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Israel-Hamas escalation; Revelations from SBF’s trial; Ferrari embraces crypto

This week, industry leaders evaluated the impact of the Israel-Hamas war; FTX founder Sam Bankman-Fried’s trial progressed; and Ferrari confirmed plans to accept crypto payments. Bankman-Fried’s political ambitions On the fifth day of Sam Bankman-Fried’s trial, former Alameda CEO Caroline Ellison revealed that Bankman-Fried utilized customer funds for political lobbying and engaged

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French Crypto Trader Jailed for 18 Months for Buying a Ferrari With Bitcoin – Regulation Bitcoin News

A French crypto trader, Thomas Clausi, is currently jailed in Morocco where he was convicted of the crime of purchasing a Ferrari using bitcoin. Clausi’s arrest and subsequent jailing came after a woman, who sold him a Ferrari for $440,000 in April 2021, filed a complaint against the crypto trader

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Ferrari cuts ties with crypto sponsor ahead of 2023 Formula One season

Scuderia Ferrari, the racing division of luxury carmaker Ferrari, joined the growing list of Formula One racing teams to end partnerships with their cryptocurrency sponsors. Ferrari exited its multi-year partnership deals with Velas Blockchain and chip manufacturing giant Snapdragon, resulting in a cumulative $55 million loss for the Italian team

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Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG – Blockchain Bitcoin News

The Italian luxury sports car manufacturer headquartered in Maranello, Italy, Ferrari has announced the firm is partnering with Velas Network AG, a firm that specializes in blockchain and non-fungible token (NFT) technology. Ferrari Reveals Partnership With Blockchain Firm Velas On December 27, Ferrari the well known luxury sports car maker founded in

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