US prosecutors want SBF to serve at least four decades in prison

Federal prosecutors have requested a prison sentence of 40 to 50 years for FTX founder Sam Bankman-Fried (SBF) following his conviction for conducting one of the most significant financial frauds in recent times through the misappropriation of over $8 billion of customer funds. дальше »

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Sam Bankman-Fried Should Spend 40-50 Years in Prison, DOJ Says

Prosecutors recommended that a federal judge sentence FTX founder and former CEO Sam Bankman-Fried to at least 40 and as many as 50 years in prison for his conviction on fraud and conspiracy charges tied to the collapse of what was once one of the world's largest crypto exchanges. дальше »

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Bitcoin Crash Triggered By Failed $1 Billion Hedge Fund Spread Trade: Expert

The Bitcoin price has crashed from over $72,000 yesterday to as low as $65,500. As reported earlier today, there are several obvious reasons for this, such as the liquidation of extensive long positions on the red-hot futures market, expectations of a “higher for longer” policy by the US Federal Reserve as a result of hotter than expected inflation data and a relatively weak inflow day for the spot ETFs yesterday. дальше »

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Australian Court Dismisses Lawsuit by Market Regulator Against Finder in 'Landmark' Ruling for Crypto Industry

An Australian Federal Court handed the Australian cryptocurrency industry a major victory in a landmark judgement on Thursday. дальше »

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Court upholds SEC’s unregistered securities claims against Gemini, Genesis’ Earn program

A federal court denied crypto exchange Gemini and Genesis Global Capital’s joint motion to dismiss the SEC’s case regarding their defunct Gemini Earn program, according to a March 13 filing. дальше »

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How an Appeals Court Ruled on an Aspiring Class-Action Lawsuit Against Binance

A federal appeals court ruled last week that Binance needs to face a putative class-action lawsuit from a group of U. S. -based crypto investors who allege the exchange allowed them to buy and trade unregistered securities in the form of certain cryptocurrencies. дальше »

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Bitcoin Fog founder convicted in $400m crypto laundering case

The founder of crypto mixing service Bitcoin Fog has been found guilty by a federal court of laundering money linked to illicit drug sales on the dark web. дальше »

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Bitcoin Fog Founder Convicted of Money Laundering

Roman Sterlingov, the founder of long-running cryptocurrency mixer Bitcoin Fog, was convicted by a federal jury in Washington on Tuesday of facilitating the laundering of over 1.2 million bitcoins – worth about $860 million at today’s prices – tied to darknet marketplaces. дальше »

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Tether collaborates with FBI to recover $1.4 million in scam targeting seniors

Stablecoin issuer Tether collaborated with the US Department of Justice and the Federal Bureau of Investigation (FBI) to seize $1. 4 million USDT associated with a tech support scam network, according to a Mar. дальше »

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Nigeria reportedly detained Binance execs after inviting them to discuss issues with crypto

Nigerian officials have reportedly detained a former U.S. federal agent and a regional manager for Africa who both work for Binance. Nigeria has reportedly detained Binance’s top crypto crime investigator as well as a regional manager shortly after they both… дальше »

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Bitcoin hits new-record high, beats $70,000 mark

Bitcoin’s value eclipsed the $70,000 mark this afternoon, setting a new all-time high as investor confidence grows in anticipation of potential interest rate reductions by the US Federal Reserve. дальше »

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Binance faces another lawsuit over US investors crypto losses

A federal appeals court has reinstated its lawsuit against cryptocurrency exchange Binance. дальше »

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Fed Chair says Digital Dollar still 'a long way off' - What now?

Amidst the scrutiny of congressional testimony, Federal Reserve Chair Jerome Powell delivered unexpected insights into the future of Central Bank Digital Currency (CBDC). Contrary to expectations, PowThe post Fed Chair says Digital Dollar still 'a long way off' - What now? appeared first on AMBCrypto. дальше »

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Fed chair Powell confirms regulator has no plans to recommend, adopt CBDCs

US Federal Reserve Chair Jerome Powell told lawmakers that the regulator remains far from adopting or even recommending a central bank digital currency (CBDC). Powell made the statement during a March 7 Senate Banking Committee hearing on monetary policy. дальше »

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Jerome Powell: CBDC not on the horizon anytime soon

In testimony before the Senate Banking Committee, Federal Reserve Chair Jerome Powell stated the Federal Reserve is nowhere near making a recommendation or adopting a CBDC. дальше »

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U.S. Fed Chair Powell Says 'Nowhere Near' Pursuing CBDC, Won't Spy on Americans

Even if the Federal Reserve were close to recommending a central bank digital currency (CBDC) in the U.S., Chair Jerome Powell told lawmakers that the Fed has zero interest in a system in which it would have a view into user data. дальше »

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US Crypto Industry Poised For Major Victory Over Federal Reserve, Here’s Why

The legal battle between Custodia Bank and the US Federal Reserve (Fed) is nearing a pivotal juncture, with implications that could reshape the financial landscape for crypto businesses across the country. дальше »

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€STR Futures Expect ECB to Cut Rates on Par with Fed

€STR futures are expecting the European Central Bank to cut rates on par with the Federal Reserve despite differences in rate hikes and inflation rates. дальше »

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How the SEC's Recent Win May Play in Its Coinbase, Binance Cases

A federal judge ruled that secondary-market transactions for certain cryptocurrencies violated securities law. The catch: This was a default judgment. The defendant never showed up, and no one filed amicus briefs to oppose the Securities and Exchange Commission's motion for a default ruling. дальше »

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Policymakers, Bitcoin Industry Leaders to Meet in Washington D.C. at Bitcoin Policy Summit

Politicians, policymakers and Bitcoin industry leaders are meeting in Washington D.C. for the second annual Bitcoin Policy summit to explore the implications of Bitcoin and digital assets on federal policy. дальше »

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ShapeShift Settles SEC Charges It Sold Crypto Securities

The federal regulator instituted a cease-and-desist against ShapeShift, which dissolved its U.S. crypto exchange in 2021. дальше »

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Crypto Seeks to Make Mark on U.S. Elections During 'Super Tuesday'

The long list of primary elections Tuesday across 15 U.S. states will steer the fates of many seats in Congress and further solidifies the presidential showdown later this year, but Coinbase CEO Brian Armstrong said it's also a "chance to send a message" to federal politicians who've declined to come up with crypto policies. дальше »

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Atlanta Fed hints at pause in rate cuts - Crypto markets to be impacted?

Amidst swirling speculation and anticipation in both crypto markets and the broader financial world, all eyes are fixed on the Federal Reserve's looming decision regarding upcoming rate cuts.  As The post Atlanta Fed hints at pause in rate cuts - Crypto markets to be impacted? appeared first on AMBCrypto. дальше »

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U.S. court decides against former Coinbase employee, calls some crypto assets securities

A federal judge in a landmark ruling supports the Securities and Exchange Commission’s (SEC) position that certain crypto assets are securities even when traded on secondary markets. A March 1 judgment in the SEC case against a former Coinbase staffer… дальше »

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Hackers target Coinbase, Binance staff with phishing clones of Gmail, iCloud

Cybersecurity researchers have identified a new phishing toolkit dubbed CryptoChameleon, which targets employees of Coinbase, Binance, Gemini, and Kraken. A phishing campaign employing a new toolkit dubbed CryptoChameleon has emerged, targeting Federal Communications Commission (FCC) employees as well as staff… дальше »

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Why ChatGPT puts Bitbot No. 1 for 2024's must-buy crypto rankings

With a perfect storm of bullish factors aligning for crypto investors in 2024—an upcoming Bitcoin halving, BTC crossing $50k, and the prospect of Federal Reserve rate cuts, to name a few—everyone The post Why ChatGPT puts Bitbot No. дальше »

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Is Meme Moguls worth buying after the PCE data today?

Crypto market is in focus today after the U.S. Bureau of Economic Analysis said core personal consumption expenditures price index was in line with expectations in January (read more). Why is inflation data significant for Meme Moguls? The in-line inflation data this morning is of significant since it may create more room for the Federal […] дальше »

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Ripple Faces New Bombshell Class Action Lawsuit Over Unregistered XRP Sales — XRP’s Fate Hanging In Balance?

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Man Who Laundered Billions in Bitcoins Says Bitcoin Fog Was a Help: Bloomberg

Ilya Lichtenstein, one of the crypto industry's most high-stakes criminals, is now helping federal prosecutors in their case against Bitcoin Fog, one of the mixing services he said he'd used to conceal assets. дальше »

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Federal Reserve Bank of Atlanta urges caution while embracing crypto in banking

The Federal Reserve Bank of Atlanta, via its Board of Governors, recently outlined its stance on integrating crypto and financial innovation within the banking sector, emphasizing a dual focus on regulatory adherence and technological advancements. A Feb. 26 statement by… дальше »

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Ripple to Face Another Lawsuit: Details

Ripple is set to face a new class action lawsuit alleging violations of federal and California securities laws by offering and selling XRP without registration дальше »

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Ted Cruz leads Republican senators in resistance to CBDC bills

Spearheaded by Texas Senator Ted Cruz, Republican senators are making concerted efforts to restrict the ability of the Federal Reserve to launch a CBDC. дальше »

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Judge Signs Off on Binance's $4.3B Plea Deal With U.S. Prosecutors

A federal judge approved the U.S. Department of Justice's $4.3 billion fine on Binance after the crypto exchange pleaded guilty to violating anti-money laundering laws last November. дальше »

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Texas Blockchain Council and Riot Platforms sue US federal agencies over crypto energy scrutiny

Texas Blockchain Council (TBC) and Riot Platforms have initiated a lawsuit against the U.S. Department of Energy (DOE), its Energy and Information Administration (EIA), and the U.S. Office of Management and Budget (OMB). The legal challenge, filed in the U.S.… дальше »

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FTX receives go-ahead to sell its stake in AI startup Anthropic

Collapsed crypto exchange FTX has been cleared to sell its stake in Anthropic which has more than doubled in value since the exchange’s investment.  United States federal bankruptcy judge John Dorsey approved FTX’s motion to sell its shares in artificial… дальше »

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Winklevoss twins give out $4.9m to Fairshake crypto lobbying group

Founders of Gemini exchange, Tyler and Cameron Winklevoss, have donated $4.9 million to the Fairshake political action committee (PAC). The Winklevoss twins have each donated $2.45 million to the Super PAC, according to the U.S. Federal Election Commission (FEC) and… дальше »

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Detective accused of Bitcoin theft from Trezor hardware wallet

The NACC of Australia has alleged that a federal police officer stole 81.62 Bitcoin from a Trezor hardware wallet during a drug raid. The BTC stash is worth over $4 million at current prices.  дальше »

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Crypto Probe Unveils Federal Officer’s Connection To Alleged Bitcoin Theft

A dark cloud hangs over the Australian federal police as one of its own, Officer William Wheatley, stands accused of a daring crypto heist. The missing loot? A staggering 81. 62 Bitcoins, valued at a then-humble $309,000 in 2019, but now a cool $4. дальше »

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US prosecutors ask judge to approve Binance plea deal

US prosecutors filed a sentencing memo on Feb. 16 asking a federal judge to sign off on the Binance plea deal, Bloomberg News reported. In November 2023, Binance and its former CEO Changpeng Zhao (CZ) pled guilty to charges of money laundering and sanctions violations. дальше »

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Crypto to Strengthen U.S. Dollar, Fed Official Predicts

Federal Reserve Gov. Christopher Waller suggests that the burgeoning DeFi sector дальше »

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U.S. Federal Reserve Gov. Waller Says DeFi Could Boost Dollar's Global Strength

Crypto critics often warn of digital currencies' potential to destabilize the U. S. dollar, but Federal Reserve Gov. Christopher Waller argued that stablecoins' dependence on the dollar could actually strengthen the U. дальше »

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Jerome Powell urges for stablecoin regulatory framework

Federal Reserve Chairman Jerome Powell addressed House Democrats regarding the necessity of a legislative framework for stablecoins. дальше »

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Fed Chair Powell Told House Democrats U.S. Needs Stablecoin Bill: Politico

Powell also said a CBDC would need Congress' approval before the Federal Reserve will act. дальше »

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Will Bitcoin Drop to $40,000 After Higher Than Expected CPI?

Unexpected US inflation data has led to a $60 billion loss in cryptocurrency market capitalization, cooling expectations for a Federal Reserve rate cut and causing Bitcoin to fall below $50,000. The post Will Bitcoin Drop to $40,000 After Higher Than Expected CPI? appeared first on BeInCrypto. дальше »

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Bitcoin retreats below $49k as CPI release dashes hope of rate cuts

Bitcoin (BTC) price saw a significant pullback, erasing gains from Monday as investors recalibrated their expectations for the Federal Reserve’s monetary policy following the release of January Consumer Price Index (CPI) data. дальше »

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Former Binance CEO Changpeng Zhao Faces Delay In Criminal Sentencing

The sentencing of Binance founder Changpeng Zhao, also known as “CZ,” on a money laundering rule charge has been delayed until April 30, a notice in Seattle federal court disclosed. This two-month postponement comes after Zhao, a Canadian national and former Binance CEO, pleaded guilty on Nov. 21 to a charge of failure to maintain […] дальше »

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CZ’s Sentencing Postponed: Binance Founder Now Set To Know His Fate In Late April

A U.S. court has rescheduled the sentencing of Changpeng Zhao, with no apparent explanation provided for the two-month delay. The notice of rescheduled hearing was filed in a Seattle Federal Court on Monday.  дальше »

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Top Fed Official Slams Bitcoin

Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, has cast significant doubt on Bitcoin's value as an inflation hedge дальше »

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Arthur Hayes gives bullish prediction on Bitcoin’s rally to $1 million

The co-founder and former CEO of BitMEX, Arthur Hayes, has said that Bitcoin’s price could rally to $1 million amid a potential crisis in the US banking industry. Hayes shared his bullish prediction through a post on X, where he dismissed the sentiments of the US Federal Reserve Chair, Jerome Powell. The Fed Chair has […] дальше »

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Bitcoin (BTC) Price Steady as Fed Keeps Rates Unchanged

The Federal Reserve announced it would hold interest rates steady, maintaining the benchmark rate in the 5.25% to 5.5% range for the fourth consecutive meeting дальше »

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