"DeFi's Dirty Secret: The Missing Layer of Anonymity"

Why Changpeng Zhao Remains Free Despite a Prison Sentence

Changpeng Zhao's prison start is delayed as authorities assess Seatac's suitability; his high-powered legal team also contributes to the postponement.

CZ may serve prison sentence with “crypto-anarchist” Jim Bell

"If Mr. Zhao is incarcerated ... his wealth and status as a public figure will put his physical and mental health at risk of threats, including but not limited to theft and extortion."

U.S. DOJ Seeks Three-Year Sentence for Binance Founder Zhao

The DOJ demands a 36-month prison term and $50 million fine for Changpeng Zhao, citing major legal violations and necessary harsh penalties to deter future misconduct.

SBF appeals 25-year sentence, US House discusses stablecoin bill

Golden Finance launches the 2293rd issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest news on the digital currency and blockchain industry.

FTX Founder's Downfall: Prosecutors Demand Harsh Sentence Amid Fraud Conviction

Prosecutors are advocating for a lengthy prison term and an $11 billion judgment against Sam Bankman-Fried, former CEO of FTX, following his conviction for fraud. The case underscores the severity of financial misconduct in the cryptocurrency world, highlighting the need for accountability and caution.

Cryptocurrency and NFT Scammer Nets 8-Year Prison Sentence

Amir Hossein Golshan, a 25-year-old Los Angeles resident, has been sentenced to 96 months in federal prison for orchestrating various scams, including "SIM swapping" to hijack Instagram accounts. Golshan's schemes, resulting in over $1.2 million in losses, involved impersonating individuals, fraudulent advertising, and exploiting two-step authentication vulnerabilities, showcasing the escalating sophistication of digital fraud.

Innovative CBDC Project Unveils Payer Anonymity Prototypes

The BIS Innovation Hub concludes Project Tourbillon, introducing eCash 1.0 and eCash 2.0 prototypes for a private CBDC with unmatched payer anonymity. While the project marks a milestone in CBDC evolution, regulatory challenges and potential financial inclusion barriers pose significant considerations for its widespread adoption.

Former Bithumb Chairman Faces 8-Year Sentence

Former Bithumb Chairman, Lee Jeong-hoon, faces an eight-year prison sentence over allegations of manipulating Bithumb's governance in a complex cryptocurrency scandal, with a verdict set for January 18, 2024, potentially impacting Bithumb's future and regulatory scrutiny in the industry.

FTX Bankruptcy Ruling Could Set a Precedent for Anonymity

Judge John Dorsey ruled that US customers of the collapsed exchange FTX can stay anonymous.

Problems with anonymity in Web3