Tag Archives: ftx

CoinspeakerBitcoin Miner Marathon Digital to Double Its Mining Capacity in 2024 Marathon Digital said that the company won't be raising funds to achieve its target of 50 EH/s and that it would be fully self-funded. Bitcoin Miner Marathon Digital to Double Its Mining Capacity in 2024

CoinspeakerWhat’s Next for FTX’s Ellison, Wang, Salame, and Singh Following SBF’s 25-Year Prison Sentence? Following Sam Bankman-Fried's nearly 25-year jail sentence for financial fraud, attention shifts to his former colleagues at FTX. What’s Next for FTX’s Ellison, Wang, Salame, and Singh Following SBF’s 25-Year Prison Sentence?

CoinspeakerSam Bankman-Fried, Former CEO of Defunct FTX, Acknowledges His Crimes As legal battles unfold, Former FTX CEO Sam Bankman-Fried speaks out from his jail cell, expressing remorse for his actions and admitting to making "bad decisions" that left customers waiting. Sam Bankman-Fried, Former CEO of Defunct FTX, Acknowledges His Crimes

CoinspeakerTerraform Labs Faces Trial in New York amid Civil Fraud Allegations Tied to TerraUSD Collapse The Terraform trial holds significant implications for the crypto industry.  A win for the SEC would solidify its authority to regulate cryptocurrencies deemed securities. Terraform Labs Faces Trial in New York amid Civil Fraud Allegations Tied to TerraUSD Collapse

CoinspeakerSilvergate Bank Faces Class-Action Lawsuit Over Alleged Role in FTX Fraud In its defense, Silvergate argued that it did not have a duty of care towards FTX customers and that its actions were not a significant factor in the customers' inability to withdraw funds. Silvergate Bank Faces Class-Action Lawsuit Over Alleged Role in FTX Fraud

CoinspeakerFTX Victims Decry SBF’s Role, Call for Justice as SBF Faces Sentencing FTX victims' testimonies reveal the grim aftermath of FTX collapse, fueling calls for justice as 50-year sentencing looms for Sam Bankman-Fried. FTX Victims Decry SBF’s Role, Call for Justice as SBF Faces Sentencing

CoinspeakerIconic Photo of Dogwifhat Meme Coin Nets $4.3M in NFT Auction The auction started on Friday and saw a fierce bidding war between two prominent bidders, Memeland, a crypto project, and GiganticRebirth, known within the crypto community as GCR.  Iconic Photo of Dogwifhat Meme Coin Nets $4.3M in NFT Auction

CoinspeakerFTX and Alameda Research Transactions May Have Caused Ethereum Price Drop A closer examination of past instances reveals a pattern: whenever FTX and Alameda Research executed similar large-volume transfers of Ether tokens, Ethereum price experienced a notable correction.  FTX and Alameda Research Transactions May Have Caused Ethereum Price Drop

CoinspeakerVoyager Digital Investors Sue NBA for Promoting the Failed Crypto Lender The lawsuit also names Voyager Digital’s law firm McCarter & English. It is alleged that the firm played on its credibility to issue a bogus "legal opinion" that Voyager’s native utility token Voyager Token (VGX) was not an unregistered security. Voyager Digital Investors Sue NBA for Promoting the Failed Crypto Lender

CoinspeakerSuper Bowl 2024 Next Week Will Not Feature Any Crypto and AI Ads Two years ago, crypto advertisers occupied the top ad spots at Super Bowl. But the FTX debacle has pushed them out of the game making way for traditional businesses. Super Bowl 2024 Next Week Will Not Feature Any Crypto and AI Ads