Crypto Billionaire, Missing For A Week, Found Chopped Up In Suitcase

[ad_1] Fernando Perez Algaba had been staying in Argentina for a week before his alleged murder. Fernando Perez Algaba, the cryptocurrency influencer from Argentina who had been missing for more than a week, was found dead on Wednesday. Police found Mr Algaba’s remains inside a suitcase near a stream in Argentinian capital Buenos Aires, according … Read more

OpenAI’s Sam Altman Launches Worldcoin, Eyeball-Scanning Crypto Project

[ad_1] The digital ID will allow users to prove online that they are human, not a bot. People around the world are getting their eyeballs scanned in exchange for a digital ID and the promise of free cryptocurrency, shrugging off concerns among privacy campaigners and data regulators. Founded by Sam Altman, the CEO of ChatGPT … Read more

FTX Founder Sam Bankman-Fried Accused of Witness Tampering

[ad_1] US prosecutors have accused FTX founder Sam Bankman-Fried of witness tampering and asked a federal judge to issue an order that would bar the former billionaire and other parties from making public statements likely to interfere with a fair trial. The prosecutors wrote to US District Judge Lewis Kaplan on Thursday referencing a New … Read more

FTX Sues Founder Sam Bankman-Fried, Seeks to Recoup Over $1 Billion

[ad_1] FTX Trading on Thursday sued founder Sam Bankman-Fried and other former executives of the cryptocurrency exchange, seeking to recoup more than $1 billion (nearly Rs. 8,200 crore) they allegedly misappropriated before FTX went bankrupt. The complaint filed in Delaware bankruptcy court also names as defendants Caroline Ellison, who led Bankman-Fried’s Alameda Research hedge fund; … Read more

Celsius Founder, Former CEO Arrested Over Fraud Charges as SEC Sues Firm

[ad_1] Alex Mashinsky, the founder and former CEO of bankrupt cryptocurrency lender Celsius Network, was arrested and charged with fraud, a US prosecutor in New York said Thursday morning, as three federal regulatory agencies sued him and his company. Mashinsky, 57, was charged with seven criminal counts — including securities fraud, commodities fraud and wire … Read more

UK Watchdog Shuts More Illegal Cryptocurrency ‘Machines’: Details

[ad_1] Britain’s Financial Conduct Authority said on Tuesday it has stopped 26 machines across the country for illegally offering cryptocurrencies, warning consumers they could lose all of their money. A member of the public paid a thousand pounds into a crypto ATM in Sheffield, northern England, in an attempt to buy cryptocurrencies, but no cryptocurrency … Read more

PNB Is Launching a Virtual Branch in the Metaverse: Details

[ad_1] State-owned Punjab National Bank (PNB) on Thursday announced the launch of a virtual branch, PNB Metaverse. It is a virtual branch of the bank, which will deliver a unique experience of banking to existing and new customers, who can now explore the bank’s products and services such as bank deposits, retail/MSME loans, digital products, … Read more

Crypto Lender Celsius, Former CEO Alex Mashinsky Broke US Rules, Says CFTC

[ad_1] Commodity Futures Trading Commission (CFTC) investigators have concluded that bankrupt crypto lender Celsius and its former CEO Alex Mashinsky broke US rules before the firm’s implosion, Bloomberg News reported on Wednesday. Attorneys in the regulator’s enforcement unit determined that Celsius misled investors and should have registered with the regulator, according to the report, citing … Read more

Coinbase Surges After Cboe Names Crypto Exchange in Bitcoin ETF Application

[ad_1] Shares of Coinbase, the largest U.S. cryptocurrency platform, jumped 13 percent on Monday after exchange operator Cboe said it was working with the crypto company in its effort to launch a spot bitcoin exchange-traded fund. Cboe on Friday refilled an application with the U.S. Securities and Exchange Commission (SEC) to launch a bitcoin exchange-traded … Read more

FTX Accuses Former Lawyer of Aiding Fraud by Sam Bankman-Fried

[ad_1] Bankrupt cryptocurrency exchange FTX sued one of its former top lawyers, accusing him of aiding fraud by company founder Sam Bankman-Fried and silencing whistleblowers who reported wrongdoing at the company. The complaint, filed on Tuesday in US Bankruptcy Court in Delaware, describes Daniel Friedberg, a former chief compliance officer at FTX and general counsel … Read more