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Nalezeno "CZ FTX": 4557

Binance has Grabbed Two-Thirds of all Crypto Trading Volume – What Happened to the Decentralization of Finance?

6.1.2023
Binance, the world's largest cryptocurrency exchange, has remained the leader in the space, ending 2022 with a 66.7% market share compared to 48.7% at the start of the year. According to a report from CryptoCompare, Binance accounted for 66.7% of all trading volume on centralized crypto exchanges...

SEC Investigating FTX Investors’ Due Diligence: Reuters

6.1.2023
The U.S. regulator is looking at whether financiers did their homework on a crypto exchange since accused of sloppy governance

ECB’s Fabio Panetta: Unbacked Cryptos Are a ‘Vehicle for Gambling’ Lacking ‘Intrinsic Value’

6.1.2023
Fabio Panetta, part of the Executive Committee of the European Central Bank (ECB), believes that unbacked cryptocurrency assets are vehicles for gambling without intrinsic value, which need to be regulated. In an opinion piece, Panetta states that while cryptocurrency regulation is a good answer...

Silvergate Bank Suffers Run on Deposits as $8.1 Billion is Withdrawn - Will it Go Bust?

6.1.2023
Silvergate Capital, a crypto-focused bank, suffered a bank run following the collapse of cryptocurrency exchange FTX, which forced the company to sell assets at a significant loss in order to honor $8.1 billion worth of customer withdrawals.... Read More: Silvergate Bank Suffers Run on Deposits...

FTX customers want more info on FTX's plans to sell subsidiaries

6.1.2023
While the Ad Hoc Committee does not want to prevent the sales from occurring, it argued it needs to be involved to ensure that customers' interests are represented

US Government Seizes Robinhood Shares Linked to FTX Founder Sam Bankman-Fried

6.1.2023
The U.S. Department of Justice (DOJ) is in the process of seizing Robinhood shares, worth about $460 million, that are linked to former FTX CEO Sam Bankman-Fried (SBF). “We believe that these assets are not property of the bankruptcy estate or that they fall within the exceptions …...

US authorities are turning their attention to FTX's Nishad Singh: Report

5.1.2023
FTX's bankruptcy filings show a $543-million loan to Nishad Singh and he was reportedly a part of the secret 'wirefraud' chat group

Three Arrows Capital Founders Served Subpoenas via Twitter in Bankruptcy Process

5.1.2023
The founders of the now-defunct cryptocurrency hedge fund Three Arrows Capital (3AC) have been served subpoenas by the fund’s liquidators via Twitter. While serving subpoenas on Twitter is rare, it has happened on various occasions in the past, including when Wikileaks was served on Twitter...

Anyone Who Took Money From FTX Ought to Repay It

5.1.2023

Unreported Transactions Linked to Disgraced FTX Co-Founder Revealed by Onchain Investigation

5.1.2023
According to onchain research, wallets connected to Sam Bankman-Fried, the disgraced co-founder of FTX, transferred a significant number of previously unreported transactions across various blockchains. The transfers were discovered by Conor Grogan, a director at Coinbase, and while most of...

Silvergate in Trouble: Crypto Bank Cuts Staff by 40% Amid a 68% Decline in Crypto Deposits

5.1.2023
Trouble is brewing for crypto bank Silvergate as the company cuts staff by 40% and sells assets at a loss to cover $8.1 billion worth of customer withdrawals. Furthermore, the company's crypto-related deposits saw a 68% decline in the fourth quarter of last year. According to a Thursday report by...

FTX's former top lawyer cooperated with the US in Sam Bankman-Fried case

5.1.2023
FTX’s former compliance chief Daniel Friedberg started working for Sam Bankman-Fried in 2017 and resigned from FTX days before the exchange collapsed

Crypto Brokerage Genesis Global Trading Asks for More Time to Resolve Lending Issues – What is Going On?

5.1.2023
Derar Islim, the interim CEO of crypto brokerage Genesis Global Trading, has told clients that they need more time to resolve the financial crisis plaguing its lending business. In a statement on Wednesday, Islim claimed that they will be able to sort out the current tough financial position...

US Bankruptcy Court Rules Celsius Deposits Belong to the Firm

5.1.2023
A New York bankruptcy court has ruled the deposits on high-interest-earning accounts belong to Celsius, the embattled former cryptocurrency lending firm, that filed for Chapter 11 bankruptcy protections in July. The decision establishes a precedent that might affect the status of other, similar...

Ex-FTX Lawyer Cooperated With US Prosecutors, Reuters Reports, Citing Source Familiar

5.1.2023
Former FTX lawyer Daniel Friedberg provided information on FTX at a meeting on Nov. 22 with the U.S. Justice Department, FBI and the SEC, the source said

SEC files objection to Binance.US’s plans to acquire Voyager Digital

5.1.2023
The SEC wants to see more information included in the $1.022 billion deal between Binance’s U.S. arm and Voyager Digital before it agrees to the acquisition

Bahamas Regulator Disputes FTX’s Claim About Value of Seized Cryptocurrencies

5.1.2023
The Securities Commission of the Bahamas has disputed FTX’s claim that the value of the cryptocurrencies it seized from the bankrupt crypto exchange was not $3.5 billion. The new FTX chief’s “continued lack of diligence when making public statements concerning the Commission...