Financial Times


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TaxBit Exec on FTX Collapse, Crypto Taxes

The Financial Times reports FTX held less than $1 billion in liquid assets against $9 billion in liabilities before its bankruptcy filing. TaxBit Government Relations Senior Director Seth Wilks discusses the collapse of FTX and its financial considerations. Wilks also shares his insights into crypto taxes amid IRS scrutiny of the industry.

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Crypto Doesn’t Have Same Level of Ethics as Private Equity, Billionaire Says

The Financial Times reports that billionaire co-founder of Thoma Bravo, Orlando Bravo, said he was disappointed that some ethical standards in parts of the crypto industry are not at the same level "we're all used to in private equity." "The Hash" panel discusses the article and Bravo's views on bitcoin (BTC).

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South Korea Reportedly Asks Interpol to Issue Red Notice for Do Kwon; UK Regulator’s FTX Warning

According to a Financial Times report, authorities in South Korea are asking Interpol to issue a “red notice” for Do Kwon, the co-founder of the now-defunct stablecoin issuer Terraform Labs, as his current location is unknown.

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