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U.S. says FTX founder Bankman-Fried needs limits on communications, asset access
U.S. says FTX founder Bankman-Fried needs limits on communications, asset access

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.

9 hours ago
Celsius bankruptcy examiner expected to report on Ponzi allegations
Celsius bankruptcy examiner expected to report on Ponzi allegations

By 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.

12 hours ago
FTX founder Bankman-Fried objects to tighter bail, says prosecutors ‘sandbagged’ him
FTX founder Bankman-Fried objects to tighter bail, says prosecutors ‘sandbagged’ him

By 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.”

13 hours ago
Mastercard, Binance launching prepaid card in Brazil
Mastercard, Binance launching prepaid card in Brazil

SAO 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”.

17 hours ago
U.S. seeks tighter bail for FTX founder Bankman-Fried to prevent tampering
U.S. seeks tighter bail for FTX founder Bankman-Fried to prevent tampering

By 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, 2023
Russia blocks CIA, FBI websites for ‘spreading false information’ – TASS
Russia blocks CIA, FBI websites for ‘spreading false information’ – TASS

MOSCOW (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, 2023
Dollar drops vs yen, near 9-month low to euro on central bank bets
Dollar drops vs yen, near 9-month low to euro on central bank bets

By 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, 2023
U.S. securities regulator probes investment advisers over crypto custody -sources
U.S. securities regulator probes investment advisers over crypto custody -sources

By 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, 2023
FTX opposes new bankruptcy investigation as it probes Bankman-Fried connections
FTX opposes new bankruptcy investigation as it probes Bankman-Fried connections

By 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, 2023
U.S. watchdog should step up oversight of crypto auditors, say Democratic senators
U.S. watchdog should step up oversight of crypto auditors, say Democratic senators

By 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, 2023
Industry body clarifies what happens when crypto derivatives crash
Industry body clarifies what happens when crypto derivatives crash

By 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, 2023
With eyes on FTX bankruptcy, U.S. regulator seeks more due diligence authority
With eyes on FTX bankruptcy, U.S. regulator seeks more due diligence authority

By 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, 2023
Dutch central bank fines cryptocurrency exchange Coinbase 3.3 million euros
Dutch central bank fines cryptocurrency exchange Coinbase 3.3 million euros

AMSTERDAM (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, 2023
Irish central bank chief calls for ban on crypto advertising
Irish central bank chief calls for ban on crypto advertising

DUBLIN (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
DCG’s crypto exchange Luno to cut 35% jobs amid harsh crypto winter
DCG’s crypto exchange Luno to cut 35% jobs amid harsh crypto winter

(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
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