Crypto Currency

Sam Bankman-Fried will not face second trial after multibillion-dollar crypto fraud conviction

US prosecutors say ‘strong public interest’ in prompt resolution of case against 31-year-old outweighs benefits of second trialUS prosecutors say they do not plan to conduct a second trial against Sam Bankman-Fried, who was convicted last month of stealing from customers of his now-bankrupt FTX cryptocurrency exchange.In a letter filed on Friday night in federal

Published 2 years ago in
Sam Bankman-Fried will not face second trial after multibillion-dollar crypto fraud conviction

US prosecutors say ‘strong public interest’ in prompt resolution of case against 31-year-old outweighs benefits of second trialUS prosecutors say they do not plan to conduct a second trial against Sam Bankman-Fried, who was convicted last month of stealing from customers of his now-bankrupt FTX cryptocurrency exchange.In a letter filed on Friday night in federal court in Manhattan…
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Crypto Currency

Israel’s Iran war will soon cost the equivalent of 41,300 Bitcoin every week

Israel’s Finance Ministry has put a weekly price tag on the country’s widening war with Iran, estimating that the economy could take a hit of more than 9 billion shekels (equivalent to $2.93 billion) a week if emergency limits on activity remain in place. The estimate links the economic toll to the Home Front Command’s

Published 8 hours ago in
Israel’s Iran war will soon cost the equivalent of 41,300 Bitcoin every week

Israel’s Finance Ministry has put a weekly price tag on the country’s widening war with Iran, estimating that the economy could take a hit of more than 9 billion shekels (equivalent to $2.93 billion) a week if emergency limits on activity remain in place. The estimate links the economic toll to the Home Front Command’s […]
The post Israel’s Iran war will soon cost the equivalent of 41,300 Bitcoin every week appeared first on CryptoSlate…
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Crypto Currency

U.S. Federal Contractor’s Son Arrested in $46 Million Theft of Seized Government Crypto

Bitcoin Magazine U.S. Federal Contractor’s Son Arrested in $46 Million Theft of Seized Government Crypto John Daghita, a U.S. government contractor accused of stealing more than $46 million in crypto from the U.S., was arrested last night. This post U.S. Federal Contractor’s Son Arrested in $46 Million Theft of Seized Government Crypto first appeared on

Published 8 hours ago in

Bitcoin Magazine

U.S. Federal Contractor’s Son Arrested in $46 Million Theft of Seized Government Crypto
John Daghita, a U.S. government contractor accused of stealing more than $46 million in crypto from the U.S., was arrested last night.
This post U.S. Federal Contractor’s Son Arrested in $46 Million Theft of Seized Government Crypto first appeared on Bitcoin Magazine and is written by Micah Zimmerman…
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Crypto Currency

American Bitcoin Expands Treasury to 6,500 BTC as Eric Trump Accuses Big Banks of Lobbying Against Crypto

Bitcoin Magazine American Bitcoin Expands Treasury to 6,500 BTC as Eric Trump Accuses Big Banks of Lobbying Against Crypto American Bitcoin added more than 6,500 Bitcoin, placing the firm among the largest publicly traded holders of the digital asset as it continues to scale its mining operations…

Published 8 hours ago in

Bitcoin Magazine

American Bitcoin Expands Treasury to 6,500 BTC as Eric Trump Accuses Big Banks of Lobbying Against Crypto
American Bitcoin added more than 6,500 Bitcoin, placing the firm among the largest publicly traded holders of the digital asset as it continues to scale its mining operations…
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Crypto Currency

Bitcoin investors may not need altcoins to diversify if tokenized stocks move on-chain

Crypto promised diversification beyond Bitcoin. For years, the pitch was simple: spread risk across blockchains, decentralized applications, and layer-1 protocols. In practice, that diversification often collapsed when Bitcoin stumbled. Ethereum, Solana, and other major altcoins routinely fell harder than BTC during drawdowns, leaving portfolios concentrated on the same directional bet…

Published 8 hours ago in
Bitcoin investors may not need altcoins to diversify if tokenized stocks move on-chain

Crypto promised diversification beyond Bitcoin. For years, the pitch was simple: spread risk across blockchains, decentralized applications, and layer-1 protocols. In practice, that diversification often collapsed when Bitcoin stumbled. Ethereum, Solana, and other major altcoins routinely fell harder than BTC during drawdowns, leaving portfolios concentrated on the same directional bet…
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