🔔 Crypto News:
- It’s been nearly two years since FTX and Alameda Research collapsed, sparking market turmoil, regulatory crackdowns, and criminal charges.
- Former FTX CEO Sam “SBF” Bankman-Fried faces 25 years in prison but has appealed. He’s in the Brooklyn Detention Center.
- Former FTX CEO Ryan Salame was sentenced to 90 months in prison for conspiracy to operate an unlicensed cryptocurrency business and wire fraud. He could face trial if his appeal is accepted.
- Gary Wang and Nishad Singh, former FTX CTOs, have pleaded guilty and could receive lighter sentences for cooperating with authorities. Singh’s trial is scheduled for October 30, Wang’s for November 20.
- Former Alameda CEO Caroline Ellison has pleaded guilty but has not yet been scheduled for trial. Her whereabouts are unknown.
💬 What do you think about these developments? Share your opinion!#CryptoNews#BTC #Blockchain