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FTX Collapse
FTX's Failure Highlights Need for Federally Mandated Insurance, Not More Regulation
There is extensive precedent for requiring companies providing critical infrastructure to get special insurance. Why not require crypto companies to back themselves with a market-based product, say the founders of Evertas, a crypto insurance provider.
FTX Debtors Give Details on Digital Assets Identified So Far
The FTX Debtors group has identified $1.6 billion of digital assets associated with FTX.com and $181 million connected to FTX US.
Congress' FTX Problem: 1 in 3 Members Got Cash From Crypto Exchange's Bosses
The session began with 196 U.S. lawmakers who took direct contributions from Sam Bankman-Fried and other former FTX executives, and many of them are still trying to get rid of it.
A Large Crypto Market Maker Is Already Distancing Itself From New 3AC Venture
The co-founders of bankrupt crypto hedge fund Three Arrows Capital is partnering with CoinFlex, which said the new company will be evolution of its "commitment to building open and transparent financial markets."
DOJ Objects to FTX’s Choice of Lawyers, Citing Conflict of Interest
The US Trustee joins Sam Bankman-Fried and Senators in voicing concern over Sullivan and Cromwell’s previous relations with the crypto exchange
Is Sam Bankman-Fried Losing His Mind?
The alleged fraudster's latest blog post shows a man completely divorced from reality.
Bloomberg, WSJ, CoinDesk Among the Media Outlets Seeking to Know Who Bailed Out Sam Bankman-Fried
Lawyers for the former CEO of failed crypto exchange FTX requested and were granted anonymity for two parties who backed the $250 million bond that sprung Bankman-Fried from jail.
Citi Says Solana Blockchain Activity Remains High
Active addresses and daily NFT trading volume have returned to levels last seen before the collapse of crypto exchange FTX, a report from the bank said.
FTX Cleared to Sell LedgerX, Japanese Units by Bankruptcy Judge
The collapsed exchange is looking to sell off its more separable and solvent assets as it seeks to repay creditors.
After FTX, Crypto Companies No Longer Have ‘Benefit of the Doubt’ on Capitol Hill, Says Congressman
When it comes to regulation, the U.S. needs to “get its act together,” Rep. Jim Himes told CoinDesk TV.
