New Revelation: Australian Regulators Probed FTX Crypto Exchange Before Its Collapse – Here’s Why
Cryptocurrency exchanges

New Revelation: Australian Regulators Probed FTX Crypto Exchange Before Its Collapse – Here’s Why

The once thriving FTX exchange had been subject to open inquiries from the Australian Securities and Investments Commission (ASIC) since March 2022 – could financial regulators have done more to protect Australian investors’ deposits? Read on to find out more.

Crypto market breaks above $1 trillion for the first time since FTX’s collapse, with bitcoin set for its best month since October 2021
Bitcoin news

Crypto market breaks above $1 trillion for the first time since FTX’s collapse, with bitcoin set for its best month since October 2021

The crypto market is now valued above $1 trillion for the first time since the FTX implosion in November, signaling a strong rebound in sentiment even as the industry faces headwinds.

Snowden to Musk: ‘I Take Payment in Bitcoin’; Big Short Investor Says Audits of Exchanges like Binance and FTX Are ‘Meaningless,’ and More — Week in Review – The Weekly Bitcoin News
Bitcoin news

Snowden to Musk: ‘I Take Payment in Bitcoin’; Big Short Investor Says Audits of Exchanges like Binance and FTX Are ‘Meaningless,’ and More — Week in Review – The Weekly Bitcoin News

Ahead of the holidays, former United States NSA contractor Edward Snowden has offered to step up as the new CEO of Twitter.

Sam Bankman-Fried to Enter Plea in Case Alleging Fraud and Embezzlement at FTX Cryptocurrency Exchange
Cryptocurrency exchanges

Sam Bankman-Fried to Enter Plea in Case Alleging Fraud and Embezzlement at FTX Cryptocurrency Exchange

In another installment of Sam Bankman-Fried’s legal woes in the aftermath of the collapse of crypto exchange FTX, the platform’s co-founder is now expected to enter a plea next week related to criminal charges he defrauded investors and stole billions of dollars in customer funds.