Saturday, November 2, 2024
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SEC Blasted on Custody Proposal by JPMorgan, NYDFS, Bakkt And a Fellow Agency

And from the crypto sector, investment firm a16z said, “We believe this proposed prohibition to be illegal, infeasible, and dangerous.” The letter signed by several executives suggested investment advisers would find the rule almost impossible to comply with, because it “largely failed to consider the logistics of how custody works

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FTX Promised High Earnings to African Students That Successfully Recruited Fellow Learners – Africa Bitcoin News

The collapsed crypto exchange FTX reportedly used the lure of high earnings to convince African university students to become its ambassadors. In addition to encouraging new FTX investors to use the platform, student ambassadors were also required to teach them about crypto and the blockchain. Some of the students insisted

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