FTX

FTX Says Banks Earlier Raised Questions About FTX-Affiliated Hedge Fund’s Wire Activity

Certain banks working with FTX founder Sam Bankman-Fried's trading firm Alameda Research raised questions about the firm's wire activity as…

5 months ago

Japan Crypto Exchanges Pushing For Margin Trading Relaxation For Sector Growth

Japan's crypto exchanges are pushing for a relaxation of curbs on margin trading, unbowed by last year's global digital-asset market…

5 months ago

Crypto Investors Grow Cautious After Sudden Collapse of Exchanges Last Year

Cryptocurrency investors have grown more cautious about who they do business with, after being burned last year by sudden collapses…

5 months ago

UK Unveils Tougher Rules for Crypto Sector, Will Curb Advertising With ‘Cooling Off’ Periods, Risk Warnings

British consumers buying cryptoassets will get a 24-hour "cooling-off" period for the first time from October under tougher marketing rules…

5 months ago

FTX’s Sam Bankman-Fried Could Be Planning to Blame Lawyers Who Helped Launch Firm in Criminal Case

Indicted FTX founder Sam Bankman-Fried seems to be gearing up to blame the lawyers who helped him establish the crypto…

5 months ago

International Watchdog Unveils Global Rules to Regulate Crypto Sector; Draws Lessons From FTX Collapse

International securities watchdog IOSCO unveiled on Tuesday the first global approach to regulating cryptoasset and digital markets, drawing on lessons…

5 months ago

FTX Seeks to Claw Back Over $240 Million From Embed Acquisition

Bankrupt crypto exchange FTX is seeking to claw back more than $240 million (nearly Rs. 2,000 crore) it paid for…

5 months ago

Bankrupt Crypto Lender Voyager Digital Hopeful to Provide 35 Percent Customer Payout

Crypto lender Voyager Digital said Wednesday that customers will recover about 35 percent of their cryptocurrency deposits as the company…

5 months ago

Cryptocurrencies Like Bitcoin, Ether Should Be Regulated as Gambling, UK Lawmakers Say Citing Risks

Bitcoin, ether and other cryptocurrencies should be regulated as gambling given they are potentially used by fraudsters and pose significant…

5 months ago

Large Withdrawals by Crypto Whales Responsible for US Banking Crisis: Federal Reserve Bank of Chicago

The back-to-back downfalls of promising crypto projects last year has been blamed for causing the ongoing banking crisis in the…

5 months ago

EU States Approve World’s First Comprehensive Set of Rules to Regulate Crypto in Wake of FTX Collapse

European Union states on Tuesday gave the final nod to the world's first comprehensive set of rules to regulate cryptoassets…

5 months ago

FTX Gets Court Permission to Sell Its LedgerX Business to Raise Funds for Repaying Creditors

Bankrupt crypto exchange FTX received US bankruptcy court permission on Thursday to sell its LedgerX business for $50 million (nearly…

5 months ago

Coinbase Launches International Exchange for Crypto Derivatives Amid Rising Tensions with US Regulators

Coinbase Global launched an international exchange for cryptocurrency derivatives on Tuesday, as the company looks to expand its global footprint…

5 months ago

FTX Agrees to Sell LedgerX for $50 Million, to Seek Bankruptcy Court Approval on May 4

FTX has reached an agreement to sell its crypto derivatives platform LedgerX to an affiliate of Miami International Holdings for…

5 months ago

Coinbase, SEC on Collision Course for ‘Existential’ Clash Over Crypto Industry

Coinbase debuted on the US stock market on April 14, 2021 — the same day US senators confirmed Gary Gensler to lead the…

6 months ago

FTX Crypto Exchange Reaches Deal to Recover Over $400 Million from Hedge Fund Modulo Capital

Bankrupt crypto exchange FTX has reached a deal to recover more than $400 million (roughly Rs. 3,300 crore) in cash…

6 months ago

FTX’s Sam Bankman-Fried, US Prosecutors Near Revised Bail Agreement, New Restrictions to Be Proposed Next Week

Lawyers for Sam Bankman-Fried are nearing an agreement with US prosecutors on revised bail conditions for the indicted FTX cryptocurrency…

6 months ago

FTX Transferred $2.2 Billion to Sam Bankman-Fried via Alameda Research and Related Entities, New Managers Say

Bankrupt cryptocurrency exchange FTX made transfers of about $2.2 billion (roughly Rs. 18,200 crore) to company founder Sam Bankman-Fried through…

6 months ago

Silvergate Bank Announces Plans to Shut Down Amid Market Turmoil Following FTX Collapse

Crypto banking colossus Silvergate on Wednesday said it will shut down in the face of market turmoil and regulatory pressure.Silvergate…

6 months ago

Sam Bankman-Fried Criminal Trial in October May Need to Be Delayed, Lawyers Tell US Judge

Sam Bankman-Fried's lawyers said on Wednesday it may be necessary to delay the FTX cryptocurrency exchange founder's scheduled Oct. 2…

6 months ago