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FinTech

Ripple CEO says SEC has lost sight of mission to protect investors

by Adrian Jhonsan
Ripple CEO says SEC has lost sight of mission to protect investors

Brad Garlinghouse, chief executive officer of Ripple Labs Inc., speaks during the Token2049 conference in Singapore, on Wednesday, Sept. 13, 2023. Joseph Nair | Bloomberg | Getty Images The CEO …

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SEC’s Gensler says rebooted FTX is possible if done ‘within the law’

by Milton Acorn
SEC’s Gensler says rebooted FTX is possible if done ‘within the law’

SEC Chair Gary Gensler mocks putting a gun to his head in response to a “Blazing Saddles” reference by Rep. Emanuel Cleaver, D-Mo., during the House Financial Services Committee hearing …

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Categories Science

HSBC to launch custody services for tokenized securities

by Adrian Jhonsan
HSBC to launch custody services for tokenized securities

HSBC is the largest bank in Europe by total assets. Nicolas Economou | Nurphoto | Getty Images HSBC on Wednesday announced it will offer custody services for tokenized securities, making …

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Categories World

Three hours were all the jury needed to convict Sam Bankman-Fried

by Milton Acorn
Three hours were all the jury needed to convict Sam Bankman-Fried

Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, arrives on the day of a hearing at Manhattan federal court in …

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Categories Science

Inside the courtroom when Sam Bankman-Fried found out he was guilty

by Ev Richard
Inside the courtroom when Sam Bankman-Fried found out he was guilty

Sam Bankman-Fried stands as forewoman reads the verdict to the court. Artist: Elizabeth Williams Just before 8 p.m. on Thursday, 12 jurors found Sam Bankman-Fried guilty of all seven counts …

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Categories Technology

Could be 100-plus years, or mere decades

by Ev Richard
Could be 100-plus years, or mere decades

A jury of twelve found FTX founder Sam Bankman-Fried guilty of all seven criminal charges brought against him. The question of how long he’ll remain in prison, however, is one …

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Categories Technology

Wefox raises another $55 million from Deutsche Bank and Unicredit

by Ev Richard
Wefox raises another  million from Deutsche Bank and Unicredit

Wefox CEO Julian Teicke. Wefox Wefox, the $4.5 billion German insurance technology group, has raised $55 million of fresh funding from Deutsche Bank and UniCredit, two anonymous sources familiar with …

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Categories Technology

Sam Bankman-Fried found guilty on all seven criminal fraud counts

by Ev Richard
Sam Bankman-Fried found guilty on all seven criminal fraud counts

A jury has found Sam Bankman-Fried guilty of all seven criminal counts against him. The former FTX CEO faces a maximum sentence of 115 years in prison. Bankman-Fried, the 31-year …

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Categories Technology

Jurors in Sam Bankman-Fried criminal trial begin deliberations

by Adrian Jhonsan
Jurors in Sam Bankman-Fried criminal trial begin deliberations

Indicted FTX founder Sam Bankman-Fried arrives at the U.S. Courthouse in New York City, July 26, 2023. Amr Alfiky | Reuters Twelve jurors in a lower Manhattan courtroom have begun …

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Categories World

Block (SQ) earnings report, Q3 2023

by Adrian Jhonsan
Block (SQ) earnings report, Q3 2023

Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square arrives on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention …

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