In a gripping courtroom session on Wednesday, Assistant U.S. Attorney Nicolas Roos presented his closing arguments in the high-profile trial of the co-founder of crypto change FTX, Sam Bankman-Fried, in…
Web3 wallet company Backpack received a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA) for Backpack Exchange, which will provide crypto exchange services in Dubai. What Happened? Backpack…
Sam Bankman-Fried, the face behind crypto giants FTX and Alameda Research, acknowledged his awareness of the potential risks tied to the controversial decision to use the former’s funds to repay…