Disgraced Crypto CEO Took $1 Billion Loan From His Own Hedge Fund — That He Reportedly Bailed Out With Client Money John Hugh DeMastri on November 17, 2022 Now-bankrupt trading …
Crypto
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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 world’s first to adopt the …
- Business News
Factbox-From Genesis to Voyager, crypto firms’ exposure to FTX is coming to light
by Reutersby Reuters(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, two firms with exposure to …
- Conservative TimesPolitics
Dem Donor, Crypto CEO Sued Alongside Tom Brady And Other Stars In Class Action Lawsuit
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 and crypto exchange FTX were …
- Business News
U.S. Treasury’s Yellen says crypto markets need better oversight
by Reutersby ReutersWASHINGTON (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 failure of a major cryptocurrency …
- Business News
Collapse of FTX should serve as reminder of risks of crypto assets, ECB’s De Cos says
by Reutersby ReutersMADRID (Reuters) – The collapse of crypto exchange platform FTX should serve as a reminder for clients of the risks crypto assets entail, European Central Bank policymaker Pablo Hernandez de …
- Conservative TimesPolitics
US Prosecutors Set Their Sights On Dem Donor’s Crypto Firm After Historic Collapse: REPORT
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 the collapse of the cryptocurrency …
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(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 bankruptcy. FTX founder Bankman-Fried also …
- Business News
Crypto clearinghouse LedgerX withdraws FTX’s request last year to CFTC
by Reutersby Reuters(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 December last year that sought …
- Business News
Alameda, FTX executives knew crypto exchange was using customer funds – WSJ
by Reutersby Reuters(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 its customer funds to help …
- Conservative TimesPolitics
Crypto Billionaire And Dem Donor’s $16 Billion Fortune Evaporated In A Matter Of Days: REPORT
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 the combined assets of the …
- Business News
Analysis-FTX meltdown sparks investor rethink of battered crypto market
by Reutersby ReutersBy 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 investors questioning the viability of …
- Business News
Factbox-Sam Bankman-Fried: The crypto mogul whose empire came crashing down
by Reutersby Reuters(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 in the United States, capping …
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(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 in the United States, triggering …
- Conservative TimesPolitics
Billionaire Dem Donor And Crypto CEO Allegedly Used Clients’ Money To Fund His Other Company: REPORT
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 Bankman-Fried of cryptocurrency exchange FTX …
- US and World News
Crypto needs oversight to avoid harming Americans, White House says
by Reutersby ReutersWASHINGTON (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 said on Thursday. She said …
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(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 a Twitter post. Gensesis said …
- US and World News
Binance CEO sees no threat to crypto from central banks’ digital currencies
by Reutersby ReutersBy Sergio Goncalves and Catarina Demony LISBON (Reuters) – Plans by central banks to launch digital currencies are not a threat to other cryptocurrencies as they would validate blockchain technology …
- US and World News
Crypto exchange Binance, Musk’s co-investor, to help Twitter with blockchain
by Reutersby ReutersBy 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 a team to work on …
- US and World News
Singapore central bank proposes measures on crypto trading, stablecoin
by Reutersby ReutersBy Chen Lin SINGAPORE (Reuters) – Singapore’s central bank has put forward proposals for new regulatory measures on cryptocurrency trading and stablecoins, in a bid to reduce the risk of …
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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 Crypto Food Hall is a …
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Royalties to Purchase Gift Cards Los Angeles, CA (-) Cordia Corporation (OTC: CORG) today announced the debut of the Crypto Food Hall NFT Chef Collection. The collection is on sale …
- US and World News
Former Celsius exec joins JPMorgan as director of crypto regulatory policy
by Reutersby Reuters(Reuters) -Former Celsius executive Aaron Iovine has joined JPMorgan Chase & Co as executive director of digital assets regulatory policy, according to his LinkedIn profile, days after the bank’s Chief …
- US and World News
Banks should manage heightened risks from crypto firm deposits –Fed’s Barr
by Reutersby ReutersBy Hannah Lang (Reuters) -Banks that accept deposits from cryptocurrency companies should be aware of increased liquidity risks, particularly if firms are highly interconnected with other digital asset businesses, said …
- US and World News
Regulators propose first global rules before ‘crypto winter’ thaw
by Reutersby ReutersBy Huw Jones LONDON (Reuters) – Cryptoasset companies should set aside capital like banks when undertaking similar activities, regulators proposed on Tuesday in their first global rules as a “crypto …