New York Financial News
10.05 / 16:03
10.05 / 14:43
Twitter
Target
Digital
Citizens
TikTok
Southern
2020
US Extradites UK Hacker Responsible for 2020 Twitter Breach and Crypto Theft
The United State Department of Justice has announced the extradition of a 23-year-old UK citizen behind the 2020 Twitter hack and other cybercrimes, including the theft of $794,000 in digital assets.
10.05 / 06:07
boost
Record fee earnings boost Apollo profit
Record fee earnings helped Apollo post a first-quarter profit even as gains from asset sales fell steeply.
09.05 / 18:49
regulation
coinbase
insider trading
DOJ
Former Coinbase Manager Sentenced to Two Years in Insider Trading Case
A former Coinbase product manager was sentenced to two years in prison in a one-of-a-kind insider trading case.
09.05 / 16:41
Action
Fed’s John Williams Doesn’t Say Whether More Rate Rises Will Be Needed
A top Federal Reserve official said changes in lending conditions and their potential effects on economic activity and hiring would be a top focus as officials determine whether they have raised rates enough to bring inflation down.
09.05 / 16:27
regulation
Trading
crimes
Prison
Former Coinbase product manager behind insider trading case sentenced to 24 months in prison
A federal judge has sentenced Ishan Wahi, the former product manager at Coinbase Global accused of insider trading, to 24 months in prison.
09.05 / 13:01
Citi
stake
acquires
New York hedge fund acquires stake in Birmingham City FC after ‘complex’ talks
Thomas Wagner’s multi-billion dollar hedge fund Knighthead Capital Management has acquired a significant stake in the English football club Birmingham City FC.
09.05 / 09:13
FTX
Ftx Trial
Fried
Sam
FTX Founder Sam Bankman-Fried Seeks Dismissal of Most Criminal Charges Against Him
The disgraced founder of FTX Sam Bankman-Fried has asked a New York federal judge to dismiss most of the criminal charges brought against him by federal prosecutors.
09.05 / 02:35
regulation
Court
Fried
Sam
FTX founder Sam Bankman-Fried urges court to dismiss charges
FTX founder and former CEO Sam Bankman-Fried (SBF) is seeking to have up to 10 criminal charges against him dismissed in court, arguing for several counts that there has been a failure to state an offense.
08.05 / 14:57
UPS
Kucoin
Digital
Platform
Action
Hallmark
crypto law
New York AG proposes crypto law to take on 'rampant fraud'
James says the crypto sector lacks robust regulations, making it prone to dramatic market fluctuations and a tool to hide and facilitate criminal conduct and fraud. The crypto regulation, protection, transparency, and oversight (CRPTO) Act would require independent public audits of cryptocurrency exchanges and prevent individuals from owning the same companies, such as brokerages and tokens, to stop conflicts of interest.
08.05 / 12:25
05.05 / 21:19
business
lending
Court
Bankruptcy
Celsius
court approval
Eligible Celsius users can withdraw all 'Distributable Custody Assets' following court approval
Crypto lending platform Celsius has reported that certain users will be able to take out 100% of their original funds more than 300 days after the platform froze withdrawals.
05.05 / 19:21
Target
scam
FTX
Customer
Major Media Outlets Seek Release of 9 Million FTX Customer Names Despite Scam Fears – What's Going On?
Major media outlets such as The New York Times, The Financial Times, and Bloomberg have asked the court in FTX’s bankruptcy case to hand over a list containing the names of millions of FTX customers.
05.05 / 16:29
05.05 / 15:35
Government
Law
regulation
New York AG's office seeks additional authority over crypto firms
Letitia James has reportedly proposed legislation that would give the New York Attorney General’s office more authority to regulate the crypto industry.
05.05 / 13:51
Crime
regulation
ATM
FCA
raid
UK Regulator Descends Upon Illegal Crypto ATMs in Latest Raid
The UK’s financial regulator, along with local police, descended upon illegally operated cryptocurrency automatic teller machines (ATMs) as part of a continued crackdown.
05.05 / 01:29
business
Binance
regulation
Court
Bankruptcy
creditors
Voyager creditors could start seeing funds in the ‘next few weeks’
Funds stuck on the platform of bankrupt crypto broker Voyager Digital may begin returning to creditors in "the next few weeks," according to a committee of Voyager creditors.
04.05 / 16:15
network
Celsius Network's Mashinsky Refutes Blame for Crypto Lender's Collapse in Legal Battle – Here's the Latest
Celsius Network co-founder and former CEO Alex Mashinsky has denied any wrongdoing and shrugged off blame for the collapse of the crypto lender.
04.05 / 13:59
Blockchain
Ethereum
Google
MasterCard
Consensus
businesses
regulatory
Consensus 2023: Businesses show interest in Web3, despite US regulatory challenges
Consensus, the annual crypto and blockchain conference, attracted over 15,000 attendees, 220 sponsors and 410 speakers to its 2023 edition in Austin, Texas, despite recent regulatory struggles around cryptocurrency adoption in the United States.
04.05 / 10:05
Adoption
Europe
Asia
UK
Lisbon Leads the Way as the World's Premier Crypto Hub, Outranking New York and Berlin: Report
Portuguese capital takes the top spot among the world's most important crypto hubs - ahead of New York, Berlin, and Paris, according to a report by European crypto investment firm Greenfield.
04.05 / 06:41
business
Law
Bloomberg
Court
Media
Financial Times
The New York Times
Mainstream media renew push for non-US FTX user identities
Four media outlets in the United States have continued efforts to get the identities of non-U.S. FTX customers revealed, filing new objections to a previous motion to seal their identities.
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