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  • Sam Bankman-Fried Will Move From New York Jail to California

    Sam Bankman-Fried Will Move From New York Jail to California

    Sam Bankman-Fried, or SBF, the disgraced cryptocurrency executive who was sentenced to 25 years in prison for fraud, will be transferred from Brooklyn, New York, to Mendota, California, against his wishes, the Wall Street Journal reports. SBF was planning to stay in New York while helping to prepare his appeal, but now, according to the…


  • Binance Founder Changpeng ‘CZ’ Zhao Sentenced to 4 Months in Prison

    Binance Founder Changpeng ‘CZ’ Zhao Sentenced to 4 Months in Prison

    Binance founder and former CEO Changpeng “CZ” Zhao was sentenced to four months in federal prison on Tuesday, first reported by the Associated Press. Zhao pleaded guilty to money laundering violations as part of Binance’s agreement with the United States Department of Justice, allowing the company to settle legal troubles and continue operating under a…


  • Wait, Is Bitcoin Going to Die?

    Wait, Is Bitcoin Going to Die?

    The price of Bitcoin crashed nearly 10% on Wednesday, falling from $US45,000 to below $US41,000 in mere hours, hurting crypto’s best bull run in a year. But what, or who, could have been the culprit behind the crash? The day before, CNBC’s host of Mad Money, Jim Cramer, directed his powerful investing advice towards Bitcoin.…