Parents of Sam Bankman-Fried are sued by bankrupt FTX, as its seeks to recover $26m in gifts and luxury property
News crypto
Mastercard Ends Binance Card Partnership
Latest blow to crypto giant as Mastercard ends Binance-branded cards in certain regions, following similar move by Visa
FTX’s Sam Bankman-Fried Surviving On ‘Bread And Water’
Jail is not agreeing with vegan Sam Bankman-Fried, as lawyers express concern about access to suitable food, medicine in Brooklyn jail
PayPal To Pause UK Crypto Sales Until 2024
As UK regulator readies crypto advertising rules, PayPal says it will “temporarily pause” British users from buying cryptocurrencies
Binance Seeks Protection From US Financial Regulator
Crypto exchange Binance files for court protective order against US SEC, alleging regulator requests were “unduly burdensome”
PayPal Names New CEO Amid Crypto Push
Intuit’s Alex Chriss will take over as PayPal CEO, when long serving CEO Dan Schulman steps down in late September
FTX’s Sam Bankman-Fried Sent To Jail Over Witness Tampering
FTX's Sam Bankman-Fried sent to jail in the US after judge revokes his $250 million bail over witness tampering
Judge Gives Go-Ahead To SEC’s Terraform Labs Crypto Lawsuit
US judge rules Terraform Labs and founder Do Kwon must face SEC fraud lawsuit following collapse of TerraUSD crypto token last year
FTX’s Sam Bankman-Fried Sued For More Than $1Bn
FTX files lawsuit against former CEO, seeking to recoup more than $1 billion, and alleging funds were used to cover his legal defence
Celsius Founder Alex Mashinsky Arrested, Charged
Alexander Mashinsky, founder and CEO of bankrupt Celsius Network has been arrested and charged by US authorities
Terra Co-Founder Do Kwon Prison Sentence
Court in Montenegro jails Terraform Labs founder Do Kwon and CFO for four months, for forging official documents
Bank of China Boosts Hong Kong Crypto With Tokenised Security
Bank of China international investment arm issues tokenised security in Hong Kong, in boost for city's crypto ambitions
Silicon UK Pulse: Your Tech News Update: Episode 6
Welcome to Silicon Pulse – your roundup of the latest tech news and developments impacting your business for the week ending 09/06/2023.
Coinbase, Binance Hit Back After SEC Lawsuits
Coinbase CEO Brian Armstrong hits out at SEC chair Gary Gensler, while Binance alleges Gensler sought role at crypto exchange
SEC Sues Binance, CEO, And Coinbase
US financial regulator alleges US clients of Binance have $2.2 billion at risk, after lawsuits against Coinbase and Binance
Bitcoin Trades At Steep Discount On Binance Australia
Bitcoin trades at discounts of up to 21 percent on Binance Australia as users seek to cash out ahead of 1 June deadline
Crypto Bosses Look To China Ahead Of Hong Kong Rules
High-profile cryptocurrency founders say Hong Kong regulatory regime and Beijing white paper show hope for China as future crypto hub
Bail Rescinded For Terra Co-Founder Do Kwon
Higher court in Montenegro rescinds 800,000 euro bail for Do Kwon due to flight risk concerns, after US and South Korean charges
EU Ministers Approve World’s First Crypto Rules
EU finance ministers approve MiCA, pushing forward world's first comprehensive regulatory regime for crypto assets amidst chaos in sector
British Man Pleads Guilty To Infamous Twitter Hack
Man alleged to have carried out 2020 hack of public figures including Joe Biden, Kim Kardashian, Bill Gates, pleads guilty in US
UK Government To Deliver Crypto Laws In Next 12 Months – Report
Treasury minister says UK could introduce specific laws aimed at regulating cryptocurrency in next 12 months
Sam Bankman-Fried Pleads Not Guilty To Additional Charges
Court appearance for former head of FTX, who pleads not guilty to five additional charges from US federal prosecutors
Investors Pull $1.6 Billion After US CFTC Charged Binance
Over a $1 billion withdrawn from biggest crypto exchange Binance, after regulators allege violation of US financial laws
US Reglators Seek Ban On Crypto Exchange Binance
US regulators sue biggest crypto exchange Binance, alleging violations of US financial laws and seeking injunction
SEC Charges Celebrities Over Cryptocurrency Endorsements
Lindsay Lohan, Jake Paul and other celebrities charged by the US financial watchdog over cryptocurrency endorsements
Taiwan Financial Regulator ‘To Oversee Crypto’
Head of main Taiwan financial regulator FSC says body will be responsible for crypto industry, as island tightens controls
Bitcoin Surges Above $28,000 Amidst Banking Turmoil
Biggest cryptocurrency Bitcoin surges to nine-month high after central banks liquidity measures in response to banking sector turmoil
Sam Bankman-Fried Allegedly Received $2.2 Billion From FTX Entities
Filings from bankrupt FTX show it made transfers of about $2.2 billion to company founder Sam Bankman-Fried
IMF ‘Warned G20’ Of Crypto Banking Risks
International Monetary Fund (IMF) says it warned G20 last month that proliferation of crypto assets could mean risks for banking sector