Cryptocurrency surges to new high after Paul Atkins is nominated to head the Securities and Exchange Commission.
Mashinsky was one of several crypto moguls charged with fraud after a slump in prices in 2022 caused firms to collapse.
World’s popular digital currency rises as high as $99,073 on expectations Trump will ease legal and regulatory hurdles.
US President-elect Donald Trump had said he would remove Gary Gensler as Securities and Exchange Commission chair.
Is record-high surge of cryptocurrencies due to expectation that Trump administration will be crypto-friendly?
The world’s most popular cryptocurrency has gained more than 30 percent since the US presidential election.
Singh had testified as a prosecution witness in the trial that led to FTX founder Sam Bankman-Fried’s conviction.
The former CEO of Alameda Research served as a key prosecution witness against FTX founder Sam Bankman-Fried.
The repayment order implements a settlement between the CFTC and the bankrupt crypto exchange.
Ryan Salame pled guilty to tens of millions of dollars in unlawful campaign donations for causes supported by his boss.
US said he looked away from transactions that supported child sex abuse, the illegal drug trade and ‘terrorism’.
Bankman-Fried faces steep odds in bid to overturn conviction stemming from the collapse of his cryptocurrency exchange.
Bankman-Fried, 32, sentenced for fraud on customers of the FTX cryptocurrency exchange he founded.
The 32-year-old faces up to 50 years behind bars for illegally using money from FTX depositors to cover his expenses.
