[Dec 17, 2022 5:30 AM] The fallout from the collapse of failed crypto exchange FTX is forcing Web3 brands, and projects previously focused on managing the public’s perception, to concentrate on fighting for their very legitimacy, Laura K. Inamedinova, a Web3…
[Dec 16, 2022 10:42 PM] Three democratic committees, the DNC, the DSCC and the DCCC, pledged to return SBF’s political donations after the entrepreneur was charged with eight counts of financial crimes.
[Dec 16, 2022 4:48 PM] Will your losses to FTX be classified as capital losses or as a “theft loss” that involved a Ponzi scheme? Either way, you’ll probably win.
[Dec 16, 2022 12:30 PM] Amid the market chaos within the crypto economy and following the climactic FTX collapse, the crypto asset solana has been one of the hardest hit during the last 30 days. Since FTX’s fallout, the digital currency lost 8.5% over the last…
[Dec 16, 2022 11:00 AM] According to lawyers representing FTX's provisional liquidators, allegations that Bahamian officials were giving residents preferential treatment were “wholly without merit”.
[Dec 16, 2022 3:59 AM] The new funding from Fenbushi aims to help Amber address some of the “significant drawdowns” as an aftermath of the FTX default.
[Dec 15, 2022 9:43 PM] Bahamas media reports that Sam Bankman-Fried lodged a new bid for bail just two days after a judge denied his previous application and called the FTX founder a flight risk.
[Dec 15, 2022 3:15 PM] Sam Bankman-Fried faces eight accusations and could get 115 years in jail, but a final sentence could take months or even years.
[Dec 15, 2022 12:31 PM] The committee would play a role in representing creditors who lost funds or were otherwise affected by the downfall of FTX, reported to be one million people.
[Dec 15, 2022 6:30 AM] Germany’s financial watchdog has issued a call for global regulation of the crypto industry in the aftermath of the FTX collapse. The hands-off approach was wrong, the head of the agency says, insisting it’s time to protect consumers as the sector…
[Dec 14, 2022 10:30 PM] Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has told U.S. Congress that he believes the collapsed crypto exchange FTX failed because rival Binance intentionally put it out of business. He said former FTX CEO Sam Bankman-Fried (SBF) told…
[Dec 14, 2022 10:15 PM] Court filings show Ryan Salame tipped off the Bahaman securities regulator, telling them that FTX was sending customer funds to Alameda Research.
[Dec 14, 2022 9:36 PM] Tom Emmer is considering reintroducing a bill that removes the requirement for entities to be registered as money transmitters if they don’t handle customer assets.
[Dec 14, 2022 9:22 PM] A former FTX employee has revealed details regarding the lavish expenditures of the exchange as well as its intense company culture.
[Dec 14, 2022 5:00 PM] Binance founder Changpeng Zhao (CZ) has reportedly told staff to expect some difficult months as the leading cryptocurrency exchange is seeing customer withdrawals. The warning comes while the crypto industry is facing challenges after high-profile…
[Dec 14, 2022 3:57 PM] Bahamian Commissioner of Correctional Services Doan Cleare reportedly said that most of the facilities had been renovated since 2021 and now had no “issues with rodents."
[Dec 14, 2022 8:48 AM] In Latin America, "crypto is functional, it has a real utility." It can hedge inflation, provide access to dollars and internationalize wealth.
[Dec 14, 2022 6:20 AM] CFTC court filing outlines a murky relationship between FTX and Alameda Research, highlighting the latter’s unfair trading advantage and misappropriation of user funds.
[Dec 14, 2022 3:00 AM] While Congressman Brad Sherman saw SBF as the poster child of the crypto ecosystem, congressman Tom Emmer highlighted the crypto community's contribution to uncovering the supposed FTX fraud.
[Dec 14, 2022 2:40 AM] Bahamian regulators said that they were the first to take action against SBF, and recent actions of the current CEO hindered their investigation.
[Dec 14, 2022 1:40 AM] After weeks of consolidation, Bitcoin – the largest cryptocurrency by market capitalization – and the broader cryptocurrency market have witnessed a short-term bounce in response to Consumer Price Index data that exceeded expectations…
[Dec 14, 2022 12:30 AM] A White House spokesperson dodged point-blank questioning on whether President Joe Biden is planning to return the political donations from SBF.
[Dec 13, 2022 8:30 PM] U.S. Congressman Tom Emmer has called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to testify before Congress and “answer questions about the cost of his regulatory failures.” The lawmaker stressed…
[Dec 13, 2022 3:31 PM] Pro traders aren’t buying ETH’s recent rally to $1,350 and data shows they expect Ether price to retrace if Fed chair Powell takes a hawkish tone on Wednesday.
[Dec 13, 2022 2:58 PM] Damian Williams called on individuals who may have been involved in alleged illegal actions at FTX and Alameda to “come see us before we come see you,” hinting at future arrests.
[Dec 13, 2022 2:47 PM] Critics have suggested that the collapse of FTX demonstrates flaws with Bitcoin, but this is a misunderstanding of its fundamentals.This is an opinion editorial by Pierre Rochard, the Vice President of Research at Riot.Ben Sixsmith has published a…
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