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Nishad Singh, former Alameda and FTX chief developer testified to $1.3 billion of customer funds invested in building Sam Bankman-Fried’s social capital and public image. Federal prosecutors moved to examine the final few government witnesses in United States v Sam Bankman-Fried, commonly known as SBF, on Oct. 16 following testimonies from
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A recently leaked list has exposed several high-profile celebrities cashing in on promoting cryptocurrency projects on social media. This revelation underscores the potential risks associated with taking financial advice from influencers. It casts a shadow over the integrity of the crypto market. The leaked list, shared by a Reddit user, has unveiled
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NFL quarterback Tom Brady and NBA point guard Stephen Curry are reportedly among the celebrities facing a probe from the Texas financial regulator over their promotion of the now-bankrupt crypto exchange, FTX. Joe Rotunda, director of enforcement at the Texas State Securities Board reportedly told Bloomberg in a Nov. 22 report
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But there’s no equivalent in crypto, despite some transparency efforts. Everything a project writes about itself, from information about founders to the goals of the project and even some financial data, can be completely made up. The people behind the worst projects actively avoid jurisdictions where they might face consequences
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