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Sam Bankman-Fried’s 25-Year Sentence Sets Stage for Legal Scrutiny of FTX Associates in Financial Misconduct Case
Sam Bankman-Fried, the founder of FTX, has been sentenced to a lengthy prison term for financial misconduct. Following this, his former colleagues Caroline Ellison, Gary Wang, Ryan Salame, and Nishad Singh are also facing legal issues. Despite some cooperating with... -
Philippines SEC Charges eToro with Offering Unregistered Securities
On April 4, the Philippines Securities and Exchange Commission (SEC) announced that it was illegal for eToro to offer securities trading in the country. According to the regulator, eToro is not registered as a corporation in the Philippines and lacks... -
OneCoin’s Legal Chief Receives Four-Year Sentence for Role in Cryptocurrency Pyramid Scheme
OneCoin's Legal Chief Irina Dilkinska was sentenced to four years imprisonment by US Judge Edgardo Ramos on April 3 after pleading guilty to helping the Web3 company to launder millions of dollars in its fraud scheme. The Judge also ruled... -
Hester Peirce Criticizes SEC’s Closed-Door Policy for Hampering Crypto Innovation
On April 2, the United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce condemned the agency’s stringent policy guidelines limiting innovations in the crypto industry. Hester Peirce Advocates for More Interaction Between SEC & the Public Hester Peirce's swipe... -
MAS Introduces New Regulations for Digital Payment Token Service Providers
On April 2, the Monetary Authority of Singapore (MAS) announced an amendment to the Payment Service Act (PS Act) and its subsidiary legislation to broaden the scope of regulated services and impose user protection on digital payment token (DPT) service... -
BlackRock CEO Larry Fink Expresses Strong Confidence in Bitcoin’s Long-Term Future
BlackRock CEO Larry Fink had made bullish remarks about Bitcoin in a Fox Business interview on March 27. He stated that the BlackRock spot Bitcoin ETF is having massive inflows, which makes it the fastest-growing ETF in history. IBIT Scores... -
Robert Kiyosaki Forecasts Bitcoin at $100K by September and Advocates for Increased Investment
Robert Kiyosaki, author of "Rich Dad Poor Dad," predicts Bitcoin will reach $100,000 by September. He believes the upcoming halving event will drive its value higher and plans to buy more Bitcoin. Kiyosaki advises investors to consider adding Bitcoin to... -
Munchables Developer Returns $62.8M in Ether Post-Exploit
Munchables had announced on March 27 that one of its developers, who was responsible for the recent breach, had returned $62.8M worth of Ether. This development came after a series of negotiations with the developer, who decided to return the... -
Institutional Interest Surges in Crypto Market, Says Goldman Sachs Head of Digital Assets
Goldman Sachs' digital assets chief has revealed that major institutions are increasingly entering the crypto market, showing a shift from Bitcoin relying mainly on individual investors in the past. This shift underscores a changing perception of cryptocurrencies, with large financial... -
Grayscale CLO Confident Ether ETF’s Greenlight Despite SEC’s Passive Stance
Craig Salm, the Chief Legal Officer (CLO) at Grayscale, has, on March 25, expressed optimism about the approval of applications for spot Ether exchange-traded funds (ETFs), which is scheduled for May 2024. His statement came in the wake of concerns...
