The Emirate of Abu Dhabi has established a comprehensive regulatory framework for digital ledger technology, positioning itself as the second crypto hub in the UAE alongside Dubai. The Registration Authority of Abu Dhabi Global Market (ADGM) has released the Distributed Ledger Technology (DLT) Foundations Regulations 2023, which aim to provide regulatory clarity for the crypto […]
In the bustling city of Mumbai, a new chapter in the crypto industry is unfolding. Aditya Sharma, a former KYC analyst turned entrepreneur, is at the forefront of this revolution. Alongside his friend Gopal Mukherjee, Aditya co-founded Don Invest, a pioneering cryptocurrency consulting firm. Their mission? To guide people in making wise investments in digital […]
The recent downfall of Sam Bankman-Fried, the former CEO of the collapsed crypto exchange FTX, has significant implications for the industry. While Bankman-Fried has been found guilty of fraud and faces a potential prison sentence, this does not signify the end of the crypto industry. Bitcoin and Ethereum have already established themselves as asset classes […]
The U.S. Securities and Exchange Commission (SEC) has filed a motion for summary judgment in its case against Terraform Labs and its co-founder, Do Kwon. The SEC alleges that Terraform and Kwon orchestrated a fraudulent scheme that resulted in a $45 billion market loss. The regulator claims that Kwon was a key participant in Terraform’s […]
Sam Bankman-Fried, the founder of FTX, has been found guilty of all charges brought against him in a trial in New York. This verdict has sparked reactions within the crypto community. Hayden Adams, the founder of Uniswap, acknowledged that while the guilty verdict was the right outcome, it doesn’t necessarily translate to a victory for […]
Former cryptocurrency mogul Sam Bankman-Fried has been found guilty on all charges after a month-long trial. The jury unanimously convicted him on seven counts of fraud, embezzlement, and criminal conspiracy. Bankman-Fried, once a young billionaire in the world of cryptocurrencies, was accused of misappropriating up to $10 billion by siphoning off customers’ money to his […]
Dogecoin co-creator Billy Markus, also known as Shibetoshi Nakamoto, has shared his perspective on the recent verdict in the case of Sam Bankman-Fried (SBF), the disgraced founder of FTX. Markus took to social media to shed light on the controversial aspects of the case and its implications for the cryptocurrency community.A jury has found SBF […]
The United States Securities and Exchange Commission (SEC) has challenged the jury’s decision regarding Terraform Labs’ alleged violations and is seeking a summary judgment on all claims. The SEC argues that Do Kwon, co-founder of Terraform Labs, should be held accountable for the company’s violations of Exchange Act Section 10(b) and Rule 10b-5. The SEC […]
A New York jury has begun deliberations in the trial of Sam Bankman-Fried, the CEO of FTX, who is accused of committing fraud. The prosecution argued that Bankman-Fried deceived FTX customers and acted improperly with their funds. They highlighted inconsistencies between his public image and private actions, as well as discrepancies in financial statements. The […]
SafeMoon, a once-promising cryptocurrency, is now embroiled in a scandal of massive proportions. Its founder and top executives are facing charges of fraudulent activities and money laundering, as alleged by the US Department of Justice. This has sent shockwaves through the crypto community and raised concerns about the integrity of digital currency investments.According to the […]
