FTX Plans to Postpone Sale of Japanese Subsidiary, Seeks to Sell Entire Group to Increase Sale Price
FTX Plans to Postpone Sale of Japanese Subsidiary, Seeks to Sell Entire Group to Increase Sale Price
Silvergate Bank Prepares To Self-Liquidate Following Fed Approval
Silvergate Bank will disclose its self-liquidation strategy in response to an order from the Federal Reserve, citing deficiencies and its connections to the now-defunct cryptocurrency exchange FTX.
Crypto exchange Bittrex files for bankruptcy after SEC complaint
Bittrex Inc, a cryptocurrency exchange, filed for bankruptcy protection on Monday, following allegations by the U.S. Securities and Exchange Commission (SEC) that it was running an unregistered securities exchange. This occurred three weeks after the SEC's accusation against Bittrex.
Amazon NFT Marketplace Launch Delayed
Due to technical and commercial difficulties, the launch of the "Amazon Digital Marketplace" has been postponed by the e-commerce giant Amazon.
G7 Talks to Cover Digital Currency Standards and Crypto Asset Regulation
The G7 discussions will focus on aiding developing countries with central bank digital currency (CBDC) adoption, regulating crypto assets, addressing debt vulnerabilities of middle-income countries, and mitigating challenges posed by digital innovation, such as cyber-security, misinformation, and financial market destabilization.
FTX Founder SBF Lost Track Of $50 Million, Then “Joked Internally” About It
According to recent news from FTX, it has been reported that Sam Bankman-Fried was overheard laughing and making jokes with his colleagues about the misplacement of crypto funds worth millions of dollars.
FTX Identifies Critical Failures By Sam Bankman-Fried And His Inner Circle
FTX, led by CEO John J. Ray III, has issued its initial report that highlights the errors and deficiencies of FTX's prior management helmed by Sam Bankman-Fried.
FTX EU LTD Begins Fund Return Process, Subject to Anti-Money Laundering Checks
The Cyprus Securities and Exchange Commission (CySEC) has approved FTX EU LTD's plan to return funds to its customers, following the failed cryptocurrency exchange FTX's bankruptcy. Customers can request their balances and initiate withdrawals, but will need to go through anti-money laundering checks.
Silvergate, A Cryptocurrency Lending Bank, To Liquidate Following A Fallout With FTX
Silvergate Capital, a bank that has been lending to the cryptocurrency industry for a decade, has announced that it will shut down and liquidate. The decision was attributed to recent industry and regulatory developments.
Will Powell Hearing Wash Out Silvergate FUD From Crypto Market?
Federal Reserve Chairman Jerome Powell is set to testify on Tuesday regarding The Semiannual Monetary Policy Report to the Congress.
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