Cryptocurrency firms left bankless following the downfall of two industry lenders have found new homes. That’s according to a Monday (March 27) report by the Wall Street Journal, which says some banks have welcomed business from crypto companies, even as the industry faces increased pressure from U.S....
U.S. prosecutors are reportedly investigating a third member of Sam Bankman-Fried’s inner circle. Prosecutors are investigating bankrupt cryptocurrency exchange FTX’s former engineering director, Nishad Singh, to see if he had a role in the alleged fraud conducted by FTX and its affiliated trading firm Alameda...
The first congressional inquiry into what went wrong at FTX is happening today (Dec. 1). In what is sure to be just one of many such hearings investigating the historical demise of Sam Bankman-Fried’s $32 billion cryptocurrency empire, U.S. Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam will testify...
The Commodity Futures Trading Commission (CFTC) appears to have won another round in its fight with the Securities and Exchange Commission (SEC) for control of crypto oversight. The leaders of the Senate Agriculture Committee on (Wednesday) Aug. 3 announced a bipartisan bill that would give...
March 27, 2023
Cryptocurrency firms left bankless following the downfall of two industry lenders have found new homes. That’s according to a Monday (March 27) report by the Wall Street Journal, which says some banks have welcomed business from crypto companies, even as the industry faces increased pressure from U.S. regulators. This month has seen two banks once known for […]
January 06, 2023
U.S. prosecutors are reportedly investigating a third member of Sam Bankman-Fried’s inner circle. Prosecutors are investigating bankrupt cryptocurrency exchange FTX’s former engineering director, Nishad Singh, to see if he had...
December 01, 2022
The first congressional inquiry into what went wrong at FTX is happening today (Dec. 1). In what is sure to be just one of many such hearings investigating the historical demise of Sam Bankman-Fried’s...