
April 18th, 2025
While early-stage crypto companies may still find willing investors, late-stage tech investors have largely exited the space.
The heart of the DOJ’s argument lies in the assertion that evidence regarding the current value of Bankman-Fried’s investments, particularly his stake in Anthropic, is irrelevant to the charges against him.
The Hong Kong Monetary Authority (HKMA) recently completed a public consultation on stablecoins regulations.
Wang’s testimony was part of a plea agreement with prosecutors stemming from his guilty plea filed in December 2022.
The launch of the VC fund in Hong Kong highlights the country’s rising role as a crypto haven.
The suit is demanding monetary damages, court costs and the remission of ill-gotten gains based on seven counts.
While FTX customers remain optimistic about the future of cryptocurrency, their battle for compensation continues.
Lewis, however, noted that there was no way for SBF to confirm if that number came directly from Donald Trump.
Despite this major shuffle by FTX exploiter, Ethereum price has gained to $1,750 levels before the launch of Ethereum futures ETFs.
BlockFi determined earlier this year that liquidation was the best choice for compensating customers after extensive consideration.
Until FTX collapsed in November, FTX Europe was the only firm offering special crypto derivatives (perpetual futures) to the European market.
The defendants allegedly used their connections on the inside to ensure that their withdrawals were prioritized over those of other customers.
The move comes shortly after the beleaguered crypto exchange FTX filed a lawsuit against the parents of its founder, Joseph Bankman and Barbara Fried, both distinguished professors at Stanford Law School.
SBF’s parents are said to have received millions of dollars from FTX and used political donations amounting to over $100 million to cover up.
FTX’s lawsuit seeks redress for the alleged fraudulent financial activities undertaken by Joseph Bankman and Barbara Fried.