A British charity backed by the convicted cryptocurrency fraudster Sam Bankman-Fried is set to wind up operations amid the collapse of FTX. The charity, Effective Ventures UK, which was promoted as an effective altruism organization, faced substantial repercussions following Bankman-Fried’s incarceration. This development raises significant concerns about the impacts of the crypto fraud scandal on the philanthropic sector in the UK. The closure of Effective Ventures UK underscores the far-reaching consequences of fraudulent activities, highlighting the…
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A former takeaway worker, Jian Wen, has been convicted by Southwark Crown Court for engaging in a money…
Uniswap Labs’ co-founder Do Kwon has been released from a jail in Montenegro and is pending extradition to…
The recent retreat in Bitcoin prices has raised concerns among UK investors about the stability of the cryptocurrency…
Amidst the ongoing probe by the US Securities and Exchange Commission (SEC) into the Ethereum Foundation, the digital-asset…
In the wake of the US Securities and Exchange Commission’s probe of the Ethereum Foundation, the global cryptocurrency…
The Bitcoin halving event has spurred the migration of outdated US mining computers to countries with low-cost energy,…
The cryptocurrency market is in a state of recovery, with Bitcoin and Ether leading the charge. After a…
The recent significant purchase of bitcoin by MicroStrategy has significant implications for the UK market. With the company…
The recent slide in bitcoin’s value, dropping more than $10,000 from its all-time high, has sent shockwaves through…
Regulation
The sentencing of Sam Bankman-Fried, the former CEO of FTX, has sent shockwaves through the cryptocurrency world, raising concerns about the regulation and oversight of digital assets in…
The acquisition of claims by a platform built by a former FTX executive for an average of 15 cents on the dollar signals a significant development in the…
South Korean entrepreneur Do Kwon’s pioneering work in the cryptocurrency industry took a dramatic turn as legal issues overshadowed his once-pristine reputation. Kwon’s brainchild, the TerraUSD stablecoin, initially…
In a landmark case that has sent shockwaves through the cryptocurrency world, Jian Wen, an ex-takeaway worker, has been found guilty of money laundering in relation to the…
In a shocking turn of events, amateur rapper Heather Morgan and her husband, Ilya Lichtenstein, have pleaded guilty to attempting to launder stolen Bitcoin. The couple’s elaborate scheme…
Hundreds of individuals in the UK have fallen victim to scams like the ‘Martin Lewis’ Bitcoin crypto scam, ultimately resulting in major financial losses. The latest case saw…
The UK’s announcement of a new crypto policy has sent shockwaves through the digital currency market, particularly Bitcoin. The policy aims to provide regulatory clarity and foster innovation…
British investors in the cryptocurrency world are reeling from the news of Sam Bankman-Fried’s sentencing to 40-50 years in prison for his role in a massive fraud scheme…
Our Picks
The UK Government has announced a full asset freeze against two individuals suspected of providing financial support for Gaza Now – a news agency that promotes the Hamas…
The London Stock Exchange has made a groundbreaking announcement, revealing plans to launch a dedicated market for exchange-traded notes (ETNs) tied to Bitcoin and Ethereum. This move comes…
The UK government has passed new legislation that will enable law enforcement authorities to freeze and seize crypto assets without the need for a criminal conviction. The amendments…
The UK Government has responded to the Treasury Committee’s report on Regulating Crypto, announcing its intention to regulate retail trading in unbacked cryptoassets as a financial service. This…