Cryptocurrency News

[Sushubh]

Sam Bankman-Fried Sentenced to 25 Years in Prison for Cryptocurrency Fraud

Sam Bankman-Fried, the disgraced founder of the failed FTX cryptocurrency exchange, was sentenced to 25 years in prison by a federal judge.

variety.com

 

[Jonas]

How Sam Bankman-Fried’s ex-girlfriend helped topple the crypto king

Sam Bankman-Fried is staring down 25 years behind bars after he was convicted on all charges at his fraud trial. His former girlfriend – and accomplice – Caroline Ellison played a key role in bringing him down. Martha McHardy reports

www.independent.co.uk

Yet to face charges, so she cut a deal.

 

[Sushubh]

He Emptied an Entire Crypto Exchange Onto a Thumb Drive. Then He Disappeared

Faruk Özer just started a 11,196-year prison sentence. Did he almost get away with the biggest heist in Turkey’s history, or was it all just a big misunderstanding?

www.wired.com

11196 years.

 

[Sushubh]

Inside the 'Nightmare' Health Crisis of a Texas Bitcoin Town

A Bitcoin mine moved to a small town in Texas. One by one, the residents fell ill.

time.com

 

[Sushubh]

North-Korea Behind WazirX's $230M Hack, Says Elliptic as SHIB, WRX Tumble

 

[Sushubh]

WazirX halts trading after $230 million 'force majeure' loss | TechCrunch

WazirX, one of India's largest cryptocurrency exchanges, has "temporarily" suspended all trading activities on its platform days after losing about $230 WazirX has suspended all trading activities on its platform days after losing $230 million in a security breach.

techcrunch.com

 

[Sushubh]

WazirX to 'socialize' $230 million security breach loss among customers | TechCrunch

Indian cryptocurrency exchange WazirX announced on Saturday a controversial plan to "socialize" the $230 million loss from its recent security breach WazirX,a leading cryptocurrency exchange, plans to "socialize" the $230 million loss among all its customers.

techcrunch.com

 

[Sushubh]

https://www.theblock.co/post/310245/wazirx-to-undo-all-trades-following-230-million-hack-related-withdrawal-freeze

 

[Sushubh]

Putin signs law on legalizing cryptocurrency mining in Russia

Only Russian legal entities and individual entrepreneurs included in a register will have the right to mine

tass.com

 

[Sushubh]

An Airbnb host had to ban crypto mining after guests racked up a $1,500 electric bill | Business Insider India

Airbnb host Ashley Class got a shockingly high utility bill, then looked back at footage that captured the guests hauling computers into the home.

www.businessinsider.in