ftx – Page 36 – Miami Crypto Coin

UK regulator investigates charity linked to FTX

Post author:MiamiCrypto
Post published:January 30, 2023
Post category:Charity ftx law Regulation United Kingdom

The Charity Commission opened the inquiry on Dec. 19, after FTX had filed for bankruptcy in the United States and former CEO Sam Bankman-Fried was arrested.

Aussie regulator flagged concerns about FTX months before collapse: Report

Post author:MiamiCrypto
Post published:January 30, 2023
Post category:ASIC Australia australian securities and investments commission crypto exchange ftx

Australia’s financial regulator raised concerns about FTX Australia not long after it began operations in March 2022, according to documents.

Sam Bankman-Fried seeks to access FTX funds

Post author:MiamiCrypto
Post published:January 28, 2023
Post category:Bankruptcy ftx Sam Bankman-Fried

Sam Bankman-Fried lawyers claim he was not involved in previous unauthorized transactions, and should have access to company assets.

The state of Solana: Will the layer-1 protocol rise again in 2023?

Post author:MiamiCrypto
Post published:January 27, 2023
Post category:developers ftx layer2 polygon Solana Transaction Fee Transactions

Despite the latest FTX-related crisis, Solana still has what it takes to win the layer-1 race, according to the head of strategy at the Solana Foundation, Austin Federa.

FTX lawyers to reap millions from the bankruptcy case: Report

Post author:MiamiCrypto
Post published:January 27, 2023
Post category:Court ftx law Sam Bankman-Fried

FTX’s legal team from Sullivan & Cromwell has 150 people on the bankruptcy case, with thirty partners reportedly charging more than $2,000 per hour.

FTX legal team calls for Sam Bankman-Fried’s family to answer questions under oath: Report

Post author:MiamiCrypto
Post published:January 26, 2023
Post category:Court ftx law Regulation Sam Bankman-Fried

Joseph Bankman, Barbara Fried and Gabriel Bankman-Fried could reportedly face questions in bankruptcy court about any financial benefits they may have received from FTX.

SBF allegedly used FTX money to invest $400M in obscure VC firm

Post author:MiamiCrypto
Post published:January 26, 2023
Post category:ftx investigation Investments Sam Bankman-Fried

SBF’s Modulo investment was likely made using misappropriated money that FTX deposits by customers, U.S. prosecutors alleged.

Breaking: BlockFi uncensored financials reportedly shows $1.2B FTX exposure

Post author:MiamiCrypto
Post published:January 25, 2023
Post category:Alameda Research Bankruptcy blockfi Court ftx

The documents previously censored financial information relating to FTX and Alameda Research, but uncensored copies were released by mistake.

UAE Says No Virtual Asset Service Provider Has Been Granted an Operating Permit

Post author:MiamiCrypto
Post published:January 21, 2023
Post category:Binance crypto exchange ftx Regulation virtual asset service providers (VASPs)Virtual Assets Regulatory Authority (VARA)World Economic Forum

The United Arab Emirates virtual assets regulator has said no crypto entity has been granted the full market product (FMP) license. According to the country’s minister of state for artificial…

FTX VCs liable to ‘serious questions’ around due diligence — CFTC Commissioner

Post author:MiamiCrypto
Post published:January 21, 2023
Post category:cftc ftx Funding Sam Bankman-Fried United States Venture Capital

The lack of recordkeeping of FTX coupled with “an auditor no one’s ever heard of” forces the CFTC to ask questions about the mindset of the institutional investors.