The fierce rivalry between crypto titans Changpeng Zhao (CZ) of Binance and Sam Bankman-Fried (SBF) of FTX came to an anticlimactic end, with CZ receiving a four-month prison sentence and SBF a 25-year term for their respective roles in the downfall of the crypto industry.
Sam Bankman-Fried, the former crypto mogul and co-founder of FTX, has filed an appeal against his conviction and 25-year prison sentence for orchestrating an $8 billion fraud scheme.
Google has filed a lawsuit against two Chinese developers, Yunfeng Sun and Hongnam Cheung, for allegedly uploading nearly 90 fraudulent crypto investment apps on its Play Store, defrauding around 100,000 users.
Google has filed a civil lawsuit against individuals accused of defrauding over 100,000 people globally through counterfeit cryptocurrency apps on the Google Play store. The legal action aims to set a precedent for user protection and combat growing crypto-related scams.
