FTX

FTX Inquiry Sets Stage for Regulatory Turf War
FTX Inquiry Sets Stage for Regulatory Turf War
December 01, 2022  |  Cryptocurrency

Sam Bankman-Fried (SBF) isn’t the only one going in front of an audience this week. Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam appeared before...

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Tether Stablecoins Face Renewed Scrutiny Post-FTX
Tether Stablecoins Face Renewed Scrutiny Post-FTX
December 01, 2022  |  Cryptocurrency

Tether, an asset-backed cryptocurrency stablecoin, has been lending its coins to customers. That’s according to a new report by the Wall Street Journal (WSJ) today (Dec. 1)....

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FTX Collapse Brings Crypto Investment Assets to 2-Year Low
FTX Collapse Brings Crypto Investment Assets to 2-Year Low
December 01, 2022  |  Cryptocurrency

Cryptocurrency investment-product assets are at a two-year low thanks to the collapse of FTX. That’s according to a Thursday (Dec. 1) report from Bloomberg, which...

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Senate Agriculture Committee To Grill U.S. Financial Regulator Over FTX
Senate Agriculture Committee To Grill U.S. Financial Regulator Over FTX
December 01, 2022  |  Cryptocurrency

The first congressional inquiry into what went wrong at FTX is happening today (Dec. 1). In what is sure to be just one of many such hearings investigating the...

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Why Can’t Bankman-Fried Stop Talking?
Why Can’t Bankman-Fried Stop Talking?
November 30, 2022  |  Cryptocurrency

FTX’s sullied ex-CEO, truly a trader at heart, won’t stop taking giant risks. Pleading the fifth may well be one of the best-known pieces of...

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Bankman-Fried Sidesteps Criminal Liability During Live Q&A 
Bankman-Fried Sidesteps Criminal Liability During Live Q&A 
November 30, 2022  |  Cryptocurrency

FTX Founder Sam Bankman-Fried reportedly answered questions at an event, despite his lawyers’ advice.  During the question-and-answer session at the DealBook Summit, Bankman-Fried said a...

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European Commission Says MiCA Oversight Would Have Prevented FTX Collapse
European Commission Says MiCA Oversight Would Have Prevented FTX Collapse
November 30, 2022  |  Cryptocurrency

An EU official has said that the MiCA regime would have prevented FTX’s failures. Speaking at a hearing of the European Parliament’s Committee on Monetary...

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FTX Collapse Has Historical Parallels; Will We Learn From Them?
FTX Collapse Has Historical Parallels; Will We Learn From Them?
November 30, 2022  |  Cryptocurrency

As details emerge surrounding the collapse of crypto trading firm FTX, investors should believe them. In much the same way as Shakespeare’s famous adage states...

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BlockFi Looks to Recoup $680M Lost in FTX Collapse
BlockFi Looks to Recoup $680M Lost in FTX Collapse
November 29, 2022  |  Cryptocurrency

BlockFi reportedly will try to collect $680 million from Alameda Research.  The bankrupt cryptocurrency lender told a federal judge that Alameda, the bankrupt trading operation...

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