CoinGames Crypto Corner: Former FTX Executive Pleads Guilty in Fraud Case
A former high-ranking FTX executive, Ryan Salame, has pled guilty to a variety of charges, including violation of campaign finance laws. Salame has entered a plea deal with authorities and will be obliged to pay $5 million to FTX debtors, along with $6 million to the US government.
CoinGames Crypto Corner: Former OpenSea Manager Sentenced for NFT Insider Trading
US District Judge Jesse Furman from Manhattan has sentenced a former product manager at OpenSea, 33-year-old Nathaniel Chastain, to three months in jail this week for acquiring NFTs that would soon be featured on the marketplace.
CoinGames Crypto Corner: HashKey Exchange Licensed to Serve Retail Customers in Hong Kong
Hong Kong, towards the end of last week, issued its first cryptocurrency exchange license dedicated for retail customers. The recipient of the license was HashKey Exchange, which said in a statement that it will “expand its business scope from serving professional investors to retail users.”
CoinGames Crypto Corner: Banking Giant Predicts Skyrocketing Bitcoin Price in 2024
Banking giant Standard Chartered has styled a report, according to Reuters, in which it has predicted that Bitcoin may boost its price to around $120,000 by the end of 2024. They predict that this skyrocketing profitability for Bitcoin will be driven by miners that will halt the supply of new tokens, choosing instead to keep their supply.