News Explorer — Ex-FTX Executive Pleads Guilty, Forfeiting $1.5 Billion in Deal
Decrypt
Ex-FTX Executive Pleads Guilty, Forfeiting $1.5 Billion in Deal
Former FTX executive Ryan Salame has pleaded guilty to criminal campaign finance violation charges in a Manhattan court. He admitted to conspiring to make unlawful contributions and defraud the Federal Election Commission. As part of his plea deal, Salame will forfeit $1.5 billion. The news comes as FTX founder and former CEO Sam Bankman-Fried prepares for his own criminal trial in October.
Source Article
Latest
Sep 7, 9:34 pm
Decrypt
Texas Bitcoin Miners Are Making Millions by Selling Energy Back to Grid
The excessive heat in Texas has forced Bitcoin miners to temporarily shut down their operations, resulting in a 9% drop… Read Summary
Source Article
Sep 7, 8:04 pm
Decrypt
Ex-FTX Executive Pleads Guilty, Forfeiting $1.5 Billion in Deal
Former FTX executive Ryan Salame has pleaded guilty to criminal campaign finance violation charges in a Manhattan court…. Read Summary
Source Article
Sep 7, 6:58 pm
Decrypt
North Korea’s Lazarus Group Behind $41M Stake Hack, Says FBI
The Lazarus Group, a North Korean hacker organization, has been identified as the culprit behind the theft of $41 millio… Read Summary
Source Article
Sep 7, 6:01 pm
Decrypt
NFL All Day NFT Sales Drop 87% Year Over Year
Dapper Labs’ NFL All Day NFT collectibles platform is struggling to gain momentum in sales compared to the previous year… Read Summary
Source Article
Sep 7, 5:45 pm
Coindesk
CFTC’s Caroline Pham Proposes Crypto Regulation Pilot
Caroline Pham, a member of the Commodity Futures Trading Commission (CFTC), has proposed the creation of a limited pilot… Read Summary
Source Article
Sep 7, 4:43 pm
The Block
Southeast Asian Ride-Hailing App Grab Introduces NFT Payments and Blockchain Rewards
Grab, the popular ride-hailing superapp in Southeast Asia, has integrated web3 services into its platform. Users can now… Read Summary
Source Article
Sep 7, 3:18 pm
Coindesk
UK Crypto Firms Offered 3-Month Grace Period to Comply With New FCA Advertising Rules
The UK’s Financial Conduct Authority (FCA) has announced that crypto firms may be given an additional three months to im… Read Summary
Source Article
Sep 7, 2:20 pm
Coindesk
Former FTX Exec Ryan Salame to Plead Guilty in Criminal Case Involving Political Donations: Bloomberg
Ryan Salame, former co-CEO of FTX Digital Markets, is expected to plead guilty to criminal charges related to his handli… Read Summary
Source Article
Sep 7, 1:18 pm
Decrypt
Vitalik Buterin Pushes for ‘Privacy Pools’ to Balance Anonymity With Regulatory Compliance
Ethereum cofounder Vitalik Buterin has coauthored a research paper on a privacy-preserving blockchain protocol that aims… Read Summary
Source Article
Sep 7, 11:58 am
Blockworks
FASB Approves New Rules for Valuing Crypto Assets in Company Statements
The Financial Accounting Standards Board has unanimously approved new rules for valuing crypto assets in company financi… Read Summary
Source Article
Sep 7, 11:00 am
Coindesk
ZK-Powered DEX Brine Fi Raises $16.5M at $100M Valuation
Decentralized exchange Brine Fi has raised $16.5 million in a funding round led by Pantera Capital, with participation f… Read Summary
Source Article
Sep 7, 10:53 am
Protos
Weibo Removes 80 Top Crypto Influencers Amid China Crackdown
Weibo, a popular social media app in China, has removed 80 crypto influencers with over eight million followers each in… Read Summary
Source Article
Sep 7, 10:10 am
Decrypt
Judge Refers Sam Bankman-Fried’s Request for Pretrial Release to 3-Judge Panel
The judge presiding over FTX founder Sam Bankman-Fried’s case has denied his request for “immediate release,” referring… Read Summary
Source Article
Sep 7, 8:04 am
Reuters
Global Regulators, IMF Lay Out Roadmap to Address Crypto Risks
Global financial regulators and the International Monetary Fund (IMF) have outlined a roadmap to coordinate measures aim… Read Summary
Source Article
The post News Explorer — Ex-FTX Executive Pleads Guilty, Forfeiting $1.5 Billion in Deal appeared first on Crypto News Australia.
Filed under: Bitcoin - @ September 7, 2023 10:44 pm