Crypto ceos testify

crypto ceos testify

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PARAGRAPHTop executives from the crypto LongHash, a blockchain startup that focuses on Asian markets. Dec 8, Up Next.

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Jamie Dimon testifies about blockchain, cryptocurrency and consumer security
Senator Elizabeth Warren, a prominent Democrat and frequent bank critic, used her time to ask about crypto -- leading to a rare moment of unity. Prosecutors rest in trial of crypto CEO, paving way for lawyers to present defense of Californian entrepreneur, who has pleaded not guilty. The billionaire Dimon testified before the Senate he's �deeply opposed� to bitcoin and other digital currencies due to their association.
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If convicted, he faces decades in prison. Bankman-Fried gave details of the day FTX endured billions in customer withdrawals, eventually going bankrupt after a brief flirtation with a potential acquisition by Binance. He faces seven counts of wire fraud and conspiracy to launder money, felony charges that could carry sentences of decades in prison if he is convicted.