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President Donald Trump on Thursday said that he has decided not to grant clemency to Sam Bankman-Fried, the former chief executive of bankrupt cryptocurrency exchange FTX who is serving a 25-year federal sentence for fraud and conspiracy. The denial of pardon closes speculation that political interv

A new class of crypto-native financial platforms is moving beyond wallets and into full-fledged banking territory, as onchain neobanks begin processing real consumer spending, generating recurring revenue, and attracting millions of users without relying on centralized custody. Data emerging from la

Former FTX US president Brett Harrison announced Monday his company Architect Financial Technologies raised $35 million in Series A funding. The round was led by Miami International Holdings and Tioga Capital. Participants included Galaxy Ventures, ARK Invest, VanEck, Trumid, Geneva Trading, and con

The U.S. Securities and Exchange Commission said it has submitted proposed final consent judgments against Caroline Ellison, Gary Wang, and Nishad Singh, three key former lieutenants of Sam Bankman-Fried, seeking permanent antifraud injunctions and long-term leadership bans tied to the collapse of F

Caroline Ellison, former chief executive of Alameda Research and a central witness in the U.S. government’s case against FTX founder Sam Bankman-Fried, has been transferred out of federal prison just 11 months into her two-year sentence, according to new information confirmed by the Federal Bureau o