Finance News – Ftx
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SEC hacker sentenced to 14 months in prison
The sentencing highlights the financial risks posed by cybercrime schemes targeting regulatory agencies, which can result in significant illicit gains and undermine trust in market...
Read Full Article →FTX estate to start distributing more than $5B on May 30
FTX’s ongoing repayment plan will distribute over $5 billion to various creditor groups by the end of May, marking a significant step in resolving outstanding claims since the bank...
Read Full Article →Canada lags with stablecoin approach, but there’s room to catch up
Canada’s cautious regulatory stance on stablecoins limits domestic issuance and adoption, potentially reducing competitiveness in global digital payments and risking diminished use...
Read Full Article →Crypto startups scaring away VCs with 80x valuations: 10T Holdings
Venture capital firms are increasingly cautious about investing in crypto startups that demand exceptionally high valuations relative to their income, as this practice can reduce p...
Read Full Article →New York has 'outsized role to play' in crypto ecosystem — State regulator head
New York’s regulatory approach to digital assets significantly influences national policies, as federal lawmakers frequently seek the state's expertise to help shape comprehensive...
Read Full Article →Canada 'got it wrong' labeling stablecoins securities — NDAX exec
Canada’s classification of stablecoins as securities has prompted several major crypto firms to reduce their presence in the country, potentially affecting the growth dynamics of i...
Read Full Article →FTX EU creditors can now withdraw money from Backpack exchange
Former users of the insolvent crypto platform in the EU can now recover their euro assets through Backpack by completing identity verification, enabling access to redistributed fun...
Read Full Article →Former FTX exec's wife says gov't 'induced a guilty plea'
The legal challenges facing former FTX executives and associates highlight ongoing financial scrutiny tied to campaign contributions and alleged misuse of funds connected to the cr...
Read Full Article →Mashinsky’s 12-year sentence sets tone of enforcement in Trump era
The 12-year prison term for the former Celsius CEO underscores increased judicial focus on crypto fraud, signaling stricter consequences for financial misconduct impacting everyday...
Read Full Article →Ex-Celsius CEO asks to travel for a wedding after sentencing
The court’s handling of the former Celsius CEO’s sentencing and travel request highlights ongoing legal scrutiny of cryptocurrency executives, which could affect future regulatory...
Read Full Article →Ex-SafeMoon CEO claims innocence, blames founder as trial begins
The ongoing trial involving former SafeMoon executives centers on accusations of misappropriating substantial funds from the company’s cryptocurrency holdings, highlighting potenti...
Read Full Article →Is it a bull or bear market? How to tell the difference
Understanding market phases enables investors to better anticipate price trends and investor behavior, helping them optimize portfolio management and risk assessment during fluctua...
Read Full Article →Good actors were 'unfairly targeted' by SEC — OpenSea's CEO
The SEC’s stringent regulatory actions previously created challenges for crypto companies, contributing to market declines and prompting businesses like OpenSea to adjust strategie...
Read Full Article →What do crypto users want to happen to Alex Mashinsky?
The outcome of Alex Mashinsky’s sentencing could influence future enforcement in the crypto industry, highlighting potential financial accountability for executives involved in fra...
Read Full Article →Deribit eyes US expansion under crypto-friendly Trump admin: FT
Deribit is considering expanding into the US market, motivated by a more favorable regulatory environment under President Trump's administration, signaling a shift in industry sent...
Read Full Article →Apple softens crypto-related app rules, 'hugely bullish' for crypto industry
The recent court ruling against Apple allows crypto app developers to direct users to external payment options without incurring fees, potentially enhancing competition and boostin...
Read Full Article →Crypto skeptic to release SBF, Mashinsky interviews in documentary
Ben McKenzie’s documentary about cryptocurrency features interviews with high-profile figures involved in major financial collapses, highlighting ongoing concerns about transparenc...
Read Full Article →Australian election will bring pro-crypto laws either way
The upcoming Australian election is positioned to result in the establishment of pro-crypto regulations from either dominant party, reflecting a significant shift in the government...
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