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Caroline Ellison, Star Witness in FTX Case, Should Receive Lenient Sentence, Prosecutors Signal

Caroline Ellison, Star Witness in FTX Case, Should Receive Lenient Sentence, Prosecutors SignalMs. Ellison, Sam Bankman-Fried’s former girlfriend and a top executive in his empire, is set to be sentenced on Sept. 24 for her role in the collapse of the crypto exchange. Powered by WPeMatico https://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124David Yaffe-Bellany and Matthew Goldstein

Caroline Ellison, Star Witness in FTX Case, Should Receive Lenient Sentence, Prosecutors Signal Read More »

Binance Founder Should Get Three Years in Prison, Prosecutors Say

Binance Founder Should Get Three Years in Prison, Prosecutors SayDefense lawyers for Changpeng Zhao, the founder of the crypto exchange Binance, countered that he should receive no prison time. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124David Yaffe-Bellany

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Bitcoin Hits Record High, Recovering From 2022 Meltdown

Bitcoin Hits Record High, Recovering From 2022 MeltdownBitcoin’s price surged above $69,000, breaking the record the digital currency set in November 2021 when the crypto industry was booming. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124David Yaffe-Bellany

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Is Cryptocurrency Like Stocks and Bonds? Courts Move Closer to an Answer.

Is Cryptocurrency Like Stocks and Bonds? Courts Move Closer to an Answer.Federal judges are weighing whether digital currencies should be subject to the same rules as stocks and bonds. The outcome could shape crypto’s future in the U.S. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Matthew Goldstein and David Yaffe-Bellany

Is Cryptocurrency Like Stocks and Bonds? Courts Move Closer to an Answer. Read More »

$4 Billion of New Bitcoin ETFs Change Hands in First Trading Day

$4 Billion of New Bitcoin ETFs Change Hands in First Trading DayThe products, known as exchange-traded funds, were approved by federal regulators this week, a watershed moment for the crypto industry. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124David Yaffe-Bellany

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The Hot New Market in Crypto? Trading FTX’s Carcass.

The Hot New Market in Crypto? Trading FTX’s Carcass.Investors are spending hundreds of millions of dollars on FTX bankruptcy claims, betting that the firm’s new leaders will recover the money that Sam Bankman-Fried misappropriated. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124David Yaffe-Bellany and Matthew Goldstein

The Hot New Market in Crypto? Trading FTX’s Carcass. Read More »

U.S. Case Details Binance’s Knowledge About Criminal Users

U.S. Case Details Binance’s Knowledge About Criminal UsersThe crypto exchange treated them as essential customers, the government said. U.S. authorities want the industry to understand how bad that is for business. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Emily Flitter

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Cryptocurrency Prices Surge, Driven by a Potential Bitcoin Fund

Cryptocurrency Prices Surge, Driven by a Potential Bitcoin FundInvestors anticipate regulatory approval of an exchange traded fund linked directly to Bitcoin, which they hope will encourage more people to invest in the digital asset. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124David Yaffe-Bellany

Cryptocurrency Prices Surge, Driven by a Potential Bitcoin Fund Read More »

Sam Bankman-Fried Is Found Guilty of 7 Counts of Fraud and Conspiracy

Sam Bankman-Fried Is Found Guilty of 7 Counts of Fraud and ConspiracyThe case against the founder of the failed FTX exchange had come to symbolize the excesses of the volatile cryptocurrency industry. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124David Yaffe-Bellany, Matthew Goldstein and J. Edward Moreno

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Sam Bankman-Fried’s Wild Rise and Abrupt Crash

Sam Bankman-Fried’s Wild Rise and Abrupt CrashThe crypto king gambled that his trading platform would make him a benevolent trillionaire. But after a fraud conviction, all bets are off. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124David Streitfeld

Sam Bankman-Fried’s Wild Rise and Abrupt Crash Read More »

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