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Sam Bankman-Fried gets 25 years. What happens now?

Sam Bankman-Fried gets 25 years. What happens now? 2024-03-29 at 20:01 By Cointelegraph by Turner Wright Will the former FTX CEO actually be in federal prison until he’s 57 years old? Will anything change in regards to FTX users getting their funds? This article is an excerpt from Cointelegraph.com News View Original Source

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Advanced cybersecurity strategies boost shareholder returns

Advanced cybersecurity strategies boost shareholder returns 2024-03-29 at 07:01 By Help Net Security Companies demonstrating advanced cybersecurity performance generate a shareholder return that is 372% higher than their peers with basic cybersecurity performance, according to a new report from Diligent and Bitsight. Boards under pressure to fortify cyber oversight The escalation in the frequency and

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Bitwise files with SEC for spot Ether ETF listing

Bitwise files with SEC for spot Ether ETF listing 2024-03-28 at 23:01 By Cointelegraph by Turner Wright The SEC approved investment vehicles tied to Ether futures in October but has not reached a decision about spot ETH exchange-traded funds on U.S. exchanges. This article is an excerpt from Cointelegraph.com News View Original Source

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Crypto users react to Sam Bankman-Fried’s 25-year sentence

Crypto users react to Sam Bankman-Fried’s 25-year sentence 2024-03-28 at 20:02 By Cointelegraph by Turner Wright Many on social media suggested that 25 years was “too light” given the former FTX CEO’s crimes, speculating that he would end up serving less time in prison. This article is an excerpt from Cointelegraph.com News View Original Source

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Sam Bankman-Fried sentenced to 25 years in prison

Sam Bankman-Fried sentenced to 25 years in prison 2024-03-28 at 18:02 By Cointelegraph by Turner Wright Judge Lewis Kaplan found that the former FTX CEO also committed witness tampering and perjury based on his testimony at trial over user funds. This article is an excerpt from Cointelegraph.com News View Original Source

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What to expect at Sam Bankman-Fried’s sentencing hearing

What to expect at Sam Bankman-Fried’s sentencing hearing 2024-03-27 at 22:05 By Cointelegraph by Turner Wright More than 500 days after FTX filed for bankruptcy, the world will soon learn whether former CEO Sam Bankman-Fried remains in prison for decades or receives a lenient sentence. This article is an excerpt from Cointelegraph.com News View Original

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As Sam Bankman-Fried’s sentencing approaches, letters invoking vegan lifestyle call for leniency

As Sam Bankman-Fried’s sentencing approaches, letters invoking vegan lifestyle call for leniency 2024-03-27 at 01:02 By Cointelegraph by Turner Wright On March 28, Judge Lewis Kaplan will decide how long former FTX CEO Sam Bankman-Fried will remain in prison following his conviction on seven felony counts. This article is an excerpt from Cointelegraph.com News View

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‘Ripple is well-positioned to pay a significant civil penalty,‘ says SEC

‘Ripple is well-positioned to pay a significant civil penalty,‘ says SEC 2024-03-26 at 23:02 By Cointelegraph by Turner Wright The SEC’s filing on a proposed $1.95 billion in fines and penalties for Ripple suggested the firm needed an incentive to stop violating laws beyond “just the cost of doing business.” This article is an excerpt

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US lawmakers demand SEC clarify position on Prometheum’s plans for Ether

US lawmakers demand SEC clarify position on Prometheum’s plans for Ether 2024-03-26 at 22:01 By Cointelegraph by Turner Wright According to a letter for SEC Chair Gary Gensler, leaving Ether in regulatory limbo between the SEC and CFTC could have “irreparable consequences for the digital asset markets.” This article is an excerpt from Cointelegraph.com News

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Justice Department charges KuCoin and two founders with violating AML laws

Justice Department charges KuCoin and two founders with violating AML laws 2024-03-26 at 18:01 By Cointelegraph by Turner Wright KuCoin founders Chun Gan and Ke Tang remained at large according to DOJ officials, who unsealed an indictment against the exchange on March 26. This article is an excerpt from Cointelegraph.com News View Original Source

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Strengthening critical infrastructure cybersecurity is a balancing act

Strengthening critical infrastructure cybersecurity is a balancing act 2024-03-26 at 07:31 By Mirko Zorz In this Help Net Security interview, Aaron Crow, Senior Director at MorganFranklin Consulting, discusses critical infrastructure cybersecurity strategies, barriers to threat information sharing, and innovative technologies enhancing resilience against cyberattacks. How do current cybersecurity strategies address the critical infrastructure sectors’ unique

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Terra was a ‘house of cards’ — SEC in opening statements for civil trial

Terra was a ‘house of cards’ — SEC in opening statements for civil trial 2024-03-25 at 21:05 By Cointelegraph by Turner Wright Terraform Labs co-founder Do Kwon remained in Montenegro as the SEC trial kicked off in New York on March 25. This article is an excerpt from Cointelegraph.com News View Original Source

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8 cybersecurity predictions shaping the future of cyber defense

8 cybersecurity predictions shaping the future of cyber defense 2024-03-25 at 07:32 By Help Net Security Among Gartner’s top predictions are the collapse of the cybersecurity skills gap and the reduction of employee-driven cybersecurity incidents through the adoption of generative AI (GenAI). Two-thirds of global 100 organizations are expected to extend directors’ and officers’ insurance

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Ethereum price clings to key support amid SEC probe and traders’ shifting sentiment

Ethereum price clings to key support amid SEC probe and traders’ shifting sentiment 2024-03-23 at 03:02 By Cointelegraph by Marcel Pechman On-chain activity within Ethereum layer-2 protocols and ETH derivatives data suggests that the altcoin will hold the $3,200 level. This article is an excerpt from Cointelegraph.com News View Original Source

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Crypto markets need ‘disinfectant,’ says SEC chair

Crypto markets need ‘disinfectant,’ says SEC chair 2024-03-23 at 00:02 By Cointelegraph by Turner Wright Gary Gensler implied many market participants preferred to “whittle away at the SEC’s disclosure regime” rather than register, despite criticism that the requirements were unclear. This article is an excerpt from Cointelegraph.com News View Original Source

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US government asks for court approval to sell private jets tied to Sam Bankman-Fried

US government asks for court approval to sell private jets tied to Sam Bankman-Fried 2024-03-22 at 21:02 By Cointelegraph by Turner Wright The U.S. Marshals Service has custody of a Bombardier Global tied to FTX, and prosecutors are seeking to transport an Embraer Legacy aircraft to Florida to begin sales proceedings. This article is an

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Montenegrin court postpones Do Kwon’s extradition to South Korea

Montenegrin court postpones Do Kwon’s extradition to South Korea 2024-03-22 at 18:03 By Cointelegraph by Turner Wright Do Kwon faces fraud charges in the United States and South Korea as authorities compete to extradite the Terraform Labs co-founder. This article is an excerpt from Cointelegraph.com News View Original Source

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Do Kwon’s extradition case may be headed to Montenegro’s Supreme Court

Do Kwon’s extradition case may be headed to Montenegro’s Supreme Court 2024-03-21 at 22:02 By Cointelegraph by Turner Wright Prosecutors in Montenegro suggested that the country’s Supreme Court could issue a verdict that would change an earlier decision on Do Kwon’s extradition to South Korea. This article is an excerpt from Cointelegraph.com News View Original

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Lawyer for Cryptoqueen’s OneCoin compliance chief asks for time served

Lawyer for Cryptoqueen’s OneCoin compliance chief asks for time served 2024-03-21 at 20:01 By Cointelegraph by Turner Wright The attorney cited Irinia Dilkinska’s role as a “loving wife and mother,” claiming time served was an appropriate sentence for her role in the OneCoin scheme. This article is an excerpt from Cointelegraph.com News View Original Source

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