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Overnight, FTX and Alameda Research wallets transfer $13.1M worth of cryptocurrency to exchanges

Coinan Porter3 years ago3 min read

Crypto Wallets Linked to FTX and Alameda Research Move $13 Million in Altcoins to Exchanges On November 1, the crypto wallets associated with defunct exchange FTX…

Media Group Accuses AI Chatbots of Unlawfully Plagiarizing Copyrighted News

Coinan Porter3 years ago3 min read

Artificial Intelligence Developers Illegally Scraping Copyrighted Material, Claims News Industry Group The News Media Alliance (NMA) has published a white paper and submitted a statement to…

Founder of Oyster Protocol Receives 4-Year Prison Sentence for $5.5M Tax Evasion

Coinan Porter3 years ago3 min read

Founder of Oyster Protocol Sentenced to Four Years in Prison for Tax Evasion Amir Bruno Elmaani, the founder of the now-defunct cryptocurrency scheme Oyster Protocol, has…

Declining Binance Market Share Due to Regulatory Crackdown and Lawsuits Severely Impacts Business

Insa Monroe3 years ago3 min read

Binance’s Market Share Decreases Amid Lawsuits and Regulatory Crackdowns Binance, the largest cryptocurrency exchange in the world, is facing a decline in market share due to…

Accusations of Manipulation Emerge Between Bitget and Floki Teams Following Token Listing

Coinan Porter3 years ago3 min read

The Floki Protocol and Bitget Exchange Engage in Accusations of Market Manipulation The teams behind the Floki protocol and Bitget crypto exchange have accused each other…

Declining Loans Reveal 86% of Tether Holdings as Cash and Cash Equivalents

Coinan Porter3 years ago2 min read

The Highest Percentage of Cash and Cash Equivalents in Tether’s Reserves Ever Recorded Tether, the stablecoin issuer, has released a new attestation report from accounting firm…

Phasing Out Consumer Accounts: Circle’s Focus Shifts to Business and Mint

Coinan Porter3 years ago2 min read

Stablecoin Issuer Circle to Close Individual Accounts, Business and Institutional Accounts Remain Crypto company Circle has announced that it will be closing consumer or individual accounts…

Proposed Modifications to Jury Instruction Requested by Sam Bankman-Fried’s Legal Team

Coinan Porter3 years ago3 min read

Defense Attorneys Seek Changes to Jury Instructions in FTX CEO Trial The defense attorneys representing former FTX CEO Sam Bankman-Fried have written a letter to Judge…

Closing Arguments in SBF Criminal Trial: An Update

Coinan Porter3 years ago3 min read

Ongoing Criminal Trial of FTX Founder Sam Bankman-Fried Nears Closing Arguments The criminal trial involving FTX founder Sam Bankman-Fried (SBF) is moving into its final phase,…

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