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Nikhilesh De
Bahamas Securities Regulator Ordered FTX to Transfer Crypto to Government Wallets
The Securities Commission of the Bahamas announced Thursday that it ordered the contents of FTX's crypto wallets to be transferred to government-controlled wallets on the previous Saturday. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the latest.

FTX’s New CEO Condemns Sam Bankman-Fried’s Management of the Crypto Exchange
New FTX CEO John J. Ray III issued a scathing assessment of "unprecedented" poor management practices by his predecessor, Sam Bankman-Fried, in a series of filings in a Delaware court. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the details.

Genesis’ Crypto-Lending Unit Pauses Customer Withdrawals Amid FTX Collapse
The lending arm of crypto investment bank Genesis Global Trading is temporarily suspending redemptions and new loan originations in the wake of FTX’s collapse, Interim CEO Derar Islim told customers on a call Wednesday. Genesis owner Digital Currency Group is also the parent company of CoinDesk. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De weighs in.

FTX May Have More Than 1M Creditors, New Filings Say
FTX may have more than 1 million creditors, according to a court filing that began to explain the company's descent into bankruptcy. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the details. Plus, the latest on the liquidators approved by the Bahamian Supreme Court for FTX's assets.

FTX Facing Criminal Investigation in the Bahamas
Law enforcement in the Bahamas are investigating crypto exchange FTX following the platform's swift collapse. A local financial regulator also said that FTX was not required to allow Bahamas-based customers to withdraw their funds. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De weighs in.

FTX Files for Bankruptcy Protections in US; Sam Bankman-Fried Resigns
Crypto exchange FTX announced that it is filing for Chapter 11 bankruptcy and Sam Bankman-Fried has stepped down from his role as CEO but will “remain to assist in an orderly transition.” CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De weighs in.

Tron’s Justin Sun ‘Putting Together Solution’ for Troubled Crypto Exchange FTX
Justin Sun, the founder of the Tron cryptocurrency network and Grenada's ambassador to the World Trade Organization, tweeted late Wednesday that he and his team were "putting together a solution" with beleaguered cryptocurrency exchange FTX, hours after Binance announced it would not move forward in a deal to acquire the company. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what we know so far.

What the Midterm Election Results Mean for Crypto
CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what the U.S. midterm election results mean for crypto adoption and regulation as Republicans are headed toward control of the House of Representatives.

EU to Delay Vote on MiCA Legislation Until February 2023
European Union lawmakers won’t vote on the Markets in Crypto Assets regulation bill (MiCA) until February, likely meaning further delays in the landmark licensing regime for crypto companies within the bloc. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what this means for crypto adoption and regulation.

Canada Launches Consultation on Crypto, Stablecoins and CBDCs
Canada's federal government announced a consultation on "cryptocurrencies, stablecoins and central bank digital currencies," in a fiscal update published Thursday. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what this means for crypto adoption and regulation in the country.
