FTX

This Week in Web3: FTX Engineer Singh Walks, Crypto Payments Surge
This Week in Web3: FTX Engineer Singh Walks, Crypto Payments Surge
October 30, 2024  |  Cryptocurrency

For almost their entire history, despite designs to the contrary, the primary role of cryptocurrencies and digital assets has been confined largely to trading and...

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FTX Engineering Chief Gets Probation in Crypto Fraud Case
FTX Engineering Chief Gets Probation in Crypto Fraud Case
October 30, 2024  |  Legal

One-time FTX executive Nishad Singh was sentenced to three years of supervised release — with no prison time — Wednesday (Oct. 30) afternoon. Before announcing the...

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Stablecoins, Payments and Court Battles Define This Week in Web3
Stablecoins, Payments and Court Battles Define This Week in Web3
October 09, 2024  |  Blockchain

Cryptocurrency and Web3 technologies are supposed to represent the future of finance, offering a decentralized and borderless world where money, data and assets flow freely....

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FTX Creditors Will Earn 119% Profit in Bankruptcy Settlement
FTX Creditors Will Earn 119% Profit in Bankruptcy Settlement
October 08, 2024  |  Legal

Most of FTX’s creditors will profit from their investments in the failed cryptocurrency exchange. That’s according to a bankruptcy agreement approved Monday (Oct. 7) by...

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Stablecoins, Tokenization and Caroline Ellison Headline This Week in Web3
Stablecoins, Tokenization and Caroline Ellison Headline This Week in Web3
September 25, 2024  |  Blockchain

Cryptocurrency’s wild ride isn’t over yet. Regulators are closing in, and innovation is speeding up. It’s safe to say that the blockchain landscape remains a...

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Caroline Ellison Gets 2 Years in Prison for Role in FTX Collapse
Caroline Ellison Gets 2 Years in Prison for Role in FTX Collapse
September 24, 2024  |  Legal

Caroline Ellison, the former executive who played a role in the collapse of the FTX crypto exchange and later became the star witness in the...

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This Week in Web3: Blockchain Succeeds Where Crypto Can’t
This Week in Web3: Blockchain Succeeds Where Crypto Can’t
September 18, 2024  |  Blockchain

People and businesses tend to think of crypto in one of two ways. The first is that crypto and blockchain more broadly are transforming technologies...

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SEC and Prager Metis Settle Charges Related to FTX Audits
SEC and Prager Metis Settle Charges Related to FTX Audits
September 17, 2024  |  Legal

The Securities and Exchange Commission (SEC) has announced a settlement with audit firm Prager Metis that includes charges related to the firm’s audits of FTX....

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Bankman-Fried Says ‘Rush to Judgment’ Prevented Fair Trial
Bankman-Fried Says ‘Rush to Judgment’ Prevented Fair Trial
September 15, 2024  |  Cryptocurrency

FTX co-founder Sam Bankman-Fried wants a new trial, arguing a federal judge hamstrung his defense. Attorneys for the disgraced cryptocurrency CEO contend that “everyone rushed...

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