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The Latest Breaking News on Crypto

New FTX boss says bankrupt crypto exchange could restart: Report

CEO John Ray has set up a task force to explore restarting FTX.com, its main international exchange, WSJ reports.

Al Jazeera

Dragons' Den star Steven Bartlett launches $100m fund to find Europe's next $1bn unicorn

The fund will be targeting individual investments between $1m-$10m in companies in six categories

Birmingham Post

Three ex-lawyers among five men jailed for money laundering

The case was triggered by a Law Society investigation into the Paisley legal firm

Insider UK

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Regional exemptions on the cards for NSW government’s cashless gaming scheme

Transition period that excludes non-metropolitan pokies being considered after concerns raised by Nationals

The Guardian - AU

Cryptocurrency news - live: Genesis to file for bankruptcy amid ‘major’ US crypto move

Department of Justice officials say they will reveal the news at 12pm in Washington DC

The Independent UK

The clowns of cryptoland haven’t given up

Making money out of failure is morally bankrupt

Financial Times

Crypto exchange Bitzlato’s founder arrested in $700 million laundering scheme

A Russian was charged with money laundering through a cryptocurrency exchange that allegedly masked the proceeds of illegal gambling and drug deals valued at more than $700 million, as the US goes after criminal suspects in the digital space.

The Times of India

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Harrison man arrested for alleged scam that saw woman $70k poorer

Police believe the incident could be part of global crime syndicate.

The Canberra Times

US arrests Russian crypto boss who ‘catered to known crooks’

Justice dept says Anatoly Legkodymov operated the Hong Kong-registered Bitzlato exchange as a money laundering haven.

Al Jazeera

Have celebs learned their lesson from the FTX debacle?

Strolling out of a football stadium, Tom Brady makes his pitch for the crypto trading platform FTX.

Los Angeles Times

Justice Dept. charges Russian founder of cryptocurrency firm

A Russian national who founded a cryptocurrency exchange the Justice Department says evaded U.S. regulations and became a haven for proceeds of criminal activity has been arrested

The Independent UK

4 Pharma Stocks You Shouldn’t Think Twice About Buying in 2023

Pharma sector usually performs relatively well amid market turmoil due to the inelastic demand for its offerings. Moreover, increased technological advancements should boost the industry’s growth. Hence, pharma stocks Eli Lilly (LLY), AstraZeneca (AZN), Zoetis (ZTS), and Teva Pharmaceutical (TEVA) might be worth buying in 2023. Read more.

StockNews.com

Cryptocurrency news – live: Genesis to file for bankruptcy amid ‘major’ US crypto move

Bitcoin prices took a dive ahead of the DoJ announcement

The Independent UK

Tech & Science Daily podcast: Breast cancer research breakthrough

Plus! World’s biggest plane + social media’s ‘opaque’ code

Evening Standard

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Bangkok Post

Malaysian 'swindler' faces extradition

The Criminal Court on Wednesday approved the extradition of a Malaysian businessman to China where he is wanted for operating a pyramid scheme and swindling people out of money.

The Guardian - UK

The Problem of Democracy by Shadi Hamid review – democracy and its discontents

Should US foreign policy demand liberalism, as well as free elections?

WEKU

3 events that will determine the fate of cryptocurrencies

Cryptocurrencies are reeling after a miserable year that saw the collapse of companies such as FTX. A look at what lies ahead.

ABC News

Macau's top gambling boss Alvin Chau sentenced to 18 years in prison over illegal syndicate

The founder of Macau's once-biggest casino junket organiser, who was banned from entering Australia, is sentenced to 18 years in jail and ordered to pay back over $1 billion.

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Wales Online

Tonybet fined for not following anti-money laundering rules

The Gambling Commission said it highlighted how it would take action against businesses who fail to be open with customers

The Independent UK

TonyBet fined £442,750 and warned on failure to have fair and transparent terms

Unfair terms published on TonyBet’s website potentially hampered customers receiving their winnings, the Gambling Commission said.

AAP

No bail for man accused of worldwide scam

A man who allegedly played a role in extracting tens of millions from unsuspecting victims of a scam has been refused bail over concerns he could flee overseas.

The Times of India

Bitcoin flirts with longest winning streak in nearly a decade

Bitcoin is starting the year on a strong note, seemingly shaking off any negative sentiment it was mired in last year and on the verge of its longest winning streak in nearly a decade.

Tribune News Service

Bankman-Fried again claims FTX US crypto exchange was solvent

Sam Bankman-Fried, the fallen crypto entrepreneur who faces trial in the United States on fraud charges, reiterated his claim that the FTX US crypto exchange “was and is solvent.”

The Independent UK

Macao jails Suncity founder 18 years over illegal gambling

The founder of Macao’s once-biggest casino junket organizer has been sentenced to 18 years in jail after being convicted of operating illegal gaming activities, running a criminal organization and other charges

Daily Mirror

Bitcoin scam gang made so much money they handed out £5k gift cards in the street

The four-person criminal gang at the centre of the £22m conspiracy worked with ringleader James Parker, operating from his Blackpool home, and even bought cars for strangers they met in the pub

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