Digital currencies

Sam Bankman-Fried speaks for the first time since his arrest |  CNN Business

Sam Bankman-Fried speaks for the first time since his arrest | CNN Business

New York CNN — Sam Bankman-Fried, the former crypto star turned suspected white-collar criminal, has spoken out for the first time since his arrest last month, posting a lengthy blog post that appears to lay out his defense against the fraud charges. . “I didn’t steal funds, and I certainly didn’t hide billions,” he wrote …

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Beware of Crypto 'Pig-Cutting' Scam Sweeping America |  CNN Business

Beware of Crypto ‘Pig-Cutting’ Scam Sweeping America | CNN Business

New York CNN — The FBI says America has a “pig butcher” problem. And it costs victims millions of dollars. “We don’t talk about what’s going on on the farms,” ​​said Frank Fisher, public affairs specialist in the bureau’s Albuquerque division. “We are talking about a cryptocurrency investment scam that is sweeping the country.” The …

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Beware of Crypto 'Pig-Cutting' Scam Sweeping America |  CNN Business

Beware the Crypto ‘Piggy-Cutting’ Scam Sweeping America | CNN Business

New York CNN — The FBI says America has a “pig butcher” problem. And it costs victims millions of dollars. “We don’t talk about what’s going on on the farms,” ​​said Frank Fisher, public affairs specialist in the bureau’s Albuquerque division. “We are talking about a cryptocurrency investment scam that is sweeping the country.” The …

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Binance Withdrawals Surge To $3 Billion In 24 Hours, Research Firm Says |  CNN Business

Binance Withdrawals Surge To $3 Billion In 24 Hours, Research Firm Says | CNN Business

hong kong CNN — Investors withdrew up to $3 billion from Binance on Tuesday, according to blockchain analytics firm Nansen, as the largest in the world cryptocurrency the exchange faced investor jitters amid a deluge of negative headlines about the industry. Andrew Thurman, head of content for Nansen, told CNN that at its peak, Binance …

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Is the worst over for bitcoin and the rest of crypto?  |  CNN Business

Is the worst over for bitcoin and the rest of crypto? | CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber ? You can register here. New York CNN Business — The collapse of FTX has sent the price of bitcoin and other cryptocurrencies plummeting by more than 60% this year…and the carnage has spread to publicly traded companies …

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The crypto crisis continues.  Here's the latest on FTX's meltdown |  CNN Business

The crypto crisis continues. Here’s the latest on FTX’s meltdown | CNN Business

New Delhi CNN Business — Aftershocks from Last Week’s Massive Trillion-Dollar Crypto Industry Earthquake Continued to Reverberate In Monday. Digital currency prices fell again as the crisis engulfing the market deepened over the weekend. Bitcoin, the largest cryptocurrency in the world, has fallen around 65% so far this year. It was trading at around $16,500 …

The crypto crisis continues. Here’s the latest on FTX’s meltdown | CNN Business Read More »

The crypto crisis continues.  Here's the latest on FTX's meltdown |  CNN Business

The crypto crisis continues. Here’s the latest on FTX’s meltdown | CNN Business

New Delhi CNN Business — Aftershocks from Last Week’s Massive Trillion-Dollar Crypto Industry Earthquake Continued to Reverberate In Monday. Digital currency prices fell again as the crisis engulfing the market deepened over the weekend. Bitcoin, the largest cryptocurrency in the world, has fallen around 65% so far this year. It was trading at around $16,500 …

The crypto crisis continues. Here’s the latest on FTX’s meltdown | CNN Business Read More »

What's Next For Crypto As FTX Collapse Triggers 'Lehman Moment'?  |  CNN Business

What’s Next For Crypto As FTX Collapse Triggers ‘Lehman Moment’? | CNN Business

London CNN Business — The Staggering Fall of FTX Exchange, One of the Biggest and Most Reputable Players in the Digital Asset Market, Raises Alarm among people who own cryptocurrencies as investors run for cover. There are still many unanswered questions. But two big issues loom: how far will the damage extend? And can the …

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DOJ and SEC Investigate FTX Collapse as Entire Crypto Market Plunges

DOJ and SEC Investigate FTX Collapse as Entire Crypto Market Plunges

A screenshot of the FTX ad featuring comedian Larry David that ran during the Super Bowl in February 2022.Screenshot: FTX/YouTube The Department of Justice and the Securities and Exchange Commission are investigating FTX, a crypto platform that halted withdrawals on Tuesday, according to a new report from the the wall street journal. And while the …

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