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Marchés

Bitcoin’s 87% Drop in 2021 Was Caused by Sam Bankman-Fried's Alameda, Ex-Employee Claims

An ex-Alameda employee claims a trader at the firm punched in a wrong decimal which led to bitcoin's 87% drop on Binance.US in 2021.

El fundador de FTX, Sam Bankman-Fried, vuelve a comparecer ante el tribunal en las Bahamas. (Joe Raedle/Getty Images)

Juridique

Stanford University Will Return 'Gifts' Donated by FTX: Report

FTX sued Joseph Bankman and Barbara Fried for misappropriating millions, including $5.5 million in donations to Stanford University.

Stanford University (Shutterstock)

Juridique

Sam Bankman-Fried’s Dad Thought His Son Wasn’t Paying Him Enough, So He Got Mom Involved

The alleged dispute over Joe Bankman’s $200,000 FTX salary versus his desired $1 million points to an unusual family dynamic at the former cryptocurrency colossus.

Sam Bankman-Fried, right, and his parents, Joe Bankman and Barbara Fried (Victor Chen/CoinDesk)

Finance

Nomura's Laser Digital Starts 'Bitcoin Adoption Fund' for Institutional Investors

The Bitcoin Adoption Fund will provide long-only exposure and will be the first in a range of such digital asset investment products offered by Laser Digital

Majority of Japanese institutional investors plan to invest in crypto in next three years: Nomura survey. (charnsitr/Shutterstock)

Juridique

FTX Bankruptcy Estate Sues Sam Bankman-Fried’s Parents, Joseph and Barbara, to Claw Back ‘Misappropriated Funds'

The filing, redacted in parts, asks the court to award the FTX estate damages, the return of any property given or payment made to the parents.

Sam Bankman-Fried's parents walking out of the court on Aug 11, 2023. (Victor Chen/CoinDesk)

Juridique

New York Regulator Seeks Tougher Norms for Adding, De-Listing Crypto Coins

Licensees in the state will have to set out technology, market and regulatory risks for listed cryptocurrencies under the state’s BitLicense regime.

The New York Department of Financial Services regulates crypto in the state. (Flickr)

Technologies

Mark Cuban Loses Nearly $1M to Crypto Scam

The billionaire said he logged in to his crypto wallets after months of inactivity but had likely clicked on a phishing link.

Billionaire Dallas Mavericks owner Mark Cuban (Getty Images)

Juridique

NFL Quarterback Trevor Lawrence and 2 YouTube Influencers Settle FTX Case

NFL team Jacksonville Jaguars' quarterback Trevor Lawrence and YouTube influencers Kevin Paffrath and Tom Nash agreed to undisclosed terms, while BitBoy has been dismissed from the case.

NFL All Day (Unsplash)

Technologies

Coinbase Earned $1M Amid Hack, but Hasn't Reimbursed Victims

Coinbase received 570 ETH, the second-largest payout tied to MEV in Ethereum’s history, to process transactions related to the Curve exploit.

Coinbase CEO Brian Armstrong (Coinbase)

Juridique

Mila Kunis Web Series Stoner Cats Faces SEC Enforcement Action for 'Unregistered' NFT Offerings

The production company behind Stoner Cats encouraged investors to buy and trade royalty-yielding NFTs, tying the collectibles to the success of its Hollywood-backed web series, the SEC said.

The Securities and Exchange Commission says NFTs tied to the Stoner Cat series backed by Mila Kunis and Ashton Kutcher are unregistered securities.  (Axelle/Bauer-Griffin/FilmMagic)