FTX

Stifel CEO Tells Crypto Industry, ‘Make Us Trust You’
Stifel CEO Tells Crypto Industry, ‘Make Us Trust You’
December 08, 2022  |  Cryptocurrency

We’re living in a post-FTX world, and regulatory agencies need to keep it that way. That’s the present mindset of Ron Kruszewski, the chairman and...

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US Prosecutors Investigating FTX Role in TerraUSD and Luna Fall 
US Prosecutors Investigating FTX Role in TerraUSD and Luna Fall 
December 07, 2022  |  Cryptocurrency

Prosecutors are reportedly investigating whether FTX was involved in the collapse of TerraUSD and Luna.  The New York Times reported Wednesday (Dec. 7) that U.S....

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ECB Board Member Says Crypto is ‘House of Cards’ 
ECB Board Member Says Crypto is ‘House of Cards’ 
December 07, 2022  |  Cryptocurrency

Regulation and a better alternative are the answers to the current turmoil in the crypto market.  So said Fabio Panetta, a member of the executive board...

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Auditors Say Binance Has Proper Bitcoin Reserves
Auditors Say Binance Has Proper Bitcoin Reserves
December 07, 2022  |  Cryptocurrency

Auditors working for crypto giant Binance say the company holds enough bitcoin as collateral. The auditing firm Mazars released the results of its look at Binance’s bitcoin reserve...

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New Kraken CEO Says Alleged Fraud Was Committed at FTX
New Kraken CEO Says Alleged Fraud Was Committed at FTX
December 07, 2022  |  Cryptocurrency

The incoming CEO of crypto exchange Kraken says FTX founder Sam Bankman-Fried is an alleged “fraudster.” “We have information to know that fraud was committed there,”...

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SBF Taps Ghislaine Maxwell Attorney in FTX Case
SBF Taps Ghislaine Maxwell Attorney in FTX Case
December 07, 2022  |  Cryptocurrency

FTX founder Sam Bankman-Fried hired a top New York defense lawyer to represent him. How he plans to pay for that defense, the former crypto...

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Signature Bank Tries to Distance Itself From Crypto
Signature Bank Tries to Distance Itself From Crypto
December 06, 2022  |  Cryptocurrency

Signature Bank is reportedly reducing its cryptocurrency exposure after having courted the industry.  The Financial Times reported Tuesday (Dec. 6) that while 23% of the...

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Wirecard Trial Sets Up FTX Parallels and Enron Echoes 
Wirecard Trial Sets Up FTX Parallels and Enron Echoes 
December 06, 2022  |  Digital Payments

Thursday marks a red letter day in annals of fraud — the type that destroys companies and careers. No, not that crypto exchange. You might...

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Silvergate Capital Says It Conducted Due Diligence on FTX 
Silvergate Capital Says It Conducted Due Diligence on FTX 
December 06, 2022  |  Cryptocurrency

Silvergate Capital has released a public letter addressing its involvement with FTX and Alameda Research.  In the Monday (Dec. 5) letter submitted to the Securities and Exchange Commission...

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