Former FTX CEO Sam Bankman-Fried receives 25-year prison sentence, highlighting legal scrutiny in crypto. Judge cites $1.7B investor loss, $1.3B lender loss, and $8B customer shortfall. Complex sentencing reflects industry complexities. Victim testimonies underscore human toll. Defense emphasizes intent. Case shapes digital asset regulation discussions.
Huang BoThe bank also predicts that the Ethereum ETF, expected to be approved on May 23, will lead to inflows of up to $45 billion in the first 12 months, with Ethereum prices climbing to $8,000 by the end of 2024.
JinseFinanceSilicon Valley investor Tim Draper reiterated his confidence in Bitcoin in a Bloomberg interview, still insisting that Bitcoin will reach $250,000 in 2025.
JinseFinanceThe long-anticipated sentencing of Sam Bankman-Fried, former CEO of FTX, is slated for March 2024.
KikyoJinseFinanceUpbit's new KRW trading pair for MINA led to a 50% price surge in 24 hours.
JoyAlibaba and Tencent push forward AI investment in Zhipu, shaping China's tech landscape.
Hui XinRussian actor Artem Tkachenko found himself entangled in a distressing crypto scam, losing over $250,000. Like the rest of us folks, it seems like celebrities aren’t immune to crypto scams.
CatherineU.S. Treasury Department wants the crypto community to weigh in on how digital assets might be used in illegal activities, and how the department should respond to this issue.
CoindeskKorea's Financial Intelligence Unit is cracking down on foreign-based cryptocurrency exchanges that are yet to register with relevant authorities in the country.
Cointelegraph