Regulation
Breaking: Caroline Ellison and Gary Wang plead guilty to fraud charges
Both previous leaders of FTX and Alameda Exploration have been charged for their part in the “fakes” that prompted FTX’s breakdown. Previous Alameda Exploration President Caroline Ellison and FTX fellow…
Alaska adds ‘virtual currency’ to its regulatory regime
Beginning in 2023, the organizations should get another kind of permit to work with crypto in the state. From Jan. 1, 2023, the expression “virtual cash” will have its spot…
US Senate banking chair floats possibility of banning crypto
In spite of proposing a potential boycott, U.S. Congressperson Sherrod Brown expressed it would be “truly challenging” to do so in light of the fact that movement “would go seaward.”…
Democrats to reportedly return over $1M of SBF’s funding to FTX victims
Three popularity based boards of trustees, the DNC, the DSCC and the DCCC, vowed to return SBF’s political gifts after the business person was accused of eight counts of monetary…
SBF reportedly files new bail application in the Bahamas Supreme Court
Bahamas media reports that Sam Bankman-Seared held up another bid for bail only two days after an adjudicator denied his past application and called the FTX organizer a flight risk….
FTX Bahamas co-CEO Ryan Salame blew the whistle on FTX and Sam Bankman-Fried
Court filings show Ryan Salame warned the Bahaman protections controller, letting them know that FTX was sending client assets to Alameda Exploration. A high-positioning chief at FTX’s Bahamian element warned…
FSB to lay out global standards for crypto regulation: Reports
Dietrich Domanski, the active secretary general of the FSB, said that new occasions featured that it’s “critical to address gambles” inside the space. The FTX breakdown prodded activity from a…
US lawmakers want State Department to justify crypto rewards and disclose payouts
The State Division ought to present a report on the utilization of digital currencies as a suitable prize payout with proof that proposes it’s more uplifting for informants. The US…
Mike Novogratz: Bankman-Fried is ‘delusional’ and headed to jail
The System Computerized President charges Sam Bankman-Broiled and his associates sustained extortion and recommended they ought to be in prison. Previous FTX Chief Sam Bankman-Seared (SBF) has been thrashed for…
FTX collapse put the Singapore government in a parliamentary hot seat
The resistance MPs has scrutinized the believability over its inability to safeguard retail financial backers from FTX breakdown and had requested information on the degree of misfortunes brought about by…