BlockFi wins court’s approval to auction BTC mining assets
BlockFi told the court that the current upswing in the BTC mining sector makes it the ideal time to sell, with the judge approving a February 20 deadline for bids.
Latest Sam Bankman-Fried News
Feds probe Silvergate bank’s ties to FTX, SBF vs. CZ cage-match documentary
The fraud division of Department of Justice recently began scrutinizing Silvergate Bank for its dealings with SBF's FTX exchange and its affiliated market-maker Alameda Research, according to Bloomberg.
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 their money was safe.
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 report into the history of the Celsius fraud.
Oblivious Sam Bankman-Fried seeks access to FTX assets, execs
Prosecutors claim Sam Bankman-Fried's message to Ryne Miller and former FTX staff is "suggestive of an effort to influence" potential testimonies and a clear violation of standard bail conditions.
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 disabled.”
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 (such as via an IPO).
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 framework for regulating financial products currently exists.
Digital Currency Group’s Luno exchange cuts staff, Grayscale won’t cut fees
In a 'town hall' meeting on January 25, U.K.-based digital assets exchange Luno revealed that around 35% of them were out of a job.
Sam Bankman-Fried loses fight over FTX lawyers, dodges home invasion
The U.S. bankruptcy court in Delaware held a hearing into the bankruptcy of FTX, Alameda Research and the countless other appendages of the once mighty crypto empire of Sam Bankman-Fried.
CoinDesk sale rumors offer hope for truthful Bitcoin coverage
While Digital Currency Group shareholders were bracing for impact, Wall Street Journal revealed that DCG’s wholly-owned CoinDesk subsidiary was exploring a possible sale.
Regulators in Japan urge global policymakers to treat digital currencies like banks
Mamoru Yanase's arguments are coming following the collapses of high-profile firms in the industry like FTX, Three Arrows Capital (3AC), and Celsius.