#COINDESK News

FEED

SBF’s prison sentence marks the end of the crypto grift era

techcrunch.com On Thursday, a federal judge sentenced former FTX CEO Sam Bankman-Fried to 25 years in prison after he was found guilty on seven charges of wire fraud and money-laundering.…

Tokenized Treasury Notes Surpass $1B

coindesk.com This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every…

‘He knew it was wrong’: Sam Bankman-Fried sentenced to 25 years in prison over FTX fraud

theguardian.com Sam Bankman-Fried, the disgraced cryptocurrency mogul who perpetrated one of the largest financial frauds in history, has been sentenced to 25 years in prison and ordered to…

Sam Bankman-Fried: The rise and fall of the FTX crypto mogul – DW

dw.com Sam Bankman-Fried, the former billionaire cryptocurrency wunderkind, has finally been sentenced over his conviction for stealing $8 billion from customers of the…

Sam Bankman-Fried’s trial pulled back the curtain on crypto

vox.com Sam Bankman-Fried attends court in July 2023 for a federal case that accused him of fraud, conspiracy, and other charges. | Victor J. Blue/Bloomberg via Getty Images The…

Sam Bankman-Fried sentenced to 25 years in prison as the FTX saga draws to a close

fortune.com On Thursday, Sam Bankman-Fried strode into a Manhattan courtroom for the conclusion of his criminal trial, hoping he would only face a handful of years in prison for charges…

Sam Bankman-Fried Sentenced to 25 Years in Prison for Cryptocurrency Fraud

variety.com Sam Bankman-Fried, the disgraced founder of the failed FTX cryptocurrency exchange, was sentenced to 25 years in prison by a federal judge Thursday. A federal jury in…

Former FTX Chief Sam Bankman-Fried Sentenced to 25 Years in Prison

cryptopotato.com Sam Bankman-Fried a.k.a SBF, the founder and former CEO of defunct crypto exchange FTX, has received a sentence of 300 months or 25 years in total, with 240 months initially…

Sam Bankman-Fried gets 25 years in prison for fraud and money-laundering at FTX

techcrunch.com Sam Bankman-Fried, the co-founder and former CEO of crypto exchange FTX and trading firm Alameda Research, was sentenced to 25 years in prison by Southern District of New…

Sam Bankman-Fried Sentenced to 20 Years in Prison for Cryptocurrency Fraud

variety.com Sam Bankman-Fried, the disgraced founder of the failed FTX cryptocurrency exchange, was sentenced to 20 years in prison by a federal judge Friday. A federal jury in November…

ARK 21Shares Bitcoin ETF Hits $200M Daily Inflows for First Time

coindesk.com Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3 . Head to…

FTX timeline: Behind crypto mogul SBF's meteoric rise and fall

axios.com Former FTX CEO Sam Bankman-Fried will be sentenced in a Manhattan federal court Thursday after he was found guilty of orchestrating a multibillion-dollar fraud scheme at the…

Tokenized US Treasury Notes Market Value Exceeds $1B: Report

benzinga.com In a significant development, the market for tokenized U.S. Treasury debt has seen a surge, with the value of Treasury notes tokenized on public blockchains reportedly…

Bitcoin Halving Expected To Enhance ETF Opportunities In Cryptocurrency Sector: Report

benzinga.com Analysts, led by Michael Graham, at Canaccord Genuity, suggested that the upcoming halving in April could further boost the ETF tailwinds for Bitcoin. The halving, which…

Recapping FTX Founder Sam Bankman-Fried's Trial

coindesk.com For five weeks late last year, the former poster child fought for his freedom in a trial in which even his closest friends and confidants, including his onetime girlfriend…

Bitcoin, Ether Could Witness Upside Volatility as $15B Options Expiry Looms

coindesk.com Notional open interest refers to the dollar value of the number of active contracts at a given time. On Deribit, one options contract represents one BTC and one ETH. The…

Coinbase Motion to Dismiss SEC Lawsuit Rejected

watcher.guru A US judge has ruled against Coinbase’s motion to dismiss the US Securities and Exchange Commission (SEC) lawsuit. Indeed, the federal judge ruled that the agency had made a…

Penthouse to prison: Sam Bankman-Fried's journey from crypto king to convicted conman

cnbc.com Two years ago, Sam Bankman-Fried was a 30-year-old multibillionaire living in a $35 million Bahamas penthouse, partying with his pals while running one of the world's most…

Dutch Prosecutors Seek 64-Month Jail Sentence for Tornado Cash Dev Alexey Pertsev

coindesk.com None Prosecutors seek to sentence Tornado Cash developer Alexey Pertsev to 64 months in jail, members of their team told CoinDesk. • None The consequences of the trial could…

MyShell, Blockchain Platform For Building 'AI Girlfriends' and Productivity Apps, Raises $11M

coindesk.com The investment, which brings MyShell's total funding to $16.6 million, was led by Dragonfly, with additional participation from Delphi Ventures, Bankless Ventures, Maven11…

Blockchain Billionaires: Here’s The List of Top Richest Crypto Founders

coinpedia.org Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its…

First Mover Americas: HSBC’s Gold Token Introduced in HK

coindesk.com This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every…

Illicit Funds in Crypto Ecosystem Shrank 9% Last Year, Yet Criminals Still Handled Nearly $35B: TRM Labs

coindesk.com None A new TRM Labs report has found that illicit funds in the crypto ecosystem shrunk by 9% from 2022 to 2023. • None Yet criminality through crypto has risen in some…

OKX Quietly Settled Regulatory 'Failings' With Malta Financial Services Authority

coindesk.com None The MFSA agreed to settle pending matters with OKX after the demonstration of goodwill in the form of a 304,000 euro ($322,000) penalty. • None OKX and the MFSA also…

Hong Kong-Based Asset Manager VSFG and Value Partners Apply for Spot Bitcoin ETF

coindesk.com None Asset manager VSFG and Value Partners have together applied for a spot bitcoin ETF in Hong Kong. • None SFC is likely to allow in-kind creations and redemptions for…

'Haven For Illicit Money-Laundering'

zerohedge.com 'Haven For Illicit Money-Laundering' - DoJ Charges Crypto Exchange KuCoin Over Billions In Criminal Funds United States Justice Department (DoJ) officials unsealed an…

No one's touting bitcoin's use case anymore. Bulls say the plan is to hold it forever

aol.com None Few commentators speak of bitcoin's utility, and the biggest bulls say the plan is to never sell. • None Not long ago, much of the rhetoric focused on decentralized…

Crypto Exchange KuCoin Violated Anti-Money Laundering Laws, U.S. Charges

coindesk.com Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3 . Head to…

AI Bot 'Syntax' From Spectral Labs Could Help Non-Coders Write Ethereum Apps

coindesk.com Spectral Labs, a crypto development firm focused on artificial intelligence, wants to make it easier for non-programmers to build on blockchains. On Tuesday the company will…

First Mover Americas: Bitcoin ETNs to Debut on LSE

coindesk.com This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every…

Goldman Seeing 'Resurgence of Interest' for Crypto Options From Hedge Fund Clients: Bloomberg

coindesk.com None The spot bitcoin ETF approval has triggered an increase in interest among Goldman's clients. • None The banking giant is expanding the offerings to asset managers, bank…

First Mover Americas: Back in the Green

coindesk.com This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every…

How Many Years Will SBF Get? Jury's Out on Betting Platform Polymarket

coindesk.com Prediction markets can be silly, but they can be serious, too, as a tool for investors to hedge their exposure to a certain stock or engage in price discovery on the future…

BlackRock suits replace Lambos and yachts in new bull-market crypto conference era

dlnews.com In February, Robert Mitchnick, BlackRock’s global crypto chief, took to the stage at the investment giant’s inaugural digital assets summit in New York. There were no…

EU's Authoritarian AML Package Threatens Financial Freedom

tftc.io European Union lawmakers have made significant strides in their efforts to pass a sweeping anti-money laundering (AML) legislative package. The package includes measures…

The rise and fall of Sam Bankman-Fried: an unrepentant ex-mogul faces down decades in prison

theguardian.com In a downtown Manhattan courtroom on the morning of 28 March, tech wunderkind turned fraudster Sam Bankman-Fried, unrepentant even after trial and conviction, will finally…

Gensler argues that crypto companies are avoiding disclosure by ducking registration

dlnews.com Gensler says crypto firms are avoiding disclosure US Securities and Exchange Commission Chair Gary Gensler spoke at Columbia Law School on the public good of mandatory…

Bernstein Analysts Says Bitcoin Will Reach A New ATH By Year End, Here’s The Target

newsbtc.com Analysts at financial services firm Bernstein are increasing their price expectations for Bitcoin. This follows a revised report in which they boosted their year-end target…

Floki Developers Push Regulated Digital Banking, Propelling Token’s Utility Expansion

coinspeaker.com Coinspeaker Floki Developers Push Regulated Digital Banking, Propelling Token’s Utility Expansion Floki (FLOKI), the self-proclaimed “People’s Dogecoin”, inspire­d by Elon…

SBF’s Prison Sentencing Is Coming Up. How Many Years Will He Get?

unchainedcrypto.com On Thursday, March 28, Judge Lewis Kaplan of the Southern District of New York will sentence former FTX CEO Samuel Bankman-Fried for seven counts of various stripes of money…

Are Spot Bitcoin ETF Buyers “Noobs” And Panic Selling?

bitcoinist.com Billions have been channeled to spot Bitcoin exchange-traded funds (ETFs) after the United States Securities and Exchange Commission (SEC) gave the green light in…

JP Morgan Says Bitcoin is Still Overbought Amid Correction

watcher.guru With the asset falling in value for much of this week, JP Morgan has recently stated that Bitcoin is still overbought despite the ongoing correction. Indeed, Spot Bitcoin…

Floki Developers Plan Regulated Bank Accounts in Next Value Capture for Tokens

coindesk.com None Floki developers are working on offering regulated digital banking accounts that can be funded with FLOKI tokens and used to transact in USD, EUR, and GBP. • None The…

Bitcoin ETFs see record 3-day outflow as retail investors ‘dart in and out of positions’

fortune.com The 10 trading spot Bitcoin exchange-traded funds reported the largest three-day outflow since launching on Jan. 11, according to Bloomberg data, a reversal of the…

First Mover Americas: Fantom’s FTM Outperforms Market Ahead of Upgrade

coindesk.com This article originally appeared in First Mover, CoinDesk's daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every…

Bitcoin set to reach $90,000 by year-end, forecast Bernstein analysts

cryptobriefing.com After a strong start to the year with a 55% price increase (per TradingView data), Bitcoin (BTC) could be poised for even greater gains. Analysts at Bernstein predict a…

Ethereum Foundation Under Investigation: How Will ETH Perform This Weekend?

watcher.guru The Ethereum Foundation, a non-profit organization based in Switzerland that supports the Ethereum ecosystem, has come under investigation by unnamed state authorities,…

Pixels Crypto Game Fuels Resurgent Ronin Blockchain

coindesk.com This year's bull market has seen a resurgence of many crypto narratives from yonder cycles, including crypto gaming. In that sector the Ronin network – whose game Axie…

Crypto Markets Mixed After Bernstein Sets A $90K Target For Bitcoin

investors.com Unfazed by the recent bitcoin slide from its March 14 record highs, Bernstein raised its year-end forecast early Thursday. Cryptocurrency prices and related stocks staged a…

Espresso Systems Raises $28M in Fresh Funds, Led By A16z Crypto

coindesk.com None As blockchains push for more decentralization, the crucial component known as the "sequencer" is becoming a bigger focus. • None Espresso is one of the leading projects…

$100M BlackRock BUIDL fund trolled on-chain

protos.com BlackRock’s recently deployed $100 million Ethereum-based investment fund has prompted a meme-fuelled on-chain response from the crypto community. The investment behemoth’s…

The Entire Business World on a Single Page. Free to Use →