Sam Bankman-Fried Faces New Charge For Bribing Chinese Officials With $40 Million

FTX co-founder and former CEO, Sam Bankman-Fried, is facing yet another criminal charge, this time for allegedly bribing Chinese government officials with $40 million worth of cryptocurrency.  According to federal prosecutors, this marks the 13th charge against Sam Bankman-Fried in a case that continues to draw attention from the cryptocurrency and financial industries. On Tuesday, […] дальше »

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SBF Charged with Paying $40M Bribe to Chinese Officials

Coinspeaker SBF Charged with Paying $40M Bribe to Chinese Officials The Chinese authorities froze the Alameda Research trading account in 2021 as part of an ongoing investigation of a particular counterparty. дальше »

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Senators grill federal officials over lack of oversight into SVB, Signature Bank collapse

In a closely watched Senate hearing held on Mar 28, regarding the collapse of crypto-friendly banks Silicon Valley Bank (SVB) and Signature Bank, William Barr, a top official at the US Federal Reserve, acknowledged the potential benefits of testing for higher rates and expressed his plans to broaden the scope of future tests. дальше »

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Federal Prosecutors Charge Sam Bankman-Fried With Attempt To Bribe Chinese Officials With $40 Million

In a new indictment unsealed on Tuesday, officials charged Sam-Bankman Fried with bribing Chinese officials to release frozen assets. дальше »

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Bankman-Fried Accused of Bribing Chinese Government Officials

U.S. prosecutors believe that Sam Bankman-Fried resorted to bribery in order to unfreeze over $1 billion worth of Alameda Researchs crypto funds from Chinese exchanges in 2021. $40 Million Bribe... дальше »

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FTX Co-Founder Sam Bankman-Fried Charged With Bribery Of Chinese Officials

According to a Reuters report, new charges have been unveiled against Sam Bankman-Fried, the co-founder of the now-bankrupt FTX exchange. Bankman-Fried, who founded one of the largest cryptocurrency exchanges in the world, has been accused of bribing Chinese officials. дальше »

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Sam Bankman-Fried Bribed Chinese Officials to Unfreeze Alameda Funds, Prosecutors Allege

U.S prosecutors have charged Sam Bankman-Fried with bribing Chinese officials to access Alameda accounts. The post Sam Bankman-Fried Bribed Chinese Officials to Unfreeze Alameda Funds, Prosecutors Allege appeared first on BeInCrypto. дальше »

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SBF charged with bribing Chinese government officials with $40M

Sam Bankman-Fried (SBF), the former CEO of FTX, has been charged with bribery in the United States The latest court filing reviewed by CryptoSlate shows United States prosecutors charged SBF with violating anti-bribery laws. дальше »

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Sam Bankman-Fried charged with bribing Chinese officials: Court docs

The former FTX CEO is in hot waters once again, as he is facing a new 13-count indictment from authorities in the United States.

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Crypto Twitter reacts to CFTC lawsuit against Binance

Binance, the largest cryptocurrency exchange in the world, and its CEO Changpeng Zhao have been sued by the US Commodity Futures Trading Commission (CFTC) for allegedly operating an “illegal” exchange and a compliance program officials have deemed “a calculated strategy of regulatory arbitrage. дальше »

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Venezuela shuts down crypto mining facilities, exchanges amid corruption probe

According to Venezuela’s attorney general office, government officials were running parallel oil operations with the assistance of the national crypto department. дальше »

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SHIB Trading Pair Delisted by Binance.US, Terra’s Do Kwon's Arrest Confirmed by Officials, Shibarium Documentation Completed: Crypto News Digest by U.Today

Read U.Today’s crypto news digest to make sure you’re not missing any of the latest events in the industry! дальше »

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Terra Founder Do Kwon's Arrest Confirmed by Korean Officials

After rumors circulated earlier in the day that a man believed to be Do Kwon had been apprehended in Montenegro, South Korean officials have now confirmed that Kwon was indeed taken into custody there дальше »

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Breaking: Montenegro officials arrest man suspected to be Terra founder - Do Kwon

Man suspected to be Do Kwon arrested at the Podgorica airport with fake documents The location of the Terra founder has been unknown since September 2022 Update: Korean authorities have cThe post Breaking: Montenegro officials arrest man suspected to be Terra founder - Do Kwon appeared first on AMBCrypto. дальше »

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Coinbase could face SEC enforcement action for 'potential violations of securities law'

The crypto exchange claimed that none of its listed assets were considered securities, and any potential targeting of its wallet was based on a “misunderstanding” by United States Securities and Exchange Commission officials. дальше »

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US Officials Reportedly Studying Ways to Guarantee Bank Deposits of $17 Trillion amid Crisis

Coinspeaker US Officials Reportedly Studying Ways to Guarantee Bank Deposits of $17 Trillion amid Crisis The FDIC and Fed are looking for ways the US government can guarantee all bank deposits amounting to $17 trillion should the financial turmoil worsen. дальше »

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Washington Goes Back And Forth With Crypto – Here’s All The Buzz In One Place

Washington government officials have continued to view cryptocurrencies sceptically, and things might get grimmer for the fledgling asset class. The U.S. Senate Committee on Banking, Housing, and Urban Affairs recently met in an open session to conduct a hearing on digital assets in response to the turbulence plaguing the markets. The hearing, titled “Crypto Crash: […] дальше »

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Europol seizes $46M from crypto mixer after $2.88B allegedly laundered

Law enforcement officials allege that ChipMixer laundered 152,000 BTC ($2.88 billion) over the past five years.

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Silvergate Reportedly Working Out a Rescue Plan with FDIC Officials

Coinspeaker Silvergate Reportedly Working Out a Rescue Plan with FDIC Officials FDIC officials are reportedly looking at the books and records of Silvergate Bank and could provide a remedy for bank to come out of the turmoil. дальше »

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No NFTs Are Securities – Yet, German Finance Officials Say

Classification of the ownership tokens as a financial instrument would imply licensees and money laundering supervision, according to regulator Bafin дальше »

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Silvergate reportedly talks with FDIC on ways to avoid shutdown

Officials from the government agency reportedly entered Silvergate’s headquarters last week, with discussions revolving around how to salvage the crypto bank. дальше »

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American regulators are pushing hard against crypto: Law Decoded, Feb. 28–March 6

Crypto mining operators, custodians and Binance personally received a fine doze of the United States officials' attention last week. дальше »

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Illinois Officials Pushing State Crypto Licensing to Emulate New York’s BitLicense

Illinois is trying to follow in New York’s crypto footsteps with a new oversight regime, according to David DeCarlo, Illinois’ first regulatory innovation officer, who is among the prominent advocates for the plan now being shepherded through the state legislature. дальше »

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Crypto in Hong Kong Getting Soft Backing From Beijing: Bloomberg

Report says officials from China’s Liaison Office have been spotted at crypto events in the City. дальше »

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Platypus to work on compensation plan after $8.5M attack

According to the DeFi protocol, different parties, including legal enforcement officials, are currently involved in the funds’ recovery process. дальше »

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Paxos reportedly investigated by New York officials

While Paxos claims that OCC has not barred them from obtaining a national bank charter, rumor is that the New York regulator forced it to withdraw the application. Paxos, a provider of stablecoins and brokerage services, asserted that New York’s… дальше »

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South Korean officials reportedly travel to Balkan nation to find Do Kwon

Two South Korean officials traveled to Serbia to track down Do Kwon. The Terraform Labs founder was last reported in Serbia after fleeing Singapore following Terra's collapse. Two officials The post South Korean officials reportedly travel to Balkan nation to find Do Kwon appeared first on AMBCrypto. дальше »

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Korean authorities confirm search for Do Kwon

Korean officials traveled to Serbia last week in search of Do Kwon, according to Bloomberg.

The post Korean authorities confirm search for Do Kwon appeared first on CryptoSlate.

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Gone Boy: Search for Crypto Fugitive Do Kwon Heats Up in Serbia

South Korean officials visited Balkan country last week in order to locate Kwon дальше »

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Digital Pound Holdings Could Be Limited to 10K, Central Bank Says

The Bank of England has set out technical features of its central bank digital currency, which officials have said is likely to be needed дальше »

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Billionaire pitches Bitcoin to Sri Lanka, gets snubbed

Billionaire investor Tim Draper recently pitched Bitcoin adoption to Sri Lankan officials. The pitch was shot down by the Governor of the Central Bank. Pro-crypto investor Tim Draper’s recThe post Billionaire pitches Bitcoin to Sri Lanka, gets snubbed appeared first on AMBCrypto. дальше »

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Chinese Communist Party officials issue KPIs for e-CNY transactions in Suzhou

CCP officials want to see the e-CNY surpass $300 billion in transactions in 2023 through promotional efforts.

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DeFi Project Friktion’s Shutdown Said to Stem Partly From Founder Disagreement

The official reason given by Friktion officials for the shutdown was that costs outpaced revenue, creating challenging economics for the Solana-based project. дальше »

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White House Calls on Congress to ‘Step Up Its Efforts’ on Crypto Regulation

Officials in the Biden administration urged Congress on Friday to expand the authority of regulators to police the crypto industry. дальше »

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Crypto Exchange Bitzlato Founder Collared, Charged With $700 Million Financial Fraud

Federal officials announced on Wednesday that a Russian national who operated a crypto exchange that became a harbor for the proceeds of illegal activities has been arrested. U.S. authorities have collared 40-year-old China-resident Anatoly Legkodymov on claims that his Hong Kong-registered crypto trading platform, Bitzlato, processed hundreds of millions of dollars in dirty money. Tuesday night, agents of the […] дальше »

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US Charges Crypto Exchange Bitzlato With Laundering $700M

The U.S. Justice Department and Treasury Department have targeted Bitzlato Limited with accusations of money laundering and arrested its founder in Miami, officials said in a Wednesday press conference. дальше »

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Bulgarian officials deny political motives in Nexo case

Bulgarian prosecutors claim politics do not drive the inquiry against the crypto trading firm Nexo. According to Siika Mileva, the pre-trial hearings are not focused on any prospective political donations made by the corporation or its connections. This announcement comes… дальше »

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Miami-Dade gains right to remove FTX name from Heat arena

County officials negotiated with the crypto exchange in 2021 to name Miami Heat's arena FTX Arena until 2040, for $135 million.

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Worst-Case Projections for Global Recession Are Now a Reality, Says World Bank

Bitcoin's deflationary model could prove vital for hodlers as World Bank officials warn of a probable global recession in 2023. The post Worst-Case Projections for Global Recession Are Now a Reality, Says World Bank appeared first on BeInCrypto. дальше »

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U.S. officials invite SBF victims to send an email

United States authorities are seeking out victims of FTX founder and former CEO Sam Bankman-Fried, according to a web page published on January 6. The post U.S. officials invite SBF victims to send an email appeared first on CryptoSlate. дальше »

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Crypto Conglomerate DCG Being Investigated by DOJ, SEC: Report

Officials with the U.S. Department of Justice's Eastern District of New York and the Securities and Exchange Commission are examining transfers between Digital Currency Group and Genesis, one of its subsidiaries, a report late Friday said. дальше »

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ECB Officials Want To Monitor Crypto Under Gambling Laws

In an official blog post, the European Central Bank (ECB) has urged that cryptocurrency users should be given protection under online gambling laws. The crypto crash of 2022 has been devastating for the industry and has led to regulatory policies being altered all across the globe. дальше »

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Bitcoin remains close to $17k after FOMC minutes release: Will BTC rally soon?

Bitcoin price steadied above $16,800 as US Federal Reserve officials agreed to slow its pace of interest rate hikes. The latest FOMC minutes indicate that US policymakers are focused on controlling the pace of price hikes. дальше »

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Fed plans to keep raising interest rates in 2023 but at a slower pace

Officials at December 13-14 FOMC meeting agreed to continue increasing the cost of credit in 2023 but gradually to limit economic growth risks. The post Fed plans to keep raising interest rates in 2023 but at a slower pace appeared first on CryptoSlate. дальше »

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US DoJ Is Seizing Banking Assets, Robinhood Shares Linked to FTX, Court Told

Officials may later seek to have Sam Bankman-Fried forfeit the assets, potentially including as much as $450 million in stocks, to avoid benefiting from crimes дальше »

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UK Plans To Launch New Unit To Tackle Crypto Crimes

The National Crime Agency (NCA) of the United Kingdom is forming a team that will be responsible for handling issues pertaining to crypto crimes. This group of officials will primarily investigate unethical practices in the industry. дальше »

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Bahamas denies allegations it told Bankman-Fried to mint new coins

Key Takeaways Court filings accused Bahamas officials of asking Bankman-Fired to mint new tokens and transfer them to officials The Securities Commission of the Bahamas (SCB) has also fired back against claims tokens under its control were stolen Hard to know what allegations are true, but anybody remotely connected to FTX is coming out badly […] The post Bahamas denies allegations it told Bankman-Fried to mint new coins appeared first on CoinJournal. дальше »

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Crypto makes history in 2022: Five instances of governments embracing digital assets

Even amid the market breakdown and repetitive public attacks on the industry, some of the officials found the courage to embrace the innovation. дальше »

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FTX, Congress, Stablecoins: What 2023 May Bring for Crypto Regulations

Can you believe this year started off with U.S. law enforcement officials arresting two individuals in connection with the 2016 Bitfinex hacked funds? For this week’s newsletter, the 102nd since we first launched in 2021, I asked CoinDesk’s Policy Team what they’re looking out for this upcoming year. дальше »

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SBF met Biden aides to discuss crypto policy before FTX downfall

Former FTX CEO Sam Bankman-Fried “SBF” met with White House officials on at least four separate occasions in 2022. Bankman-Fried donated over $70 million to election campaigns within 18 monThe post SBF met Biden aides to discuss crypto policy before FTX downfall appeared first on AMBCrypto. дальше »

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