Just as critically, the FDIC said its supervisory staff was inadequately resourced for the task of overseeing the bank.
Elon Musk asked a US judge on Friday to throw out a $258 billion racketeering lawsuit accusing him of running a pyramid scheme to support the cryptocurrency Dogecoin.
The indictment said Bankman-Fried ordered the $40 million cryptocurrency payment to a private wallet from Alameda's main trading account, to persuade Chinese authorities to unfreezeAlameda accounts
Over the past year, the cryptocurrency market has undergone significant upheavals resulting in noticeable changes in crypto trading.
It was found during the investigation that the suspect didn't report any income from sales from a platform at all.
By allowing mass access to the Prover’s code, developer StarkWare hopes to enable widespread distribution.
Bankman-Fried has been confined at his parents' home in California, after pleading not guilty to fraud for allegedly looting billions of FTX customer dollars.
Sam Bankman-Fried, former CEO of bankrupted FTX, has shared his side of the crypto-drama in an unusual blog post.
Once hailed as the Jewish king of cryptocurrency, the 30-year-old entrepreneur known as SBF pleaded not guilty to criminal charges on Tuesday as as he faces up to 115 years in prison.
More and more Israeli teenagers have gotten involved in the field of cryptocurrency trading, a virtual currency that is secured by cryptography.
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