CabbageTech CEO Sentenced to 33 Months in Prison After Pleading Guilty in Fraud Case – CoinDesk

Patrick McDonnell was sentenced to 33 months in federal prison Thursday after pleading guilty to charges of defrauding investors in his crypto trading firm CabbageTech, otherwise known as Coin Drop Markets. McDonnell was also ordered to pay back his victims $224,352, according to the U.S. Attorney’s Office for the Eastern District of New York. Thursday’s […]

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Bakkt Goes Live With Options, Cash-Settled Futures Products – CoinDesk

Barely three months after launching its long-anticipated physically settled bitcoin futures product, the Intercontinental Exchange’s Bakkt has gone live with its bitcoin options and cash-settled futures contracts. The New York Stock Exchange’s sister firm announced in a blog post Monday that it’s using its physically settled bitcoin contracts as a benchmark to support the new […]

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