Regulation
Sentencing guidelines call for criminals receiving longer than a 20-year sentence to serve in either a high-security or medium-security facility, but experts say there’s a good chance SBF will avoid those unpleasant scenarios even if he gets a lengthy sentence.
One of the biggest fraudsters in history is about to face the consequences of his incredibly poor decisions.
Business
The court’s rejection of Coinbase’s motion sets the stage for a prolonged legal battle in which the legal status of up to 12 tokens will be addressed.
A new product from self-custody provider Casa aims to simplify the inheritance process for crypto holders in the event they pass away by utilizing a multisig security model.
“We’re excited to continue to move our business onchain and we hope other companies will follow our lead,” said Coinbase’s head of consumer product Max Branzburg.
DeFi
The NFT game on the Blast network said it was a Munchables developer that was responsible for the hack.
After a series of court setbacks and in need of a public victory, the SEC is pursuing a massive penalty against Ripple in order to “deter” future offenders.
Users have withdrawn a substantial amount of crypto assets from KuCoin since U.S. federal prosecutors announced their charges against the crypto exchange and its founders on Tuesday.
Bitcoin
A collection of whale and shark wallets acquired 51,959 BTC on a single day, blockchain analysts noted as bitcoin’s price rebounded to $71,000 last on March 25.
The FTX bankruptcy estate has reached a deal to sell two-thirds of its stake in AI startup Anthropic for more than twice the value Sam Bankman-Fried acquired the shares for in 2021.