Auto Added by WPeMatico

Hours before his arrest, SBF denied being part of ‘Wirefraud’ chat group

SBF’s last tweet before his arrest for reportedly committing wire fraud was dispelling his involvement in a group chat purportedly called “Wirefraud.”

Continue ReadingHours before his arrest, SBF denied being part of ‘Wirefraud’ chat group

FTX was an ‘utter failure of corporate controls at every level of an organization’, says CEO

Countering some of SBF's claims, John Ray said that “FTX US was not operated independently of FTX.com” and a Chapter 11 filing was necessary to avoid a bank run.

Continue ReadingFTX was an ‘utter failure of corporate controls at every level of an organization’, says CEO

Research Shows Centralized Exchanges Saw the Most Visits This Year From Americans, Koreans, Russians

Residents of the United States, South Korea and the Russian Federation have been the most frequent users of centralized exchanges this year, according to a new study. The finding comes…

Continue ReadingResearch Shows Centralized Exchanges Saw the Most Visits This Year From Americans, Koreans, Russians