On May 28, a New York court is expected to find Ryan Salame, the former head of FTX, guilty and pass sentence upon him, following his admission of criminal wrongdoing. Salame admitted to violating election laws and operating an unlicensed money transfer business. As reported by the prosecution, over 300 contributions totaling millions of dollars … Read more
After the Bitcoin halving, there’s been a lot of excitement and uncertainty in the crypto world. People are wondering if the prices will rise significantly, taking popular cryptocurrencies to new records. Or, could we see a decline instead, pushing down the value of major tokens? This analysis from ChatGPT aims to provide insights on the … Read more
Ryan Salame, a previous FTX executive, is set to receive a prison term on May 28 after admitting guilt in September of the previous year. In the Southern District of New York, Judge Lewis A. Kaplan is set to determine the length of Salame’s prison sentence for illegally donating funds at the behest of FTX … Read more
“Howard Lutnick, head of Cantor Fitzgerald, expressed his approval for cryptocurrency stablecoins and the process of converting financial assets into digital tokens.” “The dominance of the US dollar is crucial for America, including ourselves economically, according to Lutnick at the Chainalysis meeting in New York. He voiced his approval for robustly backed stablecoins such as … Read more
Ace Exchange founder David Pan was accused of fraud and money laundering for $10.7 million. The Taiwanese authorities have accused Pan and six other individuals of money laundering and fraud. These alleged offenses are said to have resulted in financial damages exceeding 340 million New Taiwan Dollars, which is approximately $10.7 million in current value. … Read more