FTX collapse

Stablecoin Debate Divides Along Party Lines During House Hearing
Stablecoin Debate Divides Along Party Lines During House Hearing
April 19, 2023  |  Cryptocurrency

The political parties are reportedly divided over potential congressional action on stablecoin regulations. During a Wednesday (April 19) hearing in the House, Republicans favored reviving...

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Report Highlights FTX’s Odd Practices Around Security and Financial Controls
Report Highlights FTX’s Odd Practices Around Security and Financial Controls
April 10, 2023  |  Cryptocurrency

FTX-affiliated Alameda Research was “hilariously beyond any threshold” of auditors, Sam Bankman-Fried reportedly said. That comment in an internal email before the bankruptcy filings of...

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Tiny Modulo Capital Returns Huge FTX Investment to Debtors
Tiny Modulo Capital Returns Huge FTX Investment to Debtors
March 23, 2023  |  Cryptocurrency

It’s been a busy week for John J. Ray III and his team. The man who unwound the Enron disaster, and is now responsible for...

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Ongoing Crypto Crackdown Foreshadows Industry’s Uncertain Future
Ongoing Crypto Crackdown Foreshadows Industry’s Uncertain Future
March 03, 2023  |  Cryptocurrency

The cryptocurrency sector has yet to pull the proverbial magic rabbit from its top hat. The audience, having purchased tickets to the show, are now...

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FTX Looks to Recover $400M From Hedge Fund Modulo
FTX Looks to Recover $400M From Hedge Fund Modulo
February 15, 2023  |  Legal

FTX is reportedly negotiating the return of $400 million invested by its disgraced founder. Sam Bankman-Fried invested that money in Brazilian hedge fund Modulo Capital, the New...

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The Four Cracks in the Crypto Business Model
The Four Cracks in the Crypto Business Model
February 10, 2023  |  Cryptocurrency

The four horsemen of the crypto apocalypse are currently trampling over the sector’s 2023 aspirations. This, as the post-FTX digital asset landscape finds itself facing...

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Patience Wearing Thin for Judge Overseeing Bankman-Fried FTX Case
Patience Wearing Thin for Judge Overseeing Bankman-Fried FTX Case
February 08, 2023  |  Legal

Sam Bankman-Fried is heading back to New York to face a federal judge once more.  This, as the disgraced FTX founder and his legal team...

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Signature Bank Sued for Allegedly ‘Facilitating’ FTX Fraud
Signature Bank Sued for Allegedly ‘Facilitating’ FTX Fraud
February 07, 2023  |  Cryptocurrency

Signature Bank is facing a federal lawsuit for its role in the collapse of FTX. The lawsuit, filed Monday (Feb. 6) by trading firm Statistica Capital, says the...

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Binance to Temporarily Suspend US Dollar Bank Transfers
Binance to Temporarily Suspend US Dollar Bank Transfers
February 06, 2023  |  Cryptocurrency

Cryptocurrency exchange Binance will temporarily suspend U.S. dollar bank transfers beginning Wednesday (Feb. 8). The company announced the move in a Monday (Feb. 6) post...

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