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” Only 1% of people can handle crypto self-custody right now: Binance CEO “ Binance CEO Changpeng “CZ” Zhao has cautioned the crypto community about self-custody, suggesting that 99% of people choosing to self-custody their crypto will likely lose it one way or another. CZ has been been a supporter of self-custody for years, referring…
“Will Justice target Sam Bankman-Fried’s activist parents to put pressure on the crypto kid?” As Sam Bankman-Fried faces an eight-count indictment for his alleged massive crypto-fraud, his case could take a sudden turn toward resolution. The prosecutors may have the ultimate inducement for a plea to dangle over Bankman-Fried — actually two: Bankman and Fried….
“Who are Sam Bankman-Fried’s parents? Meet Joseph and Barbara” Like any good parent, Sam Bankman-Fried’s mother and father have stood firmly behind their son from the beginning of his crypto career until his fall from grace, but their staunch support and recent courtroom antics have put them under heavy scrutiny. Joseph Bankman and Barbara Fried,…
” Bitcoin retraces intraday gains as bears aim to pin BTC price under $18K “ On Dec. 14, Bitcoin (BTC) broke above $18,000 for the first time in 34 days, marking a 16.5% gain from the $15,500 low on Nov. 21. The move followed a 3% gain in the S&P 500 futures in 3 days,…
” SBF’s Bahamian prison reported for ‘harsh’ conditions and ‘degrading treatment’ — US State Dept “ After being denied bail in a Bahamas Magistrate Court, former FTX CEO Sam Bankman-Fried could spend up to two months in the country’s Fox Hill Prison, a facility with reported cases of physical abuse against prisoners and “harsh” conditions….
“Sam Bankman-Fried’s ex Caroline Ellison likely works with feds” Sam Bankman-Fried’s reported ex-girlfriend was likely among the first people to turn on him and help prosecutors build their fast-moving fraud case in the epic, $8 billion-plus collapse of his FTX cryptocurrency exchange, a former US government lawyer said Wednesday, Caroline Ellison, 28, is a key…
” Binance ‘put FTX out of business’ — Kevin O’Leary “ The collapse of FTX was triggered by Binance, claimed investor Kevin O’Leary on Dec. 14 speaking at the United States Senate committee hearing about the crypto exchange meltdown. O’Leary, who was a paid spokesperson for FTX, provided details about conversations with Sam Bankman-Fried in…
” Senate FTX hearing: calls for regulation and crypto criticisms aplenty “ United States lawmakers with the Senate Banking Committee had their share of crypto proponents and skeptics in a hearing exploring the collapse of the FTX exchange. In a Dec. 14 hearing on ‘Crypto Crash: Why the FTX Bubble Burst and the Harm to…
” NFTs minted on FTX break: Nifty Newsletter, Dec. 7–13 “ In this week’s newsletter, read about how nonfungible tokens (NFTs) hosted on the FTX exchange are now showing blank images. Check out how NFTs can solve diamond certification fraud and how the NFT space is held back by oversupply. In other news, find out…
“Patriots fan sues Tom Brady after investing $30K in FTX” A lifelong New England Patriots fan who idolized Tom Brady invested nearly his entire live savings in FTX after the future Hall of Fame quarterback touted the crypto exchange in commercials, according to a lawsuit. Michael Livieratos, a 56-year-old legal clerk from Connecticut, moved $30,000…