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Author: Crypto Breaking News

U.S. Governments Legal Precedents Dont Support Lengthy Prison Term, Bankman-Frieds Defense Argues

Sam Bankman-Fried’s lawyers have pushed back against the U.S. government’s sentencing memo which makes the case for why it thinks the former FTX CEO should be handed a sentence in the range of 40-50 years, a court filing on Wednesday shows.Source: CoinDesk

The post U.S. Government’s Legal Precedents Don’t Support Lengthy Prison Term, Bankman-Fried’s Defense Argues appeared first on Crypto Breaking News.

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DOJs Proposed 50-Year Sentence for Sam Bankman-Fried Disturbing, FTX Founders Lawyers Say

Author: Crypto Breaking News

United Kingdom

Source: Crypto Breaking News

Mar 20, 2024 05:50

DOJs Proposed 50-Year Sentence for Sam Bankman-Fried Disturbing, FTX Founders Lawyers Say

Sam Bankman-Fried’s defense team pushed back against what it called the “disturbing” sentencing memorandum filed by the Department of Justice last week in a new letter, saying the DOJ was making the FTX founder out to be someone he was not.Source: CoinDesk

The post DOJ’s Proposed 50-Year Sentence for Sam Bankman-Fried ‘Disturbing,’ FTX Founder’s Lawyers Say appeared first on Crypto Breaking News.

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Ether.fi $210M Airdrop Sparks Market Turbulence, ETHFI Value Drops By 35%

Author: Crypto Breaking News

United Kingdom

Source: Crypto Breaking News

Mar 19, 2024 05:50

Ether.fi $210M Airdrop Sparks Market Turbulence, ETHFI Value Drops By 35%

ETHFI, the governance token of the decentralized liquid staking protocol Ether.fi, debuted for $4.13 following its distribution through its airdrop on March 18. However, since the $210 million airdrop, the value of ETHFI has experienced a significant decline, plummeting over 35% to its current trading price of $3.05, according to CoinGecko data. ETHFI Airdrop Attracts [...]

The post Ether.fi $210M Airdrop Sparks Market Turbulence, ETHFI Value Drops By 35% appeared first on Crypto Breaking News.

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Starknet Trading Debut Sees Initial Excitement Fade As STRK Plummets Over 50%

Author: Crypto Breaking News

United Kingdom

Source: Crypto Breaking News

Feb 21, 2024 05:50

Starknet Trading Debut Sees Initial Excitement Fade As STRK Plummets Over 50%

In a highly anticipated move, Starknet (STRK), an Ethereum (ETH) roll-up protocol, commenced trading on prominent cryptocurrency exchanges including Binance, Bybit, Bitfinex, and OKX on Tuesday. The tokens launch was accompanied by an airdrop, distributing a staggering 728 million tokens to over one million addresses, making it one of the largest airdrops of the year. [...]

The post Starknet Trading Debut Sees Initial Excitement Fade As STRK Plummets Over 50% appeared first on Crypto Breaking News.

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