FTX Co-founder Sentenced To No Prison Time in Fraud Case

watcher.guru FTX co-founder Gary Wang was sentenced to no prison time by a judge Wednesday, following his cooperation with prosecutors. Wang helped the prosecution’s case against Sam…

BONK Near All-Time High as 24-Hour Volume on Coinbase Exceeds That for XRP, SOL, and ADA

unchainedcrypto.com Dog-inspired memecoin BONK continues to set new all-time highs in price, and has also generated a 24-hour trading volume on Coinbase that exceeds tokens with substantially…

FTX CTO Gary Wang avoids prison time

techcrunch.com Not every former top FTX executive is heading to prison. Gary Wang, former FTX chief technical officer, was spared prison time by U.S. District Judge Lewis Kaplan today.…

Former FTX Executive Gary Wang Avoids Prison Time After Building Crypto Surveillance Tools for Government: Report

dailyhodl.com The former chief technology officer of disgraced crypto exchange FTX is dodging prison time by cooperating with the US government. According to a report from Reuters, Wang –…

‘Cowardly Path’ Leads to Redemption: Former FTX Exec Gary Wang Skates on Prison Sentence

news.bitcoin.com Inner City Press reports that the former FTX executive Gary Wang, who admitted to creating the code enabling Sam Bankman-Fried to misappropriate $8 billion from the…

FTX Co-Founder Gary Wang Receives No Jail Time After Testimony Against SBF

beincrypto.com The court sentenced the FTX co-founder and long-time friend of Sam Bankman-Fried to no jail time and three years of supervised release. Authorities credit Wang’s help with…

Former FTX CTO Gary Wang Spared Prison Time For Cooperating With Prosecutors

coinpedia.org The post Former FTX CTO Gary Wang Spared Prison Time For Cooperating With Prosecutors appeared first on Coinpedia Fintech News Former FTX chief technology officer and close…

Former FTX CTO Gary Wang avoids prison time for role in crypto fraud

cryptobriefing.com Gary Wang, the former chief technology officer of FTX who helped founder Sam Bankman-Fried steal nearly $8 billion from customers, avoided prison time at his sentencing on…

FTX co-founder won’t serve time in prison, judge rules

blockworks.co Former top FTX executive Gary Wang was sentenced to time served with three years of supervised release Wednesday for his role in the $8 billion fraud that preceded the…

Crypto Executive Avoids Prison, FTX Seeks $1.8 Billion in Binance Lawsuit

financemagnates.com Gary Wang, the former cryptocurrency executive who created the software that enabled FTX founder Sam Bankman-Fried to misappropriate around $8 billion from customers, was…

FTX co-founder Gary Wang avoids prison time in crypto fraud case

coinjournal.net Gary Wang is now the fifth former executive of collapsed crypto exchange FTX to be sentenced for their role in the company’s implosion. Wang received a sentence of time…

FTX Co-Founder Gary Wang Avoids Prison Time Due to Cooperation Against SBF

decrypt.co FTX co-founder Gary Wang avoided prison time Wednesday, sentenced to time served and three years of supervised release for his role in the crypto exchange’s collapse. “You…

CHART: FTX and Alameda execs get a total of 34.5 years in prison

protos.com Today’s news that FTX co-founder Gary Wang has been sentenced to time served and supervised release for his role in the multi-billion dollar FTX fraud scheme means that only…

FTX co-founder Gary Wang sentenced to ‘time served’ as FTX criminal cases end

cryptoslate.com Gary Wang, co-founder and former chief technology officer of crypto exchange FTX, was sentenced to time served with no additional jail time after providing extensive…

Breaking: Gary Wang Spared Prison Time In FTX Fraud Case

coingape.com Gary Wang, a former top executive at the now defunct FTX Derivatives Exchange will not face jail term in the trading platforms fraud case. In a rare form of leniency, Judge…

Caroline Ellison sentenced to two years in prison for FTX fraud

techcrunch.com Caroline Ellison, the former CEO of FTX affiliate Alameda Research, was sentenced to two years in prison on Tuesday. Ellison pled guilty to conspiring with FTX’s Sam…

US Attorney Who Prosecuted FTX’s Sam Bankman-Fried to Leave Office

beincrypto.com Damian Williams, the prosecutor behind the FTX’s Sam Bankman-Fried trial, is potentially planning to leave the US District Court for the Southern District of New York before…

Binance Pool Introduces Fractal BTC Mining Starting Nov. 18

cryptonews.com Binance Pool is set to revolutionize mining by introducing merged mining capabilities for Bitcoin (BTC) and Fractal Bitcoin (FB) starting November 18, 2024. This new…

The crypto industry plowed tens of millions into the election. Now, it’s looking for a return on that investment

cnn.com The cryptocurrency industry’s leading super PACs plowed $131 million into congressional races this election cycle to help elect dozens of pro-crypto lawmakers, while…

What happened in crypto this week

coinjournal.net What a week it’s been with the crypto market: Bitcoin hits $93,000, FTX sues Binance and former CEO Changpeng “CZ” Zhao for $1.76 billion, BlackRock’s spot Bitcoin ETF hits…

Prominent US Prosecutor’s Office To Reduce Focus on Crypto Cases, Says Top Official: Report

dailyhodl.com A prominent US Attorney’s office reportedly plans to reduce its focus on crypto cases with Donald Trump headed back to the White House. On Thursday, Trump announced on Truth…

Manhattan Prosecutors Revise Crypto Crime Tactics After Trump’s Latest Appointment

bitcoinist.com The US Attorney’s Office in Manhattan is reportedly shifting its approach to crypto crime enforcement, allocating “fewer resources” to this area following a series of…

US Crypto Owners Expect Less Enforcement, But More Regulation

cryptonews.com Cryptocurrency enforcement in the United States may ease under the upcoming administration of Republican President-elect Donald Trump, with regulatory priorities expected to…

Prosecutors Ease Off: Crypto Crimes Lose Spotlight in Manhattan

news.bitcoin.com The U.S. Attorney’s Office in Manhattan will scale back its focus on cryptocurrency crimes after securing high-profile convictions, including FTX founder Sam Bankman-Fried…

What Does Trump's Win Mean for Crypto?

coindesk.com Donald Trump and the Republican Party at large had a strong 2024 election, winning the presidency, Senate and House. This almost certainly guarantees crypto legislation will…

New SDNY US Attorney to Cool Down Crypto Crackdowns after Bankman-Fried Conviction

beincrypto.com The US Attorney’s Office for the Southern District of New York (SDNY) will scale back its crypto prosecutions. However, the office will finish a few prominent cases like Sam…

Former SEC Chair Jay Clayton Tapped By Donald Trump For USDNY Attorney Role

cryptonews.com Former United States Securities and Exchange Commission (SEC) Chair Jay Clayton has been selected By President-elect Donald Trump as the U.S. attorney for the Southern…

Manhattan US Attorney To Devote Fewer Resources To Police Crypto Crimes: Prosecutor

coinpedia.org The post Manhattan US Attorney To Devote Fewer Resources To Police Crypto Crimes: Prosecutor appeared first on Coinpedia Fintech News According to the latest report from…

New York prosecutors to scale back crypto enforcement amid leadership transition

cryptoslate.com The US Attorney’s Office in Manhattan will scale back its focus on crypto crimes following a series of high-profile convictions, including the recent case against FTX…

Manhattan US Attorney To Reduce Crypto Cases After Major Convictions, Prosecutor Reveals

coingape.com The U.S. Attorney’s Office in Manhattan plans to reduce its focus on cryptocurrency-related crimes. This decision follows a series of major legal victories, according to…

Manhattan US Attorney’s Office to Reduce Pursuit of Crypto Cases

watcher.guru The Manhattan US Attorney’s Office plans to reduce its pursuit of crypto cases and devote fewer resources to policing crypto crimes, prosecutors said Friday. This comes…

Trump Names Former SEC Chair Jay Clayton to DOJ Office, the Same Office That Prosecuted SBF

coindesk.com President-elect Donald Trump said former Securities and Exchange Commission Chair Jay Clayton would be his U.S. Attorney for the Southern District of New York, heading up…

Miami’s Odell Beckham Jr Trolls No-Coiners as Stupid

99bitcoins.com Back in 2021, Odell Beckham Jr made headlines converting his LA Rams earnings into a Bitcoin salary, but with BTC over $90K, the Miami Dolphins Quarter-Back is enjoying the…

3AC Liquidators Seek to Boost FTX Claim to $1.53 Billion from $120 Million

cryptonews.com Liquidators for the now-bankrupt crypto hedge fund Three Arrows Capital (3AC) are seeking a court’s approval to raise their claim against FTX from $120 million to a…

Pro-Crypto Sen. John Thune Elected as Next Senate Majority Leader

cryptonews.com Sen. John Thune, a Republican from South Dakota, has been elected Senate Majority Leader in the 119th Congress. Thune, who will succeed Sen. Mitch McConnell, has a record of…

Nishad Singh, FTX’s ‘king of kindness,’ dodges prison for role in exchange’s $8bn fraud

dlnews.com Nishad Singh, a soft-spoken former software engineer colleagues once called the “king of kindness,” was sentenced on Wednesday to time served for his role in the failure of…

U.S. Government Seeks Crypto in Connection With SBF’s Bribes to Chinese Officials

cryptonews.com U.S. officials filed a forfeiture complaint on Tuesday to recover crypto assets tied to disgraced FTX founder Sam Bankman-Fried’s alleged $40 million bribe to Chinese…

DOJ Seeks $16M in Crypto from Binance Over FTX Bribery Allegations Involving SBF

cryptopotato.com The U.S. Department of Justice (DOJ) has filed a civil forfeiture complaint to seize cryptocurrency worth about $16 million held in a Binance account. This action is the…

DOJ targets $16 million in Binance account tied to Sam Bankman-Fried foreign bribery case

cryptoslate.com The US Department of Justice (DOJ) filed a civil forfeiture complaint to seize approximately $16 million in assets from a Binance account connected to an FTX bribery case,…

What to Expect from Apple and A24’s Sam Bankman-Fried Biopic?

coingape.com The biggest crypto exchange collapse, the FTX crash, is again in the limelight, as a Sam Bankman-Fried biopic is in the making. After the launch of the Sam-inspired book…

Apple Studios and A24 Team Up for a Sam Bankman-Fried Movie

99bitcoins.com The dramatic rise and fall of Sam Bankman-Fried, the disgraced founder of crypto exchange FTX, is set to hit the silver screen. As Apple Studios and A24 are reportedly…

DOJ Seeks Seizure of $16M in Crypto Linked to FTX from Binance After Year-long Investigation

cryptonews.com The U.S. Department of Justice (DOJ) has initiated a civil forfeiture complaint to seize approximately $16 million in cryptocurrency held in a Binance account. The move…

Apple Developing Movie on FTX Founder Sam Bankman-Fried, Based on Michael Lewis’ Book

cryptonews.com Apple Studios and film production company A24 are reportedly teaming up to produce a film about Sam Bankman-Fried, the infamous FTX founder. Lena Dunham, co-creator and star…

FTX And Their 23 Lawsuits: Will Defrauded Investors See Justice?

forbes.com As FTX’s bankruptcy estate seeks to recover funds for creditors, it has filed 23 new lawsuits targeting entities like Binance, Anthony Scaramucci, SkyBridge Capital,…

US Seeks to Seize Crypto Account Linked to Sam Bankman-Fried’s China Bribe

beincrypto.com The US government is seeking control of a crypto account linked to Sam Bankman-Fried, which was allegedly used to bribe Chinese officials before FTX’s collapse in 2022.…

U.S. DOJ Seeks to Seize $16M in Crypto Linked to FTX and Sam Bankman-Fried

coinpedia.org The post U.S. DOJ Seeks to Seize $16M in Crypto Linked to FTX and Sam Bankman-Fried appeared first on Coinpedia Fintech News After a year-long investigation, the U.S.…

US bids to seize Bankman-Fried’s crypto allegedly used in China bribes

cointelegraph.com Prosecutors petitioned a New York federal court to seize crypto they alleged is linked to bribes paid to Chinese officials by Sam Bankman-Fried.

Why Is the Crypto Market Down Today?

beincrypto.com The total crypto market cap (TOTAL) and Bitcoin (BTC) are seemingly finally cooling down after noting a stupefying rally these last few days. Joining them in this cooldown…

DOJ Seeks Seizure of $16 Million in FTX-Linked Crypto Following Year-Long Probe

decrypt.co The U.S. Department of Justice has filed a civil forfeiture complaint seeking the seizure of roughly $16 million in crypto held in a Binance account following a year of…

Apple to launch Sam Bankman-Fried film with A24 studio

cryptobriefing.com Apple Studios and A24 are developing a film around infamous FTX founder Sam Bankman-Fried, according to a Variety report. The film will adapt Michael Lewis’ bestselling…

Ex-Alameda Co-CEO to Surrender Yacht and Apartments to FTX Debtors

cryptopotato.com Sam Trabucco, the former co-CEO of Alameda Research and a close associate of FTX founder Sam Bankman-Fried, has reached a preliminary settlement with the creditors of the…

Just In: Sam Bankman-Fried’s Rise & Fall Set For Big Screen In Apple Film

coingape.com Apple and production studio A24 are bringing Sam Bankman-Fried’s story to the big screen, with writer-director Lena Dunham adapting the tale of his rise and fall.…

Ex-Alameda CEO Sam Trabucco Agrees To Forfeit Two Apartments, Yacht and $70,000,000 in Rights to Claims: Report

dailyhodl.com Former Alameda Research co-CEO Sam Trabucco has agreed to forfeit millions of dollars worth of assets for his alleged role in the collapse of crypto exchange FTX in 2022.…

How Crypto Played the Political Game

unchainedcrypto.com The 2024 elections have reshaped the future of crypto in Washington. With almost $200 million in donations, the Fairshake Super PAC not only backed pro-crypto candidates but…

Ex-Alameda Co-CEO Sam Trabucco Agrees to Give Up Yacht, Real Estate in FTX Creditor Settlement

cryptonews.com Sam Trabucco, the former and somewhat elusive co-CEO at Alameda Research, has struck a deal with FTX to settle his debts with the collapsed crypto exchange. According to a…

FTX sues Binance, former CEO CZ for alleged fraudulent $1.76b transfer

coinjournal.net In 2019, Binance acquired a 20% stake in collapsed FTX in a deal with Sam Bankman-Fried In 2021, Binance and FTX agreed to a deal that saw FTX buying back the stake,…