South Korea seizes $104M from Terra co-founder suspecting unfair profits
The decision to freeze Shin’s asset worth over $104 million was approved by the Seoul Southern District Court, which was...
Month: November 2022
FTX leadership pressed for information by US subcommittee chairman
A letter by the chair of the Subcommittee on Economic and Consumer Policy demanded the former and current FTX CEOs...
Ontario Teachers’ Pension Fund Writes Down Entire Investment in Bankrupt Crypto Exchange FTX Citing ‘Potential Fraud’
Ontario Teachers’ Pension Plan (OTPP), one of the largest pension plans in the world, is writing down its investment in...
Bahamas Regulator Takes Action to Seize FTX’s Cryptocurrencies to ‘Protect’ Clients and Creditors
The Securities Commission of the Bahamas has ordered crypto exchange FTX to transfer its cryptocurrencies to a wallet controlled by...
Big Four Company KPMG to Examine New Business Models in the Metaverse
KPMG, one of the “big four” companies in the consulting and auditing business, is appointing a new head of metaverse...
Grayscale cites security concerns for withholding on-chain proof of reserves
Grayscale shared a letter from Coinbase Custody attesting that each of Grayscale’s crypto products is fully backed, but stopped short...
CFTC Commissioner Mersinger says the time has come for action on crypto regulation
The commissioner said Congress may have to intervene in relations between the regulating agencies, but both have a role to...
The fall of FTX and Sam Bankman-Fried might be good for crypto
Let's ensure that the companies replacing FTX in the public eye understand what cryptocurrency is about and want to get...
Nickel Digital, Metaplex and others continue to feel the impact of FTX collapse
Some companies have resulted in layoffs to deal with their million-dollar losses. Nickel Digital Asset Management is not the only...
FTX collapse could trigger ‘appetite’ for harsher regulation, says Andrew Yang
“This is categorically a very, very negative thing for human beings and for the regulatory environment,” Yang said. Calls for...
Bitcoin traders increase leverage longs even as crypto critics say BTC is a ‘pure Ponzi’
In the past 48 hours Bitcoin traders added to their leveraged long positions even as crypto critics and politicians ramp...
FTX Execs Gave $70 Million to Both Democrats and Republicans Heading Into the 2022 US Midterms
After the collapse of FTX, a number of journalists reported on the fact that FTX executives deployed significant donations to...
People Are Still ‘Bullish’ About FTT and CEL, 2 Tokens Backed by Bankrupt Crypto Businesses
Despite the recent collapse and the exchange filing for bankruptcy protection, crypto traders are still paying more than a U.S....
EverEarn Ethereum Blockchain Public Presale With USDC Rewards
PRESS RELEASE. As if the cryptoverse needed more reasons for people to be fearful, both FTX and BlockFi rocked cryptocurrency...
Analysis of FTX and Alameda Collapse Points to Terra LUNA Fallout Starting the Domino Effect
An analysis of the FTX and Alameda Research collapse has been published by the blockchain and crypto analytics firm Nansen...
