All posts tagged "Digitalassets"

NEW YORK — Disgraced crypto entrepreneur Sam Bankman-Fried pleaded not guilty to a host of new federal charges Thursday. The fallen FTX founder appeared in Manhattan Federal Court after traveling from Palo Alto, California, where he’s under house arrest at his parent’s place on a $250 million bond. Bankman-Fried, 31, pleaded not guilty to charges alleging he bribed Chinese officials $40 million to unfreeze over $1 billion in crypto assets, campaign finance crimes, and multiple securities and commodities fraud charges through his lawyer Mark Cohen. Cohen planned to argue that Bankman-Fried shou......

NEW YORK — New York City Mayor Eric Adams took a supportive if somewhat cryptic tone after New York Gov. Kathy Hochul signed legislation this week limiting some cryptocurrency mining in the state, casting the new law as an acceptable step toward smart tech policy. Adams, a vocal crypto booster, said he maintains his focus on establishing New York as a crypto hub. But he said that goal can be balanced with statewide efforts to curb environmental costs associated with some forms of crypto production. In June, Adams told Crain’s that he intended to ask his ally Hochul to veto the bill. Hochul, a ......