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Soon-to-Be Ex-SEC Chair Gary Gensler Trashes Crypto on His Way Out—Is He Right or Just Resentful?
As his SEC term ends, Gary Gensler reiterates his criticism of crypto, stressing the need for strict regulation and citing 100 enforcement actions. Is this frustration or justified caution?
Catherine
Jan 09, 2025 10:12 am
Former FTX Executive Ryan Salame's Prison Time Mysteriously Slashed. What Are We Missing?
Ryan Salame, a former top executive at the failed cryptocurrency exchange FTX, who received a 7.5 years in prison sentencing could be coming out of prison a whole year early, according to Business Insider report.
XingChi
Dec 27, 2024 4:58 pm
High-Profile Cases Converge: UnitedHealth CEO Murder Case Suspect Shares Jail with Diddy and SBF
Luigi Mangione, accused of murdering UnitedHealth CEO Brian Thompson, is now housed with other high-profile inmates like SBF and Diddy. Is this facility becoming a hub for the notorious?
Catherine
Dec 23, 2024 9:33 am
Sam Bankman-Fried Struggles To Come To Grips With Reality As He Details His Prison Life In His Memoir
Forbes has received three chapters of Sam Bankman-Fried's so-called memoir via email from his father Joe Bankman, who has gone through great lengths to hire a Forbes contributor to publish the contents of his son's diary.
XingChi
Dec 10, 2024 4:22 pm
FTX Scandal Nears End: Final Co-Conspirator Gary Wang to Face Sentencing as Last Executive Standing—Harsh or Lenient?
Of the five indicted in the FTX case, three are in prison, one received time served, and now focus shifts to co-founder Gary Wang. Set for sentencing on 20 November, will he face a harsh penalty or leniency?
Kikyo
Nov 20, 2024 11:05 am
Sam Bankman-Fried Paid Over $40 Million To Bribe Chinese Officials To Unfreeze Accounts
US prosecutors are now asking the courts for permission to recoup the crypto allegedly linked to the bribes paid to Chinese officials by FTX co-founder Sam Bankman-Fried.
XingChi
Nov 14, 2024 1:38 pm
Prison-Free CZ Fires Back, Mocks 'Bitcoin is Dead' Doubters as BTC Hits New High
Binance Founder CZ playfully mocks “Bitcoin is Dead” critics as Bitcoin hits a new all-time high, underscoring the cryptocurrency’s resilience and defying those who doubted its longevity.
Catherine
Nov 13, 2024 5:00 pm
Sam Bankman-Fried’s Notorious Story to be Immortalised on Screen: Will This Be the Only Legacy the Ex-FTX CEO Leaves Behind?
Apple Studios and A24 are reportedly adapting Michael Lewis's book on Sam Bankman-Fried’s rise and fall, with Lena Dunham as screenwriter. As studios race to capture his scandal, the film highlights the intrigue and volatility of crypto. Will this be the ex-FTX CEO’s lasting legacy?
Catherine
Nov 13, 2024 9:18 am
FTX Intensifies Legal Pursuits, Takes Binance and Newly-Released Changpeng Zhao to Court with $1.8 Billion Lawsuit
The FTX bankruptcy estate claims SBF’s $1.76 billion repurchase deal with Binance in July 2021 was a fraudulent transfer due to FTX’s insolvency. The lawsuit seeks to recover billions for FTX creditors, alleging the transaction was fraudulent.
Kikyo
Nov 12, 2024 11:27 am
Gary Wang's Naivety Allowed Him To Be Repeatedly Manipulated by Bankman-Fried
In his memo, Wang has painted himself as a naive man believing in the goodness of everyone around him, especially his childhood friend Bankman-Fried.
XingChi
Nov 08, 2024 12:31 pm
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