The implosion of the Silicon Valley bank led to finger-pointing, as executives and investors jumped on the crisis for their own messaging. Story Published at: March 11, 2023 at 04:36PM Continue Reading…
Silicon Valley Bank Collapse Sets Off Blame Game in Tech Industry
Government Cracks Down on Crypto Industry With Flurry of Actions
State and federal agencies have levied fines, brought new cases and issued policy statements to rein in freewheeling practices in recent weeks. Story Published at: February 18, 2023 at 08:00AM Continue Reading…
Ex-Coinbase Employee Pleads Guilty to Insider Trading
The case was part of a crackdown on an old-school financial crime in the crypto world. Story Published at: February 7, 2023 at 07:45PM Continue Reading…
The Unknown Hedge Fund That Got $400 Million From Sam Bankman-Fried
After the collapse of FTX, prosecutors and lawyers have scrutinized its discredited founder’s huge investment in Modulo Capital. Story Published at: January 24, 2023 at 10:00AM Continue Reading…
Genesis, a Crypto Lending Firm, Files for Bankruptcy
Genesis was caught in the fallout of the collapse of FTX, the crypto exchange founded by Sam Bankman-Fried. Story Published at: January 20, 2023 at 06:45AM Continue Reading…
Crypto Lender Nexo Is Fined $45 Million as Crackdown Widens
It’s the latest cryptocurrency company to draw scrutiny from regulators, who are seeking to rein in the industry after the collapse of FTX. Story Published at: January 19, 2023 at 10:36PM Continue Reading…
FTX Executives Expressed Concern Over Use of Customer Funds, Documents Show
Documents obtained by The New York Times provide new details about the discussions among FTX’s top leaders before the cryptocurrency exchange collapsed in November. Story Published at: January 17, 2023 at 10:24PM Continue Reading…
New York Attorney General Sues Founder of Collapsed Crypto Bank
New York Attorney General Letitia James accused the founder of Celsius Network, Alex Mashinsky, of a scheme to defraud hundreds of thousands of investors. Story Published at: January 5, 2023 at 06:28PM Continue Reading…
Two Executives in Sam Bankman-Fried’s Crypto Empire Plead Guilty to Fraud
Caroline Ellison, the former chief executive of Alameda Research, and Gary Wang, a founder of FTX, are cooperating in the federal criminal case against Mr. Bankman-Fried. Story Published at: December 22, 2022 at 01:58AM Continue Reading…
Sam Bankman-Fried Is Set for Extradition to U.S.
The FTX founder agreed to be transferred from the Bahamas to face federal charges of fraud. Story Published at: December 21, 2022 at 05:07PM Continue Reading…