FTX: Crypto exchange’s new chief has ‘cavalier attitude to truth’ – regulator January 3, 2023 Crypto exchange FTX and its new boss has been accused of having a “cavalier attitude towards the truth” and failing to cooperate with authorities during bankruptcy proceedings. FTX, founded by disgraced former billionaire Sam Bankman-Fried, imploded in November after allegedly dishing out billions of dollars of customers’ cash to its sister trading firm Alameda Research. [...]
Zodia appoints former Bitstamp chief and Starling Bank co-founder as new CEO January 3, 2023 Crypto asset service provider Zodia Custody has appointed Julian Sawyer as its Chief Executive Officer.
Is the bottom in? Markets rally following festive slump January 2, 2023 The colour of the crypto markets returned to shades of green this morning after spending much of the holiday season sporting a red hue.
Greengage CEO: ‘Despite the noise around bad actors like FTX, the industry is very much here to stay’ December 29, 2022 Crypto AM editor-at-large James Bowater discusses the highs and lows of 2022 with Greengage CEO Sean Kiernan.
Bank of England receives 20 applications to develop CBDC wallet prototype December 28, 2022 Twenty companies have submitted applications to create a digital wallet for the Bank of England's CBDC project.
Siemer, Perruccio, Tsai: Here’s how we see 2023 shaping up for crypto… December 28, 2022 Senior figures from Wave Financial gather round the crystal ball to assess where they think the crypto cards will land in 2023.
Kraken opens up public beta NFT marketplace December 27, 2022 Crypto exchange Kraken has launched its NFT exchange in beta mode, allowing collectors to explore, discover and trade non-fungible tokens.
Narrow Escape: Sam Bankman-Fried released on $250m bail December 23, 2022 Disgraced FTX co-founder Sam Bankman-Fried avoided prison on Thursday after posting a $250m recognised bond before awaiting trial for charges of fraud and money laundering. The US attorney’s office for the Southern District of New York has charged Bankman-Fried with eight criminal counts, including fraud and money-laundering offences. The previously heralded crypto hero reportedly used [...]
Crypto in 2022: It wasn’t all bad December 22, 2022 This year was turbulent, even by crypto standards. If the past twelve months have taught us anything it’s that crypto is still far from a mature asset class and time may be running out for the industry to prove itself as a functional and beneficial cog in our financial system. There are a number of [...]
Sam Bankman-Fried extradited to the US December 21, 2022 Sam Bankman-Fried will be extradited to the US to face criminal charges for the demise of cryptocurrency exchange FTX after a judge in the Bahamas approved his transfer. In a hearing on Wednesday morning, Bankman-Fried’s legal team told the court that the former crypto executive agreed to extradition to the US, waiving his right to [...]