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US Trustee names Wintermute on creditor committee in FTX bankruptcy case
15.12.2022
The committee would play a role in representing creditors who lost funds or were otherwise affected by the downfall of FTX, reported to be one million people
Wintermute, Venture Cap Octopus Given Seats on Key FTX Creditor Committee
15.12.2022
The crypto firms and individual investors will play a key role in representing the issues of the million or so potentially owed money by Sam Bankman-Fried’s company
Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year
14.12.2022
The U.S. central bank’s Federal Open Market Committee (FOMC) convened on Wednesday and raised the federal funds rate by 50 basis points (bps). The 0.5 percentage point rise follows the four consecutive three-quarters of a point increases codified during the last few months. The FOMC’s...
Biggest Movers: SOL Hits 3-Week High, as ADA Consolidates Ahead of FOMC Meeting
14.12.2022
Solana surged to a three-week high ahead of this afternoon’s Federal Open Market Committee meeting (FOMC). The token rose for a second consecutive day, hitting a key price ceiling in the process. Cardano mainly consolidated on Wednesday, as prices fell from a recent high. Solana (SOL) Solana...
$1.6B FTX International Customers Group Hires Law Firm to Create Official Bankruptcy Committee
13.12.2022
There is “irreconcilable conflict" between the interests of FTX's international customers and those of other creditor groups, said Eversheds Sutherland Partner Sarah Paul
Sam Bankman-Fried says he will testify before the US House Financial Services Committee remotely
12.12.2022
The former CEO previously missed the deadline to confirm his appearance before the Senate Banking Committee, despite the threat of a subpoena
US senator calls on SEC's Gensler to answer for 'regulatory failures'
12.12.2022
Republican Senator Tom Emmer has long been a critic of Gary Gensler and the U.S. Securities Exchange Commission’s cryptocurrency oversight strategy
US Senator: There's 'no reason why' crypto should exist
12.12.2022
Senator Tester is one of many Democratic senators slamming crypto of late, arguing that as the sector is backed by nothing, and provides nothing, thus there's “no reason” why it should exist
Sam Bankman-Fried Finally Agrees to Testify Before House Committee Next Week – This is What Happened
10.12.2022
Sam Bankman-Fried, founder and former CEO of FTX, has eventually agreed to participate in the upcoming U.S. House committee’s hearing and testify on the collapse of his crypto empire.
In a Friday tweet, Bankman-Fried said he still does not have access to much data regarding his crypto empire...
Argentina Organizes National Blockchain Committee to Implement State Level Strategy
10.12.2022
The government of Argentina has designated a national blockchain committee in order to establish the directives for a state-level blockchain adoption strategy. In a document, Argentina remarks on the importance of this tech for the future and presents several use cases that would benefit from...
FTX's Sam Bankman-Fried to Testify in Front of US House Financial Committee
9.12.2022
The chair of the House Financial Services Committee, Maxine Waters, said SBF's attendance was "imperative."
Senate Committee to Subpoena FTX's Sam Bankman-Fried If He Does Not Testify Voluntarily
8.12.2022
The Senate Banking Committee is "prepared" to subpoena FTX founder Sam Bankman-Fried if he does not voluntarily appear at a committee hearing about the collapse of FTX, its leaders said Wednesday
Argentine Government Creates National Blockchain Committee
7.12.2022
The initiative seeks to promote the development of public policies and technological solutions based on blockchain
Rep. Cawthorn fined for ethics breach over Let’s Go Brandon token promo
7.12.2022
The Ethics Committee couldn’t agree if the Representative sought to profit from his promotions but he was fined for it regardless and for also not declaring a “gift” of the token
Lawmaker Pleads With Sam Bankman-Fried to Attend Congress Hearing on FTX — SBF Says He’ll Testify When He’s Ready
7.12.2022
Congresswoman Maxine Waters, chair of the House Committee on Financial Services, has politely asked former FTX CEO Sam Bankman-Fried (SBF) to attend a congressional hearing on the collapse of his cryptocurrency exchange. Bankman-Fried says he will testify when he has finished “learning...
US House committee chair pushes back against SBF's excuse to potentially delay testimony
5.12.2022
"It is imperative that you attend our hearing on the 13th, and we are willing to schedule continued hearings if there is more information to be shared later,” said Maxine Waters
FTX Founder Sam Bankman-Fried Publicly Refuses to Testify in US House Committee – Here’s What Happened
5.12.2022
Sam Bankman-Fried, former CEO and founder of collapsed crypto exchange FTX, has publicly suggested that he might not appear in the upcoming U.S. House committee’s hearing to testify on the collapse of his crypto empire.
In a tweet to the Financial Services Committee Chair Maxine Waters and...
79 Committee Proposal goes live, TRON shares details
5.12.2022
The No. 79 Committee Proposal brings two changes to the table for the developers and users of the TRON Network. To start with, it is already live with no possible issues. The No. 79 Committee Proposal relates to No.11 and No. 47 network parameters. The unit price of energy has been increased by...
Despite endless media appearances, SBF unlikely to testify on 13th
5.12.2022
One observer suggested Bankman-Fried may be reluctant to discuss FTX due to the legal implication of lying under oath to the U.S. Congress
US Senator: Bitcoin Is a Commodity — ‘There Is No Dispute About This’
3.12.2022
U.S. Senator John Boozman says bitcoin, although a cryptocurrency, is a commodity in the eyes of the federal courts and the Securities and Exchange Commission (SEC) chairman. He stressed that exchanges where commodities are traded, including bitcoin, must be regulated and the Commodity Futures...