Business / Blockchain and Cryptocurrency

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Pressure Grows in Congress to Treat Crypto Investigator Tigran Gambaryan, Jailed in Nigeria, as a Hostage

Pressure Grows in Congress to Treat Crypto Investigator Tigran Gambaryan, Jailed in Nigeria, as a HostageA new resolution echoes what 16 members of Congress have already said to the White House: It must do more to free one of the most storied crypto-focused federal agents in history. Powered by WPeMatico https://www.wired.com/feedFeed: All LatestChannel DescriptionTechnology124Andy Greenberg

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Binance CEO Changpeng Zhao Quits, Pleads Guilty, and Must Pay $200 Million in Fines

Binance CEO Changpeng Zhao Quits, Pleads Guilty, and Must Pay $200 Million in FinesChangpeng Zhao, also known as CZ, will step down and plead guilty to violating money-laundering requirements as part of a DOJ settlement. The company will also pay $4.3 billion in fines. Powered by WPeMatico https://www.wired.com/feedFeed: All LatestChannel DescriptionTechnology124Joel Khalili

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DOJ Charges Binance With Vast Money-Laundering Scheme and Sanctions Violations

DOJ Charges Binance With Vast Money-Laundering Scheme and Sanctions ViolationsFrom Russia to Iran, the feds have charged Binance with allegedly conducting well over $1 billion in transactions with sanctioned countries and criminal actors. Powered by WPeMatico https://www.wired.com/feedFeed: All LatestChannel DescriptionTechnology124Andy Greenberg

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Sam Bankman-Fried Has Been Found Guilty of Fraud

Sam Bankman-Fried Has Been Found Guilty of FraudThe founder of crypto exchange FTX, once crypto’s golden child, has been found guilty on all seven counts of fraud and conspiracy. Powered by WPeMatico https://www.wired.com/feedFeed: All LatestChannel DescriptionTechnology124Joel Khalili, Lily Hay Newman

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Live Updates: The Trial of FTX Founder Sam Bankman-Fried, the Verdict

Live Updates: The Trial of FTX Founder Sam Bankman-Fried, the VerdictWhen Sam Bankman-Fried’s FTX crypto exchange collapsed, customers lost billions of dollars. After a bruising trial in New York, the jury is set to deliver its verdict. Powered by WPeMatico https://www.wired.com/feedFeed: All LatestChannel DescriptionTechnology124

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Sam Bankman-Fried Built a Crypto Paradise in the Bahamas—Now He’s a Bad Memory

Sam Bankman-Fried Built a Crypto Paradise in the Bahamas—Now He’s a Bad MemoryFTX staff lived the high life in the Bahamas. Following the exchange’s high-profile collapse, the country is trying to rebuild its reputation. Powered by WPeMatico https://www.wired.com/feedFeed: All LatestChannel DescriptionTechnology124Joel Khalili

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Sam Bankman-Fried Will Testify in His Own Trial. It’s a Legal Hail Mary

Sam Bankman-Fried Will Testify in His Own Trial. It’s a Legal Hail MaryReceived wisdom is that defendants shouldn’t take the stand in fraud trials. FTX founder Sam Bankman-Fried’s choice to do so is a bold gamble. Powered by WPeMatico https://www.wired.com/feedFeed: All LatestChannel DescriptionTechnology124Joel Khalili, Amanda Hoover

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Sam Bankman-Fried’s Lawyers Are Doing Just Fine, Actually

Sam Bankman-Fried’s Lawyers Are Doing Just Fine, ActuallyThe defense in the FTX cofounder’s trial have been accused of failing to land any blows during cross-examination. They might be doing the best they can with a weak hand. Powered by WPeMatico https://www.wired.com/feedFeed: All LatestChannel DescriptionTechnology124Joel Khalili

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Citing Hamas, the US Wants to Treat Crypto “Mixers” as Suspected Money Launderers

Citing Hamas, the US Wants to Treat Crypto “Mixers” as Suspected Money LaunderersWith a new emphasis on the Hamas attacks on Israel, the US Treasury has proposed designating foreign cryptocurrency “mixer” services as money launderers and national security threats. Powered by WPeMatico https://www.wired.com/feedFeed: All LatestChannel DescriptionTechnology124Andy Greenberg

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