Friday Roundup: Latest Update on FTX Mess, Bitcoin (BTC) Forms ‘Sell-Signaling’ Bearish Cross and More

Headlines Metaplex joins Temasek, Softbank, SALT Lending, and Jump Crypto in list of ‘tainted’ entities that have lost investments in FTX. FTX owes users a detailed explanation, US senators Elizabeth Warren and Richard Durbin write to SBF and new acting CEO. Falsehood and omissions in reporting the extent of exposure in the sunk exchange have […]

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US SEC Starts Administrative Proceedings against American CryptoFed

<p class=”MsoNormal text-align-justify”>The United States Securities and Exchange Commission (SEC) on Friday kicked off administrative proceedings against American CryptoFed, a Wyoming-based decentralized autonomous organization (DAO). </p><p class=”MsoNormal text-align-justify”>The regulator wants “to determine whether a stop order should be issued to suspend the registration of the offer and sale of two crypto assets, the Ducat token […]

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220,000+ BTC Withdrawn from Exchanges in Week After FTX’s Collapse

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Investors have withdrawn 220K bitcoins from crypto exchanges in the week after the fall of FTX, according to data by Coinglass. The demise of Sam Bankman-Fried’s $32 billion crypto empire has affected not only […]

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Acting Comptroller of the Currency Testimony Highlights Focus on Crypto Moving Forward

The relationship between banks and crypto products will be under tighter scrutiny as all major financial regulators are focusing on digital assets, especially following the collapse of FTX. OCC to Monitor Closely How Banks Integrate Crypto Products The US Office of the Comptroller of the Currency (OCC), an independent bureau of the US Department of […]

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S. Korea Freezes $104M in LUNA Profits Tied to Terraform Labs Co-Founder

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Seoul Southern District Court has issued an order to freeze $104 million in crypto assets belonging to co-founder of the collapsed Terraform Labs, Daniel Shin. The move comes after local prosecutors filed a request […]

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Liquidator Calls FTX’s US Bankruptcy Unauthorized, Files for Chapter 15

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On November 15th, the Supreme Court-appointed liquidator of FTX, Brian Simms filed for chapter 15 bankruptcy in New York on behalf of the company. In the document, he calls the filing from November 11th […]

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