Press Wire
SEC Backs Down: OpenSea NFT Probe Dropped as Crypto Wins a Big One
- February 24, 2025
- Posted by: newworldfinance
- Category: Crypto, Press Wire
TLDR: The SEC has axed its investigation into OpenSea after a year-long battle, with CEO Devin Finzer celebrating it as a win for NFT creators. The regulator also dropped its Coinbase lawsuit last week. Crypto’s catching a break—for now.
Celsius Founder Alex Mashinsky May Delay Fraud Sentencing By 1 Month
- February 6, 2025
- Posted by: newworldfinance
- Category: Crypto, Press Wire
TLDR: Alex Mashinsky, former Celsius CEO, is seeking to delay his sentencing from April 8 to May 8, 2025, arguing his legal team needs more time to review the government’s case. Prosecutors oppose the request, calling it premature.
FTX’s Bankruptcy Payouts Begin This Month
- February 5, 2025
- Posted by: newworldfinance
- Category: Crypto, Cryptocurrency Markets, Press Wire
TLDR: FTX Bahamas will begin creditor repayments on Feb. 18, 2025, with claims under $50K receiving full repayment plus 9% interest. Around $1.2 billion will be distributed, while larger creditors may face delays. Meanwhile, SBF is seeking a new trial, arguing that FTX was not insolvent and that asset sales were mishandled.
US-Colombia Tensions Escalate Amid Tariffs, Migration Disputes, and Geopolitical Shifts
- January 27, 2025
- Posted by: newworldfinance
- Category: Finance, Geopolitics, Press Wire
A diplomatic rift between the United States and Colombia has intensified, with U.S. President Donald Trump imposing sweeping tariffs and sanctions on Colombia following disputes over deportation flights. Simultaneously, Colombia’s pursuit of BRICS membership and strengthening ties with Russia signal a realignment of its international alliances. Trump’s Retaliatory Measures Against Colombia On January 23, President
Why Trump Pardoned Silk Road Founder Ross Ulbricht
- January 24, 2025
- Posted by: newworldfinance
- Category: Crypto, Geopolitics, Press Wire
On January 22, 2025, President Donald Trump issued a full pardon to Ross Ulbricht, the founder of the dark-web marketplace Silk Road. The decision fulfills a promise Trump made during his 2024 campaign, signaling a commitment to the cryptocurrency community and libertarian values. Ross Ulbricht’s Story: From “Dread Pirate Roberts” to Federal Prison Ross Ulbricht,
How BRICS Membership Could Boost Thailand and Malaysia’s Global Influence
- December 18, 2024
- Posted by: newworldfinance
- Category: Geopolitics, Press Wire, Research
Thailand and Malaysia’s applications to join BRICS could reshape trade, investment, and geopolitical influence. Learn how membership could redefine their future.
FTX Reorganization Plan to Take Effect January 3, 2025, With Creditor Repayments Starting Soon
- December 17, 2024
- Posted by: newworldfinance
- Category: Crypto, Cryptocurrency Markets, Press Wire
FTX’s reorganization plan will take effect January 3, 2025, with creditor repayments starting within 60 days. 98% of users to recover 119% of claims.
CNBC Says XRP Tops Trump’s Crypto Rally, Surging 370% Since Election Victory
- December 17, 2024
- Posted by: newworldfinance
- Category: Crypto, Finance, Press Wire
XRP emerges as the top performer in Trump’s crypto rally, surging 370% since the election. Learn what’s driving XRP’s growth and its future potential.