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FTX COLLAPSE IMPLICATIONS
House panel bats for interim crypto self-regulation under RBI/SEBI oversight, stresses investor protection norms- Will Donald Trump pardon Sam Bankman-Fried, FTX cofounder, who was convicted of fraud and is serving a 25-year prison sentence? He is cozying up to the president and Elon Musk
- Ex-crypto mogul Sam Bankman-Fried convicted of multi-billion dollar FTX fraud
- Sam Bankman-Fried testifies lawyers were involved in key FTX decisionsBut on cross-examination by prosecutors, Bankman-Fried often struggled to point to specific conversations in which lawyers approved his act...27 Oct, 2023, 09.31 AM IST
- Asian stocks bounce on China spending plans; inflation jolts AussieBonds have held onto a bounce-back after the 10-year Treasury yield breached 5% on Monday, with the benchmark yield firm at 4.82% in Tokyo ...25 Oct, 2023, 07.41 AM IST
- Sam Bankman-Fried's wealth was 'built on lies,' prosecutor says at trialProsecutors with the U.S. Attorney's office in Manhattan say Bankman-Fried used FTX customer money from the exchange's 2019 launch until it...04 Oct, 2023, 10.24 PM IST
- Sam Bankman-Fried's trial resumes with jury selection; opening statements expectedThe 31-year-old-former billionaire's trial kicked off on Tuesday, nearly a year after FTX collapsed in a meltdown that shocked financial ma...04 Oct, 2023, 09.16 PM IST
- Sam Bankman-Fried never received plea offer, prosecutor says as trial kicks offFederal prosecutors say the 31-year-old former billionaire embezzled from FTX customers since its founding in 2019 through its November 202...03 Oct, 2023, 08.24 PM IST
- Sam Bankman-Fried heads for trial on charges of stealing billions from FTX usersFederal prosecutors say the 31-year-old former billionaire embezzled from FTX customers since its founding in 2019 through its November 202...03 Oct, 2023, 04.22 PM IST
- IMF-FSB paper calls for crypto regulation, not banThe prescriptions for regulating cryptos could serve as global baseline minimum standards for countries that wish to adopt them. “A compreh...08 Sep, 2023, 12.54 AM IST
- Crypto issue requires immediate attention, says FM Nirmala SitharamanIssues related to crypto have emerged as a major point of discussion among G20 countries and there is unanimity among member nations about ...15 Apr, 2023, 03.07 PM IST
- Crypto shaken as SVB exposure depegs $37 billion stablecoinThe second-largest stablecoin fell from its intended $1 peg, trading as low as 81.5 cents as investors reacted to the exposure of issuer Ci...12 Mar, 2023, 09.38 AM IST
- Crypto shaken as SVB exposure Depegs $37 billion StablecoinThe second-largest stablecoin fell from its intended $1 peg, trading as low as 81.5 cents as investors reacted to the exposure of issuer Ci...11 Mar, 2023, 10.21 PM IST
- Stocks rally sputters as growth fears resurfaceOil prices have been sliding with declining demand expectations and now sit more than 40% below a high of nearly $140 a barrel made shortly...07 Dec, 2022, 08.26 AM IST
- From rude behaviour to hustle culture, these 7 toxic practices should die with 2022Can 2023 begin on a positive note?03 Dec, 2022, 10.38 PM IST
- US justice department watchdog seeks independent review of FTX bankruptcyThe DOJ's Office of the US Trustee said in a filing in Delaware bankruptcy court that it did not question John Ray's competence or earnestn...02 Dec, 2022, 07.07 AM 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
- Asia shares mixed while oil falls on China COVID outlookJack Siu, China chief investment officer at Credit Suisse, said that "while the COVID changes and housing package will alleviate some of th...15 Nov, 2022, 08.44 AM IST
- Collapsed FTX hit by rogue transactions, analysts saw over $600mln outflowsFTX filed for bankruptcy on Friday, one of the highest profile crypto blowups, after traders rushed to withdraw $6 billion from the platfor...13 Nov, 2022, 11.36 AM IST
- Collapsed FTX hit by rogue transactions, analysts saw over $600 million outflowsFTX filed for bankruptcy on Friday, one of the highest profile crypto blowups, after traders rushed to withdraw $6 billion from the platfor...12 Nov, 2022, 09.39 PM IST
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