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…
U.S senators have questioned whether lawyers should be involved in investigating wrong doing at FTX, given its history of legal work for FTX prior to the company filing for bankruptcy. “As legal counsel is often central to major financial scandals,…
Great interview Louise Abbott #crypto #cryptocurrency View Original Post
Former FTX CEO to appear in a U.S court, as it looks like deals have been struck with former associates. One suspects the term ‘risk management failures’ maybe a gross understatement of the issues FTX found itself. With some making…
One suspects there will be plenty of analysis of crypto over the coming weeks and months. With many lessons to be learnt, lessons that would probably not have been listened to during rise of crypto, filling the market bubble. Raising…
A crypto crisis, a bubble that burst, or something much more serious? The rush for crypto gold may not have been transparent for investors. So when does decentralized become centralized? When capital flowed between crypto exchanges to keep the markets…
With the recent collapse of FTX, professional services firm that have touched crypto will no doubt be reviewing their relationships with crypto firms. Those regulated firms will be working to clarify their relationships, and re-evaluating any work done. Questions have…
Going, going…………………….gone? Or reinvented to on markets through regulated products under the guidance of global regulators? Crypto was never the problem, the technology was sound. Unregulated markets were the problem. Ted Dziekanowski #crypto #cryptoregulation View Original Post
Crypto is not a steady ship at the moment, with crypto markets unsure of what the future looks holds. Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share…
Remarks released by the CEO of FTX, ahead of a Congressional hearing, shed more light on the state of FTX, its management and accounting practices or lack there of. A lack of financial controls that allowed management to transfer client…
