The United States SEC has sued Do Kwon and Terraform Labs for orchestrating a multi-billion dollar crypto asset securities fraud. Multiple crypto assets involved in the case were described as unregistered securities by the regulator.
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Summary: Paxos will wind down its relationship with Binance for the BUSD stablecoin. BUSD redemptions will continue till at least...
FTX CEO John Ray III has revealed that restarting the FTX exchange is on the table. Sam Bankman-Fried has welcomed the possibility of reviving the exchange.
Sam Bankman-Fried will be extradited to the United States to stand trial for defrauding FTX customers and investors.
Crypto lender BlockFi is reportedly preparing to file for bankruptcy after revealing a significant exposure to FTX. BlockFi is planning to lay off employees in the meantime.
Sam Bankman-Fried supposedly tried to call investors and hustle up cash to pay back billions to FTX customers after sending their assets to Alameda.
Summary: FTX, Sam Bankman-Fried’s trouble cryptocurrency exchange, might lose its European digital asset license as Cyprus regulators mull the decision...
Summary: FTX CEO Sam Bankman-Fried tweeted apologies to FTX users and an update to the crypto community as the crypto...