FTX exec revealed as big donor to Oregon Democrats following misidentification
The FTX director of engineering reportedly contributed $500,000 to the Democratic Party of the American state of Oregon. Go to Source Powered by WPeMatico
Sam Bankman-Fried
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DeFi Pioneer Echoes SBF in Call for Tighter Crypto Regulations
The Yearn Finance founder suggested that several cracks have shown in the crypto sector this year, and that regulation is needed to “reign in irresponsible actors.” Go to Source Powered by WPeMatico
FTX to give a ‘one-time’ $6M compensation to phishing victims
FTX founder Sam Bankman-Fried said the exchange won’t be “making a habit of compensating” users that are “phished by fake versions of other companies.” Go to Source Powered by WPeMatico
Texas investigates FTX for securities violations after objecting to Voyager auction
The Texas State Securities Board enforcement director downloaded an FTX Trading app – not an FTX US app – in Texas using his own information and was able to earn interest on it. Go to Source Powered by WPeMatico
Texas Securities Regulators and Attorney General Object to FTX Purchasing Voyager Digital
Regulators from the state of Texas and the state’s attorney general are objecting to FTX purchasing Voyager Digital, as the state’s securities commissioner needs to “determine whether FTX US is complying with the law.” Texas State Securities Board, Department of Banking, and Attorney General File Objection Against FTX Buying Voyager Digital According to a bankruptcy … Read more
Sam Bankman-Fried announces efficiency updates to FTX
The crypto derivatives platform is expected double its order throughput and significantly reduce order latency, according to its CEO. Go to Source Powered by WPeMatico
Report: Hong Kong-Based Asset Management Firm Acquires Controlling Stake in Asian Crypto Exchange Huobi
Li Lin’s controlling stake in Huobi, one of Asia’s largest cryptocurrency exchanges, was recently acquired by About Capital Management for an undisclosed sum. Huobi’s acquisition by the Hong Kong-based asset management firm came shortly after the crypto exchange had exited the Chinese market. Lin’s Arrest in 2020 a Key Event for the Huobi Founder The … Read more
FTX and Visa partner to permit crypto payments in 40 countries
FTX token surged over 7% on the news that Sam Bankman-Friend’s company, FTX would roll out a debit card in partnership with payments giant Visa. Go to Source Powered by WPeMatico
Bankrupt Crypto Lender Celsius’ Asset Sale Is Scheduled, Sources Say FTX CEO May Bid
According to a filing published by the U.S. Bankruptcy Court for the Southern District of New York, the crypto lending firm Celsius has been given a final bid deadline of October 17, 2022. Following the bankruptcy court’s final bid deadline, a sale hearing is scheduled for November 1. A report published last week noted that … Read more
Sam Bankman-Fried sheds light on how FTX would approach a Celsius bid
The FTX founder said the company paid the “fair market price” for Voyager’s assets and would look to do the same in a deal for Celsius’ assets. Go to Source Powered by WPeMatico