Tag Archives: iab-currencies

[ad_1] Murphy, North Carolina CNN  —  When Judy Stines first heard about cryptocurrency, “I always thought it was smoke and mirrors,” she said. “But if that’s what you want to invest in, you do you.” But then she heard the sound of crypto, a noise that neighbor Mike Lugiewicz describes …

[ad_1] Editor’s Note: Jake Cline is a writer and editor in Miami whose work has appeared in The Washington Post, The Atlantic and other national outlets. He was a member of the team that won the 2019 Pulitzer Prize in Public Service for the South Florida Sun Sentinel’s coverage of …

[ad_1] New York CNN  —  Sam Bankman-Fried, the disgraced founder of bankrupt crypto exchange FTX, has arrived at a Manhattan federal court where he is set to appear to face charges that include cheating investors out of billions of dollars. Authorities have accused Bankman-Fried of stealing customer funds from FTX …

[ad_1] Editor’s Note: Sign up to get our weekly column as a newsletter. We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. CNN  —  Predicting the future is impossible, and yet someone has to do it: in our case, the 18 contributors …

[ad_1] Editor’s Note: Tonantzin Carmona is a David M. Rubenstein fellow at the Brookings Institution. Her most recent work has focused on the risks and drawbacks of cryptocurrencies, particularly their impact on Black and Latinx communities. The views expressed here are her own. Read more opinion at CNN. CNN  —  …

[ad_1] Ne York CNN  —  A New York federal court hearing for FTX cofounder Sam Bankman-Fried is expected to begin at 1 pm ET Thursday, according to a court spokesperson. Bankman-Fried was extradited to the United States Wednesday night, Bahamas Attorney General Sen. Ryan Pinder confirmed. The Foreign Minister of …

[ad_1] CNN  —  Two senior executives associated with collapsed crypto exchange FTX have pleaded guilty to multiple criminal charges and are cooperating with federal prosecutors, according to unsealed court records. Additionally, the pair face civil fraud charges from the Securities and Exchange Commission that were announced Wednesday night. Gary Wang, …

[ad_1] London CNN Business  —  The first images of banknotes featuring Britain’s King Charles III were unveiled on Tuesday by the Bank of England. Charles’ portrait will appear on English notes of £5, £10, £20 and £50. Meanwhile, the rest of the design will remain the same as the current …

[ad_1] Nassau, Bahamas CNN  —  FTX founder Sam Bankman-Fried Monday morning arrived in court in the Bahamas where he is expected to drop his extradition fight, clearing a significant hurdle to return him to US soil to be prosecuted on multiple charges of fraud and conspiracy. Bankman-Fried had initially planned …

[ad_1] CNN  —  Former FTX CEO Sam Bankman-Fried is expected to appear in a Bahamas court on Monday to reverse his decision to contest extradition to the US, a person familiar with the matter told CNN. The New York Times also reported that Bankman-Fried is expected to agree to extradition …