Tag: Forex

Share to FacebookShare to TwitterShare to LinkedinBarry Silbert, founder and chief executive officer of Digital Currency Group Inc., speaks during the Skybridge Alternatives (SALT) conference in Las Vegas, Nevada, U.S., on Thursday, May 9, 2019. (Joe Buglewicz/Bloomberg) © 2019 Bloomberg Finance LP Digital Currency Group CEO Barry Silbert has been accused of fraud by his…

The bankruptcy of Sam Bankman-Fried’s crypto empire continues to cause waves in the crypto space.  The various firms continue to monitor each other to find out who will be the next collateral victims of this disaster after the lender BlockFi went down. All eyes have been on lender Genesis, a subsidiary of crypto juggernaut Digital…

Share to FacebookShare to TwitterShare to LinkedinRep. Byron Donalds (R-Fla.) speaks to the media outside the Capitol on Jan. 4. Donalds was nominated along with GOP Leader Kevin McCarthy (R-Calif.) to be Speaker of the House. (Photo by Matt McClain/The Washington Post via Getty Images) The Washington Post via Getty Images The campaign for Rep.…

A disastrous year for cryptocurrencies culminated in the infamous November 2022 collapse of the now-bankrupt FTX exchange. The rapid fall of FTX had devastating effects on the entire crypto-asset sector and led to several other bankruptcies. Sam Bankman-Fried, the former FTX CEO, after a series of revelations and legal actions, ended up pleading not guilty…

The Solana cryptocurrency nightmare seems endless.  The token, known as SOL, is one of the few cryptocurrencies directly linked to Sam Bankman-Fried, the disgraced king of the crypto sphere who filed for Chapter 11 bankruptcy of his crypto empire on November 11. FTX, the exchange cryptocurrencies he co-founded in May 2019, was unable to meet withdrawal…

Share to FacebookShare to TwitterShare to LinkedinBloomberg (3) The embattled cryptocurrency industry and its wealthy pioneers face a moment of reckoning after the collapse of crypto exchange FTX and hedge fund Alameda Research In January 2022, Sam Bankman-Fried was riding high. His Bahamas-based FTX had just raised $400 million from prominent venture capitalists at a…

Share to FacebookShare to LinkedinTopline A Bahamas judge on Wednesday approved the extradition of former billionaire Sam Bankman-Fried, the founder of befallen crypto exchange FTX, from a Nassau jail to the United States, where the former crypto wunderkind faces a slew of criminal charges tied to the implosion of his multi-billion-dollar exchange and allegations he…

Share to FacebookShare to TwitterShare to LinkedinTopline Amber Heard said Monday she has decided to settle the multimillion-dollar defamation case brought against her former husband, fellow actor Johnny Depp, in Virginia, saying she has “lost faith in the American legal system” after she was ordered to pay $15 million in damages to Depp when a…

Share to FacebookShare to TwitterShare to LinkedinTopline Under a set of new digital rules, Twitter could face sanctions ranging from from billion-dollar fines to being banned across the European Union over suspending the Twitter accounts journalists who report on owner Elon Musk, an EU official warned early Friday. Elon Musk gestures as he arrives on…

Share to FacebookShare to TwitterShare to LinkedinTopline Sam Bankman-Fried insinuated law firms looking for a massive payday contributed to cryptocurrency exchange FTX’s decision to file for bankruptcy last month, during a Monday morning interview with Forbes, as the FTX founder outlined his roadmap for what led to his once burgeoning empire’s shocking demise—and tried to…