FTX Founder Faces New Bribery Charge for Allegedly Paying $40 Million to Chinese Officials

U.S. prosecutors have unveiled a new indictment against Sam Bankman-Fried, the founder of the now-bankrupt FTX cryptocurrency exchange. Bankman-Fried now faces a 13-count indictment, including a new bribery conspiracy charge, for the November collapse of FTX. The charge accuses Bankman-Fried of paying a $40 million bribe to Chinese officials to.

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CFTC sues Binance and CZ over US regulatory violations

The United States Commodities Futures and Trading Commission (CFTC) has taken legal action against Binance, one of the world’s largest cryptocurrency exchanges, and its CEO, Changpeng Zhao (CZ), for alleged violations of US regulatory laws. This comes as a major blow to the exchange and its users. The CFTC alleges.

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XRP Market Cap Rises to $25.6B with 10.34% Daily Gain

Introduction: XRP, the cryptocurrency created by Ripple, has seen a rise in value over the past week. On Tuesday, March 28, it gained 10.34% in a day to reach $0.50421, the largest one-day percentage gain since March 21. Its market cap rose to $25.67935B, which is 2.27% of the total.

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Ethereum’s Upcoming Shanghai Upgrade Crucial for Defending Critical Support

Introduction: The cryptocurrency market is always in a state of flux, with prices rising and falling rapidly. One of the most prominent cryptocurrencies, Ethereum (ETH), is currently going through a period of consolidation, with holders and bulls fighting to defend critical support at $1,680. In the coming weeks, Ethereum’s Shanghai.

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US CFTC Files Trading Violation Suit Against Binance and CEO CZ

Introduction: The world’s largest cryptocurrency exchange by trading volume, Binance, is facing legal trouble in the United States. The US Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Binance and its CEO, Changpeng “CZ” Zhao, for alleged trading violations. This article will delve into the details of the.

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WhiteBIT Token Surges to New Heights: Listing on MEXC

Introduction: WhiteBIT is one of the leading cryptocurrency exchanges in Europe that provides a premium service to over 3 million registered users worldwide. In August 2022, the exchange introduced a new product called WhiteBIT Token (WBT), which has rapidly gained popularity in just two months. It has achieved an impressive.

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Bitcoin Bulls Return as Institutional Interest and MicroStrategy’s Accumulation Grows

Introduction Bitcoin, the world’s largest cryptocurrency by market capitalization, has been on a rollercoaster ride lately. From soaring to an all-time high of nearly $65,000 in April 2021 to dropping to as low as $28,000 in June, Bitcoin has left investors wondering what the future holds. However, recent developments suggest.

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Bitcoin Struggles to Stay Above $28,000 Despite Banking Woes

Despite fresh banking woes, Bitcoin failed to receive a boost and struggled to stay above $28,000 on March 24. Learn about the factors affecting Bitcoin’s price and its future prospects in this article. Factors Affecting Bitcoin’s Price Bitcoin, the world’s largest cryptocurrency, has had a tumultuous journey in recent weeks..

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Bybit Implements a Proof of Reserves System for Cryptocurrency Holdings

Introduction: As the world’s reliance on cryptocurrencies continues to grow, the security of digital assets is becoming more important. In response, Bybit, one of the largest cryptocurrency exchanges, has implemented a Proof of Reserves system to provide its users with increased transparency and security. What is Bybit’s Proof of Reserves.

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Shiba Inu Price Downtrend Raises Concerns Among Investors

Introduction Shiba Inu, a cryptocurrency that gained popularity as a meme coin, has been experiencing a downtrend in its price for over the last two weeks. Many investors had expected this to be a temporary correction before a rally, but a critical indicator suggests that the meme coin might disappoint.

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Why Ontology (ONT) Price Might Experience a Further Decline Next Week

In this article, we explore the potential reasons why Ontology’s (ONT) price may experience a further decline next week, including the impact of the recent Gaming Developers Conference (GDC) and its comparison to NEO. Introduction: Ontology (ONT) is a cryptocurrency that has been experiencing some turbulence in the market in.

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The Rise of Cryptocurrencies: A Game-Changer in the Financial World

As financial institutions struggle, cryptocurrencies are becoming increasingly popular. This article examines the performance of digital coins, highlighting those that have had a remarkable week. Introduction The world of cryptocurrencies has taken the financial world by storm. With traditional financial institutions struggling, digital coins have become increasingly popular. While some.

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