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The Latest Breaking News from Crypto

'I Didn't Steal Funds,' FTX's Sam Bankman-Fried Asserts

The former king of crypto has just given his first answers to the allegations of fraud filed against him by regulators.

The Street

Illicit crypto transactions rose again in 2022, exceeding $20 billion

A report by Chainanalysis claims that nearly half of those transactions were linked to sanctioned platforms.

Fortune

Genesis is on the hook for $3 billion

The Financial Times also reported that Genesis has a portfolio valued at $500 million.

Fortune

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Crypto Price Check: Bullishness Is Back but Scandal Impact Lingers

While crypto prices have shown some life recently, investors are still contending with a series of scandals and bankruptcies.

The Street

What next for crypto? Industry faces new challenges after rollercoaster year

2022 was a tumultuous year for crypto. One company fell after another, culminating with the spectacular collapse of the FTX cryptocurrency exchange and the arrest of its founder Sam Bankman-Fried, who is now under investigation for fraud. So what's in store for the industry this year? FRANCE 24's Kate Moody…

France 24

Bitcoin Spikes To $19,800 Price After FTX Asset Recovery

Bitcoin price jumped to a one-month high after FTX lawyers announced they recovered $5 billion in liquid assets.

Investors Business Daily

Coinbase's relationship with the media has been fraught. Brian Armstrong can fix that

The Coinbase CEO embracing mainstream media could help his company—but also all of crypto.

Fortune

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Illegal crypto activity hit all-time high of $20 billion in 2022

some crypto crooks may be shifting their focus to more vulnerable targets amid a Bitcoin bear market

Evening Standard

UK-founded crypto firm Blockchain.com lays off almost a third of workforce

UK-founded crypto brokerage Blockchain.com is set to cut 28% of its workforce as the so-called ‘crypto winter’ intensifies.

Evening Standard

Get-rich-quick crank Simon Stepsys in court for cheating the taxman

Stepsys has a long history of plugging crypto schemes that turn into disasters, when he's not busy posting pictures of himself online

Daily Mirror

Binance Announces Big Staffing Plans as Rivals Falter

Binance swims against the tide of red ink in the crypto sector with plans to increase the number of staff by between 15% and 30%.

The Street

Tom Brady and New England Patriots owner 'lose fortune' as £26billion crypto goes bust

Cryptocurrency site FTX has gone bankrupt and lots of rich investors have taken a big financial hit, including the likes of Tom Brady and New England Patriots owner Robert Kraft

Daily Mirror

Individual creditor names remain secret in FTX bankruptcy

The judge presiding over the bankruptcy of cryptocurrency exchange FTX Trading is allowing the company to maintain a veil of secrecy over the names of individual customers and creditors

The Independent UK

Coinbase Strikes a Massive Blow to Bankman-Fried and FTX

Cryptocurrency exchange CEO Brian Armstrong delivers a scathing critique of his rival.

The Street

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Fortune

Ripple: ‘Congress must examine the SEC’s role in the recent crypto contagion’

For the last two years, Ripple has been arguing that the SEC is overreaching on crypto regulation. It's time for the new Congress to provide certainty.

The Street

Coinbase Confirms End of an Era

Cryptocurrency exchange to cut nearly 1,000 additional jobs and record significant charges.

The Street

Coinbase Confirms End of Era of Growth

Cryptocurrency exchange to cut nearly 1,000 additional jobs and record significant charges.

Fortune

DCG's Silbert fishes for sympahy in crypto row with Winklevoss twin

Instead of the heady days of the Fed-induced asset bubble, times have been personally and professionally tough for the owner of crypto lender Genesis.

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Bangkok Post

SEC probes embattled crypto exchange Zipmex

The Securities and Exchange Commission is investigating whether the embattled crypto exchange Zipmex, which is in the midst of being taken over by a Thailand-linked venture capital fund, breached local rules in its offer of certain digital-asset products.

The Street

FTX Collapse: Tom Brady And Powerful Billionaires Lose Big

The names of stockholders of the bankrupt cryptocurrency exchange have just been revealed.

Fortune

Cameron Winklevoss calls for ouster of Barry Silbert as Gemini-Digital Currency Group feud intensifies

Winklevoss said DCG needs a new CEO so the two companies can settle their issues out of court.

WEKU

Coinbase lays off around 20% of its workforce as crypto downturn continues

This latest round of job cuts, around 950, comes after the company laid off about 1,100 people back in June.

The Street

FTX Collapse: Dispute Between Billionaires Winklevoss, Silbert Escalates

The bankruptcy of the cryptocurrency exchange FTX has reverberated through the crypto space.

The Street

Coinbase Confirms End of Era of Insolent Growth in Crypto

Cryptocurrency exchange to cut nearly 1,000 additional jobs and record significant charges.

Zenger

Creator Of Mutant Ape Planet NFT Aurelien Michel Arrested

Mutant Planet Ape (MAP) NFT creator Aurelien Michel was arrested for defrauding investors of $2.9 million in crypto currency.

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