Terrence Yang News Today

A federal court in Seattle delivered Changpeng Zhao's sentence for violating money laundering laws

Prosecutors said 36 months would be an appropriate term given the Binance founder's "willful violation of U.S. law and its consequences."

The sentence capped an incredible fall for the young financier known as SBF, who was once the poster boy for the emerging crypto industry

On March 28, Judge Lewis Kaplan sentenced former FTX CEO Sam Bankman-Fried to 300 months in prison, a term many considered not long enough given his crimes.

Investors were initially curious about Spot Ethereum (CRYPTO: ETH) Exchange Traded Funds (ETFs).

Experts say the coin likely has no long-term value, but it could prove lucrative for professional traders who can quickly flip it.

Almost exactly a year since FTX collapsed, its founder and former CEO was found guilty on multiple counts of fraud. While this verdict was expected by many, what does it mean for the future of the cryptocurrency markets and more importantly retail investors putting their money in them?

The prospect of FTX's return to the competitive exchange landscape is being keenly watched by stakeholders, reflecting on its meteoric rise, groundbreaking approach, and tumultuous fall.

Tuesday's decision by a federal appeals court does not guarantee that investors will be able to freely trade a bitcoin ETF anytime soon.

In the dynamic world of digital assets, regulatory bodies are in a continuous race to keep up.