Caroline Ellison, former CEO of Alameda Research, has been sentenced to two years in prison for her role in the collapse of the now-defunct cryptocurrency exchange FTX.
The post Caroline Ellison Sentenced to Two Years in Prison for FTX Fraud appeared first on Cryptonews. …
Category: Cryptocurrencies
BNY Mellon Plans to Dive Into Crypto ETF Custody Business
BNY Mellon is progressing toward offering Bitcoin and Ether custody services for ETP clients, following an SEC review.
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US SEC Charges TrueUSD Stablecoin Backers With $700K Penalty
Affiliated backers of the TrueUSD (TUSD) stablecoin allegedly misrepresented the token’s stability, defrauding investors.
The post US SEC Charges TrueUSD Stablecoin Backers With $700K Penalty appeared first on Cryptonews. …
Unprecedented Bitcoin Price Rally Expected – Experts Eye ‘Extraordinary Upside’ from ETF Options Launch
Experts predict significant Bitcoin price growth following the approval of spot Bitcoin ETF options, driving increased institutional adoption and market stability.
The post Unprecedented Bitcoin Price Rally Expected – Experts Eye ‘Extraordinary Upside’ from ETF Options Launch appeared first on Cryptonews. …
Sky Reconsiders Offboarding Wrapped Bitcoin as Collateral After BA Labs’ Recommendation
Decentralized finance pioneer Sky, previously known as Maker, is revisiting its decision to offboard Wrapped Bitcoin (WBTC) as collateral in its lending protocol.
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Binance Aids India’s Enforcement Directorate in Busting $47.6M Fiewin Gaming Scam
Binance has played a pivotal role in assisting India’s Enforcement Directorate (ED) in dismantling a $47.6 million gaming scam linked to the Fiewin app.
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SocGen’s Crypto Unit Partners With Bitpanda to List Stablecoin Product
French banking giant Societe Generale-FORGE’s crypto subsidiary SG-FORGE has partnered with Bitpanda, listing its EUR CoinVertible (EURCV) stablecoin.
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Top Financial Advisors Are Allocating to Crypto: Bitwise CIO Reveals
Bitwise CIO Matt Hougan highlights a major shift as majority of financial advisors at the Barron’s Advisor 100 Summit confirm holding crypto. While personal adoption is rising, many firms still restrict advisors from offering crypto products to clients.
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Former Alameda Research CEO Caroline Ellison Set to Be Sentenced Today
Former Alameda Research CEO Caroline Ellison is set to be sentenced in the United States Southern District of New York today for her role in the FTX collapse. Ellison notably gave a three day testimony against Bankman-Fried last fall as part of his landmark digital asset fraud trial that saw the FTX founder land 25 years in prison.
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Early Bitcoin Miner from 2009 Moves BTC to Kraken After Years of Inactivity
After a ten-year hiatus, an early Bitcoin miner from 2009 has started up again, sending 15 BTC to Kraken in recent weeks.
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