Gizmodo

Nearly all of FTX’s former customers will get back almost 100% of the money they lost at the time of the cryptocurrency exchange’s collapse — if not more.

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Early crypto investor Roger Ver, a.k.a. ‘Bitcoin Jesus,’ has been charged with a tax fraud, with the Department of Justice saying he evaded nearly $50 million in taxes.

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Binance founder and former CEO Changpeng “CZ” Zhao was sentenced to four months in federal prison on Tuesday, first reported by the Associated Press.

Gizmodo

Worldcoin, the project that hands out free cryptocurrency in exchange for biometric data, is experiencing a shortage of the orbs that scan everyone’s eyeballs, according to a new report from Semafor.

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Sam Bankman-Fried was sentenced to 25 years in prison on Thursday by Manhattan Federal Judge Lewis Kaplan. A jury found Bankman-Fried guilty of one of the largest white-collar crimes in history roughly five months ago. The 32-year-old could be in jail until he’s 57.

Gizmodo

Prosecutors in New York asked a court on Friday to sentence crypto fraudster Sam Bankman-Fried to between 40 and 50 years in prison for defrauding crypto investors and extracting billions of dollars from his companies

Gizmodo

It’s official: There will be no further attempts to salvage FTX. The once popular but now defunct crypto exchange that “misplaced” billions of dollars in user assets before collapsing in a heap of scandal is officially headed to the corporate graveyard.

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