Insurers Denying Coverage to FTX-Linked Crypto Firms as Contagion Risk Mounts December 19, 2022 By Noor Zainab Hussain and Carolyn Cohn Insurers are denying or limiting coverage to clients with exposure to bankrupt crypto exchange FTX, leaving digital currency traders and...
FTX Founder Bankman-Fried Arrested in Bahamas at Behest of U.S. Prosecutors December 13, 2022 By Jasper Ward, Luc Cohen and Angus Berwick FTX founder Sam Bankman-Fried was arrested in the Bahamas at the behest of U.S. prosecutors on Monday, the day before...
Collapse of FTX Provides ‘Sobering Warning’ for Insurers About Governance Failings December 8, 2022 The collapse of the cryptocurrency exchange FTX demonstrates the dangers of failures of corporate governance, according to a commentary published...
Viewpoint: It’s A Wonderful Life’s Lessons Ring True in BlockFi Bankruptcy December 6, 2022 By Jonathan Reid Reich We are heading into the holiday season. It’s a Wonderful Life will be on television. And cryptocurrency bankruptcies will be...
After FTX Collapse, Pressure Builds for Tougher Rules for Cryptocurrencies December 2, 2022 Regulators must step in to protect crypto investors after the collapse of FTX, financial industry executives and lawmakers said at...
DOJ Watchdog Seeks Independent Review of FTX Bankruptcy December 2, 2022 By Dietrich Knauth The U.S. Department of Justice’s bankruptcy watchdog on Thursday called for an independent investigation into the collapse of crypto exchange...
FTX Crash Injects Urgency Into Regulating Crypto Sector: Global Securities Watchdog November 28, 2022 By Huw Jones The crash of FTX exchange has injected greater urgency into regulating the crypto sector and targeting such ‘conglomerate’ platforms will...
FTX Was Run as ‘Personal Fiefdom,’ Faces Hacks and Missing Assets: Attorneys November 23, 2022 By Dietrich Knauth, Tom Hals and Tom Wilson FTX was run as a “personal fiefdom” of former CEO Sam Bankman-Fried, attorneys for the collapsed crypto exchange said in...
FTX Collapse Ensnares Creditors Big and Small Across the Globe November 23, 2022 From a German bank seeking a more than $2 million payment to a Chinese investor requesting $21,000 of lost savings....
NBA Champion Golden State Warriors Are Sued Over FTX Collapse November 22, 2022 By Jonathan Stempel The Golden State Warriors were sued on Monday by an FTX customer who accused the reigning National Basketball Association champions...