Singapore Flags Digital Payment Tokens as AML High-Risk
Singapore has released its updated National Risk Assessment (NRA) on Money Laundering (ML), revealing significant threats within the Anti-Money Laundering (AML) framework. The report underscores...
Ex-FTX Exec Gets 7.5 Years After Guilty Plea
Ryan Salame, the former co-CEO of FTX Digital Markets, has been sentenced to seven and a half years in prison. This decision came after Salame...
Ex-FTX Exec Salame Requests 18-Month Sentence
Attorneys for Ryan Salame, the former co-CEO of FTX Digital Markets, have called for a lenient prison sentence not exceeding 18 months. On May 14,...
Tornado Cash Developer Convicted for Laundering Money
Alexey Pertsev, the creator of the popular cryptocurrency mixing protocol Tornado Cash, has been found guilty of money laundering. This verdict has raised concerns about...
X Introduces AI-Curated Advertiser Audiences
The business account of the social media platform formerly known as Twitter, now called 'X,' has announced a new feature for advertisers that utilizes artificial...
Emotion-Expressing Avatars: Nvidia-Backed AI Startup Releases Innovative Technology
Synthesia, an AI startup backed by Nvidia, has unveiled a new upgrade that enables AI avatars to express human emotions and movements. The company, on...
Changpeng Zhao and ‘crypto-anarchist’ Jim Bell: Potential Cellmates?
Former Binance CEO Changpeng "CZ" Zhao is asking a federal judge to sentence him to probation after admitting to breaking money laundering laws. His legal...
Suspension of FTX Europe License Extended to September by Cyprus
The story of the collapsed cryptocurrency exchange FTX is slowly coming to an end, but some parts of the former FTX empire are still facing...
$9.6B Lawsuit: Former Ethereum Adviser vs. US Gov’t
Steven Nerayoff, an early adviser to the Ethereum network, has taken legal action against the United States government, alleging false charges and mistreatment by federal...
The Fate of Sam Bankman-Fried: 25 Years in Perspective
Former FTX CEO Sam "SBF" Bankman-Fried has been sentenced to 25 years in prison for multiple felony convictions. The judge, Lewis Kaplan, criticized Bankman-Fried before...