U.S. securities regulators on Thursday charged Genesis Global Capital LLC and Gemini Trust Company LLC for the unregistered offer and sale of securities to retail investors through the companies’ Gemini Read more
Tag: Securities/Commodity Exchange Activities
Silvergate lost more than $700 million selling assets to cover withdrawals during crypto selloff
The collapse of crypto exchange FTX sparked a run on Sivergate Capital Corp., forcing the bank to sell assets at a steep loss to cover some $8.1 billion in withdrawals. Read more
FTX co-founder Gary Wang, ex-Alameda CEO Caroline Ellison plead guilty to federal charges
On the same day that that the Bahamas extradited FTX co-founder and former CEO Sam Bankman-Fried to the U.S. to face criminal charges, two former executives at FTX and Alameda Read more
FTX founder Sam Bankman-Fried extradited to U.S. to face criminal charges
NASSAU, Bahamas — Bahamian authorities said Wednesday that former FTX CEO Sam Bankman-Fried has been extradited to the United States, where he faces criminal charges related to the collapse of Read more
SEC charges Sam Bankman-Fried with defrauding investors in now-bankrupt FTX
The Securities and Exchange Commission on Tuesday charged Samuel Bankman-Fried with committing fraud after raising $1.8 billion from investors, as the U.S. government hammer came down on the founder and Read more
FTX’s Sam Bankman-Fried is arrested in Bahamas, charges pending in U.S.
Sam Bankman-Fried, founder of the cryptocurrency exchange FTX, which faced a colossal collapse this year, was arrested in the Bahamas on Monday, and is facing criminal charges in the United Read more
Microsoft to buy stake in London Stock Exchange, which commits to spending billions on cloud services
Microsoft on Monday said it was investing in the London Stock Exchange in a deal that will see the stock exchange use the software giant’s data and cloud infrastructure. Microsoft Read more
Bankman-Fried says he’s now willing to testify to House committee
Sam Bankman-Fried, the founder and former chief executive of bankrupt cryptocurrency exchange FTX, on Friday changed his position and said he was willing to testify in front of the U.S. Read more
Feds said to investigate FTX’s SBF over possible crypto price manipulation, while senators want his testimony
FTX founder Sam Bankman-Fried is being investigated by federal prosecutors over whether he manipulated prices of two cryptocurrencies to benefit his companies, according to a new report, and has also Read more