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The Latest Breaking News from CoinDesk

Kanye West plans to launch a Nazi-themed memecoin—maybe

West is said to control 70% of the planned token’s supply, leaving investors vulnerable to a so-called rug pull.

Fortune

$XRP Surges After US President Posts Article About 'Trump Effect' On Ripple

$XRP was up over 7% in the day after U.S. President Donald Trump posted an article on Truth Social that some $XRP Army members deemed was an "endorsement" of Ripple and the $XRP token.

International Business Times

$LIBRA Scandal: Co-Creator Allegedly Claims To 'Control' Javier Milei Through Payments To His Sister

Hayden Davis, a co-creator of the $LIBRA token, allegedly claimed in text messages sent mid-December that he sent payments to Argentine President Javier Milei's sister.

International Business Times

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CoinDesk ownership Bullish fires top editorial staff amid newsroom controversy

CoinDesk CEO Sara Stratoberdha told editorial staff on Friday that editor-in-chief Kevin Reynolds and two deputies were let go.

Fortune

Billionaire Justin Sun pushed CoinDesk’s new owners to remove article about banana-eating, editorial chair Matt Murray resigns

The crypto exchange Bullish purchased CoinDesk in late 2023 for close to $75 million.

Fortune

Bitcoin rises after SEC chair says he is to step down when Trump is inaugurated

Gary Gensler, a critic of the crypto industry, will leave the US financial regulator on 20 January

The Guardian - UK

The Trumps want to make crypto ‘user-friendly’. Here’s what you need to know about the venture that has Barron as its ‘visionary’

Donald Trump’s sons say they want World Liberty Financial to make ordinary people feel welcome in crypto. But will it protect them from the sharks? asks Io Dodds

The Independent UK

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Sam Bankman-Fried Experienced 'Trial By Media'? FTX Co-founder Appeals Conviction

Sam Bankman-Fried's lawyers have filed to appeal their client's fraud conviction – they said the world judged the former FTX CEO, he didn't get a fair trial, and was presumed guilty by the media.

International Business Times

Who Is Ogle? The Crypto Sleuth Recruited As An Advisor For Trump's DeFi Project

The Trumps' have tapped Ogle to become an advisor for World Liberty Financial – notably amid security concerns over the project's supposed similarities with recently-exploited Dough Finance.

International Business Times

Trump’s ambitions for the US to be ‘the crypto capital of the planet’ are concerning allies

The X accounts of Lara Trump and Tiffany Trump were hacked earlier this week

The Independent UK

Trump-Backed World Liberty Financial Tops 200K Telegram Subscribers Amid Dough Finance Concerns

World Liberty Financial now has more than 212,000 subscribers on Telegram, even as questions linger about why the project's supposed code has striking similarities to that of recently-exploited Dough Finance.

International Business Times

POTUS' Former Crypto Advisor Returns To White House Ahead Of 2024 Elections

Carole House, who helped draw up U.S. President Joe Biden's 2022 executive order on digital assets and is known for her more balanced views toward the crypto sector, has returned to the National Security Council as a cybersecurity advisor.

International Business Times

DOGE Fans Erupt After Ripple CEO Says Dogecoin Hasn't Done Anything Good For Crypto

Fans and users of DOGE blasted Ripple CEO Brad Garlinghouse after his comments during last week's Consensus 2024 event about the world's top memecoin emerged.

International Business Times

At Least 8 House Dems Back FIT21 Bill Seeking Crypto Sector Regulatory Framework

Some Democrats, including digital assets skeptics, have voiced support for FIT21, a largely Republican-backed bill that could establish clear regulatory guidelines for the crypto industry.

International Business Times

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International Business Times

Most Of Ripple-Owned Metaco's Execs, Marketing Staffers Have Left Crypto Custody Firm: Report

Metaco, which saw its CEO depart the company earlier this year, has lost most of its executives and marketing department members, a new report revealed.

The Guardian - US

‘He knew it was wrong’: Sam Bankman-Fried sentenced to 25 years in prison over FTX fraud

Judge orders disgraced crypto mogul to forfeit $11bn in assets and says he showed no remorse for his crimes

International Business Times

Crypto Exchange OPNX To Shut Down As FTX Bankruptcy Claims Reach 'Recovery'

OPNX, the exchange founded by two of the people behind fallen crypto hedge fund Three Arrows Capital, will shut down this month.

Fortune

Goldman Sachs considering role in Grayscale and BlackRock spot Bitcoin ETF offerings

The investment bank would serve as an “authorized participant” for the exchange-traded funds.

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news in one place.

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Fortune

Hundreds of namesake crypto tokens pop up after Elon Musk announced AI chatbot Grok

The tokens have a market cap of more than $10 million.

Zenger

Money Mules Charged With Moving $307M In Tether, Converting Sum To Renminbi: Report

A Chinese court near Chongqing sentenced 21 people for online fraud, CoinDesk reported

Zenger

Bitcoin Trading Volume Surges 36% To $17.6 Billion In 24 Hours

Bitcoin's market cap also expands 2.5% as prices rise and ETF optimism grows

Al Jazeera

What is FTX founder Sam Bankman-Fried’s trial about?

Bankman-Fried, who had his bail revoked in August, faces multiple charges of money laundering and fraud.

Fortune

A timeline of Sam Bankman-Fried, who could go down as one of history’s most notorious fraudsters

Sam Bankman-Fried, 31, is facing fraud and conspiracy charges linked to FTX, which was once valued at $32 billion.

Zenger

Investors Eye CoinDesk Purchase Amid Crypto Winter

DCG's sale of CoinDesk could signal optimism for future crypto market recovery

The Philadelphia Inquirer

Lessons from the rise and fall of Sam Bankman-Fried and FTX

Former cryptocurrency king Sam Bankman-Fried has grown quieter as he approaches his federal fraud and conspiracy trial this fall.

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