The cryptocurrency has gained roughly 150 percent this year, as investors bet that regulators will soon approve the first spot exchange-traded fund that is designed to track the price of Bitcoin.
Category: Virtual Currency
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U.S. Case Details Binance’s Knowledge About Criminal Users
The crypto exchange treated them as essential customers, the government said. U.S. authorities want the industry to understand how bad that is for business.
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Binance Founder Changpeng Zhao Pleads Guilty to Money Laundering Violations
Changpeng Zhao will pay a $50 million fine and step down as chief executive of the company he created, the latest blow to the crypto world since the implosion of FTX last year.
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Cryptocurrency Prices Surge, Driven by a Potential Bitcoin Fund
Investors anticipate regulatory approval of an exchange traded fund linked directly to Bitcoin, which will they hope will encourage more people to invest in the digital asset.
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Bankman-Fried’s Guilty Convictions Complete His Fall From Grace
The verdict in the FTX founder’s fraud trial leaves the crypto industry’s onetime poster child facing a lifetime behind bars.
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Sam Bankman-Fried Was a Grown Up Criminal, Not an Impulsive Man-Child
Investors bought into the perception of the FTX founder as an unkempt boy genius. The jury didn’t buy it.
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Silicon Valley Shrugs Off Sam Bankman-Fried’s Trial
Tech investors lauded Mr. Bankman-Fried and helped fund his FTX crypto exchange. The tech industry has since done what it does best: move on.
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Sam Bankman-Fried’s Wild Rise and Abrupt Crash
The crypto king gambled that his trading platform would make him a benevolent trillionaire. But after a fraud conviction, all bets are off.
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Sam Bankman-Fried Is Found Guilty of 7 Counts of Fraud and Conspiracy
The case against the founder of the failed FTX exchange had come to symbolize the excesses of the volatile cryptocurrency industry.
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Jury Begins Deliberations for a Verdict in Sam Bankman-Fried’s Trial
The trial for the founder of the collapsed FTX cryptocurrency exchange has moved more speedily than anticipated.
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Sam Bankman-Fried Built FTX Into a ‘Pyramid of Deceit,’ Prosecutor Says
The criminal fraud trial for the founder of the FTX crypto exchange has reached closing statements. Jurors will then begin deliberating.