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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...
FTC sues to block Microsoft’s acquisition of Activision Blizzard, crushing its metaverse ambitions
FTC says the acquisition would give Microsoft monopoly powers which the firm has abused in the past–it deals a big...
US securities regulator demands listed companies disclose ‘crypto’ contagion
In light of the recent FTX collapse, the U.S. Securities and Exchange Commission now wants U.S.-listed firms to disclose any...
Onecoin crisis manager facing fraud, money laundering charges fights to prevent US extradition
If tried in his home country of Luxembourg, Frank Schneider will face up to five years in prison, but extradition...
Kentucky probes electricity discounts to block reward miners
A local environmental group criticized the discounts and urged the state to reconsider, saying Kentuckians will be left stuck with...
FTC is probing digital asset firms over misleading ads: report
FTC revealed to Bloomberg it’s going after several companies over their ads, but withheld their names, months after Kim Kardashian...
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