Exchanges

Changpeng Zhao, the co-founder of the world-renowned cryptocurrency exchange Binance, is nearing the end of his legal journey within the U.S. penal system, with a release date projected for September 29. Serving a four-month sentence, Zhao has recently been transferred to the Long Beach Residential Reentry Management (RRM) facility in California, typically a precursor to
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The downfall of crypto mogul Sam Bankman-Fried (SBF), co-founder of the now-defunct exchange FTX, signifies one of the most dramatic narratives in the crypto sector. Following his conviction for fraud and conspiracy stemming from the monumental collapse of FTX, Sam Bankman-Fried is seeking to overturn a 25-year prison sentence. His appeal, launched on September 13
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Ryan Salame, a former executive at the now-defunct cryptocurrency exchange FTX, has found himself embroiled in a web of legal troubles that have raised serious questions about his integrity and the judicial process. The situation escalated significantly after he admitted to providing false statements during a guilty plea hearing concerning campaign finance violations and money-transmitting
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In light of the recent hack that targeted WazirX’s systems, Grant Thornton, a leading global auditor, conducted a thorough review of Liminal’s infrastructure to assess any potential vulnerabilities. The audit found no evidence of compromise in Liminal’s frontend, backend, or user interface, providing reassurance that the platform’s self-custody wallet services remained secure throughout the incident.
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In a recent development, a Nigerian court has decided to postpone the decision on the bail application for the detained Binance executive, Tigran Gambaryan, until October 9th. This decision came after arguments from both Gambaryan’s lawyer, Mark Mordi, and the prosecuting counsel, Ekele Iheanacho were heard by Judge Emeka Nwite on September 4th. The bail
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