Search Results for "FTX"
Crypto Leaders' Stance on DCCPA Bill Polarised, Not Everyone Buying It
After much criticism following his support of the uploaded DCCPA bill, FTX CEO Sam Bankman-Fried has again taken to Twitter to explain further on the bill.
CFTC Commissioner Questions VCs' Due Diligence
Investor due diligence in the failing crypto-exchange FTX has sparked concerns from the Commodity Futures Trading Commission (CFTCP). VCs had to write down their multimillion-dollar investments to practically nothing, raising "serious doubts" about their responsibility.
U.S. District Judge Kevin Castel Grants Request to Defer civil cases
On Feb. 13, Manhattan District Judge Kevin Castel granted the applications to suspend the civil proceedings "without prejudice" until the DOJ's trial against SBF begins.
UK FCA Warns of FTX Unauthorised Provision of Financial Services to Investors
The U.K.’s Financial Conduct Authority (FCA) issued a warning on its official website (FCA) that cryptocurrency exchange FTX may be providing financial services or products in the country without authorization.
SBF Faces Curcio Hearing Over Conflicted Representation
Scheduled for a Curcio hearing on February 21, former FTX CEO Sam Bankman-Fried confronts potential legal representation conflicts, spotlighting the intricate legal challenges in the aftermath of FTX's collapse.
Hodlnaut Held Up to $13m on FTX Prior to Withdrawal Halt
Bankrupt crypto lending firm Hodlnaut may have $13M locked in FTX
FTX Crypto Exchange Announces Major Expansion into European Market
The expansion into Europe is a timely one for FTX, which launched its US subsidiary business two years ago.
Crypto Entrepreneur Sam Bankman-Fried Faces Judge Over Use of Encrypted Messaging Apps While on Bail
The lawyer representing crypto entrepreneur Sam Bankman-Fried will present a revised bail package to Judge Lewis Kaplan after Kaplan expressed concern about Bankman-Fried's use of encrypted messaging apps while out on bail. The entrepreneur had used Signal to contact former FTX and Alameda colleagues, which led Kaplan to forbid him from using such apps and threaten to revoke his bail privileges if he acted out of order.
Crypto Exchange FTX Expands Business to Africa, Partnering Kenyan Fintech Firm AZA Finance
To expand its global footprint and presence on African soil, top-notch cryptocurrency exchange FTX has partnered with AZA Finance, a Kenyan-based fintech company.
FTX Continues to Move Funds Amid Ongoing Investigations
Addresses associated with FTX and its subsidiary, Alameda Research, have reportedly transferred $145 million in stablecoins to various platforms, as the cryptocurrency exchange faces demands to return funds to different groups of investors amid ongoing investigations and lawsuits.
Coindesk May Be Sold as Parent Company DCG Struggles
CoinDesk may sell. Digital Currency Group (DCG), its parent firm, looks to be struggling financially. DCG has received many bids over $200 million for the media group in recent months.