Ted Dziekanowski should we be concerned given the recent posts that Binance says full audits are some way off? One wonders at what point regulators step in and ask for an independent audit of the books, for regulatory filling purposes.…
Thank you for posting John Reed Stark. On the face of it this looks to be a significant decision by the US regulators to bring State Member banks that are part of the Federal Reserve, under the same rules as…
The UK finance regulator the FCA is enforcing crypto promotion regulations. Making it clear that crypto promotions can only be made through regulated channels, and that failures to comply could result in 2 years in prison. Ted Dziekanowski #crypto #cyrptocurrency…
The ambiguity of crypto as a regulated financial asset may lead to interesting legal challenges, or not at fault out of court conversations. One suspects the latter. Ted Dziekanowski #crypto #cyrptocurrency #cryptoregulation View Original Post
Will the FTX case open up more reforms for corporate ownership and private placements? As FTX moves through the bankruptcy court one assumes that more information will come out about FTXs corporate failures and the failure of those mature investors…
The Horizon bridge hack was well publicised and one of many the targeted poor quality APIs between exchanges. As its now confirmed by the FBI that Lazarus were behind the $100Mn hack, used to fund the North Korean missile program.…
A great speech by SEC Commissionaire Hester Peirce on crypto issues in 2022, and the need for markets and individuals to better manage risk and controls, along side market regulators such as the SEC. That may give a glimpse of…
The crypto collapse will run on for along time. One wonders the breadth and depth of its impact on investors. We often forget the significant role pension funds play in our future. Ted Dziekanowski #crypto #cryptocurrency View Original Post
FTX: The SEC has charged Samuel Bankman-Fried under the Securities and Exchange Act 1934 and Securities Act 1933, with defrauding investors in FTX trading, the crypto platform he was CEO and co-founder. He raised more than $1.8bn from equity investors…
A damned if you do damned if you don’t moment as the Federal Reserve, Federal Deposit Insurance Corporate and Office of the Comptroller of the Currency have informed covered banking organisations that unmitigated crypto risks do not migrate to the…
