Former FTX CEO Hires New Lawyers, May Appeal Fraud Conviction
Sam Bankman-Fried, the ex-CEO of FTX, has changed his legal representation and filed a sealed document ahead of his sentencing for seven counts of fraud and money laundering. Sam Bankman-Fried, also known as SBF, the former CEO of the cryptocurrency exchange FTX, has informed the federal court that he has hired new lawyers to defend […]
India’s Central Bank Chief Warns of Crypto Risks, Unveils CBDC Plans
Shaktikanta Das, the governor of the Reserve Bank of India, reaffirmed his skepticism of cryptocurrencies and revealed the country’s progress in developing its own digital currency. India’s central bank governor, Shaktikanta Das, has reiterated his caution on the dangers of cryptocurrencies while also disclosing the country’s vision for its central bank digital currency (CBDC). Speaking […]
Goldman Sachs Endorses Spot Bitcoin ETFs as Boon for Institutional Investors
Goldman Sachs has published a report highlighting the benefits and challenges of spot bitcoin ETFs, which were approved in the U.S. and will start trading today. Spot bitcoin ETFs, or exchange-traded funds that track the price of the world’s largest cryptocurrency, have finally received the green light from the U.S. regulators after a decade of […]