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Latest from Parikshit Mishra
CFTC Sues Sam Bankman-Fried, Alameda Research for Fraud
In a filing, the regulator says Bankman-Fried misrepresented the health of his companies, impacting the price of bitcoin and ether.

US SEC Charges Sam Bankman-Fried for Defrauding FTX Investors
Bankman-Fried illegitimately used customer funds to support his lavish lifestyle and make political donations, the regulator alleged.

US Prosecutors Look to Charge Binance, Executives on Possible Money Laundering Violations: Reuters
The Department of Justice has also discussed a possible plea deal with Binance's lawyers, the report added.

Crypto Infrastructure Firm Blockstream Seeks to Raise Funds at 70% Lower Valuation: Bloomberg
The under $1 billion valuation is a far cry from the $3.2 billion valuation Blockstream had received in 2021.

Stablecoin Issuer Circle Cancels Plan to Go Public
The firm ends SPAC deal under which it would have become a listed company.

Australian Crypto Exchange Swyftx Cuts 90 Jobs, Reducing Workforce by 35%
The exchange said that it doesn't have any direct exposure to FTX, although the job cuts are a result of the crypto downturn caused by FTX.

Galaxy Digital Wins Auction to Buy GK8 From Bankrupt Crypto Lender Celsius
The self-custody platform acquired by Celsius over a year ago was put on the block following the lender's bankruptcy filing in July.

Crypto Exchange Binance Allocates Another $1B for Its Customer Support Fund
The exchange also said prominent crypto companies including Aptos Labs and Jump Crypto joined its industry restructuring initiative.

Singapore Starts Fraud Investigation Into Crypto Exchange Hodlnaut
The police are looking into allegations of cheating and fraud by the company and its directors.

Ethereum Software Firm ConsenSys Reveals It Collects User Data
The firm said when using Infura as an RPC on MetaMask a user's IP address and wallet address information would also be collected.
