3 / 3 Relevant items tagged with #California
Posts: 65
Posts
Bankruptcy Lawyers Say FTX Was Operated by ‘Inexperienced and Unsophisticated Individuals’
[Nov 23, 2022 11:30 AM] On Tuesday, the attorneys representing FTX told the court that a “substantial amount of assets have either been stolen or are missing” and further stressed to the bankruptcy court that FTX executives left the lawyers James Bromley and Sullivan…
California AG issues warning-ladened guidance for public interested in buying crypto
[Nov 15, 2022 3:45 PM] In an effort to help consumers “avoid the hype, [and] get the facts,” Rob Bonta has created a page on crypto buying dominated by lists of scams, red flags and other unpleasantness.
California Regulator Reveals Investigation Into FTX’s Failure, Says ‘Crypto Assets Are High-Risk Investments’
[Nov 11, 2022 8:00 AM] After it was discovered that FTX was dealing with financial issues and the crypto exchange paused withdrawals, U.S. regulators started to take notice. On Nov. 10, 2022, California’s Department of Financial Protection and Innovation (DFPI) published…
California regulators to investigate FTX crypto exchange collapse
[Nov 11, 2022 2:36 AM] The California DFPI announced it will open up an investigation as to the “apparent failure” of FTX and says it takes this oversight very seriously.