Founder

Disgraced FTX Founder SBF Transferred to Notorious Victorville Prison in California

Disgraced FTX Founder SBF Transferred to Notorious Victorville Prison in California

Sam Bankman-Fried, the former CEO of the now-defunct cryptocurrency exchange FTX, has been transferred to a federal prison in Victorville, California, according to updated information from the Federal Bureau of Prisons (BOP). The move marks the latest chapter in Bankman-Fried’s post-sentencing journey, following his 25-year prison term for orchestrating one of the most significant financial […]

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Crypto Game Founder in Hot Water After Former CMO Drops Truth Bomb on Fallout

Crypto Game Founder in Hot Water After Former CMO Drops Truth Bomb on Fallout

Amber Bella, the former Chief Marketing Officer (CMO) of the blockchain-based action RPG Blade of God X (BoGX), broke her silence on Tuesday. In a tweet series that outlined her fallout with the game’s founder, Tnise Liu Yang, and the Web2 development team, she revealed shocking details about the project’s internal collapse. Bella accused the

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Barstool Founder Launches and Dumps GREED Meme Coin in Just 1 Hour

Barstool Founder Launches and Dumps GREED Meme Coin in Just 1 Hour

Barstool Sports founder Dave Portnoy launched a meme coin called $GREED today from his official wallet. However, he sold his entire position an hour later, causing the token’s value to crash by more than 90%. A Social Experiment In a February 19 post on X, the founder criticized the meme coin space, stating: “The entire

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Cardano Founder Charles Hoskinson Speaks Up on Which is the Best Blockchain for AI

Cardano Founder Charles Hoskinson Speaks Up on Which is the Best Blockchain for AI

Artificial intelligence has been one of the hottest topics in the cryptocurrency industry (and well beyond it) for more than a year now, and many teams are looking for ways to leverage their tech stack and build off of AI. Charles Hoskinson, the founder of Cardano, recently took to X to share his thoughts on

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BitClout Founder Al-Naji Faces Charges Over $257 Million Fraud Scheme

BitClout Founder Al-Naji Faces Charges Over $257 Million Fraud Scheme

The US Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) charged Nader Al-Naji with orchestrating a multi-million-dollar fraudulent crypto asset scheme involving the social media platform BitClout and its native token BTCLT. The securities regulator’s complaint revealed that Al-Naji raised over $257 million through unregistered offers and sales of BTCLT in November

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Bitzlato Founder Sentenced to Prison for Facilitating Money Laundering

Bitzlato Founder Sentenced to Prison for Facilitating Money Laundering

On July 18, Judge Eric Vitaliano sentenced the founder of the Bitzlato cryptocurrency exchange to 18 months, the time he had already served, for running an unlicensed money-transmitting business. Anatoly Legkodymov pleaded guilty last year to running an operation that facilitated the concealment of over $700 million in proceeds from illegal gambling and drug transactions.

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Frax Finance Founder Claims Inside Job at X Resulted in Account Hack

Frax Finance Founder Claims Inside Job at X Resulted in Account Hack

Sam Kazemian, founder of Frax Finance, has alleged that an inside job at X was responsible for the hack of the project’s official account. The breach, which occurred on June 1, led to the decentralized stablecoin protocol behind FRAX USD losing access to its X account. In a Telegram post dated June 3, Kazemian mentioned

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MicroStrategy Founder Michael Saylor Nets $370M From MSTR Sales

MicroStrategy Founder Michael Saylor Nets $370M From MSTR Sales

MicroStrategy founder Michael Saylor has sold up to 370,000 shares of his brainchild over the past four months. This follows his entry into a stock-sale agreement with the company last year. Under the agreement, he has the authorization to unload up to 400,000 shares until April of this year. Saylor to Offload 400,000 Shares Michael

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Mempool Founder Mononaut Raises Red Flag Over Bitcoin Layer 2 Implementations

Mempool Founder Mononaut Raises Red Flag Over Bitcoin Layer 2 Implementations

Bitcoin Layer 2 solutions have gained significant traction this year but have also drawn their fair share of criticisms. Mempool founder Mononaut has strongly criticized them and pointed out several drawbacks from a technical standpoint. Interestingly, Mononaut’s stance gains support as Bitcoin Ordinals founder Casey Rodarmor. Bitcoin Layer 2 Under Fire The main objective of

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