HSBC has agreed to acquire the UK arm of Silicon Valley Bank for a nominal fee of £1, following the collapse of the bank due to its specialization in lending to technology companies.
Sam Bankman-Fried was hit with new criminal charges on Thursday, in an expanded indictment accusing the founder of the now-bankrupt FTX cryptocurrency exchange of conspiring to make more than 300 illegal political donations.
Shortly after FTX Digital Markets filed for Chapter 11 bankruptcy protection, Bahamian authorities seized $3.5 billion of digital assets from the failed cryptocurrency exchange, according to a statement late Thursday.
Cryptocurrency mogul accused of defrauding investors out of billions of dollars and making illegal campaign contributions visited White House several times to discuss crypto industry and exchanges.
President Trump has launched a limited edition Digital Trading Card collection of NFTs, which are digital assets representing ownership of a unique item or piece of content, and are available for purchase on his official website.