FTX

Senate FTX Crypto Hearing Pits Blockchain Promoters Against Skeptics

Senate FTX Crypto Hearing Pits Blockchain Promoters Against Skeptics
Senate FTX Crypto Hearing Pits Blockchain Promoters Against Skeptics
December 14, 2022  |  Cryptocurrency

Another day, another congressional committee hearing on the FTX crypto collapse. Fresh off of Tuesday’s (Dec. 13) House Financial Services Committee hearing covering the collapse...

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Binance CEO Changpeng Zhao Says Crypto Industry Faces ‘Tough Questions’
Binance CEO Changpeng Zhao Says Crypto Industry Faces ‘Tough Questions’
December 14, 2022  |  Cryptocurrency

Binance CEO Changpeng Zhao said the cryptocurrency exchange will ride out the current crypto winter. In a Tuesday (Dec. 13) memo to Binance staff that...

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FTX Crypto Founder Denied Bail, Will Spend Holidays in Bahamian Jail
FTX Crypto Founder Denied Bail, Will Spend Holidays in Bahamian Jail
December 13, 2022  |  Cryptocurrency

The former billionaire founder of the failed FTX crypto exchange has been denied bail.   As a result, Sam Bankman-Fried will spend the holidays in a...

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Key Takeaways From House Hearing on FTX Crypto Collapse
Key Takeaways From House Hearing on FTX Crypto Collapse
December 13, 2022  |  Cryptocurrency

Hearings into the FTX crypto collapse kicked off without input from now-jailed founder Sam Bankman-Fried. As reported by PYMNTS, the failed FTX founder faces eight...

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Crypto Exchange Binance Sees Spike in Withdrawals From Spooked Investors
Crypto Exchange Binance Sees Spike in Withdrawals From Spooked Investors
December 13, 2022  |  Cryptocurrency

Crypto exchange FTX has been criminally charged with being shot through with fraud from inception. The news, revealed in a federal indictment unsealed Tuesday morning...

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Non-US Customers of FTX Forming Official Committee
Non-US Customers of FTX Forming Official Committee
December 13, 2022  |  Legal & Regulation

International customers of FTX.com are creating a committee to represent them in the firm’s Chapter 11 case. Customers from outside the United States have interests...

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FTX Crypto Founder Hit With Eight Counts of Fraud and Conspiracy
FTX Crypto Founder Hit With Eight Counts of Fraud and Conspiracy
December 13, 2022  |  Legal & Regulation

Sam Bankman-Fried has been arrested in the Bahamas on charges filed by U.S. prosecutors. He reportedly awaits extradition to the United States from the Bahamas,...

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Canada Expands Oversight Into Crypto Platforms
Canada Expands Oversight Into Crypto Platforms
December 13, 2022  |  Cryptocurrency

Canada has joined a list of countries increasing oversight into cryptocurrencies following the FTX collapse. The Canadian Securities Administrators (CSA) said in a Monday (Dec....

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