Tag: collapse
US crypto firms spent more on lobbying in 2023 than before FTX collapse: Report
Companies connected to the crypto and blockchain industry in the United States reportedly spent roughly $3 million…
FTX collapse, Binance’s US settlement provide strong case for MiCA regulations
The collapse of FTX in 2022 and Binance’s recent $4.3-billion settlement with United States authorities provide a…
Ex-FTX execs team up to build new crypto exchange 12 months after FTX collapse: Report
Several former FTX executives have teamed up to help build a new cryptocurrency exchange in Dubai with…
‘We were worried about ecosystem startups’ — Solana CEO on FTX collapse
The now-infamous collapse of FTX sent shockwaves through the broader cryptocurrency space in 2022, but the Solana…
Terraform co-founder Shin blames protocol for collapse during trial in S. Korea
The trial of payment platform developer Terraform Labs co-founder Shin Hyun-Seong, also known as Daniel Shin, and…
Terraform Labs contends Citadel Securities had a hand in its stablecoin collapse
Do Kwon-founded Terraform Labs has again pointed the finger at market maker Citadel Securities for its role…
Changpeng Zhao’s tweet ‘contributed’ to collapse of FTX, claims Caroline Ellison
According to former Alameda Research CEO Caroline Ellison, a single tweet from Binance CEO Changpeng Zhao (CZ)…
Su Zhu’s $36M mansion transformed into eco-farm post-3AC collapse: Report
Crypto businessman and fugitive Su Zhu’s $36 million luxury real estate in Singapore has been converted into…
Fed inspector blames crypto focus, nepotism for Silvergate Bank collapse
Crypto-friendly Silvergate Bank ultimately collapsed this year due to over-dependence on risky crypto deposits and nepotism that…
Class-action suit filed against Binance for alleged harm to FTX before its collapse
A class-action suit was filed against Binance.US and Binance CEO Changpeng Zhao on Oct. 2 in the…