The recent claim seemingly aligned with the previous report, which, aside from claiming that Alameda Research is the second-biggest donor of Tether, had estimated that the crypto hedge fund minted $36.7 billion.
Wang testified in court last Thursday and admitted that he, Bankman-Fried, Caroline Ellison, the former CEO of Alameda Research, and Nishad Singh, the FTX director of engineering, committed wire fraud, securities fraud and commodities fraud.
In a court motion filed last week against the crypto exchange platform Coinbase, the SEC stated that digital assets have no inherent value since they cannot generate profits.
But while the non-profit organization has been mum on the reason behind its latest move, data from token flow-oriented data platform EigenPhi revealed that when it sold 1,700 ETH via Uniswap v3, it came under a Sandwich attack by MEV Bot (0x00...6B40).
The HTX Global attack has been classified as a white hat incident since all the stolen funds have now been returned.
While others are optimistic about the launch of Ethereum Futures ETF, analysts noted that it could reduce market volatility but could also dampen the potential of Ether's performance, a trend that typically emerges as the asset class matures.
Gary Wang revealed that Bankman-Fried handled duties involving facing the public, talking to the media and lobbying, while his role was limited to coding.
Pro-XRP Lawyer Shares SEC Enforcement Director 'Now A Target Of Corruption Probe,' Says He Misled Davidson
The Crypto Law post quoted by Deaton as he threw allegations at Grewal came with a link to a New Jersey Globe article about the latter's name appearing in an indictment.
A long-time friend's testimony reveals startling revelations, exposing complex alliances and high courtroom tension in the gripping SBF trial.
The crypto world may have just glimpsed Block's BitKey, the new hardware wallet announced in 2022 via a beta tester's tweet.
Shytohi Kusama resurfaced after a social media hiatus this week and surprised the community by mentioning some "secret initiatives," including AI initiatives for SHIB.
This latest development on Coinbase and Ripple Labs' operations in Singapore marks a crucial stride toward wider adoption of digital assets in the country and in the world.
Alex Mashinsky's legal team has nearly a year to prepare for the trial of the former Celsius founder and CEO on criminal fraud charges linked to the billion-dollar collapse of the crypto lending platform.
Nir Lahav, a cryptocurrency investor, filed a class-action lawsuit against Binance and Zhao on Monday for allegedly violating the Securities and Exchange Act, as well as the California Unfair Competition Law, in the U.S. District Court for the Northern District of California.
The problem, according to the Feds, started when the senior leadership of the bank shifted its strategy and focused on "customers engaged in crypto activities," underlining that the institution took too big of a risk in one industry.
The second day of the trial proceeded with opening statements from the defense and prosecution, painting different images of the defendant.
District Court Judge Analisa Torres said Tuesday she found no "substantial ground for difference of opinion" in her earlier ruling and disagreed that an appeal would help advance the case to a conclusion. XRP saw an immediate surge in its value, recording over 8% gain after the news broke.
Three former members of Bankman-Fried's inner circle, also known as his 'generals,' and who had previously pleaded guilty to fraud charges, are expected to testify.
Besides reaffirming its dedication to security and user protection, Bad Idea AI took a significant step by undergoing a thorough CertiK audit to address these concerns.
Nomic Announces Groundbreaking Upgrade That Allows Universal Accessibility Of Bitcoin Within Cosmos Ecosystem
One of the upgrades involves the use of nBTC, which is intend to not only streamline and decentralize available methods of bringing Bitcoin into the Cosmos Network, but also empower users.
Since bad actors do not register their accounts under the names of criminal organizations, Binance said it works with authorities and "leverages information that is only available to them in order to identify individuals operating accounts for illicit organizations."
While Celsius last month announced that 95% of its customers voted for the recovery plan, a recent report claimed some parties were opposed to the plan, particularly those to whom the company owed.
Bankman-Fried Mulled Over Paying Trump Billions To Keep Him From Running For President, Book Author Claims
Unknown to many, Bankman-Fried had a six-hour dinner with U.S. Senate Majority Leader Mitch McConnel to offer the senator his help in funding Republican candidates at odds with Donald Trump.
Over the next two quarters, investor interest in the digital asset industry may reignite, fueled by the Bitcoin Halving event and the impending SEC decision on spot Bitcoin ETFs.
What Ryoshi and Kusama did not explicitly reveal to the Shib Army was the groundbreaking role of Shibarium in revolutionizing SHIB, the native token of the ecosystem. This was pointed out by Bitrue chief strategy officer Robert Quartly-Janeiro.
Aside from the report, the committee recommended that the Directorate of Criminal Investigations start probing Tools for Humanity Corp and Tools for Humanity Gmbh, two companies affiliated with Worldcoin, for allegedly operating in Kenya illegally.
Gemini To End Operations In The Netherlands, Tells Dutch Customers To Withdraw Crypto By Mid-November
Gemini will "sell any remaining crypto assets on the open market" of Dutch customers who fail to withdraw their funds before the deadline.
Brad Garlinghouse expressed his gratitude to the XRP community for its unwavering support.
Polygon Boasts Same Fast, Low-Cost Infrastructure That Powers YouTube, Gmail As Google Cloud Becomes Its Validator
Google Cloud, a suite of public cloud computing services offered by search engine giant Google, is now an official validator for the layer-2 blockchain Polygon proof-of-stake (PoS) network, joining more than 100 other validators in securing the network.
The timing of the transfers raises suspicions within the crypto community, especially since Sam Bankman-Fried's first criminal trial is scheduled for Oct. 4.
The SEC included the conversation between Kwon and Shin in the documents filed in court as part of its efforts to depose the TFL CEO in the United States.
He will be held in prison for four months, and while there, liquidators will engage him in an investigation related to the failed crypto hedge fund, which will reportedly include the recovery of assets that belong to the business or were acquired using its funds.
SEC Charges FTX Auditor With 'Hundreds Of Auditor Independence Violations' As Bankman-Fried's Criminal Trial Nears
The major Wall Street regulator charged international accounting firm Prager Metis with violating auditor independence rules as well as "aiding and abetting" its clients for violating federal securities laws.
Four patent applications filed this month underlined PayPal's interest in layer-2 and non-fungible tokens.