Bipartisan Group of US Senators Calls for Independent Examiner to Investigate FTX

Policy

A bipartisan group of four U.S. senators has sent a letter to the judge in the FTX bankruptcy case calling for an independent examiner to be appointed.

The group is urging Judge John Dorsey to support a motion to appoint an examiner “to have full authority and resources to conduct a thorough, objective, investigation of the activities that led to the collapse of FTX.”

This is a developing story.

19 September

Tech

12 days ago

Bosch, EU, and blockchain pioneers are teaming up for a game-changing decentralized IoT project in the mobility sector.

General

13 days ago

Senator Warren's controversial Digital Asset Anti-Money Laundering Act gains support from nine more U.S. senators. The proposal, known as "the toughest" in the crypto space, could extend regulatory standards to cryptocurrency firms, including KYC and AML requirements.

Policy

13 days ago

Malta's Financial Services Authority (MFSA) is gearing up for MiCA, the EU's groundbreaking crypto regulation arriving in 2024. Starting Sept. 18, MFSA seeks public input on proposed rulebook changes for crypto companies.

Business

13 days ago

Dubai-based JPEX shut down operations due to a liquidity crisis, blaming institutions and Hong Kong partners for unfair actions. The Earn program, offering high APYs, is permanently ended, and withdrawals have a staggering 99% fee for now.

08 September

Tech

24 days ago

Crypto cybersecurity company OpenZeppelin unveils Defender 2.0. The updated blockchain developer security system promises end-to-end safety measures, spanning from the initial project development phase through the deployment and ongoing maintenance.

General

24 days ago

Switzerland-based bank SEBA receives approval-in-principle from Hong Kong's Securities and Futures Commission to deal in virtual assets in the region. The only two fully licensed exchanges currently operating in Hong Kong are HashKey and OSL.

Business

24 days ago

Clockwork's founder and team are stepping away from the Solana Protocol. According to the announcement, the reason behind the departure is a lack of profit. Code remains open-source for the community to pick up and continue.

31 August

Markets

one month ago

Bitcoin slips to $27.2K as cryptos dip post Grayscale's court win. Despite Tuesday's rally, signs of market weakness emerge. BTC is down 2% in 24 hrs. at $27,240; ETH is resilient at just above $1,700. Market Index down 2.4%, ADA, SOL, MATIC lead 4% altcoin dip. Landmark win for Grayscale's BTC ETF bid sparks hope, but approval not guaranteed.

Policy

one month ago

Grayscale triumphs over SEC in landmark Bitcoin ETF appeal. Court orders SEC review of Grayscale's spot Bitcoin ETF application denial. A game-changing decision that could pave the way for mainstream crypto adoption.

21 August

General

one month ago

Ethereum co-founder Vitalik Buterin makes a surprising move, depositing 600 ETH (approx. $1M) into Coinbase. As Ether faced a 10% decline amid a market dip, Buterin also repaid 250,000 RAI and withdrew $1.6M ETH on Sunday. The reasons behind these moves remain a mystery.

Bipartisan Group of US Senators Calls for Independent Examiner to Investigate FTX

Related news

Sam Bankman-Fried Goes on Trial Tomorrow

Bankman-Fried Saw Missing FTX Billions as ‘Rounding Error,’ Biographer Says

FTX's Former Auditor Prager Metis Sued by SEC

Coinbase Obtains Payment License in Singapore

FTX's Bankman-Fried Cannot Blame Lawyers in Opening Statement: Judge

FTX Customers, Investors Will Testify Against Sam Bankman-Fried, DOJ Says

Ready to explore with XBO.com?