Cryptocurrency
NEW YORK (AP) — U.S. prosecutors charged Sam Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, with a host of financial crimes and campaign finance violations on Tuesday, alleging he played a central role in the rapid collapse of FTX and hid its problems from the public and investors. The indictment says Bankman-Fried…
Greybull is reeling after one of its local leaders is arrested and facing serious charges for possessing and selling child pornography for cryptocurrency. David Bernard is one of five councilmen serving on the Greybull Town Council. His term began in January 2021 and was set to end in 2024. As of Tuesday, Feb. 22, Bernard’s…
The experimental blockchain city in Park County lost nearly $100,000 after a leader’s Discord account was hacked, compromising the investment of its “citizens.” Within a few months of a historic land purchase, the “city of the future on the Ethereum blockchain” in Park County is facing its first serious challenge. After infiltrating a Discord server,…
Park County makes cryptocurrency history, as a Decentralized Autonomous Organization becomes the first to buy a piece of land to create a city of the future. CityDAO is “an experiment in decentralized ownership of real-world assets,” in their own words. According to the group’s website, they finalized the purchase of their first physical asset in…
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