Crypto bank Silvergate has been hit with a class action lawsuit, alleging that it aided and abetted fraud carried out by FTX and its subsidiary Alameda Research. The lawsuit was filed by Joewy Gonzale...
Tag: Faces
FTX’s Bankman-Fried faces ‘many many years in prison’
Ira Lee Sorkin, the lawyer who represented the perpetrator of the largest individual Ponzi Scheme, Bernie Madoff, has warned FTX founder Sam Bankman-Fried (SBF) might face an extended jail term if fou...
Silvergate faces class-action lawsuit over FTX and Alameda dealings
A class-action lawsuit against Silvergate Bank, Silvergate Capital Corporation and Silvergate CEO Alan Lane was filed at the California Southern District Court concerning accounts held by embattled cr...
Santa Rally Traps Swing Traders as Ethereum Faces Price Correction Phase
Ethereum price again slipped below the $1300 mark in the intraday trading session. The market capitalization has fallen by 2.5% to $157.7 billion in the last 24 hours. The crypto market is down slight...
Push For Puerto Rico Statehood Vote Gets One Step Closer With House Approval — But Faces Long Odds In Senate
Topline The House passed legislation on Thursday that would require Puerto Rico to vote on whether to change the island’s legal status next year, marking a significant step toward making the U.S. terr...
BTC/USD Faces Fresh Support Below $17,500
Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction shows BTC sliding towards the downside as the cryptocurrency touches the $17,376 low. Bitcoin Predic...
The Fed’s 50-bps hike faces off against the “compressed lag effect”
In the final Fed meeting of the year, Chairman Powell and the FOMC announced a rate hike of 50 bps, lifting the policy rate to 4.25%-4.50%. The decision was unanimous and very much in line with expect...
Bitcoin Faces Strong Resistance When It Falls Below $18K
Dec 15, 2022 at 12:18 // Price The price of Bitcoin (BTC) has started to trade in the bullish trend zone. Bitcoin price long-term forecast: bullish However, the price recovery was short-lived as...
FaZe Clan Faces ‘Substantial Doubt’ It Can Survive — Five Months After Going Public
The company for online creators has experienced a confluence of factors that have cooled off its business. Without an infusion of funding, FaZe Clan may be looking at Game Over. When Snoop Dogg stalke...
Binance Crypto Exchange Faces Test as Customers Withdraw Funds
There’s nothing in crypto like the New York Stock Exchange, but if the industry has anything close, Coinbase Global and Binance fill that role. Coinbase (ticker: COIN) is based in the U.S. and provide...
Compound DAO faces class action lawsuit for allegedly selling unlicensed securities
A new lawsuit claims that investors experienced damages after purchasing COMP tokens. Compound DAO is suspected of selling unlicensed securities. Eight defendants named in the lawsuit The San Francisc...
FTX Founder Faces Eight Criminal Charges to 115 Years of Prison
A day after FTX founder Sam Bankman-Fried was arrested by the Bahamian authorities, SBF has been denied bail by the judge. Soon after his arrest, SBF’s attorney requested to release his client after p...
SBF faces 8 criminal charges; Binance reportedly has billions in undisclosed reserves
The biggest news in the cryptoverse for Dec. 13 includes the arrest of former FTX CEO Sam Bankman-Fried, the testimony of FTX’s new CEO John Ray on what led to the exchange’s failure and Binance repor...
Sam Bankman-Fried Arrested, Faces Extradition to the U.S.
Disgraced founder and ex-CEO of FTX Sam Bankman-Fried has been arrested in the Bahamas. The arrest follows U.S. prosecutors’ filing of criminal charges against Bankman-Fried. According to a stat...
Ripple Ally Faces Delay from SEC over Next Phase of Proceedings
Tomiwabold Olajide Ripple ally sees delay in next phase of lawsuit as SEC requests more time According to recently provided updates by James K. Filan in Ripple ally LBRY’s lawsuit, the SEC has s...
Elon Musk Faces Heat After Mocking Trans Community
Elon Musk, a billionaire and the head of Twitter, dropped a bomb on the platform. He denounced people who impose their pronouns on others. In response to Scott Kelly, a former NASA astronaut, who took...
Ethereum Price Faces Rejection, Why ETH Holders Are Still Safe
Ethereum faced a strong rejection near $1,300 against the US Dollar. ETH is declining, but there is a major support waiting near $1,240 and $1,220. Ethereum struggled to clear the $1,295 and $1,300 re...
FET/USD Faces Up as Price Heads For $0.12 Level
Join Our Telegram channel to stay up to date on breaking news coverage The Fetch.AI price prediction shows that FET is breaking above the $0.10 barrier as eyes are glued on $0.15. Fetch.AI Prediction ...
Wegmans faces global challenges to become regional supermarket power
Say its name in a certain crowd, and you’ll hear delighted sighs. Mention it to someone who no longer lives nearby, and you’ll trigger wistful, faraway glances. Bring it up in a town without one...
Yuga Labs, Moonpay faces lawsuit over celebrities NFT promotion
Yuga Labs, creators of Bored Ape Yacht Club (BAYC) and crypto fintech Moonpay are facing a class-action lawsuit for allegedly using celebrities to misleadingly promote and sell nonfungible tokens (NFT...
Polkadot price analysis: DOT faces a minor pullback towards $5.0 after a bearish drive
Polkadot price analysis reveals DOT is stuck in a bearish trendline and has been unable to break above $6.0 for the previous three weeks. Polkadot is trading at $5.29, down by $5.29, down by 1.92 perc...
Litecoin price analysis: LTC faces a bearish pullback after hitting $77.18 resistance
Litecoin price analysis is going through a loss as the price underwent a decline up to $75.57 today. The downtrend has been quite constant for the last 14 hours, with the price dropping from a high of...
Grayscale Faces Lawsuit as GBTC Plunges to Record Low 43% Discount
New York-based hedge fund Fir Tree Capital Management has filed a lawsuit against digital asset manager Grayscale Investments over “potential mismanagement and conflicts of interest” at the firm’s fla...
Founder of FTX Sam Bankman-Fried faces Federal inquiry
The life and times for the founder of FTX, Sam Bankman-Fried, are only getting more complicated and confusing as presently he is seemingly facing a Federal-enquiry, which the Federal authorities have ...
SBF Faces Market Manipulation Inquiry for Terra Collapse
Crypto’s public enemy number one, Sam Bankman-Fried (SBF), could be investigated for market manipulation. Former FTX CEO Sam Bankman-Fried has become a target for federal prosecutors. They have launch...
Bitcoin pioneer faces trial for tax evasion and unlicensed crypto business
A well-known Bitcoin pioneer and Libertarian activist Ian Freeman is currently facing an eight-count charge in the United States. The trial relates to tax evasion and operating an unlicensed money-tra...
Marathon Digital faces trouble on these fronts; is Compute North to blame
Compute North’s bankruptcy left Marathon Digital with a $20 million worth loss Marathon Digital mined 472 BTC in November 2022 Bitcoin mining giant Marathon Digital released its Bitcoin Productions a...
Bitcoin Cash Returns To Its Previous Low And Faces Rejection Of $120 High
Dec 07, 2022 at 13:58 // Price Bitcoin Cash price is falling as sellers are undercutting the moving average lines. Bitcoin Cash price long-term analysis: bearish BCH hit a low of $108 today. Bea...
XRP faces resistance from 100 EMA; Outlook turns positive!
XRP slips to the seventh spot as three stablecoins dominate the top 6 spots. Having declined 55% in the last year, even months’ movement has moved negatively. XRP has been a dominant force in applying...
SNX/USD Faces the Rejection of the $2.00 Level
Join Our Telegram channel to stay up to date on breaking news coverage In the last daily trading session, we had a strong bullish price breakout that took the price close to the $2.00 resistance level...
SNX/USD Faces Intraday Correction; Trades at $1.89
Join Our Telegram channel to stay up to date on breaking news coverage The Synthetix price prediction shows that SNX slips as the price drops to $1.87 and may create a new low in the next negative mov...
Top Democrat Faces Backlash over Tweet to SBF
CoinMarketCap News, Dec. 5: Top Democrat Faces Backlash over Tweet to SBF But first — subscribe to our newsletter. Listen to the CoinMarketRecap podcast on Apple Podcasts, Spotify and Google Podcasts ...