Category: crypto

Former FTX chief Sam Bankman-Fried has filed a pro se motion for a new trial in his federal fraud case, alleging that key witness testimony was missing from his trial. Bankman-Fried is currently serving a 25-year sentence related to the collapse of the cryptocurrency exchange FTX. The motion was submitted by his mother.

White House meeting on stablecoin yield and rewards did not result in a deal, but was seen as more productive than previous talks. Banks presented “prohibition principles” with limited flexibility on stablecoin rewards. Talks focused on permissible activities for crypto firms. Deadline for an agreement set for March 1.

Former SafeMoon CEO Braden Karony has been sentenced to 100 months in prison for stealing millions from customers for personal gain. Along with forfeiting $7.5 million and properties, he must pay restitution for damages caused. Karony and his associates orchestrated a major fraud, defrauding over a million investors with the SafeMoon token.

Robinhood has launched a public testnet for its Ethereum layer-2 network, Robinhood Chain, built using Arbitrum’s technology stack. The mainnet launch is scheduled for later this year, with plans for the Robinhood Wallet. The network aims to provide a seamless customer experience and is following competitors like Coinbase and Kraken.

Bitcoin wallet linked to ransom demand in the disappearance of Nancy Guthrie, mother of NBC Today co-anchor Savannah Guthrie, shows new activity. FBI investigating as likely abduction. No details on transaction disclosed. Global surge in cryptocurrency-linked kidnappings noted. Investigation ongoing. Other cases in France and Spain highlight risks for digital asset holders.

A key figure in a global cryptocurrency investment scam has been sentenced to 20 years in prison by a U.S. federal court. The scam defrauded victims of over $73 million through fake trading platforms and online deception. The mastermind, Daren Li, fled U.S. supervision and was sentenced in absentia. Authorities are working to locate and…

Fintech trade groups are urging the Federal Reserve to implement the Payment Account prototype, granting non-bank financial firms direct access to core payment systems. The move aims to improve competition and innovation in payments, but bank industry groups raise concerns about financial stability risks and unregulated activity outside of traditional supervision.

The Ethereum Foundation is sponsoring a security engineer from the Security Alliance (SEAL) to combat crypto drainers targeting Ethereum users. Drainer-related thefts have fallen to $84 million in 2025. SEAL aims to neutralize these threats through a comprehensive security dashboard. Other ecosystems can explore similar sponsorship models for user protection.

South Korea’s FSS is investigating Bithumb after a $43 billion Bitcoin error where users were mistakenly credited with excessive amounts of Bitcoin. The mistake was due to an internal error during a promotional event. Regulators are looking into Bithumb’s controls and potential violations, with penalties possible. The FSS is examining how Bithumb was able to…

Ethereum co-founder Vitalik Buterin sparks discussion on the relationship between Ethereum, artificial intelligence, and ambitious technological goals in a recent post on X. Buterin outlines key intersection areas, signaling a focus on long-term impact. He suggests Ethereum as an economic layer for AI and highlights the potential for AI-assisted onchain verification.