Latest Cryptocurrency News
Montenegro's top court orders another review in the case of cryptocurrency mogul Do Kwon
PODGORICA, Montenegro (AP) — Montenegro's top court said Friday it has overturned a decision to hand over a South Korean mogul known as “the cryptocurrency king” to his native country. The move marks yet another twist in a months-long legal saga in the case of Do Kwon, the...
Fallen crypto mogul Sam Bankman-Fried sentenced to 25 years in prison
NEW YORK (AP) — Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud on hundreds of thousands of customers that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency. ...
A timeline of the downfall of Sam Bankman-Fried and the colossal failure of FTX
Sam Bankman-Fried went from cryptocurrency golden boy to the face of the industry's collapse. The founder and former CEO of the massive cryptocurrency exchange FTX was sentenced to 25 years in prison Thursday after being convicted of fraud for stealing at least $10 billion from customers and...
US prosecutors try to send warning to cryptocurrency world with KuCoin prosecution
NEW YORK (AP) — A top U.S. prosecutor announced criminal charges Tuesday against a once-ascending company in the cryptocurrency world and two of its founders in a bid to send a message to other players in the industry to follow U.S. laws. U.S. Attorney Damian Williams said...
Binance executive detained in Nigeria amid a crypto crackdown has escaped custody
KADUNA, Nigeria (AP) — An executive of cryptocurrency exchange Binance has escaped custody in Nigeria, where a criminal investigation has been launched against the platform accused of being used for money laundering, authorities said Monday. Nadeem Anjarwalla, the regional manager...
Montenegro court confirms mogul known as 'cryptocurrency king' to be extradited to South Korea
PODGORICA, Montenegro (AP) — An appeals court in Montenegro on Wednesday confirmed that a South Korean mogul known as “the cryptocurrency king” will be handed over to his native country. Both South Korea and the U.S. had requested Do Kwon’s extradition from Montenegro. A...
A cryptocurrency mogul arrested in Montenegro faces extradition to South Korea after a court ruling
POGORICA, Montenegro (AP) — A Montenegrin court on Thursday ruled that cryptocurrency mogul Do Kwon should be handed over to his native South Korea, the latest twist in the months-long legal procedure that followed the arrest of the Terraform Labs founder in the Balkan nation last year. ...
Not all bitcoin ETFs are the same. Here are some questions to consider before buying any
NEW YORK (AP) — Now that bitcoin funds are trading, which is the best to own? The answer is not necessarily the one that rises the most. The job of these funds is to track the price of bitcoin, whatever that is, in what can be a more convenient thing to own for many investors. ...
Pastor accused of defrauding investors of $3M via crypto scheme says he got help from 'the Lord'
DENVER (AP) — A Colorado pastor for an online church who is accused of defrauding investors of more than $3.2 million through a cryptocurrency marketplace he ran with his wife says “the Lord” helped him orchestrate the venture. Colorado's securities commissioner filed civil...
