Topic: Cryptocurrency

Federal prosecutors Tuesday recommended 36 months in prison and a $50 million fine for former Binance CEO Changpeng Zhao. He pleaded guilty to violating money laundering laws under the Bank Secrecy Act.

Philippine market regulators said Tuesday they had ordered Apple and Google to remove the apps of the virtual cryptocurrency exchange operator Binance from their app stores to protect investors in the country.

Microsoft warned in an April report that China and North Korea pose artificial intelligence threats aimed at influencing U.S., South Korean and Indian elections this year with AI-generated false content.

The price of Bitcoin on Tuesday fell more than 7% for the second day, going below the cryptocurrency's $65,000 price point.

FTX founder Sam Bankman-Fried was sentenced to 25 years in prison on Thursday after he was found guilty on fraud charges related to the downfall of the failed cryptocurrency exchange.

The Securities and Exchange Commission can proceed with a jury trial in its federal lawsuit accusing cryptocurrency Coinbase of illegally selling securities, a federal judge ruled Wednesday.

Convicted FTX founder Sam Bankman-Fried should serve between 40 and 50 years in prison, prosecutors in New York contend in their sentencing recommendation.

Bitcoin edged closer to an all-time high Monday, as it topped $67,000. The largest crypto asset neared its own record high of $69,000, as it rapidly approached silver's nearly $1.4 trillion market capitalization.

Supreme Court Justices seemed poised Wednesday to remand a case to a lower court related to Coinbase Inc.'s $1.2 million Dogecoin giveaway in 2021.

The U.S. Treasury announced a new round of sanctions on Monday against financial networks that support the militant group Hamas with hopes to choke off funding to their military operations against Israel.