The founder of collapsed cryptocurrency exchange FTX, Sam Bankman-Fried, is set to take the stand in his own defense at his fraud trial in New York, according to his attorney Mark Cohen.
Blockchain forensics firm Elliptic has clarified that the numbers being used to show how much cryptocurrency Hamas has raised are inaccurate, adding there’s little evidence showing terrorist groups are using cryptocurrency effectively.
The Financial Conduct Authority (FCA) has said that cryptocurrency-promoting firms have breached the United Kingdom’s new crypto marketing rules at least 221 times since these were implemented in early October.
Top stories in the Crypto Roundup today:
- FTX Founder to Testify in His Own Defense at Fraud Trial
- Elliptic Debunks Claims of Hamas Raising Millions in Crypto
- FCA Says Crypto Firms Already Broke New Advertising Rules 221 Times
- CCData Unveils Comprehensive Crypto Custody Report