FTX

Crypto Firms Put New Oversights in Place After FTX’s Downfall

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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