Hong Kong jails former banker over $1.6B false credit, cryptocurrency bribes: Report
Former banking official gets four years in prison over false letters of credit and accepting $470,000 in cryptocurrency bribes.
Last updated: 2026-09-21 14:35:00 ET
Former banking official gets four years in prison over false letters of credit and accepting $470,000 in cryptocurrency bribes.
Sigel said that conversations with institutional clients, from advisors to sovereign wealth funds indicate that they are all buying bitoin.
The cryptocurrency industry just suffered a major defeat in a bill they had badly wanted to get through the Senate. It's the latest setback in a terrible year for the sector.
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