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Crypto

Celsius bankruptcy judge orders return of some crypto assets to customers

December 7, 2022
Celsius bankruptcy judge orders return of some crypto assets to customers - photo licensed by shore news network.

By Dietrich Knauth (Reuters) – A U.S. bankruptcy judge on Wednesday ruled that some customers of crypto lender Celsius Network should receive their deposits back, …

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Kim Kardashian, other celebrities beat EMax crypto investors’ lawsuit

December 7, 2022
Kim kardashian, other celebrities beat emax crypto investors' lawsuit - photo licensed by shore news network.

By Jody Godoy (Reuters) – A federal judge in California on Wednesday dismissed a lawsuit against reality TV star Kim Kardashian, boxing legend Floyd Mayweather …

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Crypto lender Genesis tells clients it is working to preserve their assets

December 7, 2022
Crypto lender genesis tells clients it is working to preserve their assets - photo licensed by shore news network.

LONDON (Reuters) – U.S. crypto firm Genesis is working to preserve client assets and strengthen liquidity, it said in a letter to clients on Wednesday, …

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U.S. court weighs novel issue of crypto ownership in bankruptcy

December 7, 2022December 7, 2022
U. S. Court weighs novel issue of crypto ownership in bankruptcy - photo licensed by shore news network.

By Tom Hals and Dietrich Knauth WILMINGTON, Del. (Reuters) – A U.S. judge this week is considering for the first time the question of who …

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Here’s Why Disgraced Crypto Mogul Sam Bankman-Fried Hasn’t Been Arrested

December 6, 2022
Here’s why disgraced crypto mogul sam bankman-fried hasn’t been arrested - photo licensed by shore news network.

Here’s Why Disgraced Crypto Mogul Sam Bankman-Fried Hasn’t Been Arrested Trevor Schakohl on December 6, 2022 Authorities are likely to conduct a lengthy investigation into …

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U.S. agency investigating crypto firms for misconduct

December 5, 2022December 5, 2022
U. S. Agency investigating crypto firms for misconduct - photo licensed by shore news network.

WASHINGTON (Reuters) – A U.S. agency that probes allegations of deceptive conduct confirmed on Monday that it had investigations open into several cryptocurrency firms for …

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Crypto lender Nexo to quit United States

December 5, 2022
Crypto lender nexo to quit united states - photo licensed by shore news network.

By Elizabeth Howcroft LONDON (Reuters) – UK-based crypto lender Nexo said on Monday it would phase out its U.S. products and services over the coming …

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Suburban man indicted for complex fraud and crypto money laundering scheme

December 2, 2022
Suburban man indicted for complex fraud and crypto money laundering scheme - photo licensed by shore news network.

HOUSTON – A 36-year-old Sugar Land resident has been taken into custody on charges he fraudulently obtained and laundered more than $500,000, announced U.S. Attorney …

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CNBC’s Andrew Ross Sorkin Confronts Disgraced Crypto CEO With Scathing Letter From Investor

December 2, 2022
Cnbc’s andrew ross sorkin confronts disgraced crypto ceo with scathing letter from investor - photo licensed by shore news network.

CNBC’s Andrew Ross Sorkin Confronts Disgraced Crypto CEO With Scathing Letter From Investor John Hugh DeMastri on November 30, 2022 CNBC anchor and financial journalist …

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‘Good Liberals Can Always Be Forgiven’: Tucker Slams The New York Times For Hosting Disgraced Crypto CEO

December 2, 2022
‘good liberals can always be forgiven’: tucker slams the new york times for hosting disgraced crypto ceo - photo licensed by shore news network.

‘Good Liberals Can Always Be Forgiven’: Tucker Slams The New York Times For Hosting Disgraced Crypto CEO Harold Hutchison on November 30, 2022 Fox News …

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‘I Got A Little Cocky’: Disgraced Crypto CEO Admits He ‘Wasn’t Even Trying’ To Manage Risk

December 2, 2022
‘i got a little cocky’: disgraced crypto ceo admits he ‘wasn’t even trying’ to manage risk - photo licensed by shore news network.

‘I Got A Little Cocky’: Disgraced Crypto CEO Admits He ‘Wasn’t Even Trying’ To Manage Risk John Hugh DeMastri on December 1, 2022 Sam Bankman-Fried, …

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Former Business Partner Alleges Crypto Executive Offered Them Hush Money For Alameda, FTX Counterfeit Scheme

December 2, 2022
Former business partner alleges crypto executive offered them hush money for alameda, ftx counterfeit scheme - photo licensed by shore news network.

Former Business Partner Alleges Crypto Executive Offered Them Hush Money For Alameda, FTX Counterfeit Scheme John Hugh DeMastri on December 1, 2022 An apparent former …

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REUTERS NEXT: After FTX collapse, pressure builds for tougher crypto rules

December 2, 2022December 2, 2022
Reuters next: after ftx collapse, pressure builds for tougher crypto rules - photo licensed by shore news network.

(Reuters) – Regulators must step in to protect crypto investors after the collapse of FTX, financial industry executives and lawmakers said at the Reuters NEXT …

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REUTERS NEXT: Crypto entrepreneur Sun looking at FTX ventures’ portfolio companies

November 30, 2022November 30, 2022
Reuters next: crypto entrepreneur sun looking at ftx ventures' portfolio companies - photo licensed by shore news network.

LONDON (Reuters) – FTX’s venture capital arm has assets that could be worth investing in, but since the failed crypto exchange has entered Chapter 11 …

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China lift, rates shift, crypto crunch

November 29, 2022
China lift, rates shift, crypto crunch - photo licensed by shore news network.

By Mike Dolan LONDON – A look at the day ahead in U.S. and global markets from Mike Dolan. Although Beijing’s moves to defuse tensions …

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Factbox-From BlockFi to Genesis, crypto firms reel from exposure to FTX

November 28, 2022
Factbox-from blockfi to genesis, crypto firms reel from exposure to ftx - photo licensed by shore news network.

(Reuters) – After the collapse of major cryptocurrency exchange FTX, the industry is bracing for further pain because of the exposure of many companies to …

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Global regulators to target crypto platforms after FTX crash

November 24, 2022November 24, 2022
Global regulators to target crypto platforms after ftx crash - photo licensed by shore news network.

By Huw Jones LONDON (Reuters) – The crash of FTX exchange has injected greater urgency into regulating the crypto sector and targeting such ‘conglomerate’ platforms …

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Disgraced Crypto Ex-CEO Was Plotting To Spend Nearly $1 Billion Boosting Dems, Reshaping American Politics: REPORT

November 24, 2022
Disgraced crypto ex-ceo was plotting to spend nearly $1 billion boosting dems, reshaping american politics: report - photo licensed by shore news network.

Disgraced Crypto Ex-CEO Was Plotting To Spend Nearly $1 Billion Boosting Dems, Reshaping American Politics: REPORT John Hugh DeMastri on November 23, 2022 Sam Bankman-Fried, …

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Crypto lender Genesis hires restructuring adviser – New York Times

November 22, 2022
Crypto lender genesis hires restructuring adviser - new york times - photo licensed by shore news network.

(Reuters) – Troubled cryptocurrency lender Genesis Global Capital has hired investment bank Moelis & Company to explore options including a potential bankruptcy, the New York …

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Marketmind: Wild oil ride amid China and crypto woe

November 22, 2022
Marketmind: wild oil ride amid china and crypto woe - photo licensed by shore news network.

A look at the day ahead in U.S. and global markets from Mike Dolan. Turbulence in oil, China’s COVID crunch and unravelling cryptocurrencies make for …

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Investors flock to short crypto funds, products as negative sentiment deepens -CoinShares

November 21, 2022
Investors flock to short crypto funds, products as negative sentiment deepens -coinshares - photo licensed by shore news network.

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Institutional investors rushed to crypto products that bet on price declines, posting record inflows, as the collapse of …

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FTX shows need to regulate crypto before it gets big, says Bank of England

November 21, 2022November 21, 2022
Ftx shows need to regulate crypto before it gets big, says bank of england - photo licensed by shore news network.

LONDON (Reuters) – The implosion of cryptocurrency exchange FTX shows the need to bring the crypto world within the regulatory framework, Bank of England Deputy …

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Warren Buffett’s Berkshire warns about crypto website using its name

November 18, 2022November 18, 2022
Warren buffett's berkshire warns about crypto website using its name - photo licensed by shore news network.

(Reuters) – Berkshire Hathaway Inc, run by billionaire Warren Buffett, on Friday warned investors it has no affiliation with a purported cryptocurrency brokerage website using …

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Investor Who Pumped Millions Into Bankrupt Crypto Exchange Says There Was ‘Nothing’ They Could Have Done Differently

November 18, 2022
Investor who pumped millions into bankrupt crypto exchange says there was ‘nothing’ they could have done differently - photo licensed by shore news network.

Investor Who Pumped Millions Into Bankrupt Crypto Exchange Says There Was ‘Nothing’ They Could Have Done Differently John Hugh DeMastri on November 18, 2022 Doug …

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Hong Kong’s leading crypto retail operator says it ceases trading as FTX fallout roils sector

November 18, 2022
Hong kong's leading crypto retail operator says it ceases trading as ftx fallout roils sector - photo licensed by shore news network.

By Georgina Lee HONG KONG (Reuters) – A leading cryptocurrency retail service provider in Hong Kong said it has ceased trading as the broader fallout …

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Disgraced Crypto CEO Took $1 Billion Loan From His Own Hedge Fund — That He Reportedly Bailed Out With Client Money

November 17, 2022
Disgraced crypto ceo took $1 billion loan from his own hedge fund — that he reportedly bailed out with client money - photo licensed by shore news network.

Disgraced Crypto CEO Took $1 Billion Loan From His Own Hedge Fund — That He Reportedly Bailed Out With Client Money John Hugh DeMastri on …

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Tumbling bitcoin overshadows El Salvador’s crypto conference

November 17, 2022November 17, 2022
Tumbling bitcoin overshadows el salvador's crypto conference - photo licensed by shore news network.

By Nelson Renteria SAN SALVADOR (Reuters) – El Salvador’s long-awaited bitcoin conference, which was in the limelight in 2021 after the small nation became the …

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Factbox-From Genesis to Voyager, crypto firms’ exposure to FTX is coming to light

November 17, 2022
Factbox-from genesis to voyager, crypto firms' exposure to ftx is coming to light - photo licensed by shore news network.

(Reuters) – After major crypto exchange FTX filed for U.S. bankruptcy protection on Friday, the crypto industry is bracing for further fallout. BlockFi and Genesis, …

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Dem Donor, Crypto CEO Sued Alongside Tom Brady And Other Stars In Class Action Lawsuit

November 17, 2022
Dem donor, crypto ceo sued alongside tom brady and other stars in class action lawsuit - photo licensed by shore news network.

Dem Donor, Crypto CEO Sued Alongside Tom Brady And Other Stars In Class Action Lawsuit John Hugh DeMastri on November 16, 2022 Ex-billionaire Sam Bankman-Fried …

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U.S. Treasury’s Yellen says crypto markets need better oversight

November 16, 2022
U. S. Treasury's yellen says crypto markets need better oversight - photo licensed by shore news network.

WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Wednesday that crypto markets need more robust oversight, days after cryptocurrency exchange FTX collapsed. “The recent …

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Collapse of FTX should serve as reminder of risks of crypto assets, ECB’s De Cos says

November 16, 2022
Collapse of ftx should serve as reminder of risks of crypto assets, ecb's de cos says - photo licensed by shore news network.

MADRID (Reuters) – The collapse of crypto exchange platform FTX should serve as a reminder for clients of the risks crypto assets entail, European Central …

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US Prosecutors Set Their Sights On Dem Donor’s Crypto Firm After Historic Collapse: REPORT

November 15, 2022
Us prosecutors set their sights on dem donor’s crypto firm after historic collapse: report - photo licensed by shore news network.

US Prosecutors Set Their Sights On Dem Donor’s Crypto Firm After Historic Collapse: REPORT John Hugh DeMastri on November 14, 2022 Federal prosecutors are investigating …

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Crypto lender BlockFi says it has significant exposure to FTX

November 14, 2022
Crypto lender blockfi says it has significant exposure to ftx - photo licensed by shore news network.

(Reuters) -Cryptocurrency lender BlockFi said on Monday it has significant exposure to Sam Bankman-Fried’s crypto exchange FTX, and associated entities, that last week filed for …

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Crypto clearinghouse LedgerX withdraws FTX’s request last year to CFTC

November 14, 2022November 14, 2022
Crypto clearinghouse ledgerx withdraws ftx's request last year to cftc - photo licensed by shore news network.

(Reuters) – Digital currency futures and options clearinghouse LedgerX LLC submitted to the U.S. Commodity Futures Trading Commission a formal withdrawal of FTX’s request from …

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Alameda, FTX executives knew crypto exchange was using customer funds – WSJ

November 12, 2022
Alameda, ftx executives knew crypto exchange was using customer funds - wsj - photo licensed by shore news network.

(Reuters) – FTX-affiliated crypto trading firm Alameda Research’s Chief Executive Officer Caroline Ellison and senior FTX officials knew that the crypto exchange had lent Alameda …

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Crypto Billionaire And Dem Donor’s $16 Billion Fortune Evaporated In A Matter Of Days: REPORT

November 11, 2022
Crypto billionaire and dem donor’s $16 billion fortune evaporated in a matter of days: report - photo licensed by shore news network.

Crypto Billionaire And Dem Donor’s $16 Billion Fortune Evaporated In A Matter Of Days: REPORT John Hugh DeMastri on November 11, 2022 The value of …

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Analysis-FTX meltdown sparks investor rethink of battered crypto market

November 11, 2022November 11, 2022
Analysis-ftx meltdown sparks investor rethink of battered crypto market - photo licensed by shore news network.

By Gertrude Chavez-Dreyfuss and Elizabeth Howcroft NEW YORK/LONDON (Reuters) – A week of turmoil culminating in major crypto exchange FTX filing for bankruptcy has left …

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Factbox-Sam Bankman-Fried: The crypto mogul whose empire came crashing down

November 11, 2022
Factbox-sam bankman-fried: the crypto mogul whose empire came crashing down - photo licensed by shore news network.

(Reuters) – Sam Bankman-Fried on Friday resigned from his role as chief executive of FTX and the crypto exchange said it will initiate bankruptcy proceedings …

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Crypto stocks slide as FTX prepares for bankruptcy proceedings

November 11, 2022November 11, 2022
Crypto stocks slide as ftx prepares for bankruptcy proceedings - photo licensed by shore news network.

(Reuters) – Shares of cryptocurrency and blockchain-related firms dropped on Friday after FTX, one of the biggest crypto exchanges, said it would initiate bankruptcy proceedings …

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Billionaire Dem Donor And Crypto CEO Allegedly Used Clients’ Money To Fund His Other Company: REPORT

November 11, 2022
Billionaire dem donor and crypto ceo allegedly used clients’ money to fund his other company: report - photo licensed by shore news network.

Billionaire Dem Donor And Crypto CEO Allegedly Used Clients’ Money To Fund His Other Company: REPORT John Hugh DeMastri on November 10, 2022 CEO Sam …

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Crypto needs oversight to avoid harming Americans, White House says

November 10, 2022November 10, 2022
Crypto needs oversight to avoid harming americans, white house says - photo licensed by shore news network.

WASHINGTON (Reuters) -Cryptocurrencies risk harming everyday Americans without proper oversight and the latest news involving crypto underscores these concerns, White House press secretary Karine Jean-Pierre …

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Crypto broker Genesis discloses locked funds on FTX

November 10, 2022November 10, 2022
Crypto broker genesis discloses locked funds on ftx - photo licensed by shore news network.

(Reuters) – U.S. cryptocurrency broker Genesis Trading disclosed its derivatives business has approximately $175 million in locked funds on FTX, the company said Thursday in …

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Binance CEO sees no threat to crypto from central banks’ digital currencies

November 2, 2022
Binance ceo sees no threat to crypto from central banks' digital currencies - photo licensed by shore news network.

By Sergio Goncalves and Catarina Demony LISBON (Reuters) – Plans by central banks to launch digital currencies are not a threat to other cryptocurrencies as …

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Crypto exchange Binance, Musk’s co-investor, to help Twitter with blockchain

October 28, 2022October 28, 2022
Crypto exchange binance, musk's co-investor, to help twitter with blockchain - photo licensed by shore news network.

By Krystal Hu (Reuters) – Binance, the world’s largest crypto exchange that has invested $500 million into Elon Musk’s buyout of Twitter Inc, is creating …

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Singapore central bank proposes measures on crypto trading, stablecoin

October 26, 2022
Singapore central bank proposes measures on crypto trading, stablecoin - photo licensed by shore news network.

By Chen Lin SINGAPORE (Reuters) – Singapore’s central bank has put forward proposals for new regulatory measures on cryptocurrency trading and stablecoins, in a bid …

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Cordia Announces Crypto Food Hall NFT Collection

October 22, 2022
Cordia announces crypto food hall nft collection - photo licensed by shore news network.

Numerous Benefits for Independent Restaurants Los Angeles, CA  (-)  Cordia Corporation (OTC:CORG) today announced the launch of the Crypto Food Hall (www.cryptofoodhall.com) NFT collection. The …

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Crypto Food Hall NFT Launches to Assist Indie Restaurants

October 22, 2022
Crypto food hall nft launches to assist indie restaurants - photo licensed by shore news network.

Royalties to Purchase Gift Cards Los Angeles, CA  (-)  Cordia Corporation (OTC: CORG)  today announced the debut of the Crypto Food Hall NFT Chef Collection.  …

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Former Celsius exec joins JPMorgan as director of crypto regulatory policy

October 19, 2022
Former celsius exec joins jpmorgan as director of crypto regulatory policy - photo licensed by shore news network.

(Reuters) -Former Celsius executive Aaron Iovine has joined JPMorgan Chase & Co as executive director of digital assets regulatory policy, according to his LinkedIn profile, …

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Banks should manage heightened risks from crypto firm deposits –Fed’s Barr

October 12, 2022
Banks should manage heightened risks from crypto firm deposits –fed’s barr - photo licensed by shore news network.

By Hannah Lang (Reuters) -Banks that accept deposits from cryptocurrency companies should be aware of increased liquidity risks, particularly if firms are highly interconnected with …

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Regulators propose first global rules before ‘crypto winter’ thaw

October 11, 2022
Regulators propose first global rules before 'crypto winter' thaw - photo licensed by shore news network.

By Huw Jones LONDON (Reuters) – Cryptoasset companies should set aside capital like banks when undertaking similar activities, regulators proposed on Tuesday in their first …

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