Former FTX CEO Sam Bankman-Fried has largely denied the allegations against him in a ‘pre-mortem overview’ of the crypto exchange’s insolvency.In a Jan. 12 post on Substack, Bankman-Fried — differentiating between companies under the FTX umbrella — claimed FTX US had been “fully solvent” at the time the firm filed BillionsBitcoinCertainlycryptoexchangeDidntExchangesFundsStashSteal Read More
According to multiple reports, FTX co-founder Sam Bankman-Fried’s parents face scrutiny over their reported involvement with their son’s business operations. The two Stanford professors Joseph Bankman and Barbara Fried have not been charged with any wrongdoing, but the current FTX CEO, John J. Ray III, recently told members of the BitcoinBusinessCEOCertainlyCongressFamilyFTXMembersNewsPaymentsReceivedSBFsTold Read More
The European Central Bank (ECB) warns cryptocurrencies are being used to evade sanctions by Russians. ECB President Christine Lagarde warns crypto firms against becoming “accomplices” in the crime.
ECB President Lagarde Is Certain About Crypto Being Used to Evade Russian Sanctions
Christine Lagarde, president of the European Central Bank (ECB), said Tuesday BitcoinCertainlyCircumventCryptocurrenciescryptoexchangeExchangesFeaturedNewsRussianSanctions Read More