CFTC struggling to police cryptocurrency fraud

Commodities Futures Trading (CFTC) commissioner Christy Goldsmith Romero acknowledged the overwhelming prevalence of cryptocurrency fraud during a recent white-collar crime conference. She revealed that cryptocurrency-related cases now constitute about 20% of the agency’s workload, citing recent civil actions against FTX… дальше »

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BitBoy Crypto faces backlash, prepares for a legal battle

Popular crypto YouTuber Ben Armstrong loses spot on Killer Whales podcast amidst alleged fraudulent FTX case. Ben Armstrong, a YouTuber, podcaster, and creator of BitBoy Crypto, tweeted that he lost his spot on the Killer Whales podcast due to a… дальше »

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US is losing the Bitcoin movement, says Cathie Wood

Key takeaways Cathie Wood has stated that she believes the United States is losing the Bitcoin movement due to the regulatory system.   She stated that the collapse of FTX proved the concept of Bitcoin. дальше »

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FTT price soars amid fresh reaction to FTX reboot news

The FTX Token price rose more tha 12% on Tuesday to trade at highs of $1. 16. FTT’s upside bounce came as latest court filings showed there are efforts to reopen the collapsed crypto exchange FTX. дальше »

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U.S. Is 'Losing' the Bitcoin Movement: Cathie Wood

Cathie Wood also referenced last year's dramatic collapse of crypto exchange FTX, saying it "proved the concept" of bitcoin дальше »

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FTX Token FTT Pumps As Holders’ Hopes Of Exchange Reopening Soon Swell

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FTX token jumps 12% after news of possible restart emerges

Bankrupt FTX’s native token FTT surged more than 10% after court filings showed CEO John J. Ray III has considered a restart plan for the failed exchange. FTX restart According to a May 22 court filing,  Ray’s billing report for April highlighted several activities he performed toward a possible restart of the platform. дальше »

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Информация о перезапуске FTX подбросило цену токена FTT

Курс токена FTХ (FTT) вырос на 17% после сообщения о том, что управляющий процессом банкротства биржи FTX Джон Рэй рассматривает вопрос ее перезапуска, пишет РБК Крипто. Стоимость FTT в моменте выросла с $0,99 до $1,16. дальше »

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FTX 2.0 Rumors Resurface in CEO’s Legal Billings

Coinspeaker FTX 2.0 Rumors Resurface in CEO’s Legal Billings VC firm Tribe Capital has reportedly indicated its interest to spearhead the fundraising to restart the exchange. FTX 2.0 Rumors Resurface in CEO’s Legal Billings дальше »

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FTX unveils FTX 2.0 strategy, FTT token surges 17%

FTX has made headlines again as FTX 2.0 plans with CEO John Ray III at the helm made rounds. The news drove FTT 8% up as the FTX cryptocurrency exchange is poised for a revival. дальше »

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Цена токена FTT выросла на 9% на фоне возможного перезапуска биржи FTX

Согласно новым судебным документам, представленным на сайте юридической компании Kroll, управляющий биржи FTX Джон Рэй работает над перезапуском платформы. На этом фоне курс токена FTT вырос на 9%. дальше »

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FTX 2.0 launching soon? Court filing shows a reboot plan in the works

The new FTX CEO has undertaken a series of meetings over the past month to work on relaunching the failed crypto exchange by entering into a bidding process. дальше »

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FTX CEO's Legal Billings Continue to Hint at '2.0 Reboot'

John Ray III billed just over 6.5 hours in his last cycle reviewing and working on what appears to be FTX 2.0 materials дальше »

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Stablecoin exchange balance drops below $20B

The volume of stablecoins held on centralized exchanges has fallen below $20 billion—its lowest since April 2021, according to Glassnode data as analyzed by CryptoSlate. According to the chart below, the stablecoin balance across exchanges peaked at over $44 billion in December 2022 when the market was still smarting from FTX’s collapse. дальше »

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‘Big Short’ author Michael Lewis almost ready to publish book on SBF

The author didn’t want to give away too many details on the book, but did note that his recounting of the FTX collapse “aims to read like a piece of fiction.“ дальше »

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‘Big Short’ Author Michael Lewis On The Financial Crisis, FTX And Bitcoin’s Freedom From Intermediaries

At Bitcoin 2023, best-selling author and journalist Michael Lewis shared his views on Bitcoin, FTX and the ills of the financial system. дальше »

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Miami International Securities Exchange acquires FTX subsidiary LedgerX

The Miami International Securities Exchange (MIAX) is owned by Miami International Holdings (MIH). The acquisition deal was announced in April and approved by the bankruptcy judge on May 4. LedgerX is one of the FTX assets the bankruptcy court approved for sale in January. дальше »

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Scaramucci says market’s ‘overshot to the downside’ after FTX collapse is causing BTC to trade at huge discount

SkyBridge founder Anthony Scaramucci said during a Bloomberg TV interview that Bitcoin’s actual intrinsic value is around $40,000 and the flagship crypto is currently trading at an almost 50% discount. дальше »

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MIAX completes acquisition of FTX subsidiary LedgerX

The deal was announced in April and approved by the bankruptcy judge on May 4.

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Less than $20 billion of stablecoins left on exchanges as capital continues to drain

Key Takeaways Nearly $24 billion of stablecoins have left exchanges since FTX collapsed last November The total marketcap of stablecoins has dipped $16 billion in that time Liquidity continues to fall in the crypto space, with capital moving elsewhere despite rising prices Strict regulatory climate in the US, high yields in trad-fi and uncertainty may […] The post Less than $20 billion of stablecoins left on exchanges as capital continues to drain appeared first on CoinJournal. дальше »

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Американских политиков просят вернуть все пожертвования от FTX

Министерство юстиции США направило письма членам Конгресса с просьбой добровольно вернуть средства, полученные от банкротящейся криптовалютной биржи FTX. <br /> дальше »

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FTX seeks to reclaim over $240m in controversial acquisition of Embed

Cryptocurrency exchange FTX, currently undergoing bankruptcy proceedings, has taken legal action against its former CEO, Sam Bankman-Fried, and other individuals involved in the acquisition of the stock trading platform Embed. дальше »

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FTX sues SBF, others over ‘worthless’ fintech company acquisition

Bankrupt crypto exchange FTX sued Sam Bankman-Fried (SBF) and other former executives of the company for the $250 million acquisition of stock clearing platform Embed. According to a May 17 court filing, SBF and other executives — Nishad Singh and Gary Wonder — knew Alameda Research was insolvent and still went ahead with the deal. дальше »

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FTX Units Sue Embed Shareholders, Seek to Retrieve $6.9M

Alameda alleges that Bankman-Fried and other insiders paid Embed misappropriated FTX funds in late September 2022, only weeks before the crypto exchange filed for bankruptcy. дальше »

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Sam Bankman-Fried and FTX Associates Sued for Inflating Stock Platform Deal

FTX filed a lawsuit against former CEO Sam Bankman-Fried and other FTX executives for fraudulently inflating the value of a platform it sold. The post Sam Bankman-Fried and FTX Associates Sued for Inflating Stock Platform Deal appeared first on BeInCrypto. дальше »

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U.S. Court Asked to Reverse Decision to Not Appoint Independent Examiner in FTX Bankruptcy

A Delaware bankruptcy court judge denied a motion to appoint a neutral examiner to avoid a lengthy and costly investigation that would slow the progress of the bankruptcy proceedings. дальше »

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Voyager bankruptcy plan approved, customers may recover 35.7% of claims initially

The third try is a charm for the crypto brokerage, whose assets were almost bought by FTX and Binance.US. Now it’s just handing what it has over to its creditors. дальше »

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This is how much bankrupt crypto lender BlockFi could gain from FTX recovery

Successful litigation against FTX and Alameda could add over $1 billion to BlockFi's coffers The crypto lender still owes millions of dollars to SEC and NASAA Bankrupt crypto lender - BlockFThe post This is how much bankrupt crypto lender BlockFi could gain from FTX recovery appeared first on AMBCrypto. дальше »

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Interview: US crypto regulation

Last week, we published a piece assessing the increasingly hostile environment which the cryptocurrency industry faces in the US.   The sector is being squeezed following a year that saw multiple scandals flood the industry, highlighted by the collapse of cryptocurrency exchange FTX in November and the Terra ecosystem last May. дальше »

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Only half of top 60 crypto companies have an external auditor

After the collapse of FTX and revelations about its lax business practices, investors and the crypto community at large want companies to uphold higher standards but the results of a recent Bloomberg survey indicate that most crypto firms are still shrouded in a veil of mystery and following their own rules. дальше »

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BlockFi Claims Against FTX, Alameda 'Largest Driver' of More Than $1B in Asset Recoveries, Firm Says

The litigation supporting claims against its commercial counterparties is set to make a difference "in excess of $1 billion" to creditors, court filings say. дальше »

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Число биткоин-адресов, держащих от 1 BTC, перевалило за 1 млн

Число биткоин-адресов, содержащих как минимум 1 BTC, преодолело отметку в 1 млн, согласно Glassnode. Наиболее заметные приросты показателя состоялись во время резкого снижения биткоина в июне 2022 года (банкротство 3AC, которому предшествовал коллапс экосистемы Terra) и после 11 ноября (крах FTX). дальше »

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BlockFi Creditors Await Fund Recovery: FTX Clawback in Focus

BlockFi has outlined how it intends to distribute assets among its creditors. But what can be recovered rests on its claims against FTX. The post BlockFi Creditors Await Fund Recovery: FTX Clawback in Focus appeared first on BeInCrypto. дальше »

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Former Executive Backs Up Lawsuit Against FTX Celebrity Promoters

A former FTX regulatory officer, Daniel Friedberg, has come forward to back the lawsuit against FTX celebrity promoters, adding weight to the allegations leveled against the cryptocurrency exchange. Due to his knowledge of the company’s internal compliance practices, Friedberg’s decision to support the legal action is a significant blow to FTX. дальше »

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Ex-FTX compliance chief confirms celebrity promotional activity originated in Florida

FTX. US’ former chief compliance officer Daniel Friedberg has provided evidence confirming that the promotional activity involving celebrities originated in Florida, according to May 11 court filings. дальше »

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Sam Bankman-Fried's Ties to George Santos Are Just the Beginning

The indicted congressman, who wildly embellished his background, received big donations from FTX executives. That was just one strand in Bankman-Fried's tangled influence-peddling web. дальше »

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Former FTX compliance chief supports lawsuit against celebrity promoters

A class action lawsuit against celebrities accused of promoting the now-bankrupt FTX exchange has gained the cooperation of former FTX and FTX U.S. compliance chief Daniel Friedberg.  дальше »

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Lawsuit against FTX celebrity promoters gets backup from former exec

Daniel Friedberg, the former top compliance chief for FTX and FTX US, has provided a declaration that could support the lawsuit.

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US house financial committee gives SEC Chair Gensler ultimatum to respond to inquiries

The U.S. House Committee on Financial Services issued a May 19 ultimatum to the Securities and Exchange Commission (SEC) chair Gary Gensler to respond to its inquiries. In a May 9 letter, the lawmakers demanded that the SEC deliver the requested internal non-public documents of its activities, including its charges against bankrupt FTX founder Sam Bankman-Fried, crypto […] The post US house financial committee gives SEC Chair Gensler ultimatum to respond to inquiries appeared first on CryptoSlate. дальше »

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IRS Asserts First Dibs On FTX Bankruptcy Payout To Recover $44 Billion In Taxes

The US Internal Revenue Service (IRS) has filed tax claims in the FTX bankruptcy as the defunct exchange’s creditors seek fund reimbursement. This recent report shows the IRS filed dues of $44 billion in taxes associated with FTX and its subsidiaries. дальше »

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IRS claims $44b in taxes from bankrupt FTX and its subsidiaries

The IRS filed $44 billion in claims against bankrupt cryptocurrency exchange FTX and its subsidiaries over alleged tax reporting malpractices. дальше »

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IRS Files Claim against FTX & Affiliates, Seeks $44B in Unpaid Taxes

Coinspeaker IRS Files Claim against FTX & Affiliates, Seeks $44B in Unpaid Taxes In its claim, the IRS alleged that FTX, Alameda, and co failed to report transactions and activities for a sustained period. дальше »

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IRS подала иски на сумму $44 млрд против FTX

Налоговая служба США &#40;IRS&#41; подала иски на сумму почти $44 млрд против банкротящейся криптобиржи FTX и аффилированных с ней лиц. дальше »

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IRS Claims Priority Over FTX Bankruptcy Creditors to Retrieve $44B in Taxes

The IRS is asserting priority over FTX creditors in the bankruptcy case based on a circulating tax bill associated with Alameda Research. The post IRS Claims Priority Over FTX Bankruptcy Creditors to Retrieve $44B in Taxes appeared first on BeInCrypto. дальше »

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IRS claiming $44B from FTX bankruptcy: Report

The single biggest claim involves unpaid partnership and income taxes of $20.4 billion assessed against Alameda Research.

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U.S. Internal Revenue Service Files Claims Worth $44 Billion Against FTX Bankruptcy

The largest of the claims includes a $20.4 billion claim against Alameda Research LLC, which details nearly $20 billion in unpaid partnership taxes. дальше »

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С основателя криптобиржи FTX Сэма Банкмана-Фрида попросили снять почти все обвинения. Почему?

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FTX Token (FTT), VGX, JASMY, LOOM to Be Moved Back into Innovation Zone by Binance, CZ Explains Why

Binance is moving 18 tokens, including FTT and VGX, into Innovation Zone, here's what's happening дальше »

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Binance moves bankrupt Voyager, FTX tokens to innovation zone

Crypto exchange Binance has moved the native tokens of bankrupt crypto firms Voyager (VGX) and FTX (FTT) to its innovation zone. According to a May 10 statement, the exchange moved them alongside 16 other struggling digital assets like JasmyCoin (JASMY), OMG Network (OMG), WazirX (WRX), Serum (SRM), OAX (OAX), and others. дальше »

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FTX’s Bankman-Fried challenges law firm’s role in prosecution

FTX founder Sam Bankman-Fried seeks to involve FTX’s current leadership and its legal representatives at Sullivan & Cromwell in the criminal case against him, claiming their extensive cooperation with the government. дальше »

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