FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense

According to two sources close to FTX, Sam Bankman-frito, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave

Nasdaq tiene como objetivo lanzar servicios de criptocustodia en el segundo trimestre

Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this years second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto sector

Republican Congressman Tom Emmer Queries FDIC on Alleged Efforts to Purge Crypto Activity from US

On Wednesday, Tom Emmer, los Estados Unidos. Republican congressman from Minnesota, revealed he sent a letter to Martin Gruenberg, the chairman of the Federal Deposit Insurance Corporation (FDIC), regarding reports that the FDIC is “weaponizing recent instability” in the U.S. banking industry

US Prosecutors Seek to Further Restrict Former FTX CEO Sam Bankman-Fried’s Internet Access

Los Estados Unidos. attorney for the Southern District of New York (SDNY), Damian Williams, and the Department of Justice (DOJ) are requestingproposed modificationsto the bail conditions of former FTX CEO, Sam Bankman-frito. The SDNY prosecutor is asking the court to

FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation

En marzo 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchanges shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the companys total assets were found in

US Federal Trade Commission Investigates Marketing Schemes of Crypto Firm Voyager

According to a court document filed recently in the Voyager Digital bankruptcy case, los Estados Unidos. Federal Trade Commission (FTC) is investigating the marketing of the crypto firm. Like the U.S. Comisión Nacional del Mercado de Valores (SEGUNDO), the FTC has objected to Binance

Kraken CEO: Regulators Let Bad Guys Get Big and Blow Up to Serve Their Agenda

The CEO of crypto exchange Kraken, Jesse Powell, says U.S. regulatorslet the bad guys get big and blow up because it serves their agenda.The executive explained: “Bad guys operate with huge competitive advantages. They suck up users, revenue, y…

Stanford Alumni Revealed as Co-Signers of FTX Co-Founder’s $250M Bond

According to the latest court documents in the fraud case involving former FTX CEO Sam Bankman-Fried in Manhattan, the New York judge presiding over the case unsealed the co-signers of Bankman-Fried’s bond on Wednesday. The names of the two bail bond

Stablecoin Market Sees Supply Increase for Tether as Competitors Decline in Light of Recent Regulatory Developments

While the stablecoin market has seen significant redemptions in the past three months, the supply of tether, the largest stablecoin by market capitalization, has increased by 2.46 billion since mid-November 2022. Tether is the only one of the top five stablecoins