Cryptocurrency

Cryptocurrency
Sam Bankman-Fried Arrested in Bahamas and Faces Extradition to US 
December 12, 2022

FTX founder Sam Bankman-Fried has been arrested in the Bahamas.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Cryptocurrency
Coinbase Says Law Enforcement Requests Up 66% From Last Year
December 12, 2022

Cryptocurrency exchange Coinbase is fielding more information requests from government agencies and law enforcement.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Cryptocurrency
FTX Bankruptcy CEO Says Record-Keeping Had Been ‘Near-Zero’
December 12, 2022

The CEO of FTX said the firm’s corporate infrastructure and record-keeping had been “near-zero.”  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Cryptocurrency
Binance Audit Raises Red Flags From Own Team
December 12, 2022

Consumers are hungry for reassurance as fear, uncertainty and doubt pollute the crypto landscape. At the same time, the crypto industry is equally eager to shore-up user confidence via a mix of stability, trust, and regulation surrounding internal reporting and controls, among other things. Get...

Cryptocurrency
Jewel Bank Launches Stablecoin-Based Payment Services
December 12, 2022

Jewel Bank has launched stablecoin-based payment services backed by bank deposits.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Cryptocurrency
Chinese Police Break up Crypto-Using Money Laundering Group
December 12, 2022

Chinese police have reportedly broken up a money-laundering group that used cryptocurrency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Cryptocurrency
SBF Wants to Launch New Venture to Repay FTX Investors
December 12, 2022

Sam Bankman-Fried still thinks he can turn things around. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

Cryptocurrency
Report: Legal Bills Will Likely Wipe Out SBF’s Parents
December 12, 2022

Among those facing financial ruin from the FTX collapse: the parents of the company’s founder. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Cryptocurrency
Expect a Tale of Two CEOs at Dec. 13 FTX Hearing or Not
December 12, 2022

It’s a short witness list for the House Financial Services Committee’s FTX hearing Tuesday (Dec. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...