Feuding Bankrupt Crypto Firms Genesis and FTX Reach in Principle Agreement

FTX claims Genesis owes it $2 billion while Genesis claims it owes nothing. A joint letter to the courts now suggests they’ve settled.

• 2023-07-28
• Chapter 11 bankruptcy FTX Cameron Winklevoss United States Bankruptcy Court

Justice Department Revamps Crypto Enforcement Team

The National Cryptocurrency Enforcement Team will become a permanent fixture of a section of the agency that investigates computer-related crimes.

• 2023-07-21
• Justice Department Nicole Argentieri National Cryptocurrency Enforcement Team NCET criminal division Argentieri Eun Young Choi cryptocurrency Commodity Futures Trading Commission Kenneth Polite FTX

Coinfund Raises $152 Million to Boost Early-Stage Crypto, AI Startups

The fund is winding back up after a tumultuous year where many players pulled back from cryptocurrency plays.

• 2023-07-19
• Alex Felix chief investment officer FTX Decrypt

This Week on Crypto Twitter: Winklevoss Calls on Silbert to Negotiate, Sues Him 3 Days Later

And Binance CEO Changpeng Zhao once again told his followers to ignore FUD.

• 2023-07-10
• Cameron Winklevoss Twitter NFT Digital Currency Group FTX John Reed Stark Dallas Mavericks

Crypto Needs ‘Time-Tested Standards’ of Wall Street, Says Anchorage Digital’s Trading Boss

Lincoln Bartlett left traditional finance for Anchorage Digital last year but has kept institutional best practices top of mind.

• 2023-06-26
• Lincoln Bartlett institutional investors Anchorage Digital market structure FTX

FTX’s US Judge Vows to Keep Control of Crypto in Blow to Bahamas

(Bloomberg) -- The federal judge overseeing the bankrupt crypto firm FTX vowed to retain control over $7.3 billion in disputed assets, a potential setback for liquidators in the Bahamas seeking to claim to some of the money as part of a separate insolvency case on the island nation.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsLeaving New York for Miami Can Save Nearly $200,000S&P 500 Enters Bull

• 2023-06-09
• John Dorsey FTX Bloomberg Bahamas

First Mover Asia: Why Did Bitcoin Regain $27K? ‘No One Is Surprised by Gensler’s Actions,’ Crypto CEO Says

ALSO: Why Binance's alleged co-mingling of assets isn't the same as FTX's alleged co-mingling of assets.

• 2023-06-07
• Joshua Franklin FTX SEC

Prosecutors say Sam Bankman-Fried's arguments to dismiss cryptocurrency charges are meritless

Sam Bankman-Fried’s lawyers made meritless arguments in a bid to convince a judge to toss out criminal charges alleging that the FTX founder stole from investors in his multibillion dollar cryptocurrency fund, federal prosecutors said Monday. In papers filed in Manhattan federal court, prosecutors responded to early May filings in which Bankman-Fried’s lawyers insisted that the United States overreached in its case against Bankman-Fried, making federal crimes out of regulatory issues. “The cha

• 2023-05-30
• federal prosecutors cryptocurrency FTX criminal charges Bankman-Fried defense lawyers

Singapore's Temasek to Exercise Caution in Crypto Space After FTX Nightmare

Temasek wrote down the entirety of its investment in FTX in November.

• 2023-05-29
• Temasek Holdings investment recommendation FTX Singapore investment team sovereign wealth funds accountability

This Week on Crypto Twitter: Shaq Served with Two Crypto Lawsuits on Same Day

Some viral fake news in the form of an AI-generated explosion at the Pentagon briefly tanked Bitcoin’s price on Monday.

• 2023-05-29
• Andy Campbell Pentagon FTX Ariel Givner international exchange Brian Armstrong