Philippines: SEC delays launch of digital asset regulations over concerns on FTX collapse
SEC Chairperson Emilio Aquino said that the rules could be launched before the end of 2023, hinging on the addition of proper safeguards for investors.
Latest FTX News
Digital asset investment firm CoinFund white paper proposes ‘way forward’ for regulators
Web3 investment firm CoinFund announced a white paper outlining a proposed way forward for digital asset regulation in the United States. CoinGeek speaks to the paper’s author about the state of regulation in the industry.
Shaq denies being served in FTX lawsuit, says drive-by serving is inadequate
Despite being over seven feet tall, Shaq is anything but easy to track for process servers who resorted to drive-by serving, which Shaq says is inadequate.
US taxman seeks $44 billion from what’s left of FTX/Alameda
The $44 billion claims sought by the IRS target the collapsed crypto empire of SBF, including entities such as West Realm Shires, Ledger Holdings, Paper Bird, and North Dimension, among others.
FTX’s Sam Bankman-Fried seeks dismissal of charges; DCG’s Barry Silbert on the ropes
Sam Bankman-Fried appears to concede that charges of fraud and money laundering filed against him have merit as his attorneys filed pretrial motions to dismiss 10 of the 13 charges by the U.S. Department of Justice.
FBI raids home of former FTX CEO Ryan Salame
Though he played a central role in the company’s affairs, Ryan Salame has escaped the worst of the negative press directed at founder Sam Bankman-Fried and Alameda CEO Caroline Ellison.
Bahamas proposes stricter digital asset regulations
The Securities Commission of The Bahamas began the development of the DARE Act in 2018, and it was passed in the House of Parliament in December 2020.
Judge approves the monitoring of Sam Bankman-Fried’s parents’ phones
To avoid breaching bail conditions again, U.S. District Court Judge Kaplan ordered to broaden the monitoring of Sam Bankman-Fried's activities to include surveillance of his parents' mobile phones.
California judge combines FTX-related Silvergate lawsuits
Lawsuits filed against Silvergate have been consolidated as all cases share allegations regarding the bank's role in supporting FTX in allegedly defrauding customers.
BitBoy fails to show up to court, gets referred to the FBI
Ben Armstrong's absence in court to face harassment charges has irked Florida Judge Damian, threatening the FTX influencer with an arrest warrant if this reoccurs in the next hearing.
Taylor Swift evaded FTX due to securities violation concerns, lawyer says
Taylor Swift was the only celebrity who bothered to ask FTX if they were offering unregistered securities, and it saved her millions of dollars in an ensuing lawsuit.
Nigerian stablecoin payments startup Lazerpay shuts down
Lazerpay’s funding attempts failed, with one of its investors’ funds held up in the FTX collapse, and despite November layoffs, it couldn’t get back on track.