FTX

Recently, Kraken closed its Abu Dhabi office less than a year after securing a license in the region. This comes after the crypto exchange announced a wave of layoffs last year. Kraken's Head of Strategy Tomas Perfumo addresses reorganization, saying it was "independent of any any of event like FTX [but] born out of the notion we're trying to focus."

Feb 8, 2023

SPiCE VC co-founder and managing partner Tal Elyashiv discusses the responsibility of venture capitalists and outlook on funding for crypto startups in the wake of FTX filing for bankruptcy. Plus, his outlook on investments in the AI and blockchain space as those technologies continue to evolve.

Feb 8, 2023

U.S. District Judge Lewis Kaplan of the Southern District of New York rejected a joint request to modify former FTX CEO Sam Bankman-Fried's bail conditions to allow him to use certain messaging tools. The motion is "denied without prejudice" until a hearing on Thursday. "The Hash" panel discusses the latest developments.

Feb 7, 2023

A bankruptcy court judge declined to rule definitively on whether to appoint an independent examiner to the FTX bankruptcy case. The U.S. government argued that the statute called for the judge to demand such an examination, while FTX said a probe would represent a costly duplication. Baric & Associates Partner Steve Baric weighs in on the latest legal proceedings and the potential biggest hurdles for FTX’s new chief executive, John J Ray III.

Feb 6, 2023

The U.S. bankruptcy judge overseeing FTX's Chapter 11 proceedings is considering a request by the U.S. Department of Justice to appoint an independent examiner to investigate the exchange's collapse. Murphy and McGonigle Founder James Murphy weighs the pros and cons of an independent examiner and shares his legal analysis.

Feb 6, 2023

FTX Group is sending "confidential letters" to politicians and other political beneficiaries of Sam Bankman-Fried, his deputies and his companies, asking them to return the money by the end of the month. This comes as Emergent Fidelity Technologies, a firm co-founded by SBF and former executive Gary Wang, filed for Chapter 11 bankruptcy protection. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what we know so far.

Feb 6, 2023

The U.S. bankruptcy judge overseeing FTX's Chapter 11 proceedings is considering a request by the U.S. justice department to appoint an independent examiner to investigate the collapse of the crypto exchange. This decision may come today at a Delaware court hearing. Murphy & McGonigle founder James Murphy discusses the legal considerations around the latest developments in FTX's bankruptcy process.

Feb 6, 2023

Counsel for former FTX CEO Sam Bankman-Fried is currently in talks with U.S. prosecutors to “resolve the outstanding issues related to Bankman-Fried’s bail conditions,” according to a court filing. Meanwhile, Proposals to subpoena FTX founder Sam Bankman-Fried, his immediate family and senior staff of the bankrupt crypto exchange have been opposed by the U.S. Trustee. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De breaks down the latest on Sam Bankman-Fried and FTX's hearings.

Feb 3, 2023

Hodder Law Firm Founder and Managing Partner Sasha Hodder discusses the whereabouts of bankrupt crypto exchange FTX's liquid assets worth at least $5 billion. "It's spread across thousands of different places right now," Hodder said. "It's not centralized at all."

Feb 2, 2023

A New York judge has prohibited Sam Bankman-Fried from attempting to contact any former or current employees of Alameda Research or FTX. Bankman-Fried has also been prohibited from using Signal or other ephemeral messaging applications. Hodder Law Firm Founder and Managing Partner Sasha Hodder discusses the feasibility of enforcing this ruling.

Feb 2, 2023