Cointelegraph By Turner Wright
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Changpeng Zhao’s tweet ‘contributed’ to collapse of FTX, claims Caroline Ellison
Cointelegraph By Turner Wright - 0
According to former Alameda Research CEO Caroline Ellison, a single tweet from Binance CEO Changpeng Zhao (CZ) contributed to the failure of cryptocurrency exchange FTX.Testifying in Sam “SBF” Bankman-Fried’s criminal trial on Oct. 12, Ellison reportedly placed part of the blame for the collapse of FTX on CZ’s...
The United States Commodity Futures Trading Commission (CFTC) has filed a complaint against Stephen Ehrlich, the former CEO of crypto lending firm Voyager Digital.In an Oct. 12 announcement, the CFTC said it had filed a lawsuit in the U.S. District Court for the Southern District of New York...
At the time of publication, half of the legislative branch of the federal government of the United States was largely paralyzed following a vote ousting then Speaker Kevin McCarthy.U.S. lawmakers voted to declare the office of Speaker of the House of Representatives vacant on Oct. 3, marking the...
Sam Bankman-Fried aspired to become US president, says Caroline Ellison
Cointelegraph By Turner Wright - 0
Former FTX CEO Sam “SBF” Bankman-Fried had ambitions to become the President of the United States, according to his former girlfriend and business associate Caroline Ellison.Appearing in court on Oct. 10 to testify against Bankman-Fried, Ellison reportedly said the former FTX CEO wanted to be the U.S. President...
Caroline Ellison blames Sam Bankman-Fried for misuse of FTX user funds at trial
Cointelegraph By Turner Wright - 0
Former FTX CEO Sam “SBF” Bankman-Fried watched from the defense table as his former business associate and girlfriend, Caroline Ellison, testified at his criminal trial.According to reports from the courtroom on Oct. 10, Ellison admitted to fraud during her time at Alameda at Bankman-Fried’s direction. The former Alameda...
Michael Lewis’ new book puts a positive spin on Sam Bankman-Fried
Cointelegraph By Turner Wright - 0
I haven’t read Michael Lewis’ The Big Short: Inside the Doomsday Machine, but I find it difficult to believe that the author expressed much sympathy for those involved in the United States housing bubble prior to the 2008 financial crisis. By contrast, his account of former FTX CEO...
Brazilian securities regulator plans sandbox for tokenization in 2024
Cointelegraph By Turner Wright - 0
The Comissão de Valores Mobiliários (CVM) of Brazil is planning to start a second regulatory sandbox program in 2024.Speaking at Rio Innovation Week on Oct. 4, the superintendent of institutional investor supervision with the CVM, Daniel Maeda, said the regulator will be exploring a regulatory sandbox for use...
Kristina Campbell, the chief financial officer of Ripple, has left the crypto payments platform for a comparable position at the virtual healthcare provider Maven Clinic.According to Campbell’s LinkedIn, her employment at Ripple ended in October after more than 2 years without explanation other than a “memorable” time at the...
CFTC weighs enforcement action against former Voyager Digital CEO: Report
Cointelegraph By Turner Wright - 0
Officials at the United States Commodity Futures Trading Commission (CFTC) are reportedly considering an enforcement action against Stephen Ehrlich, the former CEO of crypto lending firm Voyager Digital. According to an Oct. 6 Bloomberg report, CFTC staff are considering taking action against Ehrlich following an investigation concluding the former CEO...
Sam Bankman-Fried ordered ‘special privileges’ for Alameda account on FTX — Gary Wang
Cointelegraph By Turner Wright - 0
Gary Wang, FTX’s co-founder and former chief technology officer, again appeared in court on the fourth day of the criminal trial of former CEO Sam “SBF” Bankman-Fried to speak on the connections between the crypto exchange and Alameda Research.According to reports from Inner City Press, Wang returned to...