypto empire, according to Bloomberg. The Biggest Crypto Heists of 2022…So Far Bankman-Fried … Read more
Photo: Bloomberg (Getty Images) Sam Bankman Fried allegedly entertained a plan to raise capital from Saudi Crown Prince Mohammed bin Salman, according to former Alameda CEO Caroline Ellison in her testimony on Wednesday. Will More Celebs Continue to Join Crypto? | Gizmodo Interview It’s one of many bombshells dropped by Ellison on the second day … Read more
A prime cybersecurity professional for Amazon seems to be in serious trouble. Federal prosecutors say Shakeeb Ahmed used his hacking abilities to steal $9 million in belongings from a cryptocurrency trade final summer time, then tried to launder the stolen items by means of a haze of on-line trickery. High 5 Purchasing Suggestions for Amazon … Read more
Ever because the ill-fated crypto change FTX went bankrupt final 12 months, proof has been constructing of rampant legal exercise on the a part of the agency’s high executives. A brand new report on the corporate’s funds revealed Monday does nothing to dispel that notion, revealing as a substitute new allegations about how the failed … Read more