FTX

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At a 1 listening to of the Senate Agriculture Committee exploring the collapse of FTX, Behnam stated LedgerX had basically been “walled off” from the opposite corporations inside FTX Group, together with people who filed for The CFTC chairman…

In a 1 movement, Trustee Andrew Vara famous that over the course of eight days in November, debtors “suffered a just about unprecedented decline in worth” from a market excessive of $32 billion earlier within the yr to…

Not too long ago, skepticism reached new heights with the epic crash of FTX, one of many largest crypto exchanges on this planet — and maybe the largest-ever instance of the necessity for regulatory Given the positioning of FTX,…

The agency offered an replace on 1, stating it has been in a position to affirm that its clients’ belongings “mustn’t” be a part of FTX Japan’s property as a result of Japanese laws which mandate that crypto exchanges…

CryptoSlate High TalesNovember was the second-worst month for Bitcoin, fourth worst for EthereumIn keeping with CryptoSlate information, November 2022 was the second-worst month of the yr for Bitcoin (BTC) and the fourth-worst month of 2022 for Ethereum November, BTC…

Tina Smith known as the FTX collapse “stunning, not stunning,” and mentioned that future crises will proceed to happen so long as regulatory gaps Behnam identified that the Securities and Trade Fee has the authority to require primary…

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Commodity Futures Buying and selling Fee (CFTC) Chairman Rostin Behnam stated that whereas new laws permitting his company larger spot market oversight over crypto ought to transfer swiftly, lawmakers also needs to guarantee there aren’t any Supply hyperlink