FTX

Gemini lied about FDIC insurance in emails to Earn customers: report
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3 February, 2023

Gemini lied about FDIC insurance in emails to Earn customers: report

In legally ambiguous and vague language, Gemini repeatedly told its customers that funds were FDIC-insured, giving them false hope that...
Celsius tosses scraps to victims, Alex Mashinsky thought himself infallible
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2 February, 2023

Celsius tosses scraps to victims, Alex Mashinsky thought himself infallible

Jenner & Block attorney Shoba Pillay, the bankruptcy court-appointed examiner of the collapsed Celsius crypto lending platform, released a 689-page...
Crypto.com scrambles to calm customers after Lithuania banking crackdown
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31 January, 2023

Crypto.com scrambles to calm customers after Lithuania banking crackdown

Singapore-based Crypto.com responded to the loss of service by informing its customers that Euro deposits and withdrawals had been “temporarily...
SEC commissioner urges private placement reform after FTX failures
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31 January, 2023

SEC commissioner urges private placement reform after FTX failures

A private placement is the sale of securities to pre-selected, accredited investors as opposed to an offering on public markets...
Monetary Authority of Singapore chief warns global policymakers against legitimizing speculative digital currencies
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28 January, 2023

Monetary Authority of Singapore chief warns global policymakers against legitimizing speculative digital currencies

Shanmugaratnam warned regulators about legitimizing "speculative" digital assets but stressed that he wouldn't hinder consumers from participating in activities tied...
Australia’s Stephen Jones: There are ‘good arguments’ to regulate digital assets as financial products
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27 January, 2023

Australia’s Stephen Jones: There are ‘good arguments’ to regulate digital assets as financial products

Australia’s financial services minister is firmly against creating a new regulatory regime for the entire asset class when a proper...
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