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  • FTX Token soars after jailed former CEO Bankman-Fried’s post on X

FTX Token soars after jailed former CEO Bankman-Fried’s post on X

A single “gm” post on X from an account linked to SBF drove a 60% FTT price surge, highlighting the market’s volatility. FTX’s $1.6 billion creditor payout looms, potentially impacting…

Former Binance CEO denies report, says “no discussion” with Trump over a presidential pardon

Changpeng Zhao said the Wall Street Journal “got the facts wrong” He believes it’s a “motivated attack” on US President Donald Trump and the residual forces of the “war on…

Former House Financial Services chair Patrick McHenry joins Ondo Finance

Ondo Finance has announced a former US Congressman has joined its advisory board. Former House Financial Services Chair Patrick McHenry also recently joined Stripe and a16z. Patrick McHenry, former Republican…

Trump is planning to pick former CFTC commissioner Brian Quintenz as chair

Quintenz served as a CFTC Commissioner between 2017 and 2021 as part of the Technology Advisory Committee CFTC Commissioner Caroline Pham has been filling in as acting chair US President…

Kraken appoints former Paxos executive as its new chief legal officer

Kraken has appointed former Global General Counsel as legal chief The exchange recently gained an EU MiFID license for regulated trading With the new legal chief, Kraken aims to navigate…

Russia confiscates $10M Bitcoin from former law enforcement official

Russia seizes 2,718 Bitcoin worth $10M from ex-ICRF official. The ex-official was involved in what has been termed the largest bribery case in Russia. The confiscated bitcoins will be added…

FTX sues Binance, former CEO CZ for alleged fraudulent $1.76b transfer

In 2019, Binance acquired a 20% stake in collapsed FTX in a deal with Sam Bankman-Fried In 2021, Binance and FTX agreed to a deal that saw FTX buying back…

Flowcarbon, co-founded by former WeWork CEO, refunds investors after failed token launch

Flowcarbon have refunded investors after failing to launch the Goddess Nature Token (GNT). The GNT token was meant to tokenize carbon credits but faced market and regulatory challenges. Flowcarbon raised…

Former Mt. Gox CEO Mark Karpeles to launch EllipX crypto exchange

Mark Karpeles to launch EllipX crypto exchange in Europe. EllipX will comply with EU MiCA regulations, offering a crypto-only platform at launch. Former Mt. Gox users will get a 50%…

Binance and former CEO CZ face new lawsuit over alleged crypto laundering

Binance and CZ are sued for allegedly laundering stolen cryptocurrency assets. Plaintiffs claim Binance’s lack of AML and KYC controls facilitated the laundering. The case could impact blockchain analytics and…