Cryptocurrencies News
- Reuters
By Hannah Lang (Reuters) – The crypto industry’s woes continued on Thursday as plunging deposits, layoffs and a lawsuit added to the tumult of 2022, which was dominated by sinking prices and high-profile bankruptcies.
- Reuters
(Reuters) – U.S. authorities are investigating the chief engineer of bankrupt crypto exchange FTX, Nishad Singh, ratcheting up pressure on founder Sam Bankman-Fried’s inner circle, Bloomberg News reported on Thursday, citing people familiar with the matter.
- Reuters
By John McCrank and Hannah Lang (Reuters) – Alex Mashinsky, a co-founder of bankrupt crypto lender Celsius Network who prosecutors allege bilked investors out of billions, is a serial entrepreneur who has portrayed himself as a modern-day Robin Hood.
- Reuters
By Angus Berwick (Reuters) – FTX’s former top lawyer Daniel Friedberg has cooperated with U.S. prosecutors as they investigate the crypto firm’s collapse, a source familiar with the matter said, adding pressure on founder Sam Bankman-Fried who was arrested on criminal fraud charges last month.
- Reuters
(Reuters) – Cryptocurrency lender Genesis has cut 30% of its workforce in a second round of layoffs in less than six months, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
- Reuters
(Reuters) – Silvergate Capital Corp’s crypto-related deposits plummeted in the fourth quarter, according to a preliminary earnings report on Thursday, as souring crypto sentiment following the collapse of FTX exchange led to a surge in withdrawals.
- Reuters
By Dietrich Knauth (Reuters) – A U.S. bankruptcy judge ruled on Wednesday that Celsius Network owns most of the cryptocurrency that customers deposited into its online platform, meaning most Celsius customers will be last in line for repayment in the crypto lender’s bankruptcy.
- Reuters
WILMINGTON, Del. (Reuters) – U.S. prosecutors are in the process of seizing shares of Robinhood Markets Inc that were allegedly owned by an entity controlled by Sam Bankman-Fried, who has been charged with fraud in the collapse of the FTX cryptocurrency exchange, U.S. attorneys told a
- Reuters
WASHINGTON (Reuters) – U.S.-based cryptocurrency exchange Coinbase Global Inc has reached a $100 million settlement with New York regulators, the New York Times reported on Wednesday.
- Reuters
By Jack Queen (Reuters) – FTX founder Sam Bankman-Fried pleaded not guilty in Manhattan federal court on Tuesday to fraud and other charges related to the collapse of his $32 billion crypto empire, with a judge setting an October trial date as both sides prepare to
- Reuters
By Jack Queen and Luc Cohen NEW YORK (Reuters) – Sam Bankman-Fried is expected on Tuesday to enter a plea of not guilty to criminal charges that he cheated investors and looted billions of dollars at his now-bankrupt FTX cryptocurrency exchange, according to a source familiar
- Reuters
By Jonathan Stempel NEW YORK (Reuters) – A former chief financial officer of multiple special purpose acquisition companies (SPACs) has pleaded guilty to embezzling more than $5 million from them, and losing almost all of it trading meme stocks and cryptocurrencies.
- Reuters
(Reuters) – U.S. banking regulators said on Tuesday banks should be aware of key risks associated with cryptocurrency, including legal uncertainties and inaccurate or misleading disclosures by digital asset firms.
- Reuters
(Reuters) – The Securities Commission of the Bahamas (SCB) rebuffed on Monday FTX’s claims about the digital assets of its Bahamas unit held by the regulator, saying the debtors of the bankrupt cryptocurrency exchange had “incomplete information”.
- Reuters
NEW YORK (Reuters) – Sam Bankman-Fried’s parents have been getting physical threats since the collapse of their son’s now-bankrupt FTX cryptocurrency exchange, his lawyers said on Tuesday.
- Reuters
(Reuters) – Cameron Winklevoss, who founded crypto exchange Gemini Trust Co with his twin brother, on Monday accused Digital Currency Group (DCG) CEO Barry Silbert of “bad faith stall tactics” and asked him to commit to resolving $900 million worth of disputed customer assets by Jan.
- Reuters
(Reuters) – FTX on Friday disputed the Securities Commission of the Bahamas’ claims that the regulator was holding $3.5 billion of the bankrupt cryptocurrency exchange’s assets.
- Reuters
By Dietrich Knauth (Reuters) – Binance’s $1 billion acquisition of bankrupt crypto lender Voyager Digital could be delayed or blocked by a U.S. national security review, according to a Friday bankruptcy court filing.
- Reuters
By Jack Queen NEW YORK (Reuters) – Sam Bankman-Fried is expected on Tuesday to enter an initial plea of not guilty to criminal charges that he cheated investors and looted billions of dollars at his now-bankrupt FTX cryptocurrency exchange, according to a source familiar with the
- Reuters
(Reuters) – Federal prosecutors are looking into a series of crypto transactions that online analysts have tied to digital wallets associated with Sam Bankman-Fried, Bloomberg News reported on Friday, citing a person familiar with the matter.