Spain plans for a wholesale CBDC and SBF_FTX has been ordered to testify before a U.S. Senate committee. LedesmaLyllah reports..
said it wants Sam Bankman-Fried, the exchange’s founder and former CEO, to appear in person next week to discuss the collapse of the exchange. If he doesn’t voluntarily testify, the committee will subpoena him, according to a letter from its leaders on Wednesday. “FTX’s collapse has caused real financial harm to consumers, and effects have spilled over into other parts of the crypto industry.
. Gensler said he isn’t waiting for new powers from Congress to enforce securities laws against crypto companies, though he added that it would be good to have more money and additional reach beyond U.S. borders. Gensler declined to talk specifically about the failed crypto exchange FTX in an interview on Yahoo Finance.project. On Monday, it asked financial institutions and tech providers to submit proposals for the initiative by Jan. 31.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
First Mover Americas: Grayscale in Investor's CrosshairsHedge fund Fir Tree sues grayscaleinvest to get details about GBTC and SBF_FTX hires celebrity defense lawyer Mark Cohen. LedesmaLyllah reports.
Read more »
First Mover Asia: Bitcoin Holds Its $17K Perch Amid Rate Hike ConcernsAsia is ready for a scaled up, crypto-friendly bank, particularly if the U.S. oversteps in regulating the industry following the recent FTX debacle; bitcoin holds for another day over $17K. TheSamReynolds and JPRubin23 report
Read more »
Bankman-Fried, Ellison tap attorneys as FTX probes ramp upFTX founder and former chief executive Sam Bankman-Fried and Caroline Ellison, head of its now-defunct trading affiliate, have tapped defense attorneys as U.S. authorities probe the crypto exchange's collapse, according to a spokesperson for Bankman-Fried and a source familiar with Ellison's selection.
Read more »
Interactive: Here are the politicians who received money from FTX's Sam Bankman-FriedFEC filings show the vast majority of his donations went to Democrats, but the FTX founder claims he made 'dark-money' contributions to Republicans.
Read more »
Bankman-Fried’s PAC dressed up political money as pandemic saviorThe celebrity speculator Sam Bankman-Fried’s single biggest political bet in 2022 was placed on an obscure Democrat running for Oregon’s newly created House seat.
Read more »
Sam Bankman-Fried hires defense attorney as US authorities probe FTX: ReportA spokesperson for Sam Bankman-Fried said the former FTX CEO has retained a defense attorney amid civil litigation from investors and investigations by lawmakers and regulators.
Read more »