Turkey’s Financial Crimes Investigation Agency is the latest authority to announce investigations into crypto exchange FTX after its collapse and bankruptcy filing on Nov.11. Along with FTX, the agency will look into people and institutions related to the platform — including banks, electronic money institutions and crypto-asset providers — according […]
Crypto lender BlockFi issued an official notice to its clients on Nov. 14 denying rumors that the majority of its assets were on FTX prior to the exchange’s collapse. According to an update shared by BlockFi, although a majority of its assets were not on FTX, it still has “significant exposure […]
Prosecutors with the United States attorney’s office in the Manhattan district of New York have reportedly begun investigating the fall of crypto exchange FTX. According to a Nov. 14 report from Reuters, a source with knowledge of the investigations said authorities in New York were looking into the collapse of […]
The United States Security Commission (SEC) won its case against blockchain-based file-sharing and payment network LBRY in districtcourt in New Hampshire on Nov. 7 when that court decided to grant an SEC request for summary judgment filed in May. The case garnered lots of commentary on its own and in […]
“When most people say “this is not financial advice”, they’re lying, but this is actually not financial advice since I have zero financial education and no idea what I’m doing”. Snowden continues to disclose on his next tweet on the thread. Snowden has recently been very active on Crypto Twitter […]
Bitcoin experienced a significant drop in mid-October of this year after roughly 48,000 units were moved out of Coinbase, one of the world’s leading and most popular digital currency trading platforms. Coinbase Loses a Lot of BTC Business The transaction was first reported on by Crypto Quant, which claims the […]
The giant crypto exchange aims to mitigate FTX-induced effects in the industry. Tron’s founder, Justin Sun, has pledged support for the new initiative. FTX filed for chapter 11 bankruptcy last week following historic liquidations. In light of the collapse of the cryptocurrency derivatives exchange, FTX, Binance CEO, Chanpeng Zhao, has […]
Two 20-year-olds – Eric Meiggs of Brockton and Declan Harrington of Rockport – have pleaded guilty to engaging in a scheme that stole at least $500,000 in crypto funds from as many as ten different people. They are now set to be sentenced in a Boston federal court. Eric Meiggs […]
On 13 November 2022, IOG Co-Founder and CEO Charles Hoskinson talked about the collapse of SBF’s FTX empire. FTX issued the following press release on 11 November 2022: And here is how SBF announced the collapse of the FTX empire: Yesterday (13 November 2022), during a Twitter Space co-hosted by […]
United States congressman Brad Sherman, a known crypto skeptic, has pointed the finger at “billionaire crypto bros” for slowing down much-needed cryptocurrency regulation. In a Nov. 13 statement addressing the collapse of crypto exchange FTX, Sherman said the exchange’s implosion has demonstrated the need for regulators to take immediate and […]
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