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‘A Pyramid of Deceit’: Prosecutors Begin Closing Argument in Sam Bankman-Fried Fraud Trial

May 8, 2025 by admin

The U.S. Department of Justice is hoping the four-week case will lead to a conviction on seven charges.

Categories Financial Tags All, Bankman-Fried, Said Leave a comment

Deutsche Bank and Standard Chartered Ventures Test SWIFT Killer for Stablecoins and CBDCs

May 8, 2025 by admin

The Universal Digital Payments Network instructs and allows transactions, ranging from stablecoins on public blockchains to central bank digital currencies.

Categories Financial Tags All, Bank, Blockchain, Network, Udpn Leave a comment

Real-World Asset Loan Worth $20M Sours on DeFi Platform Goldfinch, Bringing RWA Lending Under Scrutiny

May 6, 2025 by admin

The development follows the default of a $5 million loan on Goldfinch made to an African robotaxi company.

Categories Financial Tags All, Goldfinch, Post, Said, This Leave a comment

Sam Bankman-Fried Ordered ‘Special Privileges’ for Alameda, FTX Co-Founder Gary Wang Testifies

May 6, 2025 by admin

“Sam told me to make mühlet Alameda’s accounts would never get liquidated on FTX,” Wang said.

Categories Financial Tags All, Bankman-Fried, Ftx, Said, Wang Leave a comment

Crypto for Advisors: Waiting for the Next Crypto Bull Market? It’s Already Here.

May 6, 2025 by admin

Is crypto winter slowly thawing and spring upon us? Thanks to Jennnifer Murphy from Runa Digital Assets sharing their perspective on the crypto market and indicators that the bull may be upon us.

Categories Financial Tags All, Crypto, Have, Market, This 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

There’s a Lot of Thefts Happening

May 6, 2025 by admin

Regulators don’t need more excuses to look suspiciously at the crypto industry, but a recent wave of hacks and thefts provide one anyway.

Categories Financial Tags All, Crypto, This, Was, Week Leave a comment

The Collapse of FTX, in Sam’s Own Words

May 6, 2025 by admin

As we prepare to hear from the DOJ and Sam Bankman-Fried, here’s what the former crypto executive had to say about FTX’s collapse last year.

Categories Financial Tags All, From, Sbf, This, Was Leave a comment

Sam Bankman-Fried (Probably) Won’t Get a 115-Year Prison Sentence

May 5, 2025 by admin

The FTX founder will be defending himself against wire fraud and conspiracy charges. Here’s what that means.

Categories Financial Tags All, Bankman-Fried, May, Try, Will Leave a comment

Binance, U.S. Affiliate, Changpeng ‘CZ’ Zhao File to Dismiss SEC Lawsuit

May 5, 2025 by admin

The motions to dismiss leans on major questions doctrine claims, among other arguments.

Categories Financial Tags All, Binance, Crypto, Over, Sec Leave a comment
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