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bob wrote a new post
1 year ago
FTX Founder's Fraud Trial Takes a Surprising Twist
Sam Bankman-Fried, the founder and former CEO of FTX, a prominent cryptocurrency exchange, is currently on trial in the United States District Court Southern District of New York. He is facing multiple charges,…
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bob wrote a new post
1 year agoPhishing Scammers Clone Crypto Media and Blockchain Scanner Websites in Elaborate Scam
Phishing scammers have recently targeted crypto media outlet Blockworks and Ethereum blockchain scanner Etherscan by creating cloned websites. These fake sites aim to deceive unsuspecting readers into interacting…
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Viktorikte became a registered member
1 year ago-
Welcome to the Community, Viktorikte! 🚀
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bob wrote a new post
1 year agoFTX CEO Trial: Prosecution Wraps Up as Defense Counsel's Case Remains Uncertain
The trial of former FTX CEO Sam “SBF” Bankman-Fried in New York continues, with prosecutors resting their case on October 26. FBI agent Mark Troiano provided testimony about his analysis of over 300 Signal gro…
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bob wrote a new post
1 year agoCrypto Winter: Terra Network and Do Kwon's Catastrophic Collapse
The Terra network and its founder, Do Kwon, experienced a rapid rise and fall in the crypto world. In May 2022, the price of the algorithmic stablecoin UST, which is designed to maintain a $1 peg, began to…
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bob wrote a new post
1 year agoFormer FTX CEO Testifies in New York Court on Allegations of Funds Misuse and Shadowy Entity Creation
Former FTX CEO Sam “SBF” Bankman-Fried testified in a New York courtroom regarding allegations of using customer funds from the crypto exchange to make investments through Alameda Research without users’ knowl…
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bob wrote a new post
1 year agoLawmakers Call for DOJ Investigation into Binance and Tether Over Suspected Involvement in Illicit Financing
US lawmakers are urging the Justice Department to investigate Binance and Tether for their alleged involvement in facilitating illicit financing for terrorist groups, including Hamas. In a letter to Attorney…
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bob wrote a new post
1 year agoJPMorgan's JPM Coin Revolutionizes Global Money Movement with $1 Billion Daily Transactions
JPMorgan, one of the leading American banks, is making significant strides in its digital finance strategy. The bank is processing $1 billion in transactions daily through its own digital token, JPM Coin. This…
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bob wrote a new post
1 year agoLawmakers Call for Charges Against Binance and Tether Over Alleged Terrorist Financing
US lawmakers are calling on the Department of Justice (DOJ) to take action against major cryptocurrency companies Binance and Tether. They allege that these companies have facilitated illicit financial activities,…
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bob wrote a new post
1 year agoFormer FTX CEO Sam Bankman-Fried Testifies in High-Stakes Fraud Trial
Former FTX CEO, Sam Bankman-Fried, is set to testify in the ongoing criminal FTX fraud trial. He is facing allegations of misusing customer and investor funds, which led to FTX’s Chapter 11 filing. B…
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bob wrote a new post
1 year agoYounger Generations Embrace Crypto as Path to Financial Independence
A recent report by Coinbase sheds light on the disillusionment of younger generations, namely Gen Z and Millennials, with the traditional American dream and financial system. These young Americans are increasingly…
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bob wrote a new post
1 year agoFTX CEO's Trial Nears End as Defense Presents Witnesses and Prosecution Rests Case
Attorneys representing the United States Justice Department have concluded their case against Sam “SBF” Bankman-Fried after three weeks of expert witnesses and testimonies from former FTX and Alameda employees. The…
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bob wrote a new post
1 year agoJPMorgan's Digital Token, JPM Coin, Processes $1 Billion in Daily Transactions
JPMorgan Chase & Co. has achieved a significant milestone in its blockchain initiative with its digital token, JPM Coin, now processing $1 billion worth of transactions daily. The coin, which operates on Quorum, a…
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bob wrote a new post
1 year agoFormer FTX CEO Sam Bankman-Fried Testifies in FTX Fraud Trial Amid Accusations of Fund Misappropriation
Former FTX CEO Sam Bankman-Fried is set to testify in the ongoing criminal FTX fraud trial. He is facing allegations of misusing customer and investor funds, which led to FTX’s Chapter 11 filing. B…
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bob wrote a new post
1 year agoGlobal Banks Pioneer Universal Digital Payments Network for Seamless Digital Currency Transactions
Global banks Deutsche Bank and Standard Chartered are collaborating on a groundbreaking solution that could revolutionize cross-border transactions in the world of digital currencies. They are currently testing a…
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bob wrote a new post
1 year agoGlobal Banks Pioneer Universal Digital Payments Network for Seamless Digital Currency Transactions
Global banks Deutsche Bank and Standard Chartered are collaborating on a groundbreaking solution that could revolutionize cross-border transactions in the world of digital currencies. They are currently testing a…
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bob wrote a new post
1 year agoSEC Chief Gensler Highlights $5 Billion in Enforcement Actions, Criticizes Crypto Market
The United States Securities and Exchange Commission (SEC) chief, Gary Gensler, recently delivered a speech at the 2023 Securities Enforcement Forum, where he discussed the regulatory body’s enforcement actions. G…
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bob wrote a new post
1 year agoCircle Partners with Taiwan Convenience Store Chain to Launch Points-to-Crypto Service
Circle, a stablecoin issuer, has formed a strategic partnership with BitoGroup and Taiwan FamilyMart, the second-largest convenience store chain in Taiwan. The collaboration aims to enhance the value of loyalty…
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bob wrote a new post
1 year agoJPMorgan's JPM Coin Gains Momentum with $1 Billion in Daily Transactions, Plans Retail Expansion
JPMorgan’s digital asset, JPM Coin, has seen a surge in adoption, with daily transactions reaching $1 billion. The bank’s Global Head of Payments, Takis Georgakopoulos, revealed plans to expand the use of JPM Coi…
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bob wrote a new post
1 year agoSEC Chair Gensler Warns of Increased Regulatory Scrutiny on Cryptocurrencies
Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), has expressed his strong stance on cryptocurrencies, emphasizing that most digital assets should be classified as securities. This…
