US prosecutors seek 12-month probation for BitMEX employee
Former BitMEX worker Greg Dwyer was slapped with a 12-month probation for failing to set up an AML program in collaboration with his bosses, making the firm a money laundering platform.
Search Results for: cartel
What’s the beef between Changpeng Zhao and Sam Bankman-Fried?
Sam Bankman-Fried and Changpeng Zhao have been exchanging blows for months, to the point that when announcing the liquidation, Zhao and his cohort were quick to deny any suggestion that the move was an attack on FTX.
FTX collapse: Full impact has yet to be seen—Bloomberg
Bloomberg covered what's going on with FTX, talking to experts from rival exchanges and SEC Commissioner Hester Peirce about what happens next.
Binance’s Changpeng Zhao using FTX downfall to rebrand as crypto’s good guy
Changpeng Zhao leverages FTX's downfall to paint a picture of Binance as a savior of fallen digital asset projects in a bold attempt to wash away the reputational stains of the 'crypto' industry.
FTX Bankruptcy: Hacked, regulated or rug-pulled as traders despair
Observers noticed on-chain records showing "hundreds of millions of dollars" worth of digital assets began leaving the FTX exchange’s wallets late on Friday night.
Coinbase surviving on USDC interest as YTD losses top $2 billion
The lone bright spot on Coinbase’s subscription and services chart was interest income, which shot up 213% to $101.8 million, thanks largely to the U.S. Federal Reserve hiking its lending rates.
Binance bails on FTX bailout but won’t dodge regulatory scrutiny
Binance has backed out of the acquisition deal upon realizing the size of the unfunded liabilities on FTX’s balance sheet.
FTX: Here we go again, as traders wonder where their money went
A few months ago, FTX CEO Sam Bankman-Fried was seen as a savior, but now some see him as a villain trying to corner the digital asset market by snapping up its failing projects at bargain prices.
The Sam Bankman-Fried illusion has been shattered
In June, Sam Bankman-Fried said many 'crypto' companies are secretly insolvent while assuring that his firm, FTX, has enough to cover all client holdings, in contrast to what FTX personnel are claiming.
Binance to buy FTX.com—Is Sam Bankman-Fried finished?
Binance offered to buy FTX.com for an undisclosed sum, and after some due diligence checks, it will officially own one of its biggest exchange competitors.
FTX.US, BlockFi halt withdrawals as ‘crypto’ fear goes viral
The FTX exchange may have filed for bankruptcy protection but there’s no real defense against the sector-wide carnage this scandal has unleashed.
Judge rules against LBRY in securities case: what does it mean for Ripple?
LBRY lost its battle against the SEC following a federal judge's ruling that the LBC tokens are securities, sending a signal that Ripple may likely face the same fate.