
ASIC had previously suspended FTX’s license to operate in Australia, now the securities regulator has canceled it entirely.
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The new measures from the Australian government come as cryptocurrency scams skyrocketed 162% to $221 million in 2022.
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Three members of a Sydney-based investment and advisory firm are assigned to help Australians impacted by the suspension of the local entity of Sam Bankman-Fried’s former crypto empire.
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The embattled crypto exchange FTX has informed the public that the FTX parent firm West Realm Shires Services, Alameda Research, and approximately 130 additional affiliated companies have filed for Chapter 11 bankruptcy protection in Delaware. FTX’s Parent Company, Alameda Research, and 130 Associated Firms Voluntarily Commence Bankruptcy Proceedings After days of confusion and speculation, the […]
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