#FTX News

Celsius Boss Alex Mashinsky Sentenced to 12 Years in Crypto Fraud Case
cryptonews.com Alex Mashinsky, the founder of failed crypto lender Celsius Network, has been sentenced to 12 years in prison for defrauding hundreds of thousands of customers who were…

Coinbase Q1 2025 Earnings Underperform Expectations
beincrypto.com Coinbase’s long-awaited Q1 2025 Earnings Report came out today, disappointing bullish expectations in several key areas. Nonetheless, user activity is still strong, with…

Breaking: Celsius Founder Alex Mashinsky Hit With a 12-Year Prison Sentence for Crypto Fraud
coinpedia.org The post Breaking: Celsius Founder Alex Mashinsky Hit With a 12-Year Prison Sentence for Crypto Fraud appeared first on Coinpedia Fintech News Mashinsky was charged with…

Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence
newsbtc.com Alexander Mashinsky, the former CEO of crypto lending firm Celsius, was sentenced to 12 years in prison on Thursday after pleading guilty to two counts of fraud. Celsius…

Tom Brady, Larry David Among Celebs Cleared in FTX Lawsuit
decrypt.co A judge on Thursday dismissed most—but not all—claims against high-profile celebrities sued for promoting collapsed crypto exchange FTX. In an opinion filed Wednesday, U.S.…

Binance Founder CZ Says He Applied for President Trump Pardon
decrypt.co After completing his four-month prison sentence for money laundering charges last year, Binance founder and former CEO Changpeng “CZ” Zhao said recently that he has begun…

Former FTX exec's wife says gov't 'induced a guilty plea'
cointelegraph.com Michelle Bond, the wife of former FTX Digital Markets co-CEO Ryan Salame, who faces federal campaign finance charges, is pushing for dismissal on the grounds that US…

Celsius Founder Alex Mashinsky Sentenced to 12 Years for Crypto Fraud
watcher.guru Celsius founder and former CEO Alex Mashinsky has been sentenced to serve 12 years in prison for crypto fraud. Mashinsky defrauded hundreds of thousands of customers lured…

Binance Boasts Surplus Reserves, Bolstering Confidence After FTX Fallout
cryptonews.com Key Takeaways: Excess reserves above 100% indicate stronger exchange stability than competitors. USDT deposits grew 2.6% as investors shifted to stablecoins amid volatility.…

Ex-Celsius CEO asks to travel for a wedding after sentencing
cointelegraph.com Former Celsius CEO Alex Mashinsky will probably be allowed to travel for his daughter’s wedding regardless of the outcome of his May 8 sentencing hearing. In a May 8 filing…

GRVT Hits $5 Billion: How Ex-Goldman Exec Pioneered a Hybrid Exchange Post FTX Crisis
beincrypto.com GRVT co-founder Hong Yea left behind a rising executive career at Goldman Sachs to launch a hybrid crypto exchange as the market collapsed. Four months after the mainnet, it…

Pump.Fun News: 98% of Tokens on Pump.Fun Have Been Rug Pulls or an Act of Fraud, Report Says
coindesk.com A report by Solidus Labs has revealed the alarming scale of fraudulent activity on the Solana blockchain, with 98.6% of tokens launched on Pump.fun being chalked down as rug…

Cobie says UpOnly will return if someone buys this $20M NFT
protos.com Crypto OG and Echo founder Jordan Fish, a.k.a. Cobie, says that he will take on the role of “performing monkey” in a new series of his influential UpOnly podcast — but only…

Up Only
uponly.tv Cobie & Ledger talked to Zane Tackett, who directed institutional sales at FTX until just a couple days ago, and was working to help find solutions for the gap directly with…

Ex-SafeMoon CEO claims innocence, blames founder as trial begins
cointelegraph.com Braden John Karony, the former CEO of crypto firm SafeMoon, made an out-of-court statement claiming innocence as his criminal trial began in New York. In a May 6 X post…

Solana: SOL’s Price If Its Market Cap Equals Ethereum
watcher.guru has emerged as a solid competitor to Ethereum (ETH). The SOL network has seen incredible growth over the last few years. Transaction fees and time have also seen a dramatic…

CZ called pardon reports false, now he’s applying for one
protos.com Former Binance CEO Changpeng Zhao has revealed that he is officially angling for a presidential pardon, despite shooting down previous reports of negotiations with the…

How the Aptos 'Community Takeover' Revived Dev Interest in the Network
decrypt.co Layer-1 blockchain Aptos saw an increase in new developer interest following the viral social media campaign from user BuzzlamicJihad. So much so that Ash Pampati, head of…

Binance’s Changpeng Zhao Seeks Trump Pardon, Praises His ‘Business Strategy’
coinpedia.org The post Binance’s Changpeng Zhao Seeks Trump Pardon, Praises His ‘Business Strategy’ appeared first on Coinpedia Fintech News Just months after finishing a four-month…

John Karony trial starts with a confused witness and SafeMoon merch
protos.com The criminal trial of former SafeMoon CEO Braden John Karony started at a sprint today, moving swiftly from opening statements and testimony from a victim who lost $20,000,…

Former Celsius CEO Fights DOJ’s 20-Year Punishment Proposal Ahead Of May 8 Sentencing
bitcoinist.com Celsius’ former CEO’s lawyers have filed a motion seeking a reduced one-year sentence and criticizing the US Department of Justice’s (DOJ) proposed 20-year punishment ahead…

Crypto legislation worries, gold starts rallying again, CFTC to trial tokenisation
decrypt.co Crypto legislation worries, Gold starts rallying again, CFTC to trial tokenisation - FOMO HOUR EP351 BTC: 93.7k (-1%), ETH: 1765 (-3%), SOL: 142 (-3%). Top Gainers: XDC,…
Coinbase: Official Crypto Sponsor of LoL and Valorant Esports
99bitcoins.com In a newly announced multi-year partnership with Riot Games, Coinbase will serve as the official crypto sponsor for League of Legends and Valorant global esports events.…

Netflix is Making a Series on FTX
beincrypto.com According to Hollywood rumors, Netflix is planning to make a movie based on the 2022 FTX collapse. Julia Garner is rumored to be finalizing negotiations to play Caroline…

FTX Estate Fumbles $500,000,000 Investment As AI Coding Platform Cursor Now Valued at Nearly $1,000,000,000: Report
dailyhodl.com FTX bankruptcy liquidators sold its stake in the artificial intelligence (AI) coding platform Cursor for $200,000, missing a potential $500 million windfall, according to…

Crypto Exchange Coinbase Sponsors 'League of Legends' and 'Valorant' Esports
decrypt.co American crypto exchange Coinbase has announced a new marketing deal with Riot Games, becoming the exclusive crypto exchange and official blockchain partner for both League…
Coinbase sponsors Riot Games’ League of Legends, Valorant esports
blockworks.co This is a segment from The Drop newsletter. To read full editions, subscribe. Coinbase is now sponsoring Riot Games for the studio’s League of Legends and Valorant Esports…

FTX missed out on $500 million after selling Anysphere's Cursor AI stake for just $200K
cryptoslate.com Bankrupt FTX has missed out on nearly half a billion dollars in potential profit after liquidating its early stake in Anysphere, the company behind the fast-rising AI code…

Binance Founder CZ Predicts Bitcoin Could Hit $1 Million This Cycle
bitcoinist.com In an exclusive, two-hour conversation recorded in Abu Dhabi during Token 2049, Changpeng “CZ” Zhao laid out the most unabashedly bullish outlook on Bitcoin that he has…

The secret to Maple Finance’s $1bn revival? Courting institutions, its CEO says
dlnews.com Sam Bankman-Fried almost killed Maple Finance. The collapse of FTX, the crypto exchange, in 2022 almost dragged down the crypto lender, too, especially after the strain…

FTX Liquidators Dumped a $500M Stake in AI Startup Cursor
coinpedia.org The post FTX Liquidators Dumped a $500M Stake in AI Startup Cursor – Now It’s Worth Billions appeared first on Coinpedia Fintech News Crypto never sleeps, and neither do its…

Good actors were 'unfairly targeted' by SEC
cointelegraph.com The Securities and Exchange Commission’s (SEC) enforcement approach on crypto firms has left a lasting “regulatory overhang” within the industry, according to Devin Finzer,…

Saylor copycats move to Solana
unchainedcrypto.com For much of history, companies had to build something tangible to create economic value, be it manufacturing cars, drilling for oil, or developing a ubiquitous social media…

What do crypto users want to happen to Alex Mashinsky?
cointelegraph.com Crypto users are weighing in as Alex Mashinsky, the former CEO of Celsius Network, prepares to stand before a judge on May 8 to face sentencing for commodities fraud and a…

'It's Not Fun': Binance Founder CZ Recounts Prison Experience
decrypt.co Binance founder and former CEO Changpeng “CZ” Zhao said that his time spent in prison was “scary” and “extremely hard,” adding that he wouldn’t wish it on anybody—though he…

How High Would Solana Price Go if Bitcoin Hits $1M as Top Analysts Predict?
coingape.com price recovery has faced significant resistance at $156 as crypto market sentiment wanes. As top experts like Cathie Wood, Larry Fink, and Arthur Hayes forecast BTC reaching…

Tower Research Latest to Expand into Crypto, Gears Up to Dominate Market-Making
cryptonews.com Tower Research Capital, a major player in high-speed trading, is ramping up its crypto operations through a lesser-known internal unit, Limestone Trading. The move comes as…

Justin Sun Accuses First Digital Trust of Misusing $500 Million via Dubai Banks
beincrypto.com Tron founder Justin Sun has renewed his accusations against First Digital Trust (FDT), claiming the firm moved $500 million in customer funds to banks in Dubai. In a May 3…

2 overbought cryptocurrencies to avoid trading this week
finbold.com The cryptocurrency market is in a consolidation phase, but several digital currencies are witnessing increased buying pressure, pushing them into the overbought zone.…

Actor Ben McKenzie Reveals Crypto Documentary 'Everyone Is Lying to You for Money'
decrypt.co Actor and noted crypto critic Ben McKenzie is set to make his directorial debut at SXSW London with the June premiere of his documentary, “Everyone Is Lying to You for…

FTX and Celsius repayments left billions in value behind. The DOJ may change that
dlnews.com The US Department of Justice is reconsidering how victims in digital asset bankruptcies and enforcement cases are compensated. In an April 7 memo, the DOJ said it may…

Deribit eyes US expansion under crypto-friendly Trump admin: FT
cointelegraph.com Deribit, the world’s largest crypto options exchange, is weighing an entry into the US market, encouraged by what it sees as a friendlier regulatory climate under President…

Mango Markets Exploiter Gets 4 Years for 1.3K Child-Exploitation Images
cryptonews.com Mango Markets exploiter Avraham “Avi” Eisenberg was sentenced to over four years in federal prison for allegedly possessing child sexual abuse material (CSAM) in the…

Crypto skeptic to release SBF, Mashinsky interviews in documentary
cointelegraph.com Ben McKenzie, an actor known for his roles on television shows including Gotham and The OC, will make his directorial debut in a scathing documentary about cryptocurrency.…

Breakout to $185 Incoming? Here’s When
watcher.guru has made quite a recovery over the last month. The asset’s price fell to sub-$100 levels during the recent market crash. Fortunately, SOL’s price has rallied 18% in the past…

Australian election will bring pro-crypto laws either way
cointelegraph.com Despite reports in February suggesting that 2 million pro-crypto voters could decide the outcome of this week’s Australian Federal Election, crypto has barely rated a…

How $131m ETF inflows stabilised Bitcoin’s price
dlnews.com Wall Street is doing what nobody thought possible: stabilise Bitcoin’s price — by crypto standards, at least. Bitcoin exchange-traded funds took in $131 million over the…
99Bitcoins BlackRock’s Head Of Digital Assets Says “Flows Are Back In A Big Way” On Bitcoin ETFs
99bitcoins.com In a discussion held on 30 April 2025 at the Token2049 Abu Dhabi, Robert Mitchnick, Head of Digital Assets at BlackRock, said that it will be interesting to see who was…

Kraken takes on Robinhood with stock trading as race for investors heats up
dlnews.com Kraken now trades stocks. Robinhood is growing its crypto franchise. And Coinbase? It’s drilling deeper into DeFi. It’s a dynamic moment in the trading game but one thing is…
99Bitcoins “Go Long Everything” Says Maelstrom CEO At Token2049 Abu Dhabi
99bitcoins.com In his “Full Send” keynote at the Token2049 event in Abu Dhabi on 30 April 2025, Arthur Hayes, Maelstrom’s CEO confirms his bullish outlook on crypto markets. “It’s time to…

Should Victims of Crypto Fraud Get Repaid at Current Prices? DOJ to Investigate
unchainedcrypto.com In a memo released last Monday, the DOJ said that it would reconsider the process by which investors in digital assets that become forfeited in fraud and theft cases are…
FTX repayments loom over Solana
blockworks.co This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Solana is stalled sideways, with the broader crypto market hitting some light turbulence.…

Prosecutors Seek Up To 20 Years In Prison For Celsius Founder Alex Mashinsky
zycrypto.com Prosecutors have asked a judge to sentence Celsius Network founder Alex Mashinsky to 20 years for his role in a multibillion-dollar fraud. The US Department of Justice (DOJ)…

FTX Files Lawsuit Against Two Companies for Allegedly Failing To Return Assets as Part of Recovery Program
dailyhodl.com The bankrupt crypto exchange FTX is suing two companies for allegedly not returning digital assets. In a new statement, FTX says that it filed complaints in US bankruptcy…

Celsius ex-CEO Alex Mashinsky says he’s no Sam Bankman-Fried in bid for light sentence
dlnews.com Lawyers for Alex Mashinsky insist the 59-year-old tech executive is no Sam Bankman-Fried. Federal prosecutors say otherwise. At stake is the fate of the co-founder of…

Is Bitcoin Finally Decoupling from Stocks and Following Gold?
cryptonews.com Key Takeaways: Bitcoin has “clearly separated” from the S&P 500 and Nasdaq Composite over the last two weeks, according to latest data. The data shows that cryptocurrency is…

BitMEX Co-founder Arthur Hayes Re-Affirms $1.5 Million Bitcoin Price Target
coinspeaker.com Coinspeaker BitMEX Co-founder Arthur Hayes Re-Affirms $1.5 Million Bitcoin Price Target Arthur Hayes, the co-founder and former CEO of BitMEX, has once again shared his bold…