Ryan Salame, the head of FTX’s subsidiary in the Bahamas, was the first of Sam Bankman-Fried’s deputies to be sentenced since the crypto exchange collapsed in November 2022.
Category: Virtual Currency
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Ether Cryptocurrency ETFs Are Approved by the SEC
The Securities and Exchange Commission gave its blessing to a fund that tracks the price of the most valuable cryptocurrency after Bitcoin.
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Sam Bankman-Fried, FTX Founder, Transferred From Brooklyn Jail
The FTX founder’s final destination wasn’t clear, but Mr. Bankman-Fried has told people close to him that he expected to be moved to a facility in Mendota, Calif.
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This Man Did Not Invent Bitcoin
For years, Craig Steven Wright, an Australian cryptocurrency enthusiast, claimed to be Satoshi Nakamoto, the mysterious creator of Bitcoin. Then the courts got involved.
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Biden Bans Chinese Bitcoin Mine Near U.S. Nuclear Missile Base
An investigation identified national security risks posed by a crypto facility in Wyoming. It is near an Air Force base and a data center doing work for the Pentagon.
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FTX Customers Poised to Recover All Funds Lost in Collapse
Bankruptcy lawyers for FTX said that customers of the cryptocurrency exchange were set to get all their money back, plus interest.
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Binance’s Founder Plans a Comeback Even as He Faces Prison Time
Since pleading guilty to violating money-laundering rules, Changpeng Zhao, who ran the giant crypto exchange Binance, has networked across the United States to set up his next act.
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Countdown Is On for the Bitcoin ‘Halving’
Bitcoin aficionados are hoping that a scheduled reduction in the number of new coins going into circulation will cause the price of the cryptocurrency to skyrocket.