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FTX co-founder Gary Wang avoids prison time for role in crypto fraud

Gary Wang, co-founder and ex-technology chief of FTX, was sentenced Wednesday to time served and three years of supervised release on each of the four counts he pled guilty to, becoming the fifth and final ex-employee of the collapsed crypto exchange to be pu…

2024-11-20 15:57:02

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Crypto Entrepreneur Eats $6 Million Banana on Stage

Crypto entrepreneur Justin Sun consumed Maurizio Cattelan's "Comedian" artwork -- a banana taped to a wall -- during an event in Hong Kong on Friday, declaring "the real value is the concept itself." Sun, founder of cryptocurrency platform Tron, purchased the…

2024-11-29 13:23:00

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US charges five accused of multi-year hacking spree targeting tech and crypto giants

The U.S. government announced charges against five individuals accused of carrying out a multi-year hacking spree targeting tech giants and cryptocurrency owners, which security researchers dubbed 0ktapus. On Wednesday, the U.S. Department of Justice publishe…

2024-11-20 19:36:13

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