The Texas-based bitcoin miner has suffered from this year's crypto rout and high electricity costs.
Sam Bankman-Fried "isn't getting any special treatment," according to The Bahamas Acting Commissioner of Corrections Doan Cleare.
"The entire operation was iconically and moronically inefficient—but equally mesmerizing," Danielle Cloud said.
Bitcoin mining facilities in the U.S. use up to 1.4% of domestic electricity, producing greenhouse gas emissions equivalent to seven million gasoline-powered cars.
A code extracted from the recent version of Twitter unveiled a vector image depicting the coin, which is a possible crypto integration.
Billionaire investor Mark Mobius has been highly vocal on crypto price predictions lately. According to him, the crypto winter is set to deepen.
South Africa is trying to seal legislative holes by bringing tighter regulations on crypto.
Few reports claim that Indian users managed to stay unscathed from the hard hit of the crypto billion-dollar wipeout.
"Singapore places a more stringent approach compared to its counterparts with good intentions to protect consumers," crypto platform Luno said.
The shares of the Coinbase crypto exchange plummeted to a new low of $41.23.
Earlier this month, Coinbase CEO Brian Armstrong criticized Singapore's crypto regulation, stating that the city-state is not allowing retail trading.
The startup held a "significant proportion of stablecoin investment" on the bankrupt FTX exchange.
A reading of FTX's "terms of service" shows that customer funds are not the property of FTX.