FTX

Highlights: SEC sued Silvergate and ex-executives for misleading investors on compliance and FTX losses. The bank failed to detect $9B in FTX-related suspicious transfers. Silvergate settled SEC charges for $50M; fined $63M by Fed and California regulator. The US Securities […]

Highlights: Jump Crypto under investigation by CFTC for trading and investment activities in the crypto sector. Jump Crypto faced setbacks, including hacks and losses from the FTX collapse. The investigation highlights regulators’ focus on crypto market compliance. The Commodity Futures […]

Highlights: BitFlyer will acquire FTX Japan, investing billions of yen into the deal. FTX Japan faced operational restrictions after FTX’s bankruptcy in 2022. The acquisition aims to ensure smooth trading for FTX Japan customers on BitFlyer’s platform. Japanese crypto exchange […]

Highlights: FTX has finalized the sale of its last 15 million shares in Anthropic, securing $450 million. The transaction marks FTX’s total earnings from Anthropic at $1.3 billion, with a $800 million profit. Despite extensive legal costs exceeding $700 million, […]