EX-Alameda’s CEO escapes jail term via plea deal
Caroline Ellison, the former CEO of Alameda Research, will only be charged with felony tax offenses and is eligible for immediate release if the $250,000 bond is paid, however, she’s not allowed to leave the United States. On December 21, a plea agreement between Ellison and the Southern District of New York US Attorney’s Office […]
British Columbia electricity company halts supply to crypto miners
A state-owned electricity utility company in British Columbia will put a stop to electrical connections to Bitcoin miners for a period of 18 months citing prioritizing clean energy and job creation as the main reasons. The British Columbian government announced the suspension in a statement on December 21. The statement said that the break will […]