Tag: FTX
FTX Founder Will Testify Before Congress
FTX's founder has indicated he'll eventually appear before a congressional committee investigating his company.
On Twitter Sunday (Dec. 4), Sam Bankman-Fried responded to Rep. Maxine Waters' invitation last...
Senate Agriculture Committee To Grill U.S. Financial Regulator Over FTX
The first congressional inquiry into what went wrong at FTX is happening today (Dec. 1).
In what is sure to be just one of many such hearings investigating the...
CFTC Meets With FTX About Changing Regulations
Officials of the US Commodity Futures Trading Commission (CFTC) reportedly met with FTX staff before the crypto exchange’s bankruptcy to discuss changes to financial...
What Regulators Must Do Now in Light of FTX Scandal
By PYMNTS
How did we not see this coming? That’s the question many people are asking as the hyper-rapid, and potentially rabid, collapse of crypto trading...
FTX Collapse Creates ‘Sense Of Urgency’ Among World’s Regulators
The new head of global securities regulator IOSCO said the collapse of the FTX exchange shows why the agency will focus on companies like...
FTX Considers Sale As Top 50 Creditors Seek $3.1B
Bankrupt cryptocurrency exchange FTX owes its top 50 creditors close to $3.1 billion and is reportedly considering either a sale or reorganization.
Meanwhile, FTX’s new...
Congress Took Millions From FTX. Now lawmakers Face a Crypto Reckoning.
By Tony Romm, The Washington Post.
The stunning collapse of the world’s third-largest exchange has forced politicians to grapple with the costs of legislative inaction.
The...
House Oversight Committee Requests Documents and Information From FTX
Raja Krishnamoorthi, chairman of the House Oversight Committee’s Subcommittee on Economic and Consumer Policy, has requested FTX turn over documents and information as part...
Japan’s Watchdog: Local Impact From FTX Collapse ‘Minimal’
Aiming to determine Japan’s exposure to FTX, the country’s Financial Services Agency (FSA) has reportedly asked local cryptocurrency exchanges if the collapse of FTX...
Bahamas Watchdog Appoints Liquidators For FTX
The Securities Commission of The Bahamas, the country in which now-bankrupt cryptocurrency exchange FTX is headquartered, has announced the appointment of liquidators for the...