Tag: CEO

SafeMoon CEO Given 8-Year Jail Time Over Crypto Scam

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Former SafeMoon CEO Braden Karony has been sentenced to 100 months in prison for stealing $9 million from the crypto platform’s liquidity pool in 2021 to fund a “lavish lifestyle.” The sentence on Monday comes nine months after Karony was convicted by a federal jury on charges of conspiracy to commit securities fraud, wire fraud and money laundering in May 2025.  “Not only did Braden John Karony abuse his position as CEO, but he also betrayed his investors’ trust by stealing more than nine million dollars in digital assets from…

Crypto Industry Heading For ‘Massive Consolidation,’ Says Bullish CEO

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The crypto industry is likely to see more projects snapped up by larger companies, which may lead to a much less fragmented sector in the months ahead, says Bullish CEO Tom Farley. “I was in the exchange sector during continual massive consolidation…the same thing is going to happen starting right now in crypto,” Farley said during an interview on CNBC on Friday. Farley, who served as president of the New York Stock Exchange (NYSE) until 2018, said the recent drop in the crypto market will be a key catalyst, with…

Nvidia CEO says AI data center spending will last 7–8 years amid $650B capex boom

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Nvidia CEO Jensen Huang pushed back on investor concerns about overbuilding data center capacity, calling the current wave of AI infrastructure spending both sustainable and necessary. “The demand is just incredibly high,” Huang said on CNBC, adding that the AI buildout will continue for seven to eight years. He characterized the effort as a “once in a generation infrastructure buildout.” The comments came as Nvidia shares rebounded sharply Friday, jumping as much as 7.5% in their biggest intraday gain since April. The rally added more than $300 billion in market…

Crypto.com CEO unveils new AI platform that builds intelligent agents for consumers

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Kris Marszalek, who built Crypto.com into a global crypto powerhouse, is turning his attention to AI. The entrepreneur said Friday his AI platform ai.com is set to roll out its Autonomous AI agent offering that lets consumers create autonomous agents capable of executing tasks on their behalf. Marszalek acquired the ai.com domain in 2025 and has since expanded its AI-focused team and product offerings. The new platform aims to bring AI agents into everyday use, while building a network effect that allows agents to continuously learn and improve. “We are…

Bitcoin’s biggest risk is governance, not quantum computing, says Galaxy CEO

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Galaxy Digital CEO Mike Novogratz says quantum computing is being used as a selling narrative, but he expects Bitcoin to upgrade to quantum-resistant tech in time. The billionaire does not view quantum advances as a long-term threat to the digital asset. “The story in layman’s terms, which has always been told to me by the ‘smart guys,’ who in and around the Bitcoin core developers is, as we get closer to quantum, we’re going to get closer to quantum resistant and you will have the Bitcoin code changed in time,”…

CEO Of BitRiver Reportedly On House Arrest Amid Tax Evasion Charges

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The Zamoskvoretsky Court in Moscow has reportedly ordered BitRiver CEO Igor Runets to remain under house arrest amid tax evasion charges.   The founder and CEO of Russian Bitcoin mining firm BitRiver, Igor Runets, has reportedly been detained and charged with multiple counts of tax evasion.  According to reports from local media outlets such as RBK and Kommersant on Sunday, Runets was detained on Jan. 30 and is facing three charges for allegedly concealing assets to evade taxes. The outlets cite court documents from the Zamoskvoretsky Court of Moscow, which indicate…

OKX CEO blames irresponsible USDe yield campaigns for October flash crash

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OKX CEO Star Xu said the October 10 crash was not an accident but was the result of high-risk yield campaigns tied to USDe that normalized hidden leverage, pushing back after Binance released a report attributing the turbulence to macroeconomic shocks and market-structure issues. In a statement issued on Friday, Xu argued that the incident, which triggered over $19 billion in liquidations within 24 hours and affected 1.6 million traders, “was caused by irresponsible marketing campaigns by certain companies.” “We observed clearly that the crypto market’s microstructure fundamentally changed after…

Tokenization May Stop Stock Trading Freezes: Robinhood CEO

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Tokenized stocks could help prevent the trading freezes that commonly occur on traditional exchanges, such as the meme stock halt on GameStop years ago that locked out traders, says Robinhood CEO Vlad Tenev. Tenev said in an X post on Wednesday that the GameStop trading freeze in 2021 was “one of the strangest and most visible equity market failures in recent history,” caused by complicated rules stemming from the two-day stock settlement period at the time.  “What happens when you combine slow, outdated financial infrastructure with unprecedented trading volume and…

CertiK CEO Says Company is Definitely Eyeing an IPO

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Speaking from Davos on Thursday, co-founder and CEO Ronghui Gu said a CertiK public listing would represent a significant advancement for companies involved in Web3. Blockchain security company CertiK is keeping the door open to a future initial public offering, according to co-founder and CEO Ronghui Gu. Speaking in an interview with Acumen Media on Thursday at the World Economic Forum in Davos, Switzerland, Gu said CertiK’s valuation stands at about $2 billion and that pursuing a public listing would be a natural step for the company. However, the CEO…

Circle CEO Frames Stablecoins as Neutral Infrastructure

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Circle CEO Jeremy Allaire said the company views its dollar-pegged stablecoin as neutral financial infrastructure with network effects, rather than a product meant to compete with existing payment companies. Speaking on CNBC’s Squawk Box during the World Economic Forum at Davos, Switzerland, Allaire said Circle does not view card networks such as Visa or Mastercard as competitors, describing them instead as “significant partners.” According to Allaire, stablecoins are “network effect businesses,” with usage and circulation increasing as more developers and institutions integrate, adding that Circle operates as a “neutral company” that does not compete with banks, payment companies or exchanges. He…