FTX

Damian Williams, the United States Attorney for the Southern District of New York, announced that former FTX CEO Sam Bankman-Fried was charged in an 8 count indictment that includes allegations of fraud, money laundering, and campaign finance offenses. Plus, in testimony before the U.S. House Financial Services Committee, new FTX CEO John J. Ray III said FTX embezzled customer funds.

13 dic 2022

Verified Investing Crypto Chief Market Strategist Gareth Soloway discusses his outlook for the crypto markets as bitcoin (BTC) jumped above $17,000 after the U.S. consumer price index (CPI) report revealed inflation slowed more than expected. Plus, the impact of Sam Bankman-Fried's arrest and the continued fallout of FTX.

13 dic 2022

John J. Ray III, FTX's replacement CEO said in testimony before the U.S. House Financial Services Committee, "This is really old-fashioned embezzlement ... This is just taking money from customers and using it for your own purpose." Freshfields Bruckhaus Deringer Partner Timothy Howard breaks down the latest legal developments, citing his experience working at the United States Attorney’s Office for the Southern District of New York.

13 dic 2022

Former FTX CEO Sam Bankman-Fried is heading into criminal-defense mode, but John J. Ray III is trying to make sense of the company as he seeks a recovery for damaged creditors. In his opening remarks at Tuesday's FTX congressional hearing, the new CEO laid out his key findings since taking over the reins of the bankrupt crypto exchange.

13 dic 2022

New FTX CEO John J. Ray III explains how the crypto exchange compares to Enron. "The multi-billion dollar company used QuickBooks," Ray said at Tuesday's congressional hearing on FTX. He also added, "We had one person, really, controlling this."

13 dic 2022

John J. Ray III, the new CEO of bankrupt crypto exchange FTX, testified before the U.S. House Committee on Financial Services Tuesday. He added, "There were virtually no internal controls and no separateness whatsoever" between FTX and Alameda Research.

13 dic 2022

U.S. prosecutors revealed a litany of charges against Sam Bankman-Fried on Tuesday, the founder and former CEO of crypto exchange FTX, including wire fraud, conspiracy to commit money laundering and campaign finance violations. "The Hash" panel discusses the latest in FTX's collapse.

13 dic 2022

In Sam Bankman-Fried's prepared testimony he planned to deliver to the U.S. House Financial Services Committee Tuesday morning, he said "I would like to start by formally stating, under oath: I f---ed up," according to multiple published reports. "The Hash" panel discusses what to make of Bankman-Fried's remarks.

13 dic 2022

Di Adrian Blust, Adam B. Levine13 dic 2022

Mercati

La banca favorevole alle criptovalute ha annunciato all'inizio di questo mese di essere stata una "vittima" del fallito exchange Cripto .

Di Helene Braun13 dic 2022