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.
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.
For years, Craig Steven Wright, an Australian cryptocurrency enthusiast, claimed to be Satoshi Nakamoto, the mysterious creator of Bitcoin. Then the courts got involved.
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.
An investigation identified national security risks posed by a crypto facility in Wyoming. It is near an Air Force base and a data center doing work for the Pentagon.
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.
Since pleading guilty to violating money-laundering rules, Changpeng Zhao, who ran the giant crypto exchange Binance, has networked across the United States to set up his next act.
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.
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.
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.
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.
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.
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