Sam Bankman-Fried Prosecutor Promises ‘Handcuffs for All’ Crypto Crooks
Damian Williams, the U.S. attorney for the powerful Southern District of New York, set an ominous warning following the conviction of former crypto kingpin Bankman-Fried.
Damian Williams, the U.S. attorney for the powerful Southern District of New York, set an ominous warning following the conviction of former crypto kingpin Bankman-Fried.
The jury reached the verdict on the first anniversary, coincidentally, of the CoinDesk scoop that spurred the former crypto mogul’s downfall.
The bitcoin derivatives market shows signs of overheating, one observer noted.
While convicted traffickers sought the best off-shore destination for crypto riches, U.S. authorities say they listened in and pounced on the ill-gotten gains from darknet drug sales.
The crypto exchange’s third quarter transaction revenue fell 12% from previous quarter.
The token is up more than four-fold in 2023 after starting the year at around $10.
Recent reports that terrorism organizations such as Hamas pocketed as much as $130 million in crypto funding have been proved incorrect but were resurrected in Congress today.
Hashdex’s decision to use CME, a regulated exchange, per the SEC’s requirement of a surveillance-sharing agreement (SSA), might set it apart from the group.
“For the industry to move to the next level, we need to migrate to adult supervision,” said the MicroStrategy executive chairman.
Traders on crypto-powered Polymarket have bet a grand total of $4,512 on the question, underscoring the current limitations of prediction markets.