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Sam Bankman-Fried, co-founder of FTX Cryptocurrency Derivatives Exchange, arrives at court in New York, US, on Thursday, Feb. 16, 2023. Almost all customers of collapsed cryptocurrency exchange FTX will get their money back — and more, according to a court filing. FTX's high-profile founder Sam Bankman-Fried was convicted of seven criminal counts in early November, including charges related to stealing billions of dollars from FTX's customers. FTX had to find other ways to raise money because it has large sum of cryptocurrency missing from the exchange. Instead, the Debtors have had to look to other sources of recoverable value to repay creditors," FTX said in a press release on Wednesday.
Persons: Sam Bankman, FTX, Fried, Bitcoin, John Ray III, Ray, — CNBC's MacKenzie Sigalos Organizations: Amazon, FTX Locations: New York, Alameda, Bankman, Anthropic
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJack Dorsey backed start-up taps into geothermal, hydro and solar power to run bitcoin mines across AfricaCNBC's MacKenzie Sigalos reports from just outside Nairobi, Kenya, on Gridless, a company that's using clean energy sources to power bitcoin mines that don't need to rely on the local power grid.
Persons: Jack Dorsey, Africa CNBC's MacKenzie Sigalos Locations: Africa, Nairobi, Kenya, Gridless
Inside Austin's bitcoin underground
  + stars: | 2024-03-23 | by ( Mackenzie Sigalos | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInside Austin's bitcoin undergroundCNBC's MacKenzie Sigalos reports from Austin, one of the country's biggest bitcoin hubs.
Persons: CNBC's MacKenzie Sigalos Locations: Austin
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin hits new all-time high as crypto fans descend on Austin for SXSWCNBC's MacKenzie Sigalos joins 'Last Call' to report on bitcoin's record rise higher from Austin where SXSW kicks off today.
Persons: CNBC's MacKenzie Sigalos Organizations: Austin, SXSW Locations: Austin
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin resumes rally after hitting a new all-time highCNBC's MacKenzie Sigalos reports on factors driving bitcoin's record run higher, including spot ETFs fomenting institutional adoption of the asset class.
Persons: CNBC's MacKenzie Sigalos
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin is boring and that is its beauty: Neoclassic's Mike BucellaCNBC's Mackenzie Sigalos and Mike Bucella, Neoclassic Capital managing partner, join 'Power Lunch' to discuss the surge in Bitcoin and the state of cryptocurrency.
Persons: Mike Bucella CNBC's Mackenzie Sigalos, Mike Bucella Organizations: Neoclassic Capital Locations: cryptocurrency
Ether surges past $3,600 as thousands descend on ETHDenver 2024
  + stars: | 2024-03-04 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEther surges past $3,600 as thousands descend on ETHDenver 2024CNBC's MacKenzie Sigalos reports from ETHDenver on the latest trends in web3 and AI.
Persons: CNBC's MacKenzie Sigalos Locations: ETHDenver
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin price surge and generative AI dominate discourse at Africa Tech SummitCNBC's MacKenzie Sigalos reports from Nairobi, Kenya, on bitcoin's big upward price swings, how crypto adoption is growing there, and other headlines from the Africa Tech Summit.
Persons: Africa Tech Summit CNBC's MacKenzie Sigalos Organizations: Africa Tech Summit Locations: Nairobi, Kenya
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEther up 50% this year as trader optimism soars over possible spot ether ETF approvalCNBC's MacKenzie Sigalos reports from EthDenver on the run-up in crypto prices as thousands gather for one of the biggest crypto conferences of the year.
Persons: CNBC's MacKenzie Sigalos Locations: EthDenver
Justin Tallis | Afp | Getty ImagesThe CEO of Circle, the company behind popular stablecoin USD Coin, sees a strong chance that laws for stablecoin issuers like itself will come through in 2024. The U.S. is yet to pass federal crypto regulation, even as jurisdictions around the world are approving new crypto-focused laws. But Jeremy Allaire, Circle's boss and co-founder, hopes that things will change this year, stating that there is a "very good chance" U.S. lawmakers approve a stablecoin bill. "Stablecoins in particular remain the killer app for blockchain technology," Allaire told CNBC. "It's been a really powerful time for that and we think 2024, with things like the spot ETF and world regulatory clarity, is going to open this up even wider."
Persons: Justin Tallis, Jeremy Allaire, Circle's, Allaire, Crypto, Dante Disparte, Disparte, CNBC's MacKenzie Sigalos Organizations: Afp, Getty, CNBC, Economic, Treasury, Federal, House Financial, U.S . Securities, Exchange Commission, SEC, Allaire Locations: London, U.S, Davos, Switzerland, United States
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin tops $41,000 as investor appetite for ETF growsCNBC's Mackenzie Sigalos reports on the latest action from Bitcoin.
Persons: Mackenzie Sigalos Locations: Bitcoin
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy Worldcoin faces regulatory pressure over its plan to scan your eyeballsCNBC's MacKenzie Sigalos reports on the growing scrutiny around Worldcoin, a crypto project launched by OpenAI founder Sam Altman. Worldcoin creates decentralized identities for users and offers its native token to those who sign up.
Persons: MacKenzie Sigalos, Sam Altman Organizations: OpenAI
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Bitcoin Family' tracks moon cycles to make crypto investment decisionsCNBC's MacKenzie Sigalos joins 'Last Call' with the latest on the 'Bitcoin Family' and how they are using moon cycles and traditional market indicators to trade bitcoin.
Persons: CNBC's MacKenzie Sigalos
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin drops after SEC reportedly says spot ETF applications from major firms are 'inadequate'CNBC's MacKenzie Sigalos joins 'Last Call' to report on the SEC's latest pushback against spot bitcoin ETF applications from blue-chip asset managers like BlackRock and Fidelity.
Persons: CNBC's MacKenzie Sigalos Organizations: SEC, BlackRock, Fidelity
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEthereum, Bitcoin communities descend on Prague as U.S. crackdown grips crypto marketAs pressure builds for Binance and Coinbase following historic SEC lawsuits, CNBC's MacKenzie Sigalos is live in Prague where two major industry conferences are underway
Persons: CNBC's MacKenzie Sigalos Organizations: SEC Locations: Prague, U.S
Crypto prices stumble following new SEC lawsuit
  + stars: | 2023-06-06 | by ( Mackenzie Sigalos | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCrypto prices stumble following new SEC lawsuitCNBC's MacKenzie Sigalos joins 'The Exchange' to discuss Bitcoin trending downwards, the Money 2020 crypto conference, and the SEC's lawsuit against Coinbase and Binance.
Persons: CNBC's MacKenzie Sigalos, Coinbase Organizations: SEC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicrostrategy CEO Michael Saylor says bitcoin has bottomed 'we're on a bull run'CNBC's MacKenzie Sigalos joins 'Last Call' to from the Miami Crypto Conference to break down the attitude of attendees after a rough year for the crypto market.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSEC crackdown concerns hit crypto investor enthusiasmCNBC's MacKenzie Sigalos reports on how the banking crisis is rippling into the crypto markets and Coinbase's legal fight with the SEC.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCrypto leaders consider moving business outside of the U.S. regulatory spaceCNBC's MacKenzie Sigalos joins 'The Exchange' to discuss takeaways from the Coindesk Consensus Conference, regulation of digital assets in the U.S., and the potential for the crypto industry to leave the U.S.
Coinbase responds to SEC's threat of formal charges
  + stars: | 2023-04-28 | by ( Mackenzie Sigalos | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCoinbase responds to SEC's threat of formal chargesCNBC's MacKenzie Sigalos reports on crypto regulation from Austin, where one of the world's biggest crypto conferences is underway.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSan Francisco police connect Cash App founder to suspect arrested in fatal stabbingHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. CNBC's MacKenzie Sigalos joins the show to discuss the murder case of the late Cash App founder Bob Lee.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPolice make an arrest in connection to the murder of Cash App founder Bob LeeCNBC's MacKenzie Sigalos joins 'Power Lunch' to discuss the latest updates in the murder case of Cash App founder Bob Lee.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin tops $30,000 for the first time since June ahead of key inflation dataCNBC's MacKenzie Sigalos joins 'Closing Bell: Overtime' to report on the rise in Bitcoin stock.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCrypto-pegged stocks surging as bitcoin hits 10-month highCNBC's MacKenzie Sigalos joins 'Power Lunch' to discuss the impact of March's string of bank collapses on crypto businesses.
New Sam Bankman-Fried hearing today
  + stars: | 2023-03-30 | by ( Mackenzie Sigalos | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNew Sam Bankman-Fried hearing todayCNBC's MacKenzie Sigalos reports on the latest criminal charges against the disgraced ex-CEO of FTX and what to expect when Bankman-Fried's hearing gets underway on Thursday.
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