CRYPTOCURRENCY

North Dakota bill takes aim at crypto fraud with new consumer protections

Josh Askvig, state director of AARP North Dakota, speaks during a committee hearing on digital currency kiosks on Jan. 22, 2025. (Michael Achterling/North Dakota Monitor)BISMARCK, N.D. (North Dakota Monitor) — A bill debated Wednesday by North Dakota lawmakers aims to protect residents from cryptocurrency scams. House Bill 1447 would add new requirements for crypto kiosks – or ATMs for digital currency…

Prosecutor opens trial for FTX founder Sam Bankman-Fried saying he stole at least $10 billion

(AP Photo/Marry Altaffer)NEW YORK, N.Y. (AP) – A prosecutor opened a fraud trial Wednesday by telling jurors that FTX founder Sam Bankman-Fried was on top of the world a year ago, hobnobbing with celebrities, before his historic fraud was exposed, leaving customers and investors without at least $10 billion they thought was secure. A defense lawyer insisted his client didn’t steal from…

Minnesota utility will keep stake in North Dakota coal plant

MINNEAPOLIS (AP) — A Minnesota utility has reversed its decision to divest from a large North Dakota coal-fired power plant, citing new risks in the Midwest electricity market and new customers. Fergus Falls-based Otter Tail Power announced in 2021 that it would sell its minority stake in the Coyote Station Power Plant in Beulah, North Dakota, and end its involvement with the…