Blockchain analytics firm Elliptic didn’t rule out the possibility of the $477 million hack being an FTX inside job.
Category: Regulation News
Court approves Genesis settlement of $175M to FTX, expunges billions in claims
Genesis reportedly said the $175 million settlement was “fair and equitable,” while FTX creditors wanted to contest it.
iFinex proposes $150M share buyback from Bitfinex hack victims: Report
Bitfinex hack victims from 2016 received iFinex shares as compensation, as the crypto exchange didn’t have enough cash to make users whole.
BarnBridge DAO votes to comply with SEC order
The voting ended with a unanimous decision to comply with the SEC’s potential demands and pay fines if necessary.
Alameda Research lost $190M to scams and ‘questionable’ blockchains: Whistleblower
Former Alameda Research engineer Aditya Baradwaj says one trader lost more than $100 million after clicking on a fake link.
US lawmakers urge IRS to implement crypto tax reporting requirements before 2026
The crypto tax reporting requirements proposed by the IRS in August are currently scheduled to go into effect in 2026 — according to 7 senators, […]
Hata receives in-principle approval to be fifth Malaysian digital exchange
The new exchange was founded by an executive from Malaysian market leader Luno. It will target investors, businesses, and high-net-worth individuals.
British MPs urge action on NFT copyright infringement, crypto fan tokens
A U.K. parliamentary committee called for a crackdown on sports fan tokens and recommended the government issue a code of conduct for NFT platforms.
Sam Bankman-Fried considered selling FTX equity to Saudi crown prince, says Caroline Ellison
Testimony from the former Alameda Research CEO continued on the sixth day of Sam Bankman-Fried’s criminal trial, delving into potential investments prior to FTX’s bankruptcy.
Caroline Ellison provided 7 ‘alternative’ balance sheets hiding Alameda’s exposure to FTX
The former CEO testified that she had provided SBF seven options for spreadsheets with misleading information on Alameda’s financials to present to Genesis lenders.