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This week, the jury declared FTX founder Sam Bankman-Fried guilty of all charges leveled against him. The market also sustained a bullish run, while the SEC continued its industry-wide crackdown. Sam Bankman-Fried found guilty After 18 days of trial, Sam Bankman-Fried was found guilty of all seven charges, triggering a reaction from the crypto community.  The verdict, scheduled for March 28, 2024, has created anticipation within the scene. Pro-crypto attorney John Deaton asserts that Bankman-Fried could face 30 to 40 years. Meanwhile, David Lesperance, Managing Director at Lesperance & Associates, sees a possible 20 year sentence. Bankman-Fried’s associates, Caroline Ellison, Gary Wang, and Nishad Singh, are likely to face sentencing, according to Bloomberg. These allies may avoid significant prison time, potentially serving in minimum security facilities for non-violent offenders. Bitcoin sustains rally, holds above $35K Bitcoin (BTC) experienced a bullish ...

Hackers are now distributing a Python app posing as a crypto arbitrage bot via a direct message on a public Discord server. The infamous North Korean hack group Lazarus Group now targets macOS blockchain engineers on Discord with a novel malware . According to cybersecurity firm Elastic Security Labs, the hackers have started distributing a Python-based application pretending to be a crypto arbitrage bot via direct messages on Discord servers. The analysts say the so-called Kandykorn malware is being distributed by North Korea given the “techniques, network infrastructure, code-signing certificates, and custom Lazarus Group detection rules.” “The DPRK, via units like the LAZARUS GROUP, continues to target crypto-industry businesses with the goal of stealing cryptocurrency in order to circumvent international sanctions that hinder the growth of their economy and ambitions.” Elastic Security Labs You might also like: Lazarus Group: hackers from c...