Prosecutors reportedly told a judge Wednesday (July 26) that FTX founder Sam Bankman-Fried’s bail should be revoked and he should be sent to prison until his trial. The tipping point, the prosecutors said, was Bankman-Fried’s attempts to discredit Caroline Ellison, his onetime lover and former...
There will be no fireworks for the digital asset sector this July Fourth. It’s looking like the course du jour being cooked on the grill this Independence Day could be the cryptocurrency industry itself, with the Securities and Exchange Commission (SEC) being sure to turn the...
The absence of corporate records is reportedly making FTX’s bankruptcy “very expensive by any measure.” During the first 90 days of the cryptocurrency exchange’s bankruptcy proceedings, the firm was billed for $200 million in fees by hundreds of lawyers, financial and tax advisers, and other professionals...
FTX has won permission to redact customer names from filings in its bankruptcy case. The ruling, handed down Friday (June 9) in federal court, came after the bankrupt cryptocurrency exchange persuaded a judge that making their names public could put those customers at risk for identity...
July 04, 2023
There will be no fireworks for the digital asset sector this July Fourth. It’s looking like the course du jour being cooked on the grill this Independence Day could be the cryptocurrency industry itself, with the Securities and Exchange Commission (SEC) being sure to turn the heat up as high as possible. That’s because the Gary […]
December 12, 2022
Consumers are hungry for reassurance as fear, uncertainty and doubt pollute the crypto landscape. At the same time, the crypto industry is equally eager to shore-up user confidence via a...
July 27, 2023
Silicon Valley venture firm Sequoia Capital has reportedly downsized two major funds due to the downturn in the startup market. In a move reflecting the changes within tech investing, Sequoia cut the size of its cryptocurrency fund to $200 million from its original $585 million, as well as slashed the size of its ecosystem fund to […]
June 21, 2023
The absence of corporate records is reportedly making FTX’s bankruptcy “very expensive by any measure.” During the first 90 days of the cryptocurrency exchange’s bankruptcy proceedings, the firm was billed for...
June 11, 2023
FTX has won permission to redact customer names from filings in its bankruptcy case. The ruling, handed down Friday (June 9) in federal court, came after the bankrupt cryptocurrency exchange persuaded...
May 18, 2023
FTX is reportedly working to get back the more than $240 million it paid for stock trading platform Embed. The bankrupt cryptocurrency exchange filed three lawsuits Wednesday (May 17) alleging that...
