FTX bankruptcy fees near $20 million for 51 days of work
FTX's high bankruptcy, authorized, and monetary advisors have billed the corporate greater than $19.6 million in fees for work carried out in 2022, based on...
Gemini to contribute $100 million to Genesis bankruptcy recovery plan
Crypto alternate Gemini will contribute up to $100 million in money, earmarked for its clients, as a part of an settlement with bankrupt Genesis World...
Binance crypto exchange will suspend U.S. dollar transfers
Binance, the world's largest cryptocurrency exchange, will suspend U.S. dollar deposits and withdrawals, the corporate stated Monday, with out offering a motive for the choice."We...
Coinbase stock jumps 14% after federal securities suit dismissed
Coinbase shares surged after a Manhattan federal decide dismissed a class-action suit towards the cryptocurrency alternate Wednesday in a uncommon crypto authorized victory.Shares jumped in...
Charlie Munger: U.S. should ban cryptocurrencies
Berkshire Hathaway Vice Chairman Charlie Munger urged the U.S. authorities to ban cryptocurrencies like China, saying an absence of regulation enabled wretched extra and a playing...
Britain sets out plans to regulate crypto industry in wake of FTX collapse
The U.Okay. formally laid out plans to regulate the cryptocurrency industry, with the federal government trying to rein in some of the reckless enterprise practices...
Investors dangerously ignoring bear market impact on earnings
Famed brief vendor Jim Chanos sees an alarming development within the market."I've been on the Street [since] 1980 [and] not one bear market has ever...
Sam Bankman-Fried tried to influence witness through Signal: DOJ
Federal prosecutors try to bar indicted FTX co-founder Sam Bankman-Fried from utilizing encrypted messaging software program, citing efforts which will "constitute witness tampering," in accordance...
BlockFi secret financials show $1.2 billion tie to FTX and Alameda
Bankrupt crypto lender BlockFi had over $1.2 billion in property tied up with Sam Bankman-Fried's FTX and Alameda Analysis, in accordance to financials that had...
Crypto exchange Gemini lays off 10% of workforce
Crypto exchange Gemini will scale back its headcount by 10%, a spokesperson informed CNBC on Monday.It is not less than the third spherical of cuts...