Bitcoin News / Bitcoinist - 1 year ago
FTX co-founder and former CEO, Sam Bankman-Fried, is facing yet another criminal charge, this time for allegedly bribing Chinese government officials with $40 million worth of cryptocurrency.
According to federal prosecutors, this marks the 13th cha...
Bitcoin News / Bitcoin Magazine - 1 year ago
In a new indictment unsealed on Tuesday, officials charged Sam-Bankman Fried with bribing Chinese officials to release frozen assets. Federal prosecutors have accused Sam Bankman-Fried (SBF), former CEO of fail...
Cryptocoins News / Finance Magnates - 1 year ago
<p class="MsoNormal">US prosecutors have expanded the
12 count charges against Sam Bankman-Fried, the Founder of the now-bankrupt
cryptocurrency exchange, FTX. An additional indictment sealed on Tuesday
morning, alleges that the FTX F...
Bitcoin News / Bitcoin.com - 1 year ago
Sam Bankman-Fried (SBF), the former CEO of FTX, now faces a 13-count indictment as U.S. officials have added new charges. One of the new charges alleges that SBF leveraged $40 million to influence “one or more Chinese government officials.̶...
Bitcoin News / Bitcoinist - 1 year ago
According to a Reuters report, new charges have been unveiled against Sam Bankman-Fried, the co-founder of the now-bankrupt FTX exchange. Bankman-Fried, who founded one of the largest cryptocurrency exchanges in the world, has been accused of bribing...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
U.S. prosecutors indicted disgraced FTX Founder Sam Bankman-Fried on bribery charges, Reuters reported Tuesday.Court documents alleged that SBF paid Chinese officials $40 million to unfreeze Alameda Research accounts that held approxima...
Cryptocoins News / The Cointelegraph - 1 year ago
The former FTX CEO is in hot waters once again, as he is facing a new 13-count indictment from authorities in the United States. FTX cryptocurrency exchange founder an...
Cryptocoins News / Blockchain - 1 year ago
Chinese state-owned banks in Hong Kong are offering banking services to crypto firms ahead of a new licensing regime for crypto exchanges in June. Despite an ongoing crypto ban in China, representatives from Chinese banks have reportedly approached c...
Bitcoin News / Bitcoinist - 1 year ago
According to a recent report from Bloomberg, Chinese banks are now showing interest in Hong Kong crypto firms. This has surprised the broader crypto community, given that China had once restricted digital currency transactions in the country.
In 2021...
Cryptocoins News / The Cointelegraph - 1 year ago
Several Chinese banks have been seeking to offer services to crypto firms in Hong Kong, despite a ban on crypto on the Chinese mainland. Crypto firms setting up in Hon...
Bitcoin News / Bitcoinist - 1 year ago
While Binance, the world’s largest cryptocurrency exchange in the industry has thrived to be as secure and transparent as possible following the FTX saga, some of its employees have reportedly been doing some elicit acts to dent the company’s reputat...
Cryptocoins News / The Cointelegraph - 1 year ago
Chinese billionaire using crypto to fight communism charged over $1 billion fraud, Do Kwon’s $11M bet comes due, Zhu Su bonds with Islam. Our weekly roundup of news fr...
Bitcoin News / Bitcoin.com - 1 year ago
According to reports, Shanghai Pudong Development Bank may acquire the China-based subsidiary of Silicon Valley Bank (SVB). Authorities in the Chinese city of Shanghai reportedly back the acquisition, which may help minimize the impact of SVB’s...
Cryptocoins News / The Cointelegraph - 1 year ago
Circle’s investment arm has joined a funding round for CNHC, the issuer of the eponymous stablecoin pegged to the offshore yuan. The investment arm of major cryptocurr...
Cryptocoins News / The Cointelegraph - 1 year ago
The transaction was performed through the Masterchain blockchain platform, which is the Russian national blockchain network. Moscow Credit Bank has issued a blockchai...
Bitcoin News / Bitcoin.com - 1 year ago
A bank in Russia has issued the country’s first blockchain-based bank guarantee denominated in Chinese currency. The financial institution underscored the advantages of using a digital form of the document and pointed out that demand for yuan payment...
Bitcoin News / Bitcoinist - 1 year ago
The price of Conflux (CFX) is flying high after the network announced last week that it is joining forces with China Telecom to roll out Blockchain SIM (BSIM) cards.
At the time of writing, CFX has ballooned to a commanding 310% in the last seven day...
Bitcoin News / Bitcoin.com - 1 year ago
According to reports, Tencent and Bytedance, two Chinese tech giants, are planning to execute a significant number of job cuts in their metaverse divisions. Tencent recognized it is making some staff adjustments, amidst rumors of hundreds of layoffs...
Bitcoin News / Google News Bitcoin - 1 year ago
Mooners and Shakers: Bitcoin rejects at $25k but Filecoin and other ‘Chinese crypto coins’ surge& & Stockhead