US securities regulator probes investment advisers over crypto custodyThe SEC has been questioning advisers' efforts to follow the agency's rules around custody of clients' digital assets for several months, b...
27 Jan, 2023, 04.51 PM IST
Bankman-Fried fraud charges sidestep debate over how US law sees cryptoBankman-Fried, 30, was indicted on two counts of wire fraud and six conspiracy counts last month in Manhattan federal court for allegedly s...
09 Jan, 2023, 04.45 PM IST
US Justice Department to intensify vigil on crypto sector in aftermath of charges against FTX CEO Sam BankmanA 25-member national team has been formed to intensify vigil around the crypto sector in the US. The US Justice Department oversees digital...
24 Dec, 2022, 11.52 PM IST
US court grants bail to FTX founder Sam Bankman-Fried on $250 million bondThe court granted pre-trail bail to Sam Bankman-Fried for a bond of $250 million and several restrictions. Bankman-Fried will have to be pr...
23 Dec, 2022, 10.57 PM IST
US SEC heightening scrutiny of auditors' crypto work : reportThe development comes as the implosion of FTX has rippled across the industry, hobbling liquidity at firms with exposure to what was once o...
22 Dec, 2022, 05.26 PM IST
Sam Bankman-Fried extradited to US to face fraud charges over FTX collapseFTX and its sister trading house Alameda Research went bankrupt last month, dissolving a virtual trading business that had been valued by t...
22 Dec, 2022, 01.55 PM IST
How a secret software change allowed FTX to use client moneyIn 2020, FTX's chief engineer tweaked the code to exempt Alameda Research, a hedge fund owned by FTX founder Sam Bankman-Fried, from a feat...
14 Dec, 2022, 08.35 AM IST
FTX founder Sam Bankman-Fried in custody after fraud charges, bail deniedThe former CEO of the collapsed cryptocurrency exchange, dressed in a blue suit without a tie, lowered his head and hugged his parents afte...
14 Dec, 2022, 08.01 AM IST
Former FTX CEO Bankman-Fried hit with eight count indictmentThe indictment says Bankman-Fried allegedly committed a years-long fraud by diverting investors' funds to his private hedge fund and using ...
13 Dec, 2022, 09.08 PM IST
Former FTX CEO Sam Bankman-Fried hit with eight count indictmentSam Bankman-Fried was charged with eight counts, ranging from wire fraud to money laundering to conspiracy to commit fraud on the United St...
13 Dec, 2022, 08.52 PM IST
US SEC charges ex-FTX boss Sam Bankman-Fried with defrauding investors of $1.8 billionThe US Securities and Exchange Commission charged disgraced cryptocurrency tycoon Sam Bankman-Fried on Tuesday with defrauding customers ou...
13 Dec, 2022, 05.42 PM IST
No spot bitcoin ETFs approved so far - U.S. SEC officialEarlier this month, the SEC delayed a decision on whether to allow a spot bitcoin ETF by stock-picker Cathie Wood's Ark Invest and crypto i...
30 Nov, 2022, 02.53 PM IST
In FTX storm, world's largest crypto fund GBTC sweptThe world's largest crypto fund, Grayscale Bitcoin Trust (GBTC), is swept off in the FTX storm.
18 Nov, 2022, 09.44 PM IST
FTX in touch with regulators, may have 1 million creditors, say filingsFTX's filing to a U.S. bankruptcy court, published late on Monday in the United States, said it was in contact with financial regulators an...
15 Nov, 2022, 04.32 PM IST
FTX in talks with regulators, appoints directors as bankruptcy proceedings beginFTX also confirmed that it had responded to a cyber attack on Nov. 11, after saying on Saturday it had seen "unauthorized transactions on i...
15 Nov, 2022, 10.59 AM IST
Regulators circle FTX as rival exchanges try to calm investorsThe implosion of FTX, once a darling of the crypto industry with a $32 billion valuation as of January, has spurred investigations by the U...
15 Nov, 2022, 07.58 AM IST
US probes FTX empire over handling of client funds and lendingThe investigations by the Securities and Exchange Commission and the Commodity Futures Trading Commission relate to the liquidity crisis at...
09 Nov, 2022, 10.23 PM IST