The world’s largest crypto exchange is under fire after investigators found accounts moving $1.7 billion to Iranian entities. Clues about those accounts were in plain sight for over a year.
Category: Virtual Currency
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In a Memoir Draft, Changpeng Zhao of Binance Details the Talks Leading to His Prison Time
In a draft of his memoir, Changpeng Zhao, the founder of Binance, laid out the secret negotiations that led to his imprisonment and a run-in with ICE.
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He Hopes to Turn the Island of Nevis Into a Libertarian Paradise, With Crypto
A Bitcoin baron wants to build a libertarian paradise on the island of Nevis. Democracy is getting in the way.
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The Rise of Prediction Markets
Billions of dollars are trading hands on sites like Polymarket and Kalshi, where people bet on everything from Taylor Swift’s wedding date to election outcomes.
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Coinbase, the Biggest U.S. Crypto Company, Asserts Its Power in Washington
The top executive of the crypto exchange Coinbase scuttled a planned Senate committee vote on a major cryptocurrency bill after voicing his concerns, a sign of the company’s clout.
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Coinbase and the Crypto Revolt Against a Crypto Bill
Legislation to establish a regulatory framework for digital tokens has been thrown into turmoil — by one of its biggest champions.
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What Trump’s Embrace of Crypto Has Unleashed
A boundary-pushing array of new crypto ventures have reached the stock market, enticing investors and leading to more risk taking.
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Do Kwon, Crypto Entrepreneur Who Caused 2022 Crash, Sentenced to 15 Years
Do Kwon, who designed the virtual currencies Luna and TerraUSD, which plunged in 2022, had pleaded guilty to fraud.
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Silicon Valley’s Man in the White House Is Benefiting Himself and His Friends
David Sacks, the Trump administration’s A.I. and crypto czar, has helped formulate policies that aid his Silicon Valley friends and many of his own tech investments.