Sam Bankman-Fried Convicted, PayPal Faces SEC Subpoena, and Other News: Hodler’s Digest, Oct. 19 – Nov. 4
[ad_1]
Sam Bankman-Fried Found Guilty of Fraud, Other Crimes; PayPal Receives Subpoena from the U.S. SEC, and Invesco Galaxy’s Spot Bitcoin ETF Joins DTCC Website.
[ad_2]
Source Link
Sam Bankman-Fried Convicted of Fraud and Other Crimes
Sam Bankman-Fried, the prominent crypto entrepreneur and founder of cryptocurrency exchange FTX, has been convicted of fraud and other crimes. The verdict was delivered following a lengthy investigation and trial conducted by law enforcement agencies.
The charges against Bankman-Fried included fraud, money laundering, and market manipulation. He was found guilty of using illegal tactics to manipulate the market and deceive investors, resulting in substantial financial losses for many individuals.
PayPal Faces SEC Subpoena
Payment giant PayPal is now under investigation by the U.S. Securities and Exchange Commission (SEC) after receiving a subpoena. The SEC is looking into potential violations of securities laws and regulations.
The investigation revolves around PayPal’s handling of certain financial transactions and its compliance with regulatory requirements. The outcome of the investigation could have significant implications for PayPal’s operations and reputation in the financial industry.
Invesco Galaxy’s Spot Bitcoin ETF Joins DTCC Website
In a significant development for the cryptocurrency industry, Invesco Galaxy’s spot Bitcoin ETF has been added to the Depository Trust & Clearing Corporation (DTCC) website. This move demonstrates the growing acceptance and integration of cryptocurrencies into traditional financial systems.
The addition of Invesco Galaxy’s ETF to the DTCC website provides investors with easier access to invest in Bitcoin through a regulated and secure platform. It also enhances the overall legitimacy and recognition of cryptocurrencies in the eyes of institutional investors.
Editor Notes: Uber Crypto News
If you’re interested in staying up-to-date with the latest news and developments in the crypto world, **Uber Crypto News** is a fantastic resource. It offers comprehensive coverage of the cryptocurrency market, including insights, analysis, and breaking news.
Whether you’re a seasoned crypto investor or just starting to explore the world of cryptocurrencies, **Uber Crypto News** provides valuable information that can help you make informed decisions and navigate the dynamic and ever-changing crypto landscape.
Check out **Uber Crypto News** today and empower yourself with the knowledge you need to navigate the world of cryptocurrencies.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered financial or investment advice. The author is not affiliated with or endorsed by **Uber Crypto News**.
Comments are closed, but trackbacks and pingbacks are open.