Alabama and several other U.S. states are investigating alleged securities violations and connections with retail investors.
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Turkey Investigates Former FTX CEO Sam Bankman-Fried for Fraud, Seizes Assets
The Turkish government has launched an investigation on the former chief executive of failed cryptocurrency exchange FTX, Sam Bankman-Fried. According to local media, the authorities
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Recent FTX hacks prove it was right to ‘secure’ its assets: Bahamian regulator
The Securities Commission of The Bahamas said the continued hacking attempts on FTX prove it made the right call to “secure” FTX’s digital assets.
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CrossTower eyeing further crypto acquisitions outside of Voyager bid
CrossTower’s president said they would place extra emphasis on highly transparent and compliance-focused companies in light of the FTX collapse.
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Bankruptcy Lawyers Say FTX Was Operated by ‘Inexperienced and Unsophisticated Individuals’
On Tuesday, the attorneys representing FTX told the court that a “substantial amount of assets have either been stolen or are missing” and further stressed
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Sam Bankman-Fried is ‘deeply sorry’ for collapse in letter to FTX team
The former CEO described his role in the exchange’s downfall as a failure in oversight, saying he should have been “more skeptical of large margin
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