❌

Normal view

There are new articles available, click to refresh the page.
Before yesterdayNYT: Technology

Ryan Salame, FTX Executive, Gets Seven and a Half Year Prison Sentence

28 May 2024 at 14:14
Ryan Salame, the head of FTX’s subsidiary in the Bahamas, was the first of Sam Bankman-Fried’s deputies to be sentenced since the crypto exchange collapsed in November 2022.

Β© Jefferson Siegel for The New York Times

Ryan Salame, a trusted lieutenant of Sam Bankman-Fried, leaving federal court in Manhattan after his sentencing on Tuesday.

Ether Cryptocurrency ETFs Are Approved by the SEC

23 May 2024 at 21:40
The Securities and Exchange Commission gave its blessing to a fund that tracks the price of the most valuable cryptocurrency after Bitcoin.

Β© Brendan McDermid/Reuters

BlackRock is among the major financial firms that want to issue exchange-traded funds tied to the price of the cryptocurrency Ether.

Sam Bankman-Fried, FTX Founder, Transferred From Brooklyn Jail

22 May 2024 at 16:41
The FTX founder’s final destination wasn’t clear, but Mr. Bankman-Fried has told people close to him that he expected to be moved to a facility in Mendota, Calif.

Β© Brittainy Newman for The New York Times

Sam Bankman-Fried leaving Federal District Court in New York in December 2022.

Craig Wright Is Not Bitcoin Creator Satoshi Nakamoto, Court Rules

21 May 2024 at 16:39
For years, Craig Steven Wright, an Australian cryptocurrency enthusiast, claimed to be Satoshi Nakamoto, the mysterious creator of Bitcoin. Then the courts got involved.

Β© Daniel Leal/Agence France-Presse β€” Getty Images

Craig Steven Wright, center, arriving at High Court in London, where he was sued over his claim that he invented Bitcoin under the pseudonym Satoshi Nakamoto.

FTX Customers Poised to Recover All Funds Lost in Collapse

8 May 2024 at 14:25
Bankruptcy lawyers for FTX said customers of the cryptocurrency exchange were set to get all their money back, plus interest.

Β© Marco Bello/Reuters

The announcement was a landmark in the attempt to recover the $8 billion in customer assets that disappeared when FTX imploded.

Behind Nigeria’s Arrest of Binance Employee, Claims of a Bribe Request

A compliance officer for the cryptocurrency exchange told senior executives and Nigerian contacts that the company had been asked to pay $150 million in crypto.

Β© Abraham Achirga/Reuters

Tigran Gambaryan, right, a Binance employee, in a Nigerian courtroom on April 4. He was jailed during a trip to Nigeria in February.

Binance Founder Sentenced to 4 Months in Prison

30 April 2024 at 17:56
Changpeng Zhao, the founder and former chief executive of the Binance cryptocurrency exchange, had pleaded guilty to a money-laundering violation.

Β© Grant Hindsley for The New York Times

Changpeng Zhao, the founder of the Binance cryptocurrency exchange, walking into the federal courthouse in Seattle on Tuesday to face sentencing.

How Pastor Chad Nedohin Helped Turn Trump Media Into a Meme Stock

Chad Nedohin, a part-time pastor, is among the fans of Donald J. Trump who helped turn Trump Media into a meme stock with volatile prices.

Β© Amber Bracken for The New York Times

Chad Nedohin, a podcaster and part-time pastor in Canada, has urged people to invest in Trump Media & Technology Group and hold on to the stock.

Binance Founder Should Get 3 Years in Prison, Prosecutors Say

24 April 2024 at 14:38
Lawyers for Changpeng Zhao, the founder of the crypto exchange Binance, countered that he should receive no prison time.

Β© Ore Huiying for The New York Times

Just 18 months ago, Changpeng Zhao, riding high as Binance’s chief executive, helped set off the chain of events that led to the collapse of FTX, Binance’s largest rival.

How a Crypto Compliance Officer Ended Up in a Nigerian Prison

Tigran Gambaryan, an American compliance official for the giant cryptocurrency exchange Binance, flew to Nigeria in February for a planned two-day business trip. He hasn’t returned.

Β© Abraham Achirga/Reuters

Tigran Gambaryan, an executive for the crypto exchange Binance, talking to lawyers last week as he waits to face prosecution at a court in Abuja, Nigeria.

Countdown Is On for the Bitcoin β€˜Halving’

18 April 2024 at 12:11
Bitcoin aficionados are hoping that a scheduled reduction in the number of new coins going into circulation will cause the price of the cryptocurrency to skyrocket.

Β© Toya Sarno Jordan/Reuters

The reduction in new coins, which takes place periodically, is designed to ensure that the amount of Bitcoin in circulation will never exceed 21 million.

Truth Social Has an Edge as Rival Right-Wing Apps Falter

Donald Trump’s social media platform has outdistanced similar conservative sites such as Parler and Gettr, even as it lags far behind X and others.

Β© John Minchillo/Associated Press

Truth Social enjoys one crucial advantage over other right-wing apps: Donald J. Trump.
❌
❌