Ctfc news and trends

Banks Welcome Crypto Firms After Signature/Silvergate Downfall
Cryptocurrency // March 27, 2023

Cryptocurrency firms left bankless following the downfall of two industry lenders have found new homes. That’s according to a Monday (March 27) report by the Wall Street Journal, which says some banks have welcomed business from crypto companies, even as the industry faces increased pressure from U.S....

US Prosecutors Investigate Another Member of FTX Inner Circle 
Cryptocurrency // January 06, 2023

U.S. prosecutors are reportedly investigating a third member of Sam Bankman-Fried’s inner circle.  Prosecutors are investigating bankrupt cryptocurrency exchange FTX’s former engineering director, Nishad Singh, to see if he had a role in the alleged fraud conducted by FTX and its affiliated trading firm Alameda...

Senate Agriculture Committee To Grill U.S. Financial Regulator Over FTX
Cryptocurrency // December 01, 2022

The first congressional inquiry into what went wrong at FTX is happening today (Dec. 1). In what is sure to be just one of many such hearings investigating the historical demise of Sam Bankman-Fried’s $32 billion cryptocurrency empire, U.S. Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam will testify...

Crypto Fight on Capitol Hill Increasingly Favors CFTC
Cryptocurrency // August 03, 2022

The Commodity Futures Trading Commission (CFTC) appears to have won another round in its fight with the Securities and Exchange Commission (SEC) for control of crypto oversight. The leaders of the Senate Agriculture Committee on (Wednesday) Aug. 3 announced a bipartisan bill that would give...

Quick Reads
Banks Welcome Crypto Firms After Signature/Silvergate Downfall

March 27, 2023
Cryptocurrency firms left bankless following the downfall of two industry lenders have found new homes. That’s according to a Monday (March 27) report by the Wall Street Journal, which says some banks have welcomed business from crypto companies, even as the industry faces increased pressure from U.S. regulators. This month has seen two banks once known for […]

US Prosecutors Investigate Another Member of FTX Inner Circle 

January 06, 2023
U.S. prosecutors are reportedly investigating a third member of Sam Bankman-Fried’s inner circle.  Prosecutors are investigating bankrupt cryptocurrency exchange FTX’s former engineering director, Nishad Singh, to see if he had...

Senate Agriculture Committee To Grill U.S. Financial Regulator Over FTX

December 01, 2022
The first congressional inquiry into what went wrong at FTX is happening today (Dec. 1). In what is sure to be just one of many such hearings investigating the historical demise of Sam Bankman-Fried’s...