Here's Dogecoin Founder's Take on Shocking FTX IRS Showdown

u.today The recent tax spat between bankrupt crypto firm FTX Derivatives Exchange and the United States Internal Revenue Service (IRS) has attracted a comment from Dogecoin…

Coinbase Adds DOGE, ADA, XLM Perpetual Futures Contracts, About to List MATIC, BCH Ones

u.today Biggest US-based crypto trading platform Coinbase, which is currently engaged in a legal battle with the SEC regulator, has made an announcement about expanding the range of…

77.77 Billion SHIB Transferred by FTX Exchange, Here’s SHIB Price Reaction

u.today The bankrupt FTX exchange continues to move the remains of its assets to convert them into fiat and repay the debt to its creditors. This time, it shoveled nearly 80 billion…

After OpenAI’s Chaos, Anthropic Has An Opportunity (And Its Own Untraditional Board)

thewrap.com Life got interesting for Anthropic two weeks ago when OpenAI nearly lit itself on fire. Anthropic had been operating comfortably in OpenAI’s shadow, collecting billions in…

Disgraced FTX Co-Founder Placed On Suicide Watch In Prison, Reveals Former Inmate

newsbtc.com Sam Bankman-Fried, the co-founder of the FTX crypto exchange, who was recently found guilty of multiple counts of criminal fraud, reportedly faced a harrowing experience…

Sam Bankman-Fried will not file any post-trial motions, say lawyers

cointelegraph.com Following his conviction on federal fraud charges on Nov. 2, former FTX CEO Sam “SBF” Bankman-Fried will not pursue any post-trial motions. In a Dec. 1 letter to Judge Lewis…

Terraform Labs and SEC lawyers spar over whistleblower in court: Report

cointelegraph.com Lawyers representing the United States Securities and Exchange Commission (SEC) and Terraform Labs and co-founder Do Kwon sparred in court over information provided by a…

Crypto stocks have notched blistering triple-digit rallies this year

aol.com None Stocks tied to digital assets have seen sharp rallies year-to-date. • None Coinbase, MicroStrategy, Riot Platforms, and Marathon Digital shares are up more than 250% in…

Report: Bankman-Fried Struggles With Extortion Attempts Behind Bars in Brooklyn’s MDC

news.bitcoin.com Sam Bankman-Fried (SBF), previously a key figure in the crypto sphere, encountered a stark contrast to his past life at the Metropolitan Detention Center (MDC) in Brooklyn.…

Bitcoin finishes November strong as investors enter a waiting period in the final month of 2023

cnbc.com November was perhaps the most significant month of this year for the crypto industry and gave bitcoin a strong setup as investors look toward 2024. Bitcoin ended the month…

‘Tokens’ Review: Cash, Card or Ape?

wsj.com In 2019, the now-convicted Sam Bankman-Fried issued a new “token,” called FTT, linked to his FTX cryptocurrency exchange. Initially sold to the public at $1, FTT peaked…

Bitcoin Taps $39K, MicroStrategy Buys $600M Worth of BTC, Market Remains Calm: This Week’s Crypto Recap

cryptopotato.com The cryptocurrency market increased throughout the past seven days, tapping over $1.5 trillion in terms of total capitalization. A lot of the gains are coming on the back of…

Bitcoin price went up in November

blockworks.co Bitcoin is again inching closer to a potential price breakout, even as it hovers at its highest point in 18 months. Markets priced bitcoin (BTC) above $38,600 on Friday…

Cristiano Ronaldo slammed with $1 billion lawsuit for promoting Binance NFTs

aol.com None Soccer star Cristiano Ronaldo has been hit with a lawsuit for promoting Binance NFTs. • None The plaintiffs are seeking damages in excess of $1 billion. • None Both…

Coinbase Stock Triples in 2023 After Firm Survives Crypto Chaos

finance.yahoo.com A 62% rally in Coinbase Global Inc. shares this month is shining a spotlight on Wall Street euphoria around the largest US crypto exchange. • None Tesla’s Cheapest…

How Does SBF Spend His Time in Jail, Former Mobster Explains

cryptopotato.com Gene Borrello, a former mobster turned federal informant, was separated from the general prison population and placed in a section with ex-gang members, informants, and…

SBF was almost extorted for ‘protection' in Brooklyn jail, recalls ex-inmate

cointelegraph.com Sam Bankman-Fried was reportedly worried for his safety during his pre-trial detention time at the Brooklyn Metropolitan Detention Center and even considered paying another…

‘League of Legends’ Trailer Scandal: It Wasn’t AI, We Just Messed Up, Says Riot Games

decrypt.co Responding to a flood of criticism over the alleged use of AI in a League of Legends video announcement, Riot Games said on Wednesday that the voice-over issues were not due…

Charlie Munger’s wisdom on crypto ‘poison’ shows investment experience counts

scmp.com Buffett’s Berkshire Hathaway today has an US$800 billion portfolio of shares like Apple, Bank of America, American Express, Coca-Cola, Mitsubishi and BYD . This is the…

Bankruptcy Court Declares FTX Debtors Can Begin To Sell $744,000,000 Worth of Grayscale and Bitwise Shares

dailyhodl.com A bankruptcy court is ruling that debtors of bankrupt crypto exchange FTX can begin selling hundreds of millions of dollars worth of Grayscale and Bitwise shares. In a new…

Tribeca Doc ‘This Is Not Financial Advice’ Lands at Fuse TV

hollywoodreporter.com This is Not Financial Advice, the cryptocurrency centric doc that had its debut at the Tribeca Film Festival, has landed at FuseTV. Chris Temple and Zach Ingrasci directed…

Coinbase rallies more than 60% in same month that FTX and Binance founders brace for prison

cnbc.com In a month that saw two of the crypto industry's leading figures headed on the path to prison, Coinbase shares rocketed more than 60%, their second-best monthly performance…

FTX Gets OK to Sell $744 Million in Grayscale Stakes

pymnts.com FTX has gotten the go-ahead to sell stakes in digital trusts managed by Grayscale. According to recent court filings, a bankruptcy judge has given the cryptocurrency firm…

Feds probe sports investor 777 over money flows

semafor.com The Scoop The federal prosecutor who won a conviction against Sam Bankman-Fried is overseeing a Justice Department investigation into sports buyer 777 Partners, whose…

Pro-crypto Majority Whip Tom Emmer denounces CBDCs as a ‘surveillance tool’ and calls for stablecoin oversight

fortune.com House Majority Whip Tom Emmer (R-Minn.) continued his pro-crypto crusade on Thursday, denouncing recent efforts by the executive branch to wrangle the wildcat industry.…

Sam Bankman-Fried and Elizabeth Holmes may just be the tip of the corporate fraud iceberg that costs the economy $830 billion annually, study says

finance.yahoo.com It’s been a hot few years of corporate fraud. A plea deal earlier this week for Binance founder Changpeng Zhao on charges of money laundering comes on the heels earlier this…

FTX is set to begin selling $744 million of assets to pay back creditors of the failed crypto exchange

aol.com None Failed crypto exchange FTX won approval in court to start selling $744 million in assets, per Bloomberg. • None It will sell stakes in digital trusts managed by…

FTX Given Green Light to Sell $873M in Assets Managed by Grayscale, Bitwise

financemagnates.com A recent court ruling has granted FTX permission to sell approximately $873 million worth of assets held in trust. Around $700 million of these assets are from Grayscale's…

FTX Debt Recovery: Court Approves Sale of Grayscale Assets Worth $873M Now

coinspeaker.com Coinspeaker FTX Debt Recovery: Court Approves Sale of Grayscale Assets Worth $873M Now A Delaware bankruptcy court has granted FTX’s administrators permission to sell the…

Bankruptcy court says FTX debtors can start selling assets including Grayscale units

theblock.co A Delaware bankruptcy court said Wednesday that FTX Trading and affiliated debtors can start selling trust assets that include interests in Grayscale and Bitwise funds worth…

Terra Classic and FTX Token Defy Odds With Major Rallies, $5.5 Million InQubeta Targets Number 1 ICO Spot

beincrypto.com is commanding all the attention with the crypto market expecting the United States Securities and Exchange Commission (SEC) to approve the first batch of spot Bitcoin ETFs…

From FTX to OpenAI: A Recap of the Year’s 3 Biggest Market Dramas

investorplace.com In case you missed it, these were the 3 biggest market dramas of the year The year 2023 has been a remarkable one for U.S. equities markets, as both the S&P 500 and the…

FTX Scores Approval: Cleared To Sell $873 Million In Assets To Settle Debts

bitcoinist.com The sale of around $873 million in trust assets by the insolvent cryptocurrency exchange FTX can now begin, and the money will go toward paying back creditors who were…

FTX Gains Court Approval to Sell Grayscale Trust Assets Nearly $800 Million

cryptopotato.com Bankrupt crypto exchange FTX has secured approval from the US bankruptcy court for the sale of crypto trust assets managed by Grayscale as part of efforts to make repayments…

Stop Solving the Wrong Problem

ofdollarsanddata.com My favorite story about Sam Bankman-Fried involves his time at Jane Street Capital where he built a system to get the 2016 U.S. Presidential election results before any…

DealBook Summit 2023: Elon Musk, Bob Iger, and more

theverge.com Every year, The New York Times’ DealBook Summit features a roster of major speakers sitting for interviews with Andrew Ross Sorkin. Last year, the conference gave us that…

Humanity-First Corporate Structures Highlight AI’s Problem

pymnts.com The companies developing the newest generational artificial intelligence (AI) tools are hoping to change the world. Some of them are even trying to change the way that…

FTX approved to liquidate $744M in Grayscale assets to pay creditors

cryptoslate.com In a significant move towards paying billions owed to creditors, FTX has gained bankruptcy court approval to begin liquidating its $744 million worth of stakes in digital…

FTX Gets Court Approval to Sell $744M Worth of Grayscale, Bitwise Trust Assets

coindesk.com The FTX estate was granted approval to sell its trust assets, including shares of Grayscale and Bitwise investment funds worth roughly $744 million, according to a New York…

Why bitcoin could have a bull run in 2024 and reach a new all-time high

marketwatch.com Welcome back to Distributed Ledger. This is Frances Yue, a reporter at MarketWatch. We are approaching the end of a year during which the crypto space witnessed increased…

Forbes built a hall of shame for all the questionable people on its 30 Under 30 lists

businessinsider.com Plenty of people on the Forbes 30 Under 30 lists have turned out to be not quite so shiny. • Forbes compiled a "hall of shame," highlighting some of the names they now…

This Hasn’t Happened to Bitcoin (BTC) in Six Years

cryptopotato.com TL;DR Bitcoin (BTC) has risen above $38,000 as BTC’s supply on exchanges drops to 5.38%, the lowest since December 2017, amid declining trust in exchanges following events…

From Girls to Grandmas: Onboarding Women into Web3 in 2024

thedefiant.io If Web3 is serious about onboarding billions of users, first, they need to get serious about onboarding girls and grandmas, and all women in between. For too long, crypto…

Binance invested heavily in lobbying before guilty plea

protos.com Binance has significantly expanded its investment in lobbying over the last two years, already spending over $1 million between Binance and Binance.US in 2023. OpenSecrets,…

Cristiano Ronaldo Faces $1 Billion Class Action Lawsuit For Promoting Binance

forbes.com Soccer legend Cristiano Ronaldo, the world’s highest paid athlete, is facing a class action lawsuit from Binance customers seeking $1 billion in damages for promoting the…

Fintech firm SoFi set to exit cryptocurrency business

aol.com Financial technology firm SoFi Technologies is set to exit the cryptocurrency business and has given its customers the option to migrate to UK-based Blockchain.com, the…

Philippines' Securities and Exchange Commission Issues Public Warning Against Binance

cryptodaily.co.uk In an official announcement issued today November 28, the Philippine Securities and Exchange Commission (PSEC) warned users that Binance is not a "registered entity" under…

Ronaldo, MLB, and Mercedes F1 Hit with Litigation Relating to Binance, FTX

cryptodaily.co.uk Class action lawsuits were filed against high-profile organizations and individuals, including pro football star Cristiano Ronaldo, for promoting the Binance crypto…

Lawyers file $1B class action against Ronaldo 3 months after similarly templated $1B CZ suit

cryptoslate.com Cristiano Ronaldo, the renowned football icon, has become the subject of a class-action lawsuit filed by the same two plaintiffs who previously sued Changpeng Zhao (CZ), the…

Red Card: Soccer Star Cristiano Ronaldo Faces Lawsuit Over Binance Endorsement

bitcoinist.com Superstar soccer player Cristiano Ronaldo is the target of a class-action lawsuit that claims investor damages resulted from his support of cryptocurrency exchange Binance.…

FTX Investors Add MLB and Formula 1 to Class-Action Lawsuit

pymnts.com Investors who lost billions of dollars in the collapse of cryptocurrency exchange FTX have reportedly expanded their legal action to include Major League Baseball (MLB),…

Binance Compliance Officer Under Scrutiny For FTX, Gemini, And Sex Trafficker Associations

newsbtc.com In a recent investigative report by the media outlet Unlimited Hangout, serious allegations were made against Noah Perlman, the chief compliance officer of Binance. The…

Column: The crypto scam is on life support. Why are some lawmakers trying to give it CPR?

finance.yahoo.com For crypto, November has been the cruelest month. Things got started with a blast Nov. 2, when scam artist Sam Bankman-Fried was convicted on seven fraud and conspiracy…

FTX Fraud: Mercedes F1 Team And Major League Baseball Indicted In New Lawsuit

bitcoinist.com In addition to a long list of court filings, FTX investors have filed a new lawsuit against the Mercedes F1 team and Major League Baseball, accusing them of aiding the…

I give 10 percent of my income to charity. You should, too

vox.com It’s Giving Tuesday, and it’s time for me to do what I do on Vox every Giving Tuesday: encourage people to give more money to effective charities. Over years of doing this,…

Top Binance exec Noah Perlman’s ties to Epstein, Moonstone, and Gemini

protos.com Binance’s chief compliance officer Noah Perlman reportedly has ties to the collapse of FTX, the troubled Winklevoss-owned Gemini, and infamous sex trafficker Jeffrey…

Here are the top money questions financial advisors were asked this Thanksgiving by friends and family

cnbc.com When it comes to gathering with friends and family over the holidays, etiquette experts usually say that money and politics should be off the table. That is, of course,…