Disgraced cryptocurrency entrepreneur Sam Bankman-Fried was sentenced to 25 years in prison Thursday for masterminding a multibillion-dollar fraud scheme. Earlier in March, prosecutors recommended a sentence of 40-50 years, less than half the possible maximum for his sentences. They argued that this would be “commensurate with the extraordinary dimensions of his crimes” committed in his … Read more
More than four months after being convicted on seven counts by a New York jury, Sam Bankman-Fried is ready to learn how long he will spend behind bars. Bankman-Fried faces a maximum sentence of more than 100 years in prison, although the government had suggested a sentence in the 40 to 50 year range. Prosecutors … Read more
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, fell below the $70,000 mark early Thursday. Other popular altcoins – including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL) and Litecoin (LTC) – saw a mix of small gains and declines across the board. The Mantle token (MNT) became the biggest gainer … Read more
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to remain stable in the $70,000 range on Wednesday. The London Stock Exchange’s friendly stance toward Bitcoin and Ethereum exchange-traded notes (ETNs) and their upcoming March 28 market launch is widely believed to have driven the recent rally. Other popular altcoins – including Ethereum (ETH), … Read more
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to climb above the $67,000 mark on Monday, trying to resume its rally and try to reach another all-time high. Other popular altcoins – including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL) and Litecoin (LTC) – landed in the green as … Read more
