Shan Hanes, the former CEO of Heartland Tri-State Bank in Elkhart, Kansas, has been sentenced to more than 24 years in prison for embezzling $47 million from the bank and sending it to cryptocurrency wallets controlled by scammers who tricked him with a “Pig butchering” scheme.
A super PAC funded overwhelmingly funded by venture capitalist firm Andreessen Horowitz is bankrolling anti-crypto Democrats in battleground Senate races, enraging pro-crypto Republicans.
Cryptocurrency executives on Thursday reportedly yelled at the anti-crypto Biden-Harris administration during a meeting meant to repair relations between crypto and the White House.
FTX, the failed cryptocurrency exchange at the center of disgraced former CEO Sam Bankman-Fried’s fraud, was ordered to pay customers $12.7 billion.
The cryptocurrency market suffered a significant downturn on Sunday, with losses extending into Monday morning, as investors shed risky assets amidst broader economic concerns. The crypto crash has wiped out $367 billion in value so far.
David Marcus, CEO of Lightspark and a former Meta executive who has emerged as a leader in the crypto space, has publicly endorsed Donald Trump for the upcoming U.S. presidential election, explaining why he has abandoned his previously strong connection to the Democrat party.
Trump’s campaign raised $25 million in one night at a Saturday cryptocurrency fundraiser in Nashville, sources confirmed to Breitbart News.
Marc Andreessen, co-founder of prominent venture capital firm Andreessen Horowitz (a16z), has announced his support for former President Donald Trump in the 2024 presidential race, marking a significant departure from his long-standing allegiance to the Democrat party.
A new report from blockchain research firm TRM Labs has unveiled a startling increase in cryptocurrency theft, with hackers more than doubling their illicit gains in the first half of 2024 compared to the same period last year. Crypto crooks have stolen an astounding $1.38 billion so far this year.
Fairshake, a pro-crypto super PAC, on Wednesday touted the ouster of Rep. Jamaal Bowman (D-NY), a staunch anti-crypto lawmaker.
A baptist pastor in Florida has been arrested on child pornography charges after he allegedly used cryptocurrency to purchase online child sexual abuse material.
Cameron and Tyler Winklevoss, the founders of the cryptocurrency exchange Gemini, on Thursday announced they have donated $2 million in bitcoin to former President Donald Trump’s reelection campaign, citing the Biden administration’s “war against crypto.”
Former President Donald Trump said at a Silicon Valley fundraiser on Thursday that he would be a “crypto president,” while the Biden administration has been staunchly anti-innovation.
Tom Emmer said that pro-crypto lawmakers are beating the “dinosaurs” and “kleptomaniac bureaucrats” like SEC Chairman Gary Gensler.
Former President Donald Trump’s presidential campaign is the first ever from the two major political parties to begin accepting cryptocurrency contributions. Trump’s team announced the novel fundraising method on Tuesday in an emailed press release. Donors can contribute to the
Disgraced former FTX CEO Sam Bankman-Fried said on Tuesday he is “haunted” by his decisions, which led to the collapse of the digital currency exchange and billions of dollars of customers and investors’ funds lost.
Disgraced former FTX CEO Sam Bankman-Fried’s legal team has claimed that customers have lost “zero” dollars despite an estimated $11 billion in customer and investors losses due to Bankman-Fried’s fraud.
Disgraced FTX CEO and Democrat Megadonor Sam Bankman-Fried on Thursday was sentenced to 25 years in jail for fraud after facing up to 100 years in jail.
Disgraced FTX founder and Democrat super donor Sam Bankman-Fried, who was convicted of fraud and money laundering last year, returns to a New York court Thursday to be sentenced for his crimes.
In a scathing letter to Judge Lewis Kaplan, FTX Trading CEO John Ray alleges that disgraced FTX founder Sam Bankman-Fried made “callously” and “demonstrably false” claims in his sentencing memo to secure a lighter prison term. According to Ray, the harm caused by SBF is “vast” and his remorse is “nonexistent.”
Salvadoran President Nayib Bukele announced on Thursday evening that the Central American country has moved some $400 million worth of Bitcoin cryptocurrency assets to a “cold wallet” secured in a physical vault in the country’s territory.
The FBI’s Internet Crime Complaint Center (IC3) has revealed a staggering increase in financial losses due to cybercrime in the United States, reaching an unprecedented $12.5 billion in 2023. This represents a 22 percent jump in losses over 2022.
Sen. Cynthia Lummis railed against Biden’s “absurd” scheme to survey electricity consumption from the cryptocurrency mining industry.
Two Cleveland-area brothers were indicted on Thursday by federal prosecutors for fraud and money laundering schemes after allegedly posing as members of the United Arab Emirates (UAE) royal family to run a crypto scam and con investors out of millions of dollars.
Tel Aviv-based blockchain analysis company Lionsgate Network has helped the Israeli government recover $90 million in Hamas cryptocurrency since the October 7 attack.
The Maduro regime unceremoniously killed its scam cryptocurrency, the “Petro,” in January.
The United Nations Office of Drugs and Crime (UNODC) released a report on Monday that accused North Korean state-controlled hackers of sharing their shadowy banking and money-laundering networks with scam artists and drug traffickers across Southeast Asia, including Myanmar, Thailand, Laos, and Cambodia.
Sen. Cynthia Lummis (R-WY), a leading advocate for digital currencies, endorsed Ohio Senate Republican candidate Bernie Moreno’s bid to oust the anti-crypto Sen. Sherrod Brown (D-OH).
Senate Banking Committee Chairman Sherrod Brown’s (D-OH) anti-digital currency stance pits him against pro-crypto Senate Republican candidate Bernie Moreno, who has championed moves to turn Cleveland into a crypto hub.
During a Senate Banking Committee hearing, JPMorgan Chase CEO Jamie Dimon expressed strong opposition to cryptocurrencies, suggesting that the government should ban them.
Disgraced former FTX CEO Sam Bankman-Fried, once seen as the “next Warren Buffett,” is now trading mackerel in jail for a jailhouse haircut.
Civitai, an online marketplace for AI models, has recently introduced a controversial feature allowing users to post “bounties” for creating deepfake images of real people, including normal people without significant public presence. Creators earn money for completing the bounties, which may be used for deepfake porn or other nefarious purposes.
Several friends of Sam Bankman-Fried’s parents said that they have yet to see them express any regrets about their actions after Bankman-Fried was convicted and as they face an upcoming trial for “fraudulently” transferring and misappropriating millions of dollars from FTX.
ApeFest, a festive gathering for “Bored Ape Yacht Club” NFT enthusiasts in Hong Kong took an alarming turn as several attendees reported distressing eye injuries and skin damage, reportedly caused by UV lights used on the event’s stage.
The testimony against disgraced former FTX CEO Sam Bankman-Fried and his own squirrely testimony may have led to his conviction.
Sam Bankman-Fried has been found guilty of all charges stemming from the collapse of his cryptocurrency exchange company FTX.
What do Hamas, fentanyl, North Korea, China, and the U.S. debt have in common? They are all funded in part by a cryptocurrency called Tether.
Disgraced former FTX CEO Sam Bankman-Fried appeared to suffer from memory loss, dodged questions, and gave vague answers when answering the prosecutions’ questions.
Jimmy Zhong, initially a victim of a cryptocurrency theft, has emerged as the criminal mastermind behind one of the most colossal bitcoin thefts in history, ending the mystery of a $3 billion theft from the dark web’s infamous marketplace, Silk Road.
Disgraced former FTX CEO Sam Bankman-Fried testified on Thursday that he was “not sure” whose decision it was to use FTX customer funds for investments on the hedge fund Alameda Research.
