FTX

Crypto Firms Put New Oversights in Place After FTX’s Downfall
Crypto Firms Put New Oversights in Place After FTX’s Downfall
December 05, 2022  |  Cryptocurrency

Cryptocurrency companies are establishing verification measures to reassure customers following the FTX implosion. Companies such as Binance and Crypto.com have hired outside auditors to provide...

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FTX Founder Will Testify Before Congress After ‘Learning and Reviewing’
FTX Founder Will Testify Before Congress After ‘Learning and Reviewing’
December 05, 2022  |  Cryptocurrency

FTX’s founder has indicated he’ll eventually appear before a congressional committee investigating his company. On Twitter Sunday (Dec. 4), Sam Bankman-Fried responded to Rep. Maxine...

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FTX Bankruptcy Sparks Worldwide Disputes Between Governments and New CEO
FTX Bankruptcy Sparks Worldwide Disputes Between Governments and New CEO
December 04, 2022  |  Cryptocurrency

The fall of FTX has reportedly set off clashes between its CEO and overseas regulators. John J. Ray III took over as FTX’s chief executive...

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Crypto Exchange Gemini Seeks to Recover $900M Invested in Genesis
Crypto Exchange Gemini Seeks to Recover $900M Invested in Genesis
December 04, 2022  |  Cryptocurrency

Crypto broker Genesis owes $900 million to the Winklevoss twins’ Gemini exchange. A report Saturday (Dec. 3) by the Financial Times (FT) says brothers Tyler...

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Former FTX US President Aims to Build Crypto Trading Software
Former FTX US President Aims to Build Crypto Trading Software
December 02, 2022  |  Cryptocurrency

FTX US’s former president is reportedly seeking to raise money for a new cryptocurrency startup. Brett Harrison wants to build crypto trading software for big...

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A Tiny Washington Bank’s Crypto Entanglements Add to FTX Mystery
A Tiny Washington Bank’s Crypto Entanglements Add to FTX Mystery
December 02, 2022  |  Cryptocurrency

As has often been the story at FTX, nothing really adds up. Given the lack of clarity surrounding the events that led to the cryptocurrency...

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US Attorney Vacuums Information From FTX Investors, Crypto Traders
US Attorney Vacuums Information From FTX Investors, Crypto Traders
December 02, 2022  |  Cryptocurrency

Firms that worked with FTX are reportedly being asked to voluntarily give information to U.S. authorities. The U.S. Attorney’s Office for the Southern District of...

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DOJ Circles the Wagons on FTX
DOJ Circles the Wagons on FTX
December 02, 2022  |  Cryptocurrency

The U.S. Department of Justice wants an independent examiner to look into FTX.  In a Thursday (Dec. 1) filing in bankruptcy court, U.S. Trustee Andrew...

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DeFi Could Herald End of Centralized Exchange, Binance Exec Says
DeFi Could Herald End of Centralized Exchange, Binance Exec Says
December 01, 2022  |  Cryptocurrency

Binance is reportedly working on “proof of reserves” to reassure customers after FTX’s collapse.  Also, a company executive said that with the emergence of decentralized...

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