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Latest from Cheyenne Ligon
Bahamian Prime Minister Doesn’t Regret FTX
Philip Davis says the country is “open for business” for legitimate digital-assets companies.
Franklin Templeton CEO: The Future of the Crypto Industry Is Regulated
At CoinDesk’s annual Consensus conference, CEO Jenny Johnson said cryptocurrencies such as bitcoin were a “distraction” from the benefits of blockchain technology.
Sempo Delivers Cash Aid for the Unbanked in Crisis
Digital money is becoming the go-to vehicle for serving people recovering from disaster. But when those in need have no smartphones or bank accounts, aid organizations have to distribute cash more creatively. That’s why Sempo is one of CoinDesk’s Projects to Watch 2023.
In the Ukraine War, Stellar Aid Assist Is Using Crypto to Give Mass Aid
The payment app that leverages stablecoins for fast and cheap transfer was designed to be user-friendly for trauma and disaster victims. That’s why Stellar Aid Assist is one of CoinDesk’s Projects to Watch 2023.
FTX’s Bankruptcy Lawyers: ‘The Dumpster Fire Is Out’
At a hearing on Wednesday, lawyers for the now-defunct exchange described it as a “digital Potemkin village” run by former CEO Sam Bankman-Fried.
Crypto Exchange FTX Could Reopen, Its Attorney Says; Firm’s FTT Token Surges
FTT's price more than doubled.
Sen. Warren, Rep. AOC Ask Circle, BlockFi Why They Banked at SVB
The lawmakers are asking 14 firms about SVB’s “white glove” treatment of some of its largest depositors.
Wyoming Defends ‘Legitimacy’ of Its Crypto Charter Framework in Custodia Lawsuit
The state's attorney general claims the Kansas City Fed’s decision to deny Custodia’s master account rests partly on “perceived inadequacies in Wyoming’s laws and regulations.”
Former FTX US President Reportedly Quit After ‘Protracted Disagreement’ With Bankman-Fried
A new 45-page report detailing accounting failures at the failed crypto exchange says that at one point employees were instructed by an unnamed higher-up to “come up with some numbers? Idk.”
NYDFS Chief Dismisses 'Choke Point 2.0' Theory of Signature’s Closure as 'Ludicrous'
Adrienne Harris, the superintendent of the New York Department of Financial Services, said the decision to close the bank was instead due to a “new-fashioned bank run.”
