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Bitcoin
Another Court Finds SEC Acted ‘Arbitrarily and Capriciously’
The United States Court of Appeals for the Fifth Circuit has found that the U.S. Securities and Exchange Commission (SEC) acted “arbitrarily and capriciously” in a case involving the stock buyback disclosure rule.…
Guilty on All Counts: Former FTX CEO Sam Bankman-Fried Faces Potential Century-Long Sentence
Sam Bankman-Fried, the disgraced former CEO of FTX, has been convicted on all seven charges, including wire fraud, securities fraud, commodities fraud, and money laundering. The jury reached a verdict at around 7:45 p.m. (ET) on Thursday…
JPMorgan CEO: Inflation May Be Stickier Than People Think, Fed May Raise Rates Further
The CEO of JPMorgan Chase, Jamie Dimon, has warned that inflation may be more persistent than many expect, and the government’s fiscal and monetary stimulus in the past several years has been greater than many realize. Dimon also…
Bitcoin Mining Stocks Soar 10% as BTC Hovers Near 17-Month High at $35K
Bitcoin mining stocks soared Thursday amid stable bitcoin price near its 17-month highs and bullish equity markets.
OCCRP Investigation Alleges Bukele Embezzled $200 Million for Bitcoin Projects in El Salvador
An investigation led by the Organized Crime and Corruption Reporting Project (OCCRP) alleges that Nayib Bukele, President of El Salvador, deviated hundreds of millions of dollars granted by the Central American Bank for Economic Integration…
Prosecutor: FTX Boss Sam Bankman-Fried Stole Billions From Customers, Lied About It
Federal prosecutor Nicolas Roos argued this week that Sam Bankman-Fried stole billions in customer funds from his cryptocurrency exchange FTX and lied repeatedly to cover it up, actions that make him guilty on all counts. The…
October’s NFT Market Contracts Over 21%, With Ethereum’s Share Shrinking by $35 Million
October proved to be a beneficial period for the broader crypto asset landscape; however, it cast a shadow on the non-fungible token (NFT) sector, witnessing a 21.64% dip in sales. Ethereum’s NFTs took the lion’s share,…
Here’s Why Bitcoin Will 10X From Here: Michael Saylor
The MicroStrategy executive chairman appeared on CNBC on day after the company reported its Q3 earnings.
Bitcoin Round-Trips Its Way Back Under $35K as Fidelity’s Timmer Calls It ‘Exponential…
The world's largest crypto remains higher over the past 24 hours, but has slumped nearly 4% from its overnight high.
Sam Bankman-Fried’s Attorney Paints Picture of Mistakes, Not Crimes, in Closing Argument
Sam Bankman-Fried’s lawyer Mark Cohen gave a final argument Wednesday, portraying the FTX founder as someone who “did his best” and made mistakes but did not commit crimes.
Bankman-Fried’s Lawyer: ‘Mistakes…