Top 10 Australian Cryptocurrency Exchanges to Buy Crypto and Bitcoin

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Sam Bankman-Fried’s Conviction is Only the Beginning

Reading Time: 4 minSam Bankman-Fried’s conviction on fraud and money laundering charges is a watershed moment for the cryptocurrency industry. It could lead to a more regulated industry, the prosecution of other executives and companies, and further erosion of public trust in cryptocurrency. The industry must learn from its mistakes and implement effective reforms to emerge from this crisis stronger than before.

November 3, 2023
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Sam Bankman Fried Gets Sentenced to Jail for Over 100 Years

Reading Time: 3 minSam Bankman-Fried, the founder of the collapsed cryptocurrency exchange FTX, is facing eight charges of wire fraud, securities fraud, and money laundering. He is accused of mismanaging customer funds and using them to fund his own businesses and lavish lifestyle. If convicted, Bankman-Fried faces a maximum sentence of 150 years in prison.

November 3, 2023
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NAB Blocks Transfers to Cryptocurrency Exchanges

Reading Time: 2 minNational Australia Bank (NAB) has announced that it will be blocking transfers to cryptocurrency exchanges starting July 18, 2023. The bank cited concerns about the risks associated with cryptocurrency trading, including volatility, fraud, and money laundering. The decision is likely to have a significant impact on the Australian cryptocurrency market, making it more difficult for Australians to buy and sell cryptocurrencies.

July 18, 2023

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