FTX’s former law firm hit with lawsuit alleging it set up shadowy entities
The suit claims “shadowy entities” set up by Fenwick & West were allegedly used by FTX and former top executives to misappropriate customer funds.
The suit claims “shadowy entities” set up by Fenwick & West were allegedly used by FTX and former top executives to misappropriate customer funds.
The Securities and Exchange Commission’s appeal in the ongoing case comes nearly a month after Judge Analisa Torres laid out her ruling.
The limitations set out in the Federal Reserve’s new Novel Activities Supervision Program provides additional measures to its original policy statement laid out in January.
It’s unclear whether any reported guilty plea from Ryan Salame would have the former FTX Digital Markets co-CEO testify at Sam Bankman-Fried's trial in October.
Rather than reinstating a count on campaign finance violations to SBF’s indictment, the Justice Department said it will consider the evidence as part of a wire fraud charge.
The Financial Stability Board starts from the definition of “global stablecoin”, which serves as a means of payment and storage and has the potential for adoption across multiple jurisdictions.
The United Kingdom government could rebalance the power between the Bank of England and the country’s principal financial regulator, the Financial Conduct Authority.
Previously commonly referred to as the “digital real,” the Brazilian central bank digital currency gets its official brand name.
The crypto exchange is the 12th to receive a crypto-dealing license in the country allowing it to service accredited investors and institutions.
A body representing FTX customers said it is “extremely disappointed” by the company’s reorganization plan.