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Sam Bankman-Fried Switches Legal Counsel as Investigations Into FTX Collapse Mount: Report
18.11.2022
Former FTX CEO Sam Bankman-Fried will no longer be represented by his legal counsel at Paul, Weiss, Rifkind, Wharton & Garrison, a white-shoe law firm, less than a week after retaining the firm to represent him
US Senators Warren, Durbin Probe FTX Collapse
17.11.2022
After the spectacular implosion of FTX last week, questions about what brought the once-mighty exchange to its knees are swirling – and lawmakers want answers
CFTC Has ‘Boots on the Ground’ at FTX Subsidiary LedgerX
17.11.2022
Kristin N. Johnson said that the regulator is monitoring crypto clearinghouse LedgerX on a “daily if not hourly basis”
Binance’s Lack of Transparency on FTX Bid Could Influence UK Lawmakers' Crypto Recommendations: Report
17.11.2022
Treasury Committee member Alison Thewliss said the group felt Binance's submission on FTX was not detailed enough
Hong Kong Regulator Calls for Tough Rules Despite Crypto Hub Ambitions
17.11.2022
Julia Leung, deputy CEO of Hong Kong’s Securities and Futures Commission highlighted DeFi as an area in need of regulatory solutions
Bahamas Government May Have Directed 'Unauthorized' FTX Transactions, New Bankruptcy Filing Says
17.11.2022
The company says it has 'credible evidence' the Bahamas government directed unauthorized access to FTX systems after the company filed for bankruptcy in the U.S
Bitcoin, Ethereum Technical Analysis: BTC, ETH Decline as USD Strengthens Following Retail Sales Data
17.11.2022
Bitcoin was in the red for a second consecutive session, as markets continued to digest the latest U.S. retail sales figures. Sales rose by more than expected in October, coming in at 1.3%, versus expectations of a 1% increase. The result fueled market belief that the U.S Federal Reserve will...
Crypto Will Soon Threaten Global Financial Stability, FSB Official Says
17.11.2022
In the wake of FTX’s demise, the Financial Stability Board official urged authorities worldwide to move beyond sectoral boundaries and agree on global norms for the industry
German Banks' Crypto Interest Is Limited as Industry Is Plagued by ‘Crooks,’ Regulator Says
17.11.2022
Germany’s Bafin has issued just four crypto custody licenses, said Mark Branson, who also sits on the supervision arm of the European Central Bank
Bahamian FTX Liquidators Cite ‘Serious Fraud and Mismanagement’ in Court Filings
17.11.2022
Court filings from Wednesday show liquidators are seeking to halt asset sales while the complex enterprise is wound up
Republicans Secure US House Majority, Will Shift Path for Crypto Bills
17.11.2022
The U.S. Congress will officially be split between the two major parties after results from the Nov. 8 election put a 218th seat in the Republican column, giving that party a majority in the House of Representatives as the crypto industry awaits legislation that could define its future
California Finance Regulator Moves to Suspend Crypto Lender Salt’s License
16.11.2022
Salt announced on Tuesday it was pausing customer withdrawals due to the impact of FTX’s collapse
Bahamian Liquidators Say FTX Wasn’t Authorized to File for Bankruptcy in the U.S.
16.11.2022
The bankruptcy proceedings of collapsed crypto exchange FTX are already shaping up to be chaotic – the collective 100-odd companies that filed for bankruptcy last Friday have an estimated one million creditors – but Bahamian liquidators threw another wrench into the process on Tuesday
US Sen. Gillibrand Says a Last-Ditch Stablecoin Bill May Still Emerge This Year
16.11.2022
Sen. Kirsten Gillibrand (D-N.Y.) said the latest effort on a stablecoin regulatory bill is coming soon, and she hopes it can get some attention before Congress transitions into its new session next year
Newly Elected US House Whip Emmer Downplays FTX Meltdown, Cheers Crypto
16.11.2022
Rep. Tom Emmer, a co-chair of the congressional blockchain caucus, was chosen for a leadership role in the next Congress and is bullish on digital assets in the wake of FTX
Binance Denies Accusation From UK Lawmaker That It Deliberately Sank FTX
16.11.2022
The exchange sent a five page document outlining the sequence of events that led to the FTX collapse to UK lawmakers
Top House Committee to Hold Hearing Into FTX Collapse
16.11.2022
The House Financial Services Committee will hold a hearing on FTX's collapse next month
DAO Legal Reforms in Spotlight as UK Law Commission Seeks Views
16.11.2022
A consultation published today looks at issues like governance, structure, money laundering and taxes
South Korean Prosecutors Raid Terra Co-Founder's Company in UST Probe
16.11.2022
Officials said they suspect Chai Corp. leaked customer information to Terraform Labs
Circle CEO Calls for Clear US Laws on Stablecoins to 'Unleash' Their Potential
16.11.2022
Circle CEO and founder Jeremy Allaire wrote to prominent financial services lawmakers in the U.S., calling for workable, clear legislation on stablecoins and warning of the risks to the country of not doing so