With Sam Bankman-Fried, the convicted founder of FTX, facing the prospect of spending decades in a federal prison, some are wondering what lies ahead for his former colleagues and co-defendants. Nishad Singh, FTX’s director of engineering, Gary Wang, the exchange’s chief technical officer, and Caroline Ellison, former CEO of FTX sister trading firm Alameda Research, The post Fate of Sam Bankman-Fried’s Co-Defendants Uncertain: Prison Sentences Loom? appeared first on Cryptonews.
The possibility of SEC approval for a spot bitcoin exchange-traded fund (ETF) has generated growing optimism in recent weeks, with some analysts predicting approvals could come within months. Potential legal battles loom if the SEC ultimately rejects any spot Bitcoin ETF applications, however. According to a Wednesday report from JPMorgan analysts led by Nikolaos Panigirtzoglou, The post JPMorgan Warns of Potential Lawsuits if SEC Rejects Spot Bitcoin ETF Applications appeared first on Cryptonews.
The crypto industry faces a fresh wave of skepticism from renowned personalities Jim Cramer and Crypto Capo. While the crypto market is no stranger to volatile swings, the bearish outlook from these financial pundits sends ripples across the crypto community. Crypto Winter Is Not Over Jim Cramer, the ex-hedge fund manager and host of CNBC’s […]