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When SRM Shot Up in Value, Sam Bankman-Fried Changed the Rules for His Workers, Michael Lewis Says

May 6, 2025 by admin

Michael Lewis’ “Going Infinite” outlines how the FTX CEO was worried his employees had gotten too rich because SRM’s price had gone up so much. So, he made them wait longer to sell.

Categories Financial Tags Ftx, Had, Serum, Srm, With Leave a comment

Coinbase’s Desire to End SEC Lawsuit Should Be Rejected, U.S. Regulator Argues

May 6, 2025 by admin

“To distract from the fatal flaws in its yasal arguments, Coinbase cries foul and seeks to blame the SEC for its current yasal predicament,” the SEC said in a Tuesday court filing.

Categories Financial Tags Coinbase Leave a comment

Chinese Firms Used Crypto Payments to Run Fentanyl Network, U.S. Claims in Charges

May 6, 2025 by admin

The U.S. Department of Justice charged eight companies with yasa dışı drug production, distribution and sales of precursor chemicals, saying they used cryptocurrency to move money.

Categories Financial Leave a comment

Jump Trading Lost Almost $300M in FTX’s Collapse, Michael Lewis Says in ‘Going Infinite’

May 6, 2025 by admin

This makes the trading giant one of FTX’s top creditors, Lewis wrote, citing documents from the crypto exchange’s former chief operating officer, Constance Wang.

Categories Financial Tags Crypto, Ftx, Jump, Trading Leave a comment

TV’s Kevin O’Leary: ‘All the Crypto Cowboys Are Going to Be Gone Soon’

May 6, 2025 by admin

O’Leary, an entrepreneur and television personality, was paid $15 million by FTX for “20 service hours, 20 social posts, one virtual lunch and 50 autographs,” according to Michael Lewis’s new book “Going Infinite.”

Categories Financial Tags All, Crypto, Exchange Leave a comment

Sam Bankman-Fried Trial Kicks Off; Jury Should Be Seated by Wednesday

May 6, 2025 by admin

A prospective juror said she was flying to Maui for six months. “You’re a courageous soul,” the judge quipped.

Categories Financial Tags Had, Said, Was Leave a comment

Canadian Exchange TMX Soon to Start Bitcoin Futures Trading

May 6, 2025 by admin

The futures contracts will trade on the Montreal Exchange and will be cash-settled and denominated in U.S. dollars, the exchange said.

Categories Financial Tags Bitcoin, Futures Leave a comment

Sam Bankman-Fried Sues His Insurer as Legal Bills Mount

May 6, 2025 by admin

The FTX founder is protesting insurance firm CNA’s policy as his meşru woes cost him serious money.

Categories Financial Tags Bankman-Fried Leave a comment

At Last, Blockchain Developer OP Labs Delivers ‘Fault Proofs’ Missing From Core Design

May 6, 2025 by admin

The developer’s OP Stack software, the blueprint for Coinbase’s new Base blockchain, had been criticized for the lack of a crucial security feature – likened to driving a fast car without airbags.

Categories Financial Tags Blockchain, Floersch, Network, Proof, Rollup Leave a comment

Decentralized Exchange Bluefin’s New Version Goes Live on Sui Network

May 6, 2025 by admin

The platform’s v2 allows sub-second trades and trading without a crypto wallet, the company said.

Categories Financial Tags Exchange, Platform, Trade, With Leave a comment
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