Bahamas reportedly asked SBF to mint new coin after FTX collapse
The FTX collapse has reportedly fueled a major international legal dispute between the United States and the Commonwealth of the Bahamas. Go to Source Powered by WPeMatico
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SEC charges FTX CEO SBF for defrauding investors a day after his arrest
SEC has filed charges against the former CEO Sam Bankman-Fried, accusing him of defrauding U.S. customers and concealing the diversion of customers’ funds. Go to Source Powered by WPeMatico
SBF planned to blame everyone but himself, shows leaked Congress testimony
SBF blamed the current CEO, his legal counsel, the law firm he appointed for bankruptcy, and Binance CEO CZ, without admitting any wrong on his part. Go to Source Powered by WPeMatico
Hours before his arrest, SBF denied being part of ‘Wirefraud’ chat group
SBF’s last tweet before his arrest for reportedly committing wire fraud was dispelling his involvement in a group chat purportedly called “Wirefraud.” Go to Source Powered by WPeMatico
It’s stacking up: SEC to file separate charges against FTX’s SBF
SBF has finally been slapped with criminal charges and will be extradited to the U.S., once there, he will have to face separate charges from the SEC. Go to Source Powered by WPeMatico
FTX was an ‘utter failure of corporate controls at every level of an organization’, says CEO
Countering some of SBF’s claims, John Ray said that “FTX US was not operated independently of FTX.com” and a Chapter 11 filing was necessary to avoid a bank run. Go to Source Powered by WPeMatico
SBF misses the Senate hearing but promises to testify to the House: Law Decoded
Sam Bankman-Fried is willing to testify before the Financial Services Committee of the U.S. House of Representatives on Dec. 13. Go to Source Powered by WPeMatico
Sam Bankman-Fried says he will testify before the US House Financial Services Committee remotely
The former CEO previously missed the deadline to confirm his appearance before the Senate Banking Committee, despite the threat of a subpoena. Go to Source Powered by WPeMatico
Arthur Hayes: Bitcoin bottomed as ‘everyone who could go bankrupt has gone bankrupt’
Former BitMEX CEO thinks the Bitcoin price could have reached the bottom after most of the “irresponsible entities” have all run out of Bitcoin to sell. Go to Source Powered by WPeMatico
Research Shows Centralized Exchanges Saw the Most Visits This Year From Americans, Koreans, Russians
Residents of the United States, South Korea and the Russian Federation have been the most frequent users of centralized exchanges this year, according to a new study. The finding comes after the spectacular crash of FTX, one of the largest such platforms, amid tightening regulations and fewer new users. U.S. Leads by Number of CEX … Read more
