Sam Bankman-Fried

The Blockchain Is Not Forever? Controversy Over Missing Ledgers On XRPL Draws Ripple’s CTO Attention

The Blockchain Is Not Forever? Controversy Over Missing Ledgers On XRPL Draws Ripple’s CTO Attention

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A long-standing issue concerning the XRP Ledger (XRPL) and Ripple has resurfaced, challenging the widely held belief that blockchain records are permanent and immutable. New attention is being drawn to the early days of the XRPL, where the first 32,569 ledgers were […]

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Indicted Crypto Founder Seeks Pardon From US President Trump

Indicted Crypto Founder Seeks Pardon From US President Trump

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to the latest report, Anatoly Legkodymov, co-founder of crypto platform Bitzlato, has officially requested a pardon from United States President Donald Trump. Legkodymov, a Russian national, was arrested and charged with operating an unlicensed money transmitting business through his cryptocurrency platform,

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FTX Recovery Trust Begins B Second Payout to Creditors

FTX Recovery Trust Begins $5B Second Payout to Creditors

Key Takeaways: FTX Recovery Trust began a $5B second payout to eligible creditors on May 30. Creditors will receive up to 72% payouts, with payments processed via Kraken and BitGo. Distributions could trigger short-term crypto market volatility as recovered funds enter circulation. The FTX Recovery Trust has launched a second wave of payments to creditors,

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Early Freedom: FTX’s Sam Bankman-Fried’s Sentence Reduced By Over 4 Years

Early Freedom: FTX’s Sam Bankman-Fried’s Sentence Reduced By Over 4 Years

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Sam Bankman-Fried, the founder of the defunct cryptocurrency exchange FTX, has been sentenced to 25 years in prison following his conviction on seven counts of fraud and conspiracy. However, this sentence could be significantly reduced, according to Monday reports.  How FTX Founder’s

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