Court again rules Bankman-Fried must remain in jail - Breaking The News

Court again rules Bankman-Fried must remain in jail

21 September

1 min read

EPA-EFE/JUSTIN LANE

The United States Court of Appeals for the Second Circuit ruled on Thursday that Sam Bankman-Fried, the founder of the now-collapsed FTX cryptocurrency exchange, should not be released from jail ahead of his trial.

The appeals court thus confirmed for the second time US District Judge Lewis Kaplan's decision to revoke Bankman-Fried's bail and place him in jail in August over concerns about witness tampering.

The trial is set to begin on October 3.

ftx bankman-fried sbf

Trump to host dinner for top 220 holders of his memecoin

23 April

US President Donald Trump will host a dinner next month with the top 220 holders of his cryptocurrency token, TRUMP meme coin, according to an announcement on the token's official website Wednesday.The "intimate private dinner" scheduled for May 22 at his Washington-based private club will feature discussions about cryptocurrency's future, the event organizers stated. Registration is mandatory for participation, with a ranking system tracking...

Bitcoin jumps over 6%, soars above $93,000

22 April

Bitcoin surged more than 6% to cross $93,000 on Wednesday, after reclaiming the $90,000 level earlier in the day as investors sought alternatives to a weakening dollar and volatile stocks. The rally gained momentum after MicroStrategy Inc., doing business as Strategy, disclosed a major Bitcoin purchase in a regulatory filing Monday. The world's most famous cryptocurrency jumped by 6.25% against the dollar, going for $93,024.881. at 6:18 pm ET.

Bitcoin jumps 3% to top $90,000

22 April

The prices of cryptocurrencies jumped on Tuesday, with Bitcoin topping $90,000 for the first time since March 7. The second consecutive day of the surge in Bitcoin's price comes as major stock markets in the United States started to recover from yesterday's selloff, with investors still looking to alternative assets amid economic uncertainty.Bitcoin climbed by 3.04% to sell for $90,189.667 at 9:42 am ET, while Ethereum soared by 4.14% and sold for $1,645.0698 at...

Paul Atkins sworn in as new SEC chief

22 April

Paul Atkins was sworn-in as the chair of the United States Security and Exchange Commission (SEC), the agency said in a statement."I am pleased to join with my fellow Commissioners and the agency’s dedicated professionals to advance its mission to facilitate capital formation; maintain fair, orderly, and efficient markets; and protect investors," Atkins stated.He previously served as a commissioner of the SEC from 2002 to 2008 and was also the chief...

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.