#FTX seeks to claw back Sam Bankman-Fried’s political donations

#FTX seeks to claw back Sam Bankman-Fried’s political donations

“FTX seeks to claw back Sam Bankman-Fried’s political donations” FTX’s new leadership team signaled that it will attempt to claw back money that disgraced ex-billionaire Sam Bankman-Fried and his close associates improperly funneled to various entities — including a fortune in donations to political candidates. New FTX CEO John Ray and the company’s other caretakers…

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# Auros Global expects to resume regular operations following restructuring plan

# Auros Global expects to resume regular operations following restructuring plan

” Auros Global expects to resume regular operations following restructuring plan “ Cryptocurrency trading firm Auros Global, which reportedly suffered a $20 million dollar exposure in the FTX collapse, has released a statement saying it plans to resume regular operations after implementing a restructuring plan.  Statement from Auros regarding recent references in the media –…

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# What is crypto market capitulation and its significance

# What is crypto market capitulation and its significance

” What is crypto market capitulation and its significance “ Capitulation literally means concede. In the financial sphere, this term reflects a period of aggressive selling when the last of the bulls concede defeat to become bears themselves. What is crypto market capitulation? Suppose a cryptocurrency drops 30% overnight. An investor is left with two…

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# US Senate banking chair floats possibility of banning crypto

# US Senate banking chair floats possibility of banning crypto

” US Senate banking chair floats possibility of banning crypto “ United States Banking Committee chairman Sherrod Brown has suggested that the Securities Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) should perhaps consider a ban on cryptocurrencies. Brown’s comments were made in a Dec. 18 appearance on NBC’s “Meet the Press” although…

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# SBF prosecutors reportedly dig into donations made to top US Democrats

# SBF prosecutors reportedly dig into donations made to top US Democrats

” SBF prosecutors reportedly dig into donations made to top US Democrats “ The prosecutors investigating former FTX CEO Sam Bankman-Fried (SBF) have reportedly reached out to top members of the Democratic Party demanding information about the political donations made by the entrepreneur. Democratic members from the Democratic National Committee (DNC), the Democratic Congressional Campaign…

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