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US prosecutors to seize $460 million in Robinhood shares from SBF
US Department of Justice (DOJ) counsel Seth Shapiro said at the Delaware bankruptcy court hearing that the DOJ does not consider the stock part of the company’s assets in the context of the forfeiture proceeding. Bankman-Fried, the founder of the now-defunct crypto exchange FTX, and the ...
Sam Bankman-Fried will spend Christmas in custody
Things are not looking good for Sam Bankman-Fried (SBF) ahead of the bright holidays, and it looks like his Christmas won’t be so merry. Bankman-Fried, the mastermind behind the failed cryptocurrency exchange FTX, was detained by Bahamian authorities on Tuesday. One day after he was locked ...
VISA partners with FTX for crypto debit cards
Despite recent price drops, VISA seems to think cryptocurrency investors will continue using their holdings for everyday purchases. CNBC reported that the world’s largest payment network is teaming up with global crypto exchange FTX to introduce debit card services in forty countries, ...
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