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The United States Trustee handling FTX’s bankruptcy proceedings has referred to the now-defunct exchange as the “fastest big corporate failure in American history,” and is calling for an independent probe to look into its…
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Texas State Securities Board blames Sam Bankman-Fried for violating the Securities Act. The Texas State Securities Board (SSB), an Austin-based Texas state agency, has called former FTX CEO Sam Bankman-Fried to testify in…
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Crypto executives and politicians are becoming louder in their calls for crypto regulation as the aftermath of the FTX collapse continues to reverberate through the industry. In just the last 24 hours, the…
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Russian President Vladimir Putin said there is a need for a new and independent international settlement system amidst the sanctions and restrictions placed on his country. President Putin said the new system would…
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Russian President Vladimir Putin criticized monopoly in global financial payment systems and called for an independent and blockchain-based settlement network on Nov 24, speaking at the International AI Journey Conference in Moscow. During…
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The CEO of fintech firm Block Earner has lashed out over the “lack of clarity” in Australia’s financial licensing regime after his company was sued by the country’s financial services regulator for providing…
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El Salvador president Nayib Bukele compares the FTX exchange to a Ponzi scheme and hails Bitcoin’s scarcity and deflationary properties. Bukele lumped the Bernie Madoff case, Enron, WorldCom, and Sam Bankman-Fried’s collapsed FTX exchange in the Ponzi…
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The FTX hacker that drained over $450 million worth of assets just moments after the doomed crypto exchange filed for bankruptcy on Nov. 11, continues to drain assets from the exchange, four days…
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The Securities and Exchange Commission has won its case against LBRY, Inc., the company behind the LBRY protocol announced Monday along with a published copy of the ruling. “We lost. Sorry everyone,” LBRY…