FTX collapsed in November 2022. The lawyers said that the jury found SBF stole no less than $8 billion from FTX customers. Bankman-Fried, who was also ordered to forfeit $11 billion, plans to appeal his sentence and conviction. “If not for SBF’s crimes for which he was convicted—i.e., the theft and misuse of customer assets—the customers would have today owned their crypto investments,” the filing said.
Key TakeawaysTether’s QVAC unit open-sourced a 460-million-parameter vision model on July 29, 2026.The model beat Liquid AI and Hugging Face...
Pro-crypto Senator Cynthia Lummis on Wednesday slammed Democrats for holding back the Clarity Act. Speaking on the Senate floor, Senator...
Crypto investment firm Digital Currency Group is the latest big name to throw its weight behind the Clarity Act. In...
In crypto stocks news, Ionic Digital, the Bitcoin miner and AI infrastructure company that emerged from the wreckage of Celsius...
Key TakeawaysKospi and Kosdaq triggered circuit breakers on Wednesday, Korea’s first-ever back-to-back halt.SK Hynix fell sharply despite reporting a 557%...
