Two senators are asking regulators about links between banks and cryptocurrency firms. In letters sent Wednesday (Dec. 7) to the heads of the Federal Reserve...
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...
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...
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...
Insolvent cryptocurrency exchange FTX doesn’t just owe its million-plus creditors money. The once-heralded crypto platform, formerly helmed by the now disgraced Sam Bankman-Fried (SBF), also...
FTX mingled customer and business funds to access regulated banks, according to a new report. When now-bankrupt FTX couldn’t access regulated banks because the banks...
Prior to its dramatic collapse earlier this month, the Bahamas-based cryptocurrency exchange FTX was preparing to debut an Africa-focused version of the platform that would...
Fraud is often obvious in retrospect, and as the dust around a scandal settles, it is often easy to point fingers at the failings of...
The developments around the collapse of FTX justify concerns that the crypto industry “is built to favor scammers,” U.S. Sens. Elizabeth Warren, D-Mass., and Dick...