# FTX bankruptcy filing speculates over 1M creditors

# FTX bankruptcy filing speculates over 1M creditors

” FTX bankruptcy filing speculates over 1M creditors “ The FTX liquidation crisis turned bankruptcy saga continues as a recent filing reveals additional information on Sam Bankman-Fried’s leadership and the exchange’s final days. On Nov. 14, a new document was filed in a United States federal court in Delaware, where FTX US is based. It…

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# White House says ‘prudent regulation of cryptocurrencies‘ is needed, hinting at situation with FTX

# White House says ‘prudent regulation of cryptocurrencies‘ is needed, hinting at situation with FTX

” White House says ‘prudent regulation of cryptocurrencies‘ is needed, hinting at situation with FTX “ The White House said the administration of United States President Joseph Biden is monitoring the situation with the recent crypto market crash but deferred to independent regulators for any potential enforcement actions. In a Nov. 10 press briefing, White…

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# Republican lawmaker claims SEC chair was coordinating with FTX ‘to obtain regulatory monopoly’

# Republican lawmaker claims SEC chair was coordinating with FTX ‘to obtain regulatory monopoly’

” Republican lawmaker claims SEC chair was coordinating with FTX ‘to obtain regulatory monopoly’ “ Tom Emmer, the recently re-elected Republican lawmaker representing Minnesota’s 6th district in the United States House of Representatives, has alleged Securities and Exchange Commission chair Gary Gensler had been helping FTX CEO Sam Bankman-Fried to gain a “regulatory monopoly” through…

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# US Treasury redesignates Tornado Cash sanctions, citing North Korea nuclear weapons program

# US Treasury redesignates Tornado Cash sanctions, citing North Korea nuclear weapons program

” US Treasury redesignates Tornado Cash sanctions, citing North Korea nuclear weapons program “ The United States Treasury Department’s Office of Foreign Asset Control, or OFAC, has amended the sanctions on cryptocurrency mixer Tornado Cash in addition to including two individuals involved in “transportation and procurement activities” for the Democratic People’s Republic of Korea in…

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# Crypto notches a win among professional accountants

# Crypto notches a win among professional accountants

” Crypto notches a win among professional accountants “ In his regular column, J.W. Verret, a law professor, attorney, CPA, and head of the Crypto Freedom Lab covers law and regulation of cryptocurrency with a focus on decentralized finance (DeFi) and financial privacy. Institutional adoption is an exciting yet frustrating topic in crypto. The true…

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