Contributor
Dylan Butts is a Forkast journalist based in Hong Kong. He has previously wrote for publications such as NBC and the South China Morning Post, covering a wide range of topics including business and technology. Dylan holds a bachelor's degree in economics from St. Lawrence University and a master's in journalism from the University of Hong Kong.
Regulation
The next financial crisis will come from “private cryptocurrencies” if they are not banned, RBI Governor Shaktikanta Das said at a banking and finance event on Wednesday.
Dylan Butts
Bitcoin News
BlockFi, an early victim of the financial contagion caused by the collapse of the FTX cryptocurrency exchange, said it wants to return assets locked up in its bankruptcy proceedings.
Dylan Butts
Altcoins
The deal will need approval in a court hearing on January 5 and also faces a vote by creditors under Voyager’s chapter 11 bankruptcy filing.
Dylan Butts
Regulation
FTX founder Sam Bankman-Fried appeared in court in the Bahamas, but did not agree to be extradited to the U.S.
Dylan Butts
Regulation
Sam Bankman-Fried has reportedly made a second application for bail in the Bahamas – this as lawyers feud over control of the FTX bankruptcy, raising concern the sour grapes may seep into efforts to have Bankman-Fried extradited to face fraud charges in the U.S.
Dylan Butts
Regulation
As U.S. prosecutors line up charges against Sam Bankman-Fried, the founder of the collapsed FTX cryptocurrency exchange, Senator Elizabeth Warren is seeking to pass bipartisan regulation to rein in the "dark underbelly" of the crypto industry.
Dylan Butts
Altcoins
The bankruptcy of cryptocurrency exchange FTX doesn't represent the biggest losses for crypto investors in 2022, according to a report from Chainalysis.
Dylan Butts
Regulation
Members of a U.S. Congressional hearing expressed frustration about the timing of Bankman-Fried’s arrest, saying they wanted him to testify under oath so the public could get the answers they are seeking about the collapse of FTX.
Dylan Butts
Altcoins
The Binance cryptocurrency exchange “temporarily paused” USDC stablecoin withdrawals while it carried out a “token swap,” the company announced Tuesday.
Dylan Butts
Regulation
FTX's Sam Bankman-Fried has been charged by the U.S. SEC for orchestrating a years-long fraud on investors, the agency announced on Tuesday.
Dylan Butts
