FTX

Senate FTX Crypto Hearing Pits Blockchain Promoters Against Skeptics
Senate FTX Crypto Hearing Pits Blockchain Promoters Against Skeptics
December 14, 2022  |  Cryptocurrency

Another day, another congressional committee hearing on the FTX crypto collapse. Fresh off of Tuesday’s (Dec. 13) House Financial Services Committee hearing covering the collapse...

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Binance CEO Changpeng Zhao Says Crypto Industry Faces ‘Tough Questions’
Binance CEO Changpeng Zhao Says Crypto Industry Faces ‘Tough Questions’
December 14, 2022  |  Cryptocurrency

Binance CEO Changpeng Zhao said the cryptocurrency exchange will ride out the current crypto winter. In a Tuesday (Dec. 13) memo to Binance staff that...

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FTX Crypto Founder Denied Bail, Will Spend Holidays in Bahamian Jail
FTX Crypto Founder Denied Bail, Will Spend Holidays in Bahamian Jail
December 13, 2022  |  Cryptocurrency

The former billionaire founder of the failed FTX crypto exchange has been denied bail.   As a result, Sam Bankman-Fried will spend the holidays in a...

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Key Takeaways From House Hearing on FTX Crypto Collapse
Key Takeaways From House Hearing on FTX Crypto Collapse
December 13, 2022  |  Cryptocurrency

Hearings into the FTX crypto collapse kicked off without input from now-jailed founder Sam Bankman-Fried. As reported by PYMNTS, the failed FTX founder faces eight...

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Crypto Exchange Binance Sees Spike in Withdrawals From Spooked Investors
Crypto Exchange Binance Sees Spike in Withdrawals From Spooked Investors
December 13, 2022  |  Cryptocurrency

Crypto exchange FTX has been criminally charged with being shot through with fraud from inception. The news, revealed in a federal indictment unsealed Tuesday morning...

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Non-US Customers of FTX Forming Official Committee
Non-US Customers of FTX Forming Official Committee
December 13, 2022  |  Legal

International customers of FTX.com are creating a committee to represent them in the firm’s Chapter 11 case. Customers from outside the United States have interests...

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FTX Crypto Founder Hit With Eight Counts of Fraud and Conspiracy
FTX Crypto Founder Hit With Eight Counts of Fraud and Conspiracy
December 13, 2022  |  Legal

Sam Bankman-Fried has been arrested in the Bahamas on charges filed by U.S. prosecutors. He reportedly awaits extradition to the United States from the Bahamas,...

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Canada Expands Oversight Into Crypto Platforms
Canada Expands Oversight Into Crypto Platforms
December 13, 2022  |  Cryptocurrency

Canada has joined a list of countries increasing oversight into cryptocurrencies following the FTX collapse. The Canadian Securities Administrators (CSA) said in a Monday (Dec....

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FTX CEO’s Testimony and Restructuring Plan: 5 Things to Know
FTX CEO’s Testimony and Restructuring Plan: 5 Things to Know
December 13, 2022  |  Cryptocurrency

FTX’s caretaker CEO is offerings fresh insights hours after the bankrupt exchange’s former CEO was arrested. Sam Bankman-Fried’s (SBF’s) appointed successor, John J. Ray III,...

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