By Jonathan Stempel NEW YORK (Reuters) – The U.S. government on Monday urged a judge to reject Sam Bankman-Fried’s claim it went too far by insisting that the indicted founder of the now-bankrupt FTX cryptocurrency exchange be banned from contacting his former colleagues.
Jan 30, 2023By Dietrich Knauth (Reuters) – A court-ordered examiner is expected to release a report on Monday addressing whether bankrupt crypto firm Celsius Network operated as a Ponzi scheme, which could add to the pressure on founder Alex Mashinsky, who is already facing fraud allegations.
Jan 30, 2023By Jonathan Stempel NEW YORK (Reuters) – Lawyers for Sam Bankman-Fried on Saturday urged a U.S. judge not to ban the indicted FTX cryptocurrency executive from communicating with former colleagues as part of his bail, saying prosecutors “sandbagged” the process to put their client in the “worst possible light.”
Jan 30, 2023SAO PAULO (Reuters) – Mastercard Inc and Binance said on Monday they are lauching a prepaid card in Brazil, Latin America’s largest economy, as part of the crypto giant’s efforts to “broaden the connection between traditional finance and crypto”.
Jan 30, 2023By Jonathan Stempel NEW YORK (Reuters) – U.S. prosecutors on Friday asked a Manhattan judge to impose tougher bail conditions on Sam Bankman-Fried, expressing concern that the founder of the FTX cryptocurrency exchange might tamper with witnesses or destroy evidence in his criminal case.
Jan 28, 2023MOSCOW (Reuters) – Russia’s communications regulator Roskomnadzor said on Friday it had blocked the websites of the CIA and FBI, accusing the two U.S. government agencies of spreading false information, the TASS news agency reported.
Jan 27, 2023By Kevin Buckland TOKYO (Reuters) – The U.S. dollar dropped against the yen on Friday as traders bet a hawkish pivot from the Bank of Japan (BOJ) was still in the offing.
Jan 27, 2023By Chris Prentice NEW YORK (Reuters) – The U.S. Securities and Exchange Commission is probing registered investment advisers over whether they are meeting rules around custody of client crypto assets, three sources with knowledge of the inquiry told Reuters.
Jan 27, 2023By Noele Illien and Tom Wilson ZURICH/LONDON (Reuters) – Financial watchdogs and government agencies from the United States, Japan and Switzerland are among creditors of bankrupt crypto exchange FTX, as well as companies including Airbnb and crypto giant Binance, a court filing has shown.
Jan 26, 2023By Hannah Lang and Douglas Gillison (Reuters) – U.S. Democratic Senators Elizabeth Warren and Ron Wyden are calling on the country’s accounting watchdog to increase oversight of firms that audit cryptocurrency companies in the wake of the collapse of crypto exchange FTX.
Jan 26, 2023By Huw Jones LONDON (Reuters) – An industry body set out a global framework on Thursday for trading derivatives linked to cryptoassets to avoid FTX-style collapses sowing confusion over ownership.
Jan 26, 2023By Chris Prentice NEW YORK (Reuters) – A top official with the U.S. Commodity Futures Trading Commission (CFTC) is pressing lawmakers to give regulators authority to dig into the books of any firm seeking to acquire significant interest in any registered market player.
Jan 26, 2023AMSTERDAM (Reuters) – The Dutch central bank (DNB) has fined U.S. cryptocurrency exchange Coinbase 3.3 million euros ($3.6 million) for failing to obtain the correct registration in the Netherlands before offering services.
Jan 26, 2023DUBLIN (Reuters) – Ireland’s central bank governor urged lawmakers on Wednesday to ban the advertising of crypto assets targetted at young adults, likening crypto not linked to any underlying assets to a Ponzi scheme.
Jan 25, 2023(Reuters) – Digital Currency Group-owned Luno said on Wednesday it would cut 35% of its total workforce, the latest in a slew of companies in the digital assets sector to reduce headcount to weather a slump in the cryptocurrency market.
Jan 25, 2023