Blockchain

The recent ruling by Judge Lewis A. Kaplan sentencing FTX founder Sam Bankman-Fried to 25 years in prison has sent shockwaves through the financial world, with U.S. Attorney Damian Williams stating that it will send “an important message” to potential fraudsters. This harsh sentence, accompanied by an order for Bankman-Fried to forfeit over $11 billion,
The recent news surrounding crypto exchange KuCoin and its founders has sent shockwaves throughout the digital currency world. The Department of Justice (DoJ) has charged KuCoin and two of its founders, Chun Gan and Ke Tang, for operating as an illegal exchange in the USA. The charges also include allegations of failing to implement anti-money
The recent announcement by the Philippines Securities and Exchange Commission (SEC) to block local access to Binance has sent shockwaves through the crypto community. This decision was made due to Binance’s continuous offering of investment and trading opportunities to Filipinos without the necessary license from the commission, as stated in the notice published by the
Recently, there have been claims circulating within the cryptocurrency industry that the European Union has banned anonymous crypto wallets and transactions. However, industry expert Patrick Hansen has stepped forward to debunk these claims. He clarified that the recent anti-money laundering (AML) law passed by the EU does not specifically target cryptocurrencies. In fact, he emphasized
The Russian Ministry of Finance has expressed its desire to resolve the crypto policy disagreements with the nation’s Central Bank. Finance Minister Anton Siluanov mentioned that he is confident that both entities will reach an agreement soon. This development comes after years of an impasse between the Ministry of Finance and the Central Bank regarding