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Regulation
John J. Ray III, the new CEO of FTX.com, said the company's failure was caused by the “concentration of control in a very small group of grossly inexperienced and unsophisticated individuals."
Lachlan Keller
Regulation
The fall from grace: Once one of the most admired figures in crypto, the former head of the FTX exchange is unlikely to see his Bahamas penthouse anytime soon after being arrested Monday on U.S. charges that are expected to lead to his extradition.
Danny Park
Regulation
Stablecoins in USD are becoming the digital world’s default currency — which burdens ordinary crypto users and monetary policies in smaller nations, writes Wei Zhou of Coins.ph.
Wei Zhou
Regulation
Sam Bankman Fried, founder and former CEO of FTX exchange, was arrested and taken into custody by the Royal Bahamas Police on Monday.
Danny Park
Regulation
Prosecutors at the U.S. Department of Justice (DOJ) are reportedly split on filing charges against Binance and its executives on possible money laundering and sanctions violations, as part of a long-running criminal investigation.
Zoltan Vardai
Regulation
Crypto is weathering this year’s extreme turbulence so far. But its long-term health will require the sector's urgent attention to regulation, education and security, writes Oliver Linch, CEO of Bittrex Global.
Oliver Linch
Regulation
The Hong Kong Securities and Futures Commission (SFC) is drafting regulatory requirements for the local licensed crypto exchanges, in light of the FTX debacle, according to a report on Monday by Hong Kong public broadcaster RTHK
Ningwei Qin
Regulation
S.Korean authorities may mandate companies to pursue direct approval from regulators to list their crypto on local digital assets exchanges.
Danny Park
Regulation
Michael McCaffrey, the CEO of crypto news outlet The Block, resigned after reports revealed that he received undisclosed multi-million dollar loans from Alameda Research.
Lachlan Keller
Regulation
Sam Bankman-Fried, the founder of the now-bankrupt FTX exchange, has missed the deadline set by the U.S. Senate Committee to confirm his appearance at an upcoming hearing.
Zoltan Vardai
