FTX

Current and Former FTX CEOs to Testify Dec. 13 
Current and Former FTX CEOs to Testify Dec. 13 
December 09, 2022  |  Cryptocurrency

The current and former CEOs of FTX are to testify before a Congressional committee.  FTX Group founder and former CEO Sam Bankman-Fried and current FTX...

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Tweet It to Believe It: SBF Speaking at House Hearing
Tweet It to Believe It: SBF Speaking at House Hearing
December 09, 2022  |  Cryptocurrency

The one-time billionaire founder of failed Crypto exchange FTX, Sam Bankman-Fried, is heading to Washington. This, as the fallen king of crypto tweeted to Congresswoman and...

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Crypto’s Offshore And Off-Book Habits Raise Challenges for US Regulators
Crypto’s Offshore And Off-Book Habits Raise Challenges for US Regulators
December 08, 2022  |  Cryptocurrency

FTX’s implosion has shown how much the crypto industry thrived between regulatory and jurisdictional gaps. It has also revealed the dangers inherent to consumers that...

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Federal Prosecutors Meet With FTX Bankruptcy Team
Federal Prosecutors Meet With FTX Bankruptcy Team
December 08, 2022  |  Cryptocurrency

FTX’s new CEO has reportedly met with federal prosecutors.  John J. Ray III — who was appointed FTX’s CEO last month — and bankruptcy lawyers...

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Senators Ask Regulators About Bank-Crypto Firm Ties
Senators Ask Regulators About Bank-Crypto Firm Ties
December 08, 2022  |  Cryptocurrency

Two senators are asking regulators about links between banks and cryptocurrency firms.  In letters sent Wednesday (Dec. 7) to the heads of the Federal Reserve...

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Stifel CEO Tells Crypto Industry, ‘Make Us Trust You’
Stifel CEO Tells Crypto Industry, ‘Make Us Trust You’
December 08, 2022  |  Cryptocurrency

We’re living in a post-FTX world, and regulatory agencies need to keep it that way. That’s the present mindset of Ron Kruszewski, the chairman and...

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US Prosecutors Investigating FTX Role in TerraUSD and Luna Fall 
US Prosecutors Investigating FTX Role in TerraUSD and Luna Fall 
December 07, 2022  |  Cryptocurrency

Prosecutors are reportedly investigating whether FTX was involved in the collapse of TerraUSD and Luna.  The New York Times reported Wednesday (Dec. 7) that U.S....

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ECB Board Member Says Crypto is ‘House of Cards’ 
ECB Board Member Says Crypto is ‘House of Cards’ 
December 07, 2022  |  Cryptocurrency

Regulation and a better alternative are the answers to the current turmoil in the crypto market.  So said Fabio Panetta, a member of the executive board...

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Auditors Say Binance Has Proper Bitcoin Reserves
Auditors Say Binance Has Proper Bitcoin Reserves
December 07, 2022  |  Cryptocurrency

Auditors working for crypto giant Binance say the company holds enough bitcoin as collateral. The auditing firm Mazars released the results of its look at Binance’s bitcoin reserve...

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