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US prosecutors have reportedly targeted Ryan Salame – ex-CEO of FTX’s Bahamian subsidiary – over a possible breach of the law when donating funds to his then-girlfriend’s political campaign in…
Rohit Sipahimalani – Chief Executive Officer of the Singaporean state-owned conglomerate Temasek – said the entity is currently not interested in cryptocurrency investments due to the lack of regulatory clarity. …
According to US Bankruptcy Judge Sean Lane, Genesis, whose repayment plan was pending approval, will first have to resolve its outstanding issues with FTX. The announcement came mere hours after…
There’s no respite for BlockFi as the bankrupt crypto lender struggles to pay its creditors and customers. BlockFi has brought forward several proposals since sliding into bankruptcy last year owing…
The prominent American businessman, TV personality, investor, and owner of the Dallas Mavericks – Mark Cuban – lambasted the US Securities and Exchange Commission (SEC) for choosing “the wrong path”…
The Monetary Authority of Singapore (MAS) will reportedly insist that cryptocurrency firms keep clients’ assets in a designated trust by the end of 2023. The step comes several months after…
On June 28, it was reported that the investment bank acting as an adviser to FTX, informed bidders this month about the sale suspension. Multiple interested buyers have requested and…
John J. Ray III – CEO and Chief Restructuring Officer of FTX and its affiliated debtors – maintained that the once-prominent cryptocurrency exchange commingled customer deposits from its get-go. He…
In a bid to recover as many assets as possible and potentially even reboot FTX, the bankrupt exchanges’ new leadership has been filing clawback requests from previous business partners and…
Alibaba Group – a Chinese technology company specializing in e-commerce – announced that Joseph Tsai will replace Daniel Zhang as the entity’s new Chairman. The Taiwanese-Canadian billionaire businessman is known…