A 25-year-old Florida man was sentenced to 18 months in prison for stealing over $20 million in cryptocurrency as part of a SIM swapping scheme.
FTX provided BlockFi with a $400 million line of credit earlier this year.
The former FTX CEO made no mention of customer funds being misappropriated or other recent FTX revelations.
Customers in Europe can now use the Austrian crypto exchange's custody and proprietary trading services.
A weekend search for $1 billion in additional finance has come up short for crypto brokerage Genesis, which is looking for a large cash injection to stay solvent.
Do Kwon, the founder of Terraform Labs, is said to have relocated to an unspecified European country via Dubai and Singapore.
Singapore aspires to be a worldwide cryptocurrency centre, but has been wary of cryptocurrencies because of their volatile and speculative character, sending contradictory signals to the industry.
According to FTX creator Sam Bankman-Fried, Hong Kong will outperform Singapore and Korea in Web3 adoption.
With Rishi Sunak's victory in the Conservative leadership race, the United Kingdom's aspirations to become a crypto hub have new life.
Having previously enjoyed an exemption, Coinbase now joins 17 other companies in getting in-principle clearance from Singapore's central bank.
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