Crypto exchange FTX initiates substantial asset redistribution

FTX, a cryptocurrency exchange that was partially shut, disclosed a huge assets transfer of around $ 247 million. Amid crypto market price uncertainty, before long-awaited Bitcoin halving FTX Wallet ... Read More

FTX Controversy Derails Top Law Firm’s Bid for Binance Role

The Department of Justice is retreating from picking an elite New York law firm for a key assignment overseeing cryptocurrency exchange Binance Holdings Ltd. because of its work for FTX, according to ... Read More

Crypto exchange FTX ordered to halt 'false and misleading' claims by U.S. bank regulator

WASHINGTON (Reuters) -A U.S. bank regulator ... employers to the crypto exchange are “stored in individually FDIC-insured bank accounts” and that stocks purchased via FTX US “are held ... Read More

A timeline of the downfall of Sam Bankman-Fried and the colossal failure of FTX

2022 Nov. 2: Coindesk reports Alameda Reseach, Bankman-Fried's cryptocurrency trading firm, holds a large amount of FTT, a token issued by FTX ... Bankman-Fried tells New York Time’s Andrew ... Read More

FTX crypto mastermind Sam Bankman-Fried sentenced to 25 years in prison

The founder and former CEO of the cryptocurrency exchange FTX was ... regulated crypto sector. Although as Damian Williams, U.S. Attorney for the Southern District of New York, pointed out after ... Read More

The Crypto Reboot That Wasn’t: Why ‘FTX 2.0’ Floundered

The lawyers and advisers running FTX’s ... a crypto exchange led by former New York Stock Exchange President Tom Farley; fintech startup Figure; and Proof, a Silicon Valley investment firm. Read More

Ex-crypto mogul Sam Bankman-Fried due to be sentenced for defrauding FTX

Former crypto mogul Sam Bankman-Fried is due to be sentenced for his role in the 2022 collapse of FTX, once one of the world’s most popular ... He will return to a New York court on Thursday. Read More

Crypto Market Conditions That Fueled FTX, Bankman-Fried, No Longer Hold: Galaxy Digital

U.S. investors now have access to regulated bitcoin ETFs that provide the same protections as buying stocks and reduce the incentive to move to unregulated offshore exchanges, the report said. Read More

Trader convicted of Mango Markets fraud in first US crypto manipulation case

A cryptocurrency trader was convicted of fraud on Thursday, after prosecutors accused him of stealing about $110 million by rigging the Mango Markets exchange. Read More

A timeline of cryptocurrency exchange FTX's historic collapse

"This was a very serious crime," U.S. District Judge Lewis Kaplan said. Jan. 3 – In a New York ... a crypto hedge fund also founded by Bankman-Fried. Major concerns about FTX started when news ... Read More

U.S. Senators Demand Transparency from CFTC Chair Amid FTX Scandal

In a bipartisan approach, Senators Elizabeth Warren(D-Mass) and Chuck Grassley (R-Iowa) have written a formal letter to the chair of the U.S. Commodity Futures Trading Commission (CFTC) Rostin Behnam ... Read More

Judge’s New SEC V. Coinbase Ruling Raises U.S. Crypto Policy Questions

Today, U.S. District Court Judge Katherine Polk Failla ruled on a motion for judgment on the pleadings in the ongoing SEC v. Coinbase trial, a court case that has major repercussions for the ... Read More