OKX Fined $500 Million Following Guilty Plea for Crypto-Related Crimes
2 months ago
OKX, one of the leading cryptocurrency exchanges, has agreed to pay a hefty sum of $500 million after pleading guilty to serious charges involving illicit cryptocurrency transactions. This monumental decision marks a pivotal moment in the ongoing battle against financial misconduct in the cryptocurrency landscape.
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Sam Trabucco, Former Alameda CEO, Surrenders Luxurious Assets to FTX Creditors
5 months ago
In a significant development following the collapse of FTX, Sam Trabucco, the former CEO of Alameda Research, has relinquished high-value assets including a luxury yacht and several premium apartments as part of the ongoing efforts to recover funds for FTX creditors. This forfeiture highlights the far-reaching implications of the crypto exchange's downfall and the accountability officials are now facing.
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