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State of Crypto
Bahamas Securities Regulator Ordered FTX to Transfer Crypto to Government Wallets
The Securities Commission of the Bahamas announced Thursday that it ordered the contents of FTX's crypto wallets to be transferred to government-controlled wallets on the previous Saturday. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the latest.
FTX’s New CEO Condemns Sam Bankman-Fried’s Management of the Crypto Exchange
New FTX CEO John J. Ray III issued a scathing assessment of "unprecedented" poor management practices by his predecessor, Sam Bankman-Fried, in a series of filings in a Delaware court. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the details.
Genesis’ Crypto-Lending Unit Pauses Customer Withdrawals Amid FTX Collapse
The lending arm of crypto investment bank Genesis Global Trading is temporarily suspending redemptions and new loan originations in the wake of FTX’s collapse, Interim CEO Derar Islim told customers on a call Wednesday. Genesis owner Digital Currency Group is also the parent company of CoinDesk. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De weighs in.
Ang Mahabang Bisig ng FTX
Mahirap i-overstate kung gaano karaming FTX ang naka-embed sa mas malawak na mundo. Na maaaring magdulot ng ilan sa mga tugon sa pagbagsak nito.
FTX May Have More Than 1M Creditors, New Filings Say
FTX may have more than 1 million creditors, according to a court filing that began to explain the company's descent into bankruptcy. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the details. Plus, the latest on the liquidators approved by the Bahamian Supreme Court for FTX's assets.
FTX Facing Criminal Investigation in the Bahamas
Law enforcement in the Bahamas are investigating crypto exchange FTX following the platform's swift collapse. A local financial regulator also said that FTX was not required to allow Bahamas-based customers to withdraw their funds. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De weighs in.
FTX Files for Bankruptcy Protections in US; Sam Bankman-Fried Resigns
Crypto exchange FTX announced that it is filing for Chapter 11 bankruptcy and Sam Bankman-Fried has stepped down from his role as CEO but will “remain to assist in an orderly transition.” CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De weighs in.
FTX Japan Ordered by Regulator to Pause Operations Following Withdrawal Halt
Japan's Financial Services Agency has ordered the local unit of Sam Bankman-Fried's crypto exchange FTX to suspend operation amid its liquidity crisis. CoinDesk Executive Director of Global Content Emily Parker discusses the details and the implications for FTX in Asia. Why did FTX leave Hong Kong and what is the country's state of crypto regulation now?
What the Midterm Election Results Mean for Crypto
CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what the U.S. midterm election results mean for crypto adoption and regulation as Republicans are headed toward control of the House of Representatives.
