Business

FTX Japan granted 3-month extension on its business suspension
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15 December, 2022

FTX Japan granted 3-month extension on its business suspension

FTX Japan had been ordered to shut down its services, but an FSA extension pushes this to March as customers...
The utter failure of corporate controls at FTX: CEO John Ray III testifies before US Congress
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14 December, 2022

The utter failure of corporate controls at FTX: CEO John Ray III testifies before US Congress

CEO John J. Ray III tells lawmakers that what separates FTX's bankruptcy from other exchanges that went insolvent is that...
The uncertain liabilities of digital asset advertising
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14 December, 2022

The uncertain liabilities of digital asset advertising

Advertisements should be honest and truthful than the 'endorsing' celebrity, and advertisers are subject to liability if proven otherwise, according...
Germany’s financial regulator warns users of Rtcoin’s unlicensed operation
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14 December, 2022

Germany’s financial regulator warns users of Rtcoin’s unlicensed operation

Rtcoin claims it has license to operate in Germany but a closer look at BaFin's database reveals otherwise, with British...
Terraform Labs co-founder Do Kwon reportedly hiding out in Serbia, authorities say
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14 December, 2022

Terraform Labs co-founder Do Kwon reportedly hiding out in Serbia, authorities say

It remains unclear why Kwon chose Serbia, but South Korean authorities are not ruling out the possibility that the embattled...
WEMIX loses delisting battle in court against South Korean exchanges but promises to continue the fight
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14 December, 2022

WEMIX loses delisting battle in court against South Korean exchanges but promises to continue the fight

Wemade insists it will not back down after a South Korean court sided with DAXA in delisting WEMIX from exchanges...