Category: SAM

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Former CEO of Miami Investment Firm Pleads Guilty to Crypto Futures Fraud Conspiracy

October 14, 2023

The former CEO of Systematic Alpha Management LLC (SAM) pleaded guilty to a conspiracy to commit commodities fraud involving crypto futures contracts, and he is potentially facing up to a five-year prison sentence. On October 13, the United States Department of Justice said that Peter Kambolin, the former CEO of a Miami-based investment firm, was…
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Samsung investment arm considering spot-Bitcoin ETF in Hong Kong

January 13, 2023

With the Hong Kong Stock Exchange being the only regulated exchange in Asia offering Bitcoin futures ETFs, some believe spot crypto ETF products will soon be allowed. Hot on the heels of its Bitcoin (BTC) futures exchange-traded fund (ETF) in Hong Kong, Samsung Asset Management has indicated it’s considering the launch of a spot Bitcoin…
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