New York AG Letitia James sues lender Genesis, its parent company DCG, and the Winklevoss' exchange Gemini for allegedly defrauding 230K+ investors of $1B+
and secured mostly by FTT [image] Bryan Brinkman / @bryanbrinkman : @NewYorkStateAG I'm a New York resident who uses Gemini, banning them will only force us to use offshore crypto ...
Sources: internal teams at Singapore-based Crypto.com trade tokens for profit on the exchange and elsewhere, a little-known fact since the company's 2016 launch
Singapore group has desk to profit from market moves — Crypto.com, the exchange endorsed by Hollywood actor Matt Damon …
A Binance executive says the past six months in the US have been “very confusing” and the company will do “everything we possibly can” to be regulated in the UK
World's largest cryptocurrency exchange says it is ‘very difficult’ to do business in US after moves by Washington regulators Tweets: @smtuffy and @nikasgari Tweets: Sean Tuffy / @...
Inside FTX's final hours, described by employees, chat logs, and Sam Bankman-Fried: panic selling assets, trying to raise funds, SBF's silence, and bankruptcy
In January, I walked up the front steps of a single-storey, grey-shingled house in a neighbourhood on the fringe of Stanford University.
Filings: Digital Currency Group begins selling shares in investment vehicles run by its subsidiary Grayscale at a steep discount, seeking to repay creditors
Digital assets conglomerate sells down holdings in prized investments at a discount to pay creditors
Sources: crypto broker Genesis owes creditors more than $3B, leading DCG to explore selling venture assets, estimated to be worth ~$500M, to raise cash
Barry Silbert's conglomerate weighs offloading venture assets to help wholly owned digital asset lender
Sources: DCG is attempting to raise capital and avoid bankruptcy for its Genesis subsidiary in part to avert a $350M loan repayment to Todd Boehly's Eldridge
as always, thanks for reading and follow me here Tweets: Katie Martin / @katie_martin_fx : Genesis failure would land owner with $350mn payout to financier Todd Boehly @nikasgari h...
Sources: FTX reached late stage negotiations with Taylor Swift for a $100M+ sponsorship deal, supported by Swift fan SBF but opposed by some FTX executives
Negotiations between singer-songwriter and Sam Bankman-Fried's crytpo group collapsed this spring
Interviews detail FTX and SBF's lavish spending, aided by minimal internal controls, including $300M+ on Bahamas real estate and chartering Amazon deliveries
When crypto exchange FTX moved its headquarters to the Bahamas from Hong Kong last year, employees discovered that Amazon did not deliver to the island.
In an interview, SBF claims he donated about the same amount to both parties in 2022 but the GOP donations were “dark” money, discusses Alameda, FTT, and more
Sam Bankman-Fried's donations to Democrats are well documented. In an interview released Tuesday …