The Latest on the FTX Crisis
The collapse of FTX, one of the world’s largest cryptocurrency companies, is still sending shock waves through the crypto world.
Posted inComputers and the Internet Corporate Social Responsibility Embargoes and Sanctions Iran Kraken (Payward Inc) Powell, Jesse (Cryptocurrency Executive) Virtual Currency
U.S. Crypto Exchange Kraken Settles With Treasury Dept.
The crypto exchange, which had been under investigation for violating U.S. sanctions, agreed to pay $360,000 to settle the allegations.
Posted inBankruptcies BlockFi Inc HK FTX Trading Ltd (Futures Exchange) Regulation and Deregulation of Industry Virtual Currency
BlockFi Files for Bankruptcy as FTX Fallout Spreads
BlockFi was financially entangled with FTX, and its stability was thrust into uncertainty after FTX collapsed.
Posted inBanking and Financial Institutions HK FTX Trading Ltd (Futures Exchange) Regulation and Deregulation of Industry Virtual Currency
Crypto Firm FTX’s Ownership of a U.S. Bank Raises Questions
Through a subsidiary, FTX invested $11.5 million in the parent company of Farmington State Bank, which has a single branch and, until this year, just three employees.