‘He spent his customers’ money and he lied about it’: Prosecutors present closing arguments against Sam Bankman-Fried

As Sam Bankman-Fried‘s fraud trial nears its conclusion, federal prosecutors delivered forceful closing arguments accusing the FTX founder of lying and stealing from customers. Inner City Press, which has reported live from the courtroom since the beginning of Bankman-Fried’s trial, reported Assistant US Attorney Nicolas Roos told the jury that the simple fact was that …

DCG hires former impeachment counsel against Donald Trump to defend against NYAG suit

Digital Currency Group (DCG) has hired acclaimed trial attorney Barry Berke to confront a civil lawsuit filed by New York Attorney General Letitia James against the company and its founder, Barry Silbert, according to a press release. Berke, a partner and chair of the litigation department at Kramer Levin, is renowned for his litigation expertise …

Unpacking Solana’s surge in the shadow of Bitcoin rally

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …

King Charles decrees ‘rapidly advancing AI’ needs to be ‘safe and secure’ at AI Safety Summit

Government ministers from around the globe gathered today for the world’s first-ever summit on artificial intelligence (AI) safety, held at Bletchley Park, the historic site where Alan Turing cracked the Enigma code during World War II. King Charles of England and Wales also delivered remarks, underscoring the urgency of ensuring AI’s safe and ethical development. …

Trader Predicts Legs Up for THORChain and One Ethereum-Based Altcoin, Updates Outlook on Polygon

A widely followed crypto analyst is taking a look at Polygon (MATIC) while predicting upward moves from two altcoins. Pseudonymous crypto trader Altcoin Sherpa tells his 197,400 followers on the social media platform X that THORChain (RUNE) is ready to move up. “RUNE: Next area up is $3.” Source: Altcoin Sherpa/X THORChain is a decentralized liquidity …

‘That’s fraud,’ prosecutors say in closing arguments at Sam Bankman-Fried trial

The U.S. government delivered its closing arguments in New York in an effort to convince the jury that SBF is guilty of fraud and conspiracy to commit fraud. News Join us on social networks Sam “SBF” Bankman-Fried’s trial has entered the final stages, with the prosecution delivering its closing arguments in the case on Nov. …

Bitcoin crash pre-halving? Stablecoin metric that marked 2019 top flashes warning

Two key BTC supply metrics show conflicting signals on whether a retracement will occur before the Bitcoin halving. Market Analysis Join us on social networks Bitcoin (BTC) is at 17-month highs with just 164 days until the next Bitcoin halving event, alongside anticipation of a spot Bitcoin exchange-traded fund (ETF) approval in the coming months. Yet, amid Bitcoin’s …

UK AI Safety Summit begins with global leaders in attendance, remarks from China and Musk

The U.K. AI Safety Summit concluded its first day with a common declaration, the U.S. announcing an AI safety institute, China willing to communicate on AI safety, and comments from Elon Musk. Follow up Join us on social networks The United Kingdom’s global summit on artificial intelligence safety, the AI Safety Summit, began on Nov. …

PayPal scores UK crypto license after brief local Bitcoin buy halt

Licensed by the FCA on Oct. 31, 2023, PayPal has requirements or restrictions placed on the financial services activities that it can operate. News Join us on social networks Global payment giant PayPal has received approval from the Financial Conduct Authority (FCA) to offer crypto services in the United Kingdom. According to official FCA data, …

Ethereum (ETH) Rival Cardano (ADA) Hits On-Chain Milestone As Old Wallets Start To Move: Santiment

New data from market intelligence firm Santiment shows that Ethereum (ETH) competitor Cardano (ADA) just hit a major milestone. In a new post on the social media platform X, the crypto analytics firm says that long-time ADA holders have suddenly started moving the largest amount of tokens in more than a year. The firm also …

US crypto custody firm BitGo wins BaFin license in Germany: Report

BitGo originally announced it was setting up two regulated custodial entities in Germany and Switzerland in February 2020. News Join us on social networks Major cryptocurrency custody firm BitGo is reportedly expanding its regulatory compliance in Germany more than three years after launching a dedicated local subsidiary. BitGo has obtained a cryptocurrency license from the …

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