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cointelegraph.com Sam Bankman-Fried moved to a low-security prison — so what?

Sam “SBF” Bankman-Fried, the disgraced co-founder of collapsed cryptocurrency exchange FTX, to a low-security US federal correctional institutionBankman-Fried was moved to the low-security Terminal Island federal correctional institution. Previously, he was located at the Victorville medium-security facility, a notoriously violent place, according to prison consultant firm Elizabeth Franklin-Best.Samuel Goldfaden, a partner at the crypto-centric lawfirm, DLT Law told Cointelegraph that while his previous facility was violent, BankmanFried had been held in a safer part of the facility, adding:“Sam Bankman-Fried spent most of his detention in the more secure dorm units of MDC Brooklyn, reportedly alongside other high-profile inmates such as Sean P. Diddy to ensure his safety.“Terminal Island FCI review. Source: Elizabeth Franklin-BestIn “good” companyTerminal Island is located in San Pedro, California and houses involved in financial crime. According to Franklin, notable inmates at the facility include ormer stockbroker Anthony Elgindy (wire fraud, racketeering, securities fraud and extortion) and internet music entrepreneur Mouli Cohen (wire fraud, money laundering and tax evasionNew York ttorney Aaron Brogan told Cointelegraph that Bankman-Fried’s “non-violent record may well have been incorporated into a risk score” which led him to this low-security facility. His alleged autism, on the other hand, was unlikely to have had an influence despite layers playing it as a card:“I've heard reports that describe Sam as autistic, but that is within a particular subclinical contemporary lens — autism can be a debilitating condition, but Sam graduated from MIT, founded multiple billion-dollar companies, and successfully defrauded millions of people.“Goldfaden suggested a tie between Bankman-Fried’s interview with political commentator Tucker Carlson, which was not approved by prison authorities and followed by solitary confinement. He highlighted that shortly after the interview,“was transferred, to improved conditions and moved closer to his family.A win for the FTX co-founderBrogan pointed out that lower security facilities are usually “nicer” and said that as a result he is less likely to become a victim of violent crime. will probably have a “slightly easier” time communicating with his attorneys.Still, Brogan said that those are suppositions that are likely to be true, but not guaranteed and the change may be negative for Bankman-Fried instead:“It is hard to say from the outside, but generally one would expect lower security prisons to make such communication less challenging.“The timeline of the FTX co-founder’s appeal will not be affected by the move, his pardon-seeking. The move also raises questions about the markedly different safety and rehabilitation environments that inmates guilty of non-violent offences find themselves in.Still, Brogan said that is “the nature of the United States prison system.” He highlighted that “the prison system treats all inmates unfairly, and almost nobody cares.” He :“This is a punishment and the mass of people want it to be hard. There is some threshold of human decency, but nothing that has happened to Sam approaches that.“

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bitcoinist.com Crypto Survey Reveals 7 in 10 South Koreans Want to Increase Holdings

South Korean interest in digital assets is on the rise, with a significant number of retail investors planning to increase their crypto exposure over the coming year. A recent survey conducted by the Hana Financial Research Institute polled 1,000 individuals aged 20 to 59, revealing that while 27% already hold digital assets, 70% of respondents, […]

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news.bitcoin.com ETF Weekly Recap: Bitcoin ETFs Add $2.22 Billion in a Blistering Week

Bitcoin ETFs recorded a powerful $2.22 billion net inflow last week, continuing a 3-week streak of green and marking one of 2025’s strongest weeks. Ether ETFs also stayed in positive territory for the 7th straight week, adding $283.41 million. Bitcoin ETF Inflows Soar as Ether ETFs Notch 7th Straight Positive Week Investor enthusiasm roared into […]

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news.bitcoin.com Pantera Launches First Digital Asset Treasury Fund

Crypto venture capital firm Pantera has launched what it calls a “Digital Asset Treasury” (DAT) fund to provide investors with exposure to the new and rapidly expanding sector of crypto treasury companies that hold large amounts of digital assets on their balance sheets. A curious phenomenon has arisen, whereby public companies that purchase crypto for […]

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news.bitcoin.com Lightchain AI Is Gearing Up for Launch – Here’s What You Need to Know

This content is provided by a sponsor. As the Lightchain AI ecosystem continues to gain traction across the Web3 and AI communities, one question has become increasingly common in our forums and Telegram chats: “When is the official launch date?” It’s a fair question — and one we want to answer with full transparency and […]

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bitcoinist.com Crypto Culture Surges: Survey Finds Majority Of South Koreans Have Traded Digital Currency

According to a survey by Hana Bank’s Hana Financial Research Institute, half of adults in their 20s through 50s have tried crypto, and more than a quarter still hold them. Related Reading: Bitcoin Bet Turns Bitter: 5 Lawsuits Vs. Strategy For $6 Billion Losses The study finds that 51% of people in that age range […]

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news.bitcoin.com Latam Insights Encore: Bolivia’s Crypto Affair Is Unavoidable: Here’s Why

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how the ongoing crisis in Bolivia is configured to stimulate the growth of crypto adoption, even from the government side. Latam Insights Encore: Bolivia Is Set to Become a Crypto Power […]

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blockonomi.com Will Dogecoin Be Next Crypto To Hit $1 as Bitwise Updates Their DOGE ETF Filings, Or Is Mutuum Finance Poised To Hit The Milestone First?

The crypto market is buzzing with speculation about the next crypto to hit $1. Bitwise Asset Management is fueling this excitement by refining its Dogecoin ETF filings, signaling potential approval.  Meanwhile, Mutuum Finance (MUTM) is gaining traction in its presale phase 5, raising over $11.3 million with 575 million tokens sold to 12,600 holders. Priced [...] The post Will Dogecoin Be Next Crypto To Hit $1 as Bitwise Updates Their DOGE ETF Filings, Or Is Mutuum Finance Poised To Hit The Milestone First? appeared first on Blockonomi.

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bitcoinist.com Chainlink Up Nearly 12%: Are Exchange Outflows Driving The Rally?

Chainlink has gone up by almost 12% during the past week as on-chain data shows investors have continuously been withdrawing from exchanges. LINK Exchange Netflow Has Been Negative For Last Ten Days In a new post on X, the institutional DeFi solutions provider Sentora has talked about the latest trend in the Exchange Netflow of […]

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news.bitcoin.com Over 5,000 Scammed in Massive Crypto Scheme Broken up in Spain

A global crypto fraud empire that funneled over half a billion dollars from thousands of victims has been dismantled in a sweeping international operation spanning three continents. Crypto Fraud Network Dismantled: Europol, Spain Arrest 5 in Major Bust A sweeping crackdown on a global cryptocurrency scam has unraveled a vast network that siphoned millions from […]

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themerkle.com 4 Derivatives Tokens Below 1M Market Cap To Check Out

The crypto derivatives market is a fast-evolving space, powering everything from leveraged trading to options and perpetual futures. While the giants like dYdX and GMX lead the sector, there’s a new wave of under-the-radar projects innovating in the derivatives landscape. With market caps below $1 million, these tokens represent high-risk, high-reward plays with serious upside potential if adoption kicks in. Here are 4 derivatives tokens flying low but worth a closer look. Deri Protocol ($DERI) Unit Price: $0.003782 Market Cap: $471.7K Volume (24H): $88.17K Deri Protocol operates as a decentralized platform designed for trading crypto derivatives. It is built on The post 4 Derivatives Tokens Below 1M Market Cap To Check Out appeared first on The Merkle News.

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themerkle.com 5 Derivatives Tokens Below 1M Market Cap To Check Out

The crypto derivatives market is a fast-evolving space, powering everything from leveraged trading to options and perpetual futures. While the giants like dYdX and GMX lead the sector, there’s a new wave of under-the-radar projects innovating in the derivatives landscape. With market caps below $1 million, these tokens represent high-risk, high-reward plays with serious upside potential if adoption kicks in. Here are 5 derivatives tokens flying low but worth a closer look. Deri Protocol ($DERI) Unit Price: $0.003782 Market Cap: $471.7K Volume (24H): $88.17K Deri Protocol operates as a decentralized platform designed for trading crypto derivatives. It is built on The post 5 Derivatives Tokens Below 1M Market Cap To Check Out appeared first on The Merkle News.

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bitcoinist.com Crypto Inflows Hit $2.7B in One Week, What Are Institutions Buying?

Crypto asset investment products saw continued momentum last week, with $2.7 billion in net inflows reported across major funds. According to data from CoinShares, this marks the 11th consecutive week of inflows, bringing the year-to-date total to $16.9 billion. The sustained interest has been led by institutional players such as BlackRock, Fidelity, Grayscale, Bitwise, ProShares, […]

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themerkle.com Top 5 Layer2 Blockchain Tokens Below 5M Market Cap To Watch

As Ethereum scalability becomes a pressing need, Layer 2 solutions are stepping up with faster, cheaper transactions and innovative scaling technologies. While the major players dominate headlines, several low-cap Layer 2 tokens are quietly building momentum. With market caps under $5 million, these projects offer high-upside potential for early adopters betting on the next wave of blockchain infrastructure. Here are the top 5 you should have on your radar. Note: This list is sorted in no particular order  Moonveil ($MORE) Unit Price: $0.02094 Market Cap: $3.76M Volume (24H): $12.6M Moonveil.gg is a full-stack Web3 gaming ecosystem combining original & third-party The post Top 5 Layer2 Blockchain Tokens Below 5M Market Cap To Watch  appeared first on The Merkle News.

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