Because the week wraps up, let’s have a look again at a number of the main tales that hit the crypto world. From a high-profile conviction to a billionaire’s skeptical views on NFTs, it’s secure to say it’s been a rollercoaster of per week.
Ex-FTX CEO Sam Bankman-Fried Convicted of Fraud
The previous CEO of FTX, Sam Bankman-Fried, has been discovered responsible on seven counts of legal fraud, following a latest jury verdict. Quite a lot of expenses have been leveled towards him, together with wire fraud, conspiracy to commit wire fraud, securities fraud, commodities fraud, and cash laundering. The conviction may lead to a most sentence of 115 years in jail. Read the full article here.
Elon Musk Takes Another Swing at NFTs
Regardless of his recognized affinity for sure cryptocurrencies, Elon Musk continues to precise skepticism in direction of non-fungible tokens (NFTs). In a latest interview with podcaster Joe Rogan, Musk as soon as once more criticized the digital belongings. Read the full article here.
See Additionally: GOP Presidential Candidate Nikki Haley Criticizes Republican Party’s Failure To Connect With Diverse Vote
Dogecoin Poised for Bullish Breakout
Crypto analyst Ali Martinez expressed optimism about Dogecoin DOGE/USD, noting that it’s breaking out from a multi-year descending triangle on the DOGE weekly chart. This, together with a purchase sign from the TD Sequential indicator, reinforces the bullish outlook for DOGE. Read the full article here.
Peter Schiff Requires Accountability Submit Bankman-Fried Conviction
In the wake of Sam Bankman-Fried’s conviction, famend investor Peter Schiff has known as out these he alleges have been complicit in Bankman-Fried’s fraudulent actions, together with politicians and regulators. Schiff, a long-standing critic of Bitcoin and proponent of gold, made his views recognized through Twitter. Read the full article here.
Dogecoin Co-Creator Criticizes Bitcoin ATMs
Billy Markus, the co-creator of Dogecoin, voiced his dissatisfaction with Bitcoin BTC/USD ATMs over the weekend, labeling them as “ripoffs”. The dialog unfolded on social media in response to a consumer sharing a photograph of a Bitcoin ATM. Read the full article here.
Learn Subsequent: Former Trump Lawyer Calls Ex-President’s Sons’ Testimony ‘Fundamentally Flawed…Comical’ In New York Fraud Trial
Cryptocurrency Picture by SvetlanaParnikova on Shutterstock
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