SEC Urges Users to Be Wary of Crypto Proof-of-Reserves Audits
According to a recent Wall Street Journal report, the Securities and Exchange Commission (SEC) is increasing its scrutiny of proof-of-reserves audit firms’ work for cryptocurrency...
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Gary Gensler: Crypto Crackdown Is Just Getting Started
Gary Gensler, the chair of the SEC, was quoted as saying that the agency is only getting started with its crackdown on cryptocurrencies in one...
Sam Bankman-Fried Has Been Released on $250M Bail
Sam Bankman-Fried, the disgraced creator of FTX, has finally been released from custody after posting bail in the sum of $250 million, which may very...
SBF Arrives in the US to “Face the Music”
Following his extradition from The Bahamas on Wednesday night, Sam Bankman-Fried (SBF), the shamed FTX founder and former CEO who is facing eight criminal fraud...
Paxful Removes Ethereum (ETH) from its Platform to Maintain “Integrity”
The CEO of Paxful, a cryptocurrency peer-to-peer (P2P) marketplace, Ray Youssef, said on Wednesday that he will be removing the second-largest crypto by trading volume,...
Twitter’s Search Now Includes Bitcoin (BTC) and Ethereum (ETH) Price Indexes
The prominent social media site, Twitter, has introduced a new feature that allows users to search the price of Bitcoin (BTC) and Ethereum (ETH) simply...
FTX Execs Caroline Ellison and Gary Wang Plead Guilty
According to a statement sent out by the United States Attorney for the Southern District of New York on Wednesday, Gary Wang, a co-founder of...
All Crypto Users Are Dumb, Says Mathematician Nassim Taleb
Nassim Taleb, a well-known mathematician and cryptocurrency critic, recently took to Twitter to voice his condemnation of the cryptocurrency sector. He called cryptocurrency users “dimwits,”...
Democrat PAC to Refund $3 Million in FTX Political Donations
The Democratic Senate Majority PAC is proposing to refund $3 million in political donations from the former executives of the cryptocurrency exchange FTX in response...
Sam Bankman-Fried Has Agreed to Be Extradited to the U.S.
On December 20, reports surfaced that Sam Bankman-Fried, the founder of FTX, signed paperwork authorizing his handover to Federal Bureau of Investigation (FBI) agents and...