Caroline Ellison “deeply regrets” FTX lies, must now forfeit $11 billion.
US commodities trading agency claimed its largest recovery ever for FTX victims.
Sam Bankman-Fried, or SBF, the disgraced cryptocurrency executive who was sentenced to 25 years in prison for fraud, will be transferred from Brooklyn, New York, to Mendota, California, against his wishes, the Wall Street Journal reports.Read more…
Wisconsin has officially become the first state to buy bitcoin, according to a new filing with the U.S. Securities and Exchange Commission. And while $98 million isn’t considered a lot of money for a state pension fund, it’s still a notable move given…
Nearly all of FTX’s former customers will get back almost 100% of the money they lost at the time of the cryptocurrency exchange’s collapse — if not more.Read more…
Bankruptcy lawyers representing customers impacted by the dramatic crash of cryptocurrency exchange FTX 17 months ago say that the vast majority of victims will receive their money back — plus interest. The news comes six months after FTX co-foun…
Early crypto investor Roger Ver, a.k.a. ‘Bitcoin Jesus,’ has been charged with a tax fraud, with the Department of Justice saying he evaded nearly $50 million in taxes. Read more…
Binance founder and former CEO Changpeng “CZ” Zhao was sentenced to four months in federal prison on Tuesday, first reported by the Associated Press. Zhao pleaded guilty to money laundering violations as part of Binance’s agreement with the United Stat…
Worldcoin, the project that hands out free cryptocurrency in exchange for biometric data, is experiencing a shortage of the orbs that scan everyone’s eyeballs, according to a new report from Semafor. But Tools for Humanity, the startup behind Worldcoin…
Days after Sam Bankman-Fried received a 25-year prison sentence, the FTX founder released a statement to ABC News saying how sorry he was about his crimes. He says he made some “bad decisions” and didn’t realize that his billion-dollar Ponzi scheme was…
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