BITCOIN

Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has defended his support of the collapsed crypto exchange FTX and its former CEO Sam Bankman-Fried (SBF). “This is America. The justice system provides the presumption of innocence unless proven otherwise,” he stressed. O’Leary also denied the accusation by Binance CEO Changpeng Zhao (CZ) that he perjured himself in a U.S. Senate hearing over why FTX failed. Kevin O’Leary on FTX’s Collapse Shark Tank star Kevin O’Leary defended his position as a spokesperson for the collapsed crypto exchange FTX in an interview with CNBC Friday. He also commented on Binance CEO Changpeng Zhao (CZ) calling him a liar. When asked why he did not stridently condemn former FTX CEO Sam Bankman-Fried (SBF), O’Leary replied: This is America. The justice system provides the presumption of innocence unless proven otherwise. The former FTX executive was arrested in the Bahamas last week. The U.S. government and several regulators have filed a number of f

Several members of the U.S. Democratic Party and campaign committees are reportedly being probed by federal prosecutors over donations from former FTX CEO Sam Bankman-Fried (SBF) and another executive of the collapsed cryptocurrency exchange. “To any person, entity, or political campaign that has received stolen customer money, we ask that you work with us to return that money to the innocent victims,” said a U.S. district attorney following the arrest of Bankman-Fried. Federal Prosecutors Investigate Sam Bankman-Fried’s Political Donations The United States District Attorney’s Office for the Southern District of New York has reportedly begun an investigation into illegal campaign contributions from Sam Bankman-Fried (SBF) and two other former FTX executives. Following Bankman-Fried’s arrest in the Bahamas last week, the District Attorney’s Office sent an email to a few Democratic political organizations, including the party’s official campaign offices, a few of its major PACs, an

Karl Sebastian Greenwood, a co-founder and operator of Onecoin, has pled guilty to his part in building the notorious crypto pyramid. The fake cryptocurrency’s “global master distributor” has been in custody since 2018 when he was arrested in Thailand and extradited to the United States. Cryptoqueen’s Partner at Onecoin Admits Role in Multimillion-Dollar Fraud Co-founder of Onecoin Karl Sebastian Greenwood pled guilty in Manhattan federal court to wire fraud and money laundering charges on Friday. As a result of misrepresentations made by him, the Ponzi scheme’s mastermind, ‘Cryptoqueen’ Ruja Ignatova, and others, victims from around the world, including the U.S., invested billions of dollars into the fraudulent platform. In an announcement , the U.S. Attorney for the Southern District of New York Damian Williams pointed out that Greenwood, Ignatova and their co-conspirators ran Onecoin and claimed that a purported cryptocurrency with the same name would be the ‘Bitcoin killer.’ In