FTX Users Seek Return of Crypto Assets, Not Dollars
In a collection of letters, FTX users around the globe have asked for their crypto assets instead of being reimbursed with US dollars. In letters submitted to the federal judge presiding over…
FTX CEO Slams Attempt to Reduce SBF’s Sentence, Highlights Ongoing Suffering of Victims
John Ray III, the CEO and restructuring officer of FTX, has criticized an attempt made by Sam Bankman-Fried’s lawyers to reduce his sentence, emphasizing that the victims of the fraud…
Rep. Patrick McHenry Indicates Progress on Stablecoin Legislation Before Election
The U.S. House Financial Services Committee Chair Rep. Patrick McHenry (R-NC) has suggested upcoming advancements in stablecoin legislation before the election. Speaking at a Coinbase event in Washington on March…
Crypto Lender Celsius Pursues $2B Pre-Bankruptcy Exodus
Bankrupt crypto lender Celsius has begun demanding customers who made major withdrawals in the three months preceding its bankruptcy to return their funds or face legal action. A committee-supervised administrator…