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Bankman-Fried is currently facing extradition to the United States on charges of defrauding investors of nearly $2 billion.
The world's biggest crypto exchange, Binance, is battling to shore up confidence after a surge in customer withdrawals and a steep drop in the value of its digital token.
Voyager Digital LLC selected U.S. exchange BAM Trading Services Inc. (doing business as "Binance.US") as the highest and best bid for its assets after reviewing strategic options to maximize value returned to customers and other creditors promptly.
One Nigerian news outlet quotes the country's capital market and institutions committee chairman as saying that Bitcoin and similar cryptocurrencies will soon be legalized in Nigeria.
Concerns have been raised that the legal disputes over control of the FTX bankruptcy may affect efforts to extradite Bankman-Fried to the United States to face fraud charges.
The publication of its full proof of reserves (PoR) report includes a comprehensive breakdown of the company's USDT liabilities and reserves.
The Financial Innovation for Investment and Social Economic Development Act, a new piece of legislation adopted by San Luis policymakers, will make stablecoin technology possible.
The Senate Committee on Banking, Housing, and Urban Affairs chairman has not ruled out a cryptocurrency ban.
18 Dec 2022
A process that has long been a facet of the crypto industry, if done right, staking has the potential to be a significant win for token holders.
17 Dec 2022
Top US financial regulators have formed a council pleading with Congress to control cryptocurrency spot markets.
17 Dec 2022
In 2020, Logan Paul, a popular YouTuber, and his team developed a blockchain game called CryptoZoo. Subsequently, @coffeebreak_YT investigation of Logan Paul's blockchain scam inspired this article.
17 Dec 2022
According to The Washington Post, three Democratic political groups to which FTX founder Sam Bankman-Fried (SBF) donated will seek to return the funds.