Silvergate, a Federal Reserve member bank and a one-time major player in crypto banking, has raised fears that it is headed for bankruptcy after delaying its annual report, saying it is evaluating its viability after a $1 billion...
Goldman Sachs, the second-largest investment bank in the world by revenue, laid off about 3,200 people in January but is ready to hire more staff this year in its digital asset division to explore blockchain applications. Mathew...
Department of Justice prosecutors want the federal judge overseeing the case against FTX crypto exchange co-founder Sam Bankman-Fried to make him stop contacting former or current employees, alleging possible witness tampering. Prosecutors...
It could be years before FTX customers get any of their money back. The amount that was stolen, borrowed or mismanaged away from the bankrupt crypto exchange has not been disclosed, however, lawyers say they have recovered $5.5 billion...
The price of Bitcoin has increased 28 percent so far this year, thanks in part to investor optimism about signs of a slowdown in the inflation rate and hopes that the U.S. Federal Reserve will ease off interest rate hikes. Bitcoin...
The U.S. government has filed federal charges against Avraham “Avi” Eisenberg, a self-described “applied Game theorist” and Cryptocurrency trader who was arrested in Puerto Rico on Dec. 26 for stealing $110...
The contagion spreading from the collapsed FTX crypto exchange has reached crypto exchange Gemini, which was founded by twins Cameron and Tyler Winklevoss in 2014. Gemini lent $900 million of client funds to a crypto investment firm...
Silvergate, a California bank that deals mostly in Cryptocurrency transactions, saw its stock fall 48 percent on Thursday, Jan. 5 after the Wall Street Journal reported that the collapse of the FTX crypto exchange in November 2022...
Ex-lovers and former executives are picking sides and turning against each other in the legal battle shaping up after the stunning collapse in November of the FTX crypto exchange. Caroline Ellison, the 28-year-old ex-lover and Business...
People inside and out of the crypto community want to know how former FTX CEO Sam Bankman-Fried, who claimed less than four weeks ago to be down to his last $100,000 after losing most of his $26-billion net worth, managed to post $250...
Sam Bankman-Fried was extradited to the U.S. Wednesday, and unless his lawyers negotiate bail, he could be sent to the same jail system where the disgraced financier Jeffrey Epstein died while awaiting trial on sex trafficking charges. Bankman-Fried...
Jim Chanos, a short seller famous for shorting the Houston energy-trading company Enron, which imploded spectacularly in 2001, often refers to the book “The Seven Signs of Ethical Collapse” when talking about identifying...
Sam Bankman-Fried, the 30-year-old founder and former CEO of the collapsed FTX crypto exchange, was arrested at around 6 p.m. Monday in his Nassau, Bahamas apartment after the U.S. filed criminal charges, authorities in both countries...
Crypto champion Isaiah Jackson doesn’t seem to like to take things on face value. He recently tweeted a list of conspiracy theories that he said he has not seen refuted. Jackson is the author of “Bitcoin &...
While U.S. authorities investigate the collapsed FTX crypto exchange, its founder and former CEO Sam Bankman-Fried has hired Mark S. Cohen, a former federal prosecutor whose law firm represented Ghislaine Maxwell. Cohen, a partner...
A U.S. Justice Department official is calling for an independent investigation into the sudden collapse of the FTX crypto exchange, describing it as “the fastest big corporate failure in American History” akin to the Lehman...
Former FTX CEO Sam “Crypto Madoff” Bankman-Fried was applauded Wednesday while being introduced during his most high-profile public appearance since his $32 billion crypto exchange declared bankruptcy on Nov. 7, burning...
Crypto markets are being weighed down by stress and all the madness surrounding the massive collapse of FTX. Everything crypto is under scrutiny these days. Traders are closely watching Genesis Trading, Silvergate Bank, and Coinbase...
Bitcoin investor and entrepreneur Mike Alfred went to Twitter recently to call out some strange happenings in the crypto world. “Catherine Coley and Brian Brooks, two highly respected US executives, resigned suddenly under...
Investment firm Tiger Global Management reportedly pays consulting firm Bain & Company more than $100 million a year to research private companies that it is considering investing in. According to a recently published report from...
The crypto market has gone from bragging to bombing – and big wallet crypto nerds have ceased their extravagant partying in Miami nightclubs in the process. At least that’s what nightlife insiders in the city have said. According...
