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Regulations
Democrats Keep the US Senate but Crypto Only Has Eyes for FTX Collapse
After a whirlwind election week dogged by crypto market madness, the industry's regulatory future in the U.S. is in the hands of a divided government.

Bahamas Securities Regulator Says It Didn't Order FTX to Reopen Local Withdrawals
FTX said last week it had allowed Bahamas-based customers to withdraw funds at its regulators' request.

FTX CEO John Ray Confirms Late-Night Hack, Says Company Is Working With Law Enforcement
Ray said FTX and FTX US are making “every effort to secure all assets, wherever located.”

'FTX Has Been Hacked': Crypto Disaster Worsens as Exchange Sees Mysterious Outflows Exceeding $600M
FTX officials appeared to confirm rumors of a hack on Telegram, instructing users to delete FTX apps and avoid its website.

California Finance Regulator Revokes BlockFi's Lending License
FTX, which filed for bankruptcy Friday, had given BlockFi a $400 million line of credit.

FTX Employees Worldwide Learned of Bankruptcy Along With the Public
Staff from FTX Japan and other subsidiaries found out about the insolvency filing on Twitter, CoinDesk was told.

FTX Files for Bankruptcy Protection in US; CEO Bankman-Fried Resigns
Bankruptcy filings attributed to FTX US and Alameda Research estimate each company has $10 billion to $50 billion in liabilities.

FTX Collapse Sparks Alarm From US Lawmakers
Lawmakers called for financial regulators to investigate the situation and suggested further legislation is needed.

California Financial Regulator Announces FTX Investigation
California becomes the first state to officially announce an investigation.

US Justice Department, Regulators Contacted Binance on FTX Talks: Source
The authorities want to know what Binance learned about FTX's inner workings.
