THE FALL OF FTX

FTX's 'Havoc' May Strengthen Call For More Women In Crypto

By Sarah Jarvis

For the former federal prosecutor behind a new professional group for women in cryptocurrency, the fall of FTX has brought a torrent of emotion. But it has also shined a light on the oft-overlooked women who have been sounding the alarm on risk in the industry.

CFTC Head Wants Power From Congress To Police Crypto

By Tom Zanki

The head of the U.S. Commodity Futures Trading Commission on Thursday urged legislators to grant his agency more authority over the cryptocurrency industry, saying it lacks tools to protect customers from epic collapses like the bankruptcy of FTX Inc.

FTX 'Free Fall' Demands Special Examiner, US Trustee Says

By Lauren Berg

A bankruptcy watchdog for the U.S. Department of Justice on Thursday urged a Delaware bankruptcy judge to appoint a special examiner to sift through the wreckage of FTX Trading Ltd., saying an independent investigation is needed to determine what led to the cryptocurrency exchange's "free fall" into bankruptcy.

Brown Tells Treasury FTX Fall Shows Need For Crypto Laws

By Sarah Jarvis

Senate Banking Committee chair Sherrod Brown on Wednesday urged U.S. Treasury Secretary ​​Janet Yellen to help develop legislation allowing financial regulators to supervise crypto asset entities, saying the implosion of FTX highlights the "troubling risks" in crypto asset markets.

FTX Founder Ignores Legal Advice For Spotlight At NYT Event

By Jessica Corso

FTX founder Sam Bankman-Fried said Wednesday that he "didn't ever try to commit fraud" and isn't thinking about potential criminal charges he might face even as regulators in the U.S. and abroad continue to investigate what happened in the days and months leading up to the crypto exchange's crash several weeks ago.

Senate Dem Grills Crypto Exchanges In Customer Safety Push

By Jon Hill

A top Democratic senator is calling on six of the biggest cryptocurrency exchanges to answer questions about their finances, internal controls and use of customer funds, saying there's a "clear need" in the crypto market for additional consumer protections in the aftermath of FTX's collapse.

FTX Founder Facing Investigation By Texas Securities Board

By Hailey Konnath

The Texas State Securities Board said Tuesday that it's looking into whether FTX founder Sam Bankman-Fried violated securities law by selling unregistered securities in the Lone Star State, according to a hearing notice.

BlockFi Blames FTX Failure, Loan Defaults For Its Ch. 11

By Vince Sullivan

Cryptocurrency platform BlockFi Inc. told a New Jersey bankruptcy judge Tuesday that the sudden and massive collapse of exchange FTX Trading Ltd. earlier this month overcame the debtor's robust risk management programs and forced it to file for Chapter 11 protection.

MORE COVERAGE

November 18th, 2022, 7:11PM

Pro Say: The Legal Fallout Of The FTX Fiasco
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