The Latest Breaking News from Crypto

Roman Storm, the co-founder of embattled Tornado Cash, has filed to dismiss an indictment against him that alleged the open-source crypto tool was used to launder over $1 billion in "criminal proceeds" for North Korean hacking group Lazarus.

All incoming Snaps will be manually reviewed, and their developers doxxed, Canonical says

Sam Bankman-Fried has been slapped with a 25-year sentence for defrauding numerous individuals who believed in his fake crypto empire, but many are unhappy with the "short" sentence. Others are demanding that all the donations he made to political campaigns be returned.

US District Judge Lewis Kaplan said the defendant, who became known by his initials "SBF," had shown no "real remorse."

The U.S. and UK are looking into over $20 billion of USDT that was facilitated through Garantex, a sanctioned Russia-based crypto exchange, a new report revealed.

US District Judge Lewis Kaplan said the defendant, who became known by his initials "SBF," had shown no "real remorse," even in his final pre-sentencing remarks in which the former billionaire rued "a series of bad decisions" but did not acknowledge knowingly violating financial laws.

The cryptocurrency and blockchain market has experienced its fair share of volatility, however, recent developments signal a brighter outlook for the sector.

"He knew it was wrong. He knew it was criminal," Judge Lewis Kaplan said of the convicted crypto fraudster

Bitcoin hits new all-time high amidst concerns over U.S. debt and economic crisis. Analysts predict significant price surge for bitcoin and crypto market.

Bankman-Fried, 32, sentenced for fraud on customers of the FTX cryptocurrency exchange he founded.

U.S. prosecutors are seeking 40 to 50 years in prison for Bankman-Fried.