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May 14, 2026

cryptocurrency

Article

Crypto mogul Kwon sentenced for $40B stablecoin fraud

December 20, 2025 Michael R. Sisak
NEW YORK — Onetime cryptocurrency mogul Do Kwon was sentenced last Thursday to 15 years in prison after a $40 billion crash revealed his crypto ecosystem to be a fraud. Victims said the 34-year-old financial […]
Article

2024 big for bitcoin, states could see a crypto policy blitz in 2025 despite risks

December 22, 2024 Marc Levy
HARRISBURG, Pa. — The new year will usher in the bitcoin-friendly administration of President-elect Donald Trump and an expanding lobbying effort in statehouses that, together, could push states to become more open to crypto and […]
Article

SEC chair to step down in January

December 1, 2024 Michelle Chapman and Stan Choe
Securities and Exchange Commission Chair Gary Gensler, who was aggressive in his oversight of cryptocurrencies and other financial markets, will step down from his post on Jan. 20. Gensler pushed changes that he said protected […]
Article

Man who stole, laundered roughly $1B in bitcoin sentenced to 5 years in prison

November 24, 2024 By Michael Kunzelman
WASHINGTON, D.C. — A computer expert who stole bitcoin worth billions of dollars at current prices — and then spent years laundering some of the hacked cryptocurrency with help from his wife — was sentenced […]
Article

Bitcoin has surpassed $43,000 for the first time since April 2022. What’s behind the price surge?

December 7, 2023 The Associated Press
NEW YORK — Bitcoin is once again having a moment. This week, the world’s largest cryptocurrency soared past $43,000 for the first time in over a year and a half — and marking a 159% […]
Article

Bitcoin prices have doubled this year and potentially new ways to invest may drive prices higher

November 2, 2023 The Associated Press
NEW YORK — Bitcoin is having another moment. The world’s largest cryptocurrency soared to almost $35,000 this week, marking its highest point in nearly 18 months — and more than double the price seen at […]
Article

Wyoming crypto bank’s Federal Reserve application denied

February 5, 2023 Mead Gruver, Associated Press
CHEYENNE, Wyo. — The Federal Reserve Board has denied a Wyoming cryptocurrency bank’s application for Federal Reserve System membership, officials announced Friday, dealing a setback to the crypto industry’s attempts to build acceptance in mainstream […]
Article

Associates of FTX founder plead guilty to criminal charges

December 22, 2022 Ken Sweet, Rebecca Blackwell and Laryr Neumeister, Associated Press
NEW YORK — Two of Sam Bankman-Fried’s top associates secretly pleaded guilty to criminal charges in the collapse of the cryptocurrency exchange FTX and are cooperating with investigators, a federal prosecutor announced Wednesday as the […]
Article

Bankrupt exchange FTX owes top creditors over $3 billion

November 21, 2022 Ken Sweet, Associated Press
NEW YORK — The failed cryptocurrency exchange FTX owes more than $3 billion to its largest creditors, the company disclosed in a court filing over the weekend. The list of the top 50 unsecured claims […]
Article

Ethereum is ditching its ‘miners’

September 16, 2022 David Hamilton, Associated Press
SAN FRANCISCO — A complex software change to the cryptocurrency ethereum holds the potential to dramatically reduce its energy consumption — and resulting climate-related pollution. But the transition known as “the merge” is not going […]

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