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Elizabeth Warren Demands U.S. CFTC Chair Explain His Chats With SBF

[Apr 15 1:33 PM] The head of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, had a lot of contact with Sam Bankman-Friend, the disgraced former CEO of FTX, but lawmakers suggest he hasn't been fully forthcoming about those interactions. So…

Ledger vulnerability put entire DApp ecosystem at risk: Finance Redefined

[Dec 15, 2023 2:25 PM] The Ledger connector vulnerability put the entire DeFi ecosystem at risk, with market experts asking users to remain cautious of using DApps even after Ledger released a patch.

LedgerX highlights CFTC regulatory gap in customer asset rules

[Nov 4, 2023 1:49 AM] The new CFTC proposal enhances rules for FCMs and DCOs, mandating high liquidity in customer fund investments.

Ex-FTX Unit LedgerX in Gray Area Beyond CFTC Proposal on Customer Funds: Commissioner

[Nov 3, 2023 12:03 PM] The U.S. Commodity Futures Trading Commission (CFTC) proposed a rule change Friday on how customer funds should be invested by firms the agency oversees – futures commission merchants (FCMs) and derivative clearing organizations (DCOs).

FTX Employees Knew About the Backdoor to Alameda Months Before Collapse: WSJ

[Oct 5, 2023 5:10 AM] The employees flagged their discovery to one of FTX's director of engineering Nishad Singh but the problem never got fixed.

MIAX completes acquisition of FTX subsidiary LedgerX

[May 19, 2023 11:30 AM] The deal was announced in April and approved by the bankruptcy judge on May 4.

Ledger’s Hard Lesson: Being Right Isn't Good Enough

[May 19, 2023 11:19 AM] Public communication doesn’t work like computer code. The French hardware wallet maker learned that the hard way.

FTX bankruptcy judge approves sale of LedgerX

[May 4, 2023 1:30 PM] The judge said he read all the papers and declarations related to the FTX debtors’ motion for the sale of LedgerX and was “satisfied” with the proceedings.

FTX sells LedgerX for $50M to affiliate of Miami-based exchange holding company

[Apr 25, 2023 3:58 PM] The futures and options exchange was purchased by FTX.US in 2021 to expand its spot trading services. Three other FTX assets remain up for sale.

FTX's LedgerX Derivatives Exchange Sold to Miami International Holdings in Bankruptcy Auction

[Apr 25, 2023 2:35 PM] FTX.US last purchased Ledger Holdings, the parent company of LedgerX, for $298 million in October 2021, according to audited financial documents viewed by CoinDesk.

Coinbase Severs Ties With Silvergate Bank Amidst JPMorgan Downgrade and Delayed SEC Filing

[Mar 2, 2023 2:30 PM] On March 2, 2023, the cryptocurrency exchange Coinbase announced that, in light of recent developments, the company is “no longer accepting or initiating payments to or from Silvergate Bank.” The news follows the crypto bank’s…

CFTC's Johnson urges Congress for expanded powers in crypto oversight

[Jan 26, 2023 7:47 PM] Johnson wants to protect customers in a way that reduces the risk of crises, and proposes a number of amendments to existing crypto regulation.

FTX units on auction block draws 117 interested buyers: Court filing

[Jan 9, 2023 10:34 PM] Four businesses up for sale as part of bankruptcy proceedings include Embed, LedgerX, FTX Japan and FTX Europe.

Rostin Behnam points to CFTC-regulated LedgerX as success story amid FTX collapse

[Dec 1, 2022 11:45 AM] "The customer property at LedgerX — the CFTC regulated entity — has remained exactly where it should be, segregated and secure," said Rostin Behnam in a hearing on FTX's failures.

Troubled Crypto Exchange FTX Files for Chapter 11 Bankruptcy Protection, CEO Steps Down

[Nov 11, 2022 9:00 AM] The embattled crypto exchange FTX has informed the public that the FTX parent firm West Realm Shires Services, Alameda Research, and approximately 130 additional affiliated companies have filed for Chapter 11 bankruptcy protection in Delaware…

From a $32 Billion Valuation to Financial Troubles: An In-Depth Look at the Rise and Fall of FTX

[Nov 10, 2022 9:00 AM] During the last two days, the cryptocurrency community has been dealing with the FTX fiasco after Binance revealed that it was backing out of the deal to acquire the rival exchange. Between Nov. 8-9, the crypto economy shed more than $230 billion…