Sam Bankman-Fried Pleads Not Guilty, Task Force Formed To Recover Billions of Dollars  – Coinpedia Fintech News

Defunct crypto exchange FTX has been attributed to a liquidity crunch on millions of crypto traders and several digital assets firms. With billions of dollars at stake, the Fed has come out guns blazing to help recover customers’ funds from FTX. Notably, the US Federal Government has created a task force to investigate the exchange and help customers recover lost […]

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Ripple Vs. SEC Lawsuit: XRP Price Will Not Be Impacted By The Legal Battle – Coinpedia Fintech News

As the Ripple vs. SEC litigation continues, the community awaits the outcome with anticipation, hoping that Ripple will ultimately prevail. If that occurs, many expect (and some have already predicted) a significant price increase in XRP.  How Will The XRP Price Be Impacted By The Lawsuit? According to Defender, the price of XRP skyrocketed to $1.96 after the SEC’s complaint […]

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Bahamas Securities Commission Clarifies Value Of Seized Assets, Lashes Out At John Ray  – Coinpedia Fintech News

In court filings, John Ray, CEO of FTX and a representative of the Chapter 11 Debtors in the United States, claimed that the Securities Commission of the Bahamas (SCB) had instructed FTX to mint $300 million in fresh FTT tokens in 2022. These claims were made before the United States House Financial Services Committee without evidence and got extensive international […]

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Cardano (ADA) Price Analysis: Bulls Aim Fresh Increase Above $0.28

Cardano price is showing positive signs above $0.250 against the US Dollar, similar to bitcoin. ADA price could gain bullish momentum if it clears the $0.270 resistance. Cardano Price Analysis This past week, cardano price started a steady increase from the $0.2380 zone against the US Dollar. The ADA/USD pair gained pace for a move above the $0.245 and $0.250 […]

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US Feds put together ‘FTX task force’ to trace stolen user funds

The United States Attorney’s Office for the Southern District of New York (SDNY) has formed an FTX Task Force to “trace and recover” missing customer funds, as well as handle investigations and prosecutions related to the exchange’s collapse.  The announcement came via a statement from U.S. Attorney Damian Williams who is the federal prosecutor in the FTX case involving founder […]

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Litecoin Is Rallying As It Returns To Its Previous High Of $80

Litecoin (LTC) has regained its bullish momentum and breached the $72 barrier level. The cryptocurrency is expected to grow and return to its previous high of $80. Litecoin price long term prediction: bullish  On the plus side, if the cryptocurrency price breaks the $80 resistance level, the market will surge to a high of $91.52. Nonetheless, the bullish momentum will […]

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Ukrainian pharmacies enable crypto payments via Binance Pay

Pharmacies in Ukraine are embracing digital payments amid the ongoing war, with a major local pharmacy chain enabling payments in cryptocurrencies like Bitcoin (BTC). ANC Pharmacy, one of the biggest pharmacy chains in Ukraine, has partnered with Binance Ukraine to debut cryptocurrency payments via contactless crypto payment service Binance Pay. Starting from Jan. 3, ANC Pharmacy enabled its customers to […]

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