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” Law Decoded, Jan. 9-16: Gemini, Bithumb, Nexo are fresh targets for regulation and prosecution “ The United States Securities and Exchange Commission charged cryptocurrency lending firm Genesis Global Capital and crypto exchange Gemini with selling unregistered securities through Gemini’s “Earn” program. The Commodity Futures Trading Commission started the process of getting a default judgment…
” Monex wants to buy FTX Japan amid bankruptcy proceedings: Report “ FTX Japan, one of the four FTX assets put on sale, caught the eye of Monex Group, an online brokerage firm based in Tokyo. In an interview with mainstream media outlet Bloomberg, Monex CEO Oki Matsumoto said that they are interested and expressed that…
“Miami Heat home arena gets temporary name after FTX collapse” The home of the Miami Heat has yet another name: Miami-Dade Arena. That will be the temporary moniker for the building where the NBA team plays its home games, while the search for a more permanent naming-rights partner commences. The Heat and Miami-Dade County announced…
” Skybridge eyes stake buyback from FTX, as Galaxy CEO says he would like to ‘punch’ SBF “ SkyBridge Capital CEO Anthony Scaramucci said that his firm can buy back the stake of the company it sold to FTX back in September last year. While Galaxy Digital CEO Mike Novogratz has indicated that he would…
” Alameda Research liquidators lost $72K during fund consolidation attempt “ The liquidators of Alameda Research continue to encounter obstacles in their efforts to recover funds for creditors. Crypto analytics firm Arkham disclosed on Twitter that the liquidators lost $72,000 worth of digital assets on the decentralized finance (DeFi) lending platform Aave while trying to consolidate…
“Miami Heat win bid to scrap $135M arena naming deal with FTX” Miami dunked on FTX over naming rights for the arena where the NBA’s Heat play their home games. A federal bankruptcy judge terminated the $135 million sponsorship agreement between venue owner Miami-Dade County and FTX, the cryptocurrency exchange founded by accused fraudster Sam…
” Judge slams senators’ letter against FTX lawyers as ‘inappropriate’ “ The judge handling FTX’s bankruptcy has reportedly slammed a joint letter from four United States senators calling for an independent examiner in the case. As reported by Cointelegraph, the senators sent a letter on Jan. 9 highlighting concerns about the ties between FTX and…
” USDC transfer volume hit 5X USDT’s in fallout from FTX collapse “ Stablecoin USD Coin (USDC) has grown in popularity since the collapse of FTX and now frequently reaches daily transfer volumes four to five times that recorded by major competitor Tether (USDT) according to data from blockchain analytics firm Glassnode. That’s despite the…
“FTX stakes held by Tom Brady, Gisele Bündchen revealed in court docs” NFL legend Tom Brady and ex-wife Gisele Bündchen were among FTX’s largest individual equity holders before the doomed crypto site’s collapse into bankruptcy, court filings revealed Tuesday. FTX shares held by Brady, Bündchen and other celebrity backers are now essentially worthless as officials…
” US lawmakers call on court to approve ‘independent examiner’ in FTX bankruptcy case “ A group of four United States senators have criticized one of the law firms involved in the bankruptcy case of crypto exchange FTX for conflicts of interest. In a Jan. 9 letter to Judge John Dorsey of the U.S. Bankruptcy…