Disgraced FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison and an $11.02 billion fine, Judge Lewis A. Kaplan ruled in Manhattan federal courthouse Thursday morning.

Stratis, a blockchain company specializing in flexible and modular enterprise-grade solutions, has achieved a significant milestone by receiving Virtual Asset Service Provider (VASP) registration from the Banco de España, the central bank of Spain. This registration officially recognizes Stratis as a registered blockchain platform operating in the country.

The first quarter of this year has seen $336 million lost to Web3 hackers and fraud, with nearly half of the capital stolen in January alone. Nonetheless, the number represents a 23% decrease compared to the first quarter of 2023, according to the latest report by bug bounty and security services platform Immunefi.

HashKey Exchange has formed a strategic partnership with Victory Securities to enhance virtual asset services in Hong Kong.

Starting in January 2025, crypto firms seeking to operate in Indonesia must undergo evaluation in a regulatory sandbox before being licensed. This regulatory change will come into effect as supervision of the crypto industry transitions to the Financial Services Authority (OJK).

KuCoin, a cryptocurrency exchange, has announced an airdrop of Bitcoin and its native KuCoin (KCS) token, totaling $10 million, to their loyal customers, despite recent US DOJ charges.

Both the US and the UK foreign sanctions bodies have targeted online media outlet Gaza Now for aiding Hamas fundraise $21,000 in crypto.

BlackRock‘s foray into blockchain with its tokenized fund BUIDL has quickly captured investors’ attention, securing $240 million in deposits.

A South Korean civil servant was arrested on March 27 on charges of committing crypto-related fraud and carrying out voice phishing attacks.

The Hague Conference on Private International Law (HCCH) has initiated a project on digital asset tokenization. It aims to bring legal clarity to cross-border businesses engaging with digital assets.

Laser Digital – the crypto-focused subsidiary of Japanese asset manager Nomura – has launched an institutionally focused liquid staking fund on Polygon in collaboration with TruFin.

Russian government bodies, the nation’s anti-money laundering agency, and the Central Bank have reportedly “come to a consensus” on crypto policy.

Judge Katherine Polk Failla of the US District Court of the Southern District of New York ruled on March 27 that the US Securities and Exchange Commission (SEC) and Coinbase lawsuit can proceed.

Sam Bankman-Fried’s legal team has submitted several last-minute letters of support for the disgraced FTX founder in hopes of leniency at his March 28 sentencing, court documents filed Wednesday reveal.

Layer 1 blockchain Sui announced a partnership and collaboration with the banking service provider Revolut.