SBF shifts blame to Alameda, claims ‘I didn’t knowingly commingle funds’

Speaking live at the New York Times Dealbook event, Sam Bankman-Fried declared that he did not “knowingly commingle funds.” “I was surprised just how big Alameda’s position was… I wasn’t trying to commingle funds.” When asked how he can accept the difference between his prior statement on Twitter that the issue with FTX came down The post SBF shifts blame to Alameda, claims ‘I didn’t knowingly commingle funds’ appeared first on CryptoSlate.

Continue ReadingSBF shifts blame to Alameda, claims ‘I didn’t knowingly commingle funds’

Binance denies US DOJ looking to prosecute the exchange, says Reuters is ‘wrong’

Binance said on December 12 that Reuters falsely stated that the United States Department of Justice is looking to prosecute Binance over money laundering changes. The post Binance denies US DOJ looking to prosecute the exchange, says Reuters is ‘wrong’ appeared first on CryptoSlate.

Continue ReadingBinance denies US DOJ looking to prosecute the exchange, says Reuters is ‘wrong’

Asian VC fund Sora Ventures relocates to ‘crypto friendly’ Taiwan

Asian VC firm Sora Ventures has announced it is moving its business to Taipei in Taiwan in favor of “a very crypto-friendly environment.” Sora Ventures was previously based in Hong Kong and other areas of Asia. The post Asian VC fund Sora Ventures relocates to ‘crypto friendly’ Taiwan appeared first on CryptoSlate.

Continue ReadingAsian VC fund Sora Ventures relocates to ‘crypto friendly’ Taiwan