372 articles found
⚡ Fresh Details Emerge on the FTX Hack Incident
The U.S. Department of Justice has leveled charges against three American individuals for committing fraud through SIM card swaps. Bloomberg reports that among the companies affected was the cryptocurrency exchange FTX, which suffered a loss of over $400 million in client assets in the aftermath of its bankruptcy announcement.
🔥 Court Imposes Limits on FTX Bankruptcy Probe
🔥 Under-the-Radar Crypto Trading Flourishes in China
📣 SEC Intensifies Scrutiny on Ripple
The U.S. Securities and Exchange Commission (SEC) filed a court order requiring Ripple (XRP) to disclose its institutional investor information for the last two years. This development stems from a judge's earlier ruling that classified XRP as a security when specifically sold to institutional investors.
📣 Thailand Eases Up on Crypto Rules
📣 ACE Exchange Under Intensified Investigation
📣 CFTC Levels Fraud Allegations Against Debiex Crypto Exchange
The U.S. Commodity Futures Trading Commission (CFTC) has brought to light a scheme by Debiex's staff, who allegedly developed personal and even romantic relationships with potential customers to draw them into their trading platform. The CFTC has now sued Debiex, charging them with fraudulent activities.
🌋 Sam Bankman-Fried's Parents Decline to Surrender FTX Assets
The parents of Sam Bankman-Fried, the founder of the now-defunct crypto exchange FTX (Joseph Bankman and Barbara Fried), are refusing to give back assets received from their son. They've requested the court to dismiss the lawsuit filed by the company, asserting their ignorance of any fraudulent activities and claiming that the exchange is unjustly trying to confiscate their property.