FTX
SEC, CFTC Charge FTX’s Singh With Fraud Following Criminal Plea; Bitcoin ETF Dispute Heads to Court
The U.S. Securities and Exchange Commission and Commodity Futures charged former FTX director of engineering Nishad Singh with fraud allegations on Tuesday, following his guilty plea to similar charges in a federal court. Separately, Grayscale says it’s preparing to argue in court next week that the SEC inappropriately treated its bitcoin exchange-traded fund bid differently than earlier decisions approving bitcoin futures-based ETFs. Grayscale and CoinDesk are both owned by Digital Currency Group (DCG).
Robinhood Received Crypto-Related Subpoena Request From SEC: 10K Filing
Robinhood Markets (HOOD) received an investigative subpoena from the U.S. Securities and Exchange Commission regarding its crypto operations shortly after the FTX crypto exchange filed for bankruptcy protection in November, the popular trading platform revealed in its latest 10-K filing. "The Hash" panel discusses the details of the filing and its key takeaways.
SEC, CFTC Charge FTX's Singh With Fraud Following Criminal Plea
Singh pleaded guilty to fraud and conspiracy charges filed by the Department of Justice earlier on Tuesday.
Former FTX Engineering Director Nishad Singh Pleads Guilty to Criminal Charges: Reuters
Singh joins fellow ex-FTX executives Caroline Ellison and Gary Wang in pleading guilty to charges. Founder Sam Bankman-Fried has pleaded not guilty to fraud and other charges and will face trial this fall.
Bitcoin Holds Above $23K After Wall Street's Worst Week of the Year
CoinFund Managing Partner and Head of Liquid Investments Seth Ginns discusses his investment outlook as crypto winter drags on. Ginns weighs in on the fundamental catalysts that "makes the space investable again" after crypto exchange FTX filed for bankruptcy.
Solana Mainnet Beta Restarted, Network Resumes Processing Transactions
Solana is slightly higher in the past 24 hours after a "significant performance degradation" over the weekend, freezing user transactions. The Solana Foundation says an investigation is underway into the cause of the outage and will be available shortly. CoinFund Managing Partner Seth Ginns discusses the outlook for the Solana ecosystem in the wake of FTX's collapse. Plus, insights into his investment thesis for the crypto markets and the need for a "thoughtful" crypto regulatory regime.
‘Italian FTX’ Leaves Users in Limbo, Citing ‘Difficulties in Liquidity Management’
The Rock Trading, one of the oldest crypto exchanges in the world, said Tuesday it was pausing its operations, raising fears about its future.
Sam Bankman-Fried Cosplayed as a Genius. The Facts Reveal His Incredible Stupidity
New criminal charges against the FTX brain genius show a man who was thinking zero steps ahead.
Sam Bankman-Fried Hit with New Criminal Charges
Federal officials are now charging FTX founder Sam Bankman-Fried with bank fraud and operating an unlicensed money transmitter in addition to the eight counts he already faced. Bankman-Fried also faces a modified campaign-finance law charge, conspiracy to make unlawful political contributions. "The Hash" panel discusses the latest in the downfall of SBF and his crypto empire.