Three Arrows Capital was one of the first high-profile cryptocurrency firms to collapse in 2022, filing for bankruptcy after being hit by a sharp sell-off in crypto markets.

FTX filed for bankruptcy in November 2022 in the wake of claims that it misused and lost billions of dollars worth of customers' crypto deposits.

Prosecutors have accused Bankman-Fried of stealing billions in FTX customer funds to plug losses at Alameda Research.

The new indictment charged Bankman-Fried with seven counts of fraud and conspiracy over the November 2022 collapse of FTX, which is now in bankruptcy.

Founded in 1994, Brooklyn's Metropolitan Detention Center has been plagued by persistent staffing shortages, power outages and maggots in inmates' food.

The new project from ChatGPT founder Sam Altman aims to create a blockchain-based 'identity and financial network'.

Mexico City is one of 35 cities in 20 countries where Worldcoin is pushing its ambitious project to create a unique 'digital passport' called World ID, which would help distinguish humans from bots online.

The lawsuit was filed one day after the SEC sued Binance, the world's largest cryptocurrency exchange, accusing it of inflating trading volumes, mishandling customer funds and lying about its operations.

The Cyprus registration allowed Binance to offer spot trading, custody and other services in compliance with Cyprus's anti-money laundering and counter-terrorist financing rules, the exchange says.

The Securities and Exchange Commission (SEC) sued Coinbase in Manhattan federal court and accused the largest US cryptocurrency platform of operating illegally by evading disclosure requirements.

This comes on the heels of charges against cryptocurrency exchange Binance and founder Changpeng Zhao for numerous alleged securities law violations.

The industry, which typically only has to comply with anti-money laundering checks, has been calling for a global approach to regulation as different jurisdictions follow their own rules.