Business / Blockchain and Cryptocurrency

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Crypto Groups Gemini, Genesis, and DCG Sued for $1.1 Billion ‘Fraud’

Crypto Groups Gemini, Genesis, and DCG Sued for $1.1 Billion ‘Fraud’New York’s attorney general has filed a lawsuit against crypto companies, including the Winkelvoss twins’ Gemini, alleging they misled investors. Powered by WPeMatico https://www.wired.com/feedFeed: All LatestChannel DescriptionTechnology124Joel Khalili

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SBF’s Magic Hair and Other Big Moments From the FTX Trial

SBF’s Magic Hair and Other Big Moments From the FTX TrialThe prosecution used star witness Caroline Ellison to drive home just how much power Sam Bankman-Fried allegedly had in orchestrating financial decisions at FTX and Alameda. Powered by WPeMatico https://www.wired.com/feedFeed: All LatestChannel DescriptionTechnology124Angela Chen

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‘A Galactic Embarrassment’: The Crypto World Is Already Sick of SBF’s Trial

‘A Galactic Embarrassment’: The Crypto World Is Already Sick of SBF’s TrialFTX founder Sam Bankman-Fried’s trial for fraud is sucking all the air out of the room. Crypto folks can’t wait for it to be over. Powered by WPeMatico https://www.wired.com/feedFeed: All LatestChannel DescriptionTechnology124Joel Khalili

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Sam Bankman-Fried Made Reasonable Business Decisions, Lawyers Claim

Sam Bankman-Fried Made Reasonable Business Decisions, Lawyers ClaimAs the FTX founder’s trial got underway, the prosecution claimed Bankman-Fried deliberately stole customer money and used it for his own trading. The defense countered that he always acted in good faith. Powered by WPeMatico https://www.wired.com/feedFeed: All LatestChannel DescriptionTechnology124Angela Chen

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The Trial of Sam Bankman-Fried, Explained

The Trial of Sam Bankman-Fried, ExplainedWhite-collar defendants use three main defenses: “It wasn’t me, I didn’t mean it, and the people that say I did are lying.” FTX’s Sam Bankman-Fried is likely to go for “I didn’t mean it,” experts say. Powered by WPeMatico https://www.wired.com/feedFeed: All LatestChannel DescriptionTechnology124Joel Khalili

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Confusion Spirals in Crypto as the US Cracks Down

Confusion Spirals in Crypto as the US Cracks DownThe Securities and Exchange Commission launched enforcement actions against some of the industry’s major players, raising questions over crypto’s future.https://www.wired.com/feedFeed: All LatestChannel DescriptionTechnology124Joel Khalili Powered by WPeMatico

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