Billionaire Investor Mike Novogratz Says Not All Crypto Exchanges Are Criminal Like FTX

According to Mike Novogratz, CEO of the cryptocurrency investment firm Galaxy Digital, not all cryptocurrency exchanges are run like the now-defunct FTX. Novogratz stated that not all cryptocurrency platform managers are out to steal users’ money in an interview with…

Binance Now Has a Secure Foothold of the Japanese Market

Binance, the world’s largest and most recognized cryptocurrency exchange, entered the Japanese market by buying the regulated Sakura Exchange Bitcoin Co., Ltd. (SEBC).  SEBC, a Japan Financial Service Agency (JFSA) regulated company, is now 100% owned by Binance The acquisition,…

KuCoin Agrees Partnership With Major Audit Firm to Enhance Proof Of Reserves Exercise

Popular Cryptocurrency exchange KuCoin has said that it will be working with the Mazars Group, a multinational audit, tax, and consultancy firm (MG). Proof Of Reserves Report Coming Soon In order to increase transparency and evaluate the exchange’s holdings of…

Gemini Under Scrutiny Despite Assurances that Funds are Safe

The collapse of FTX, a major cryptocurrency exchange, has put into question the stability of all exchanges.   This doubt in the crypto space did not spare Gemini, considered to be one of the most regulated crypto companies in the US.…

FTX-Owned Crypto Exchange Liquid Suspends Trading Due to Bankruptcy Proceedings

Liquid Global, a cryptocurrency exchange with headquarters in Japan that was formerly owned by the bankrupt exchange FTX, stopped all trading after being “instructed” to do so by the bankruptcy attorney’s office.  Trading Stopped Indefinitely A tweet from Liquid Global’s…

FTX Bankruptcy Due to Complete Failure of Corporate Control at every level

John Jay Ray III,  FTX’s current CEO, has filed a declaration in support of the crypto company’s bankruptcy proceedings.  The court document revealed questionable business practices within FTX. In the financial industry, John is known for masterfully handling the bankruptcy…

SBF and FTX Influencers Shark Tank’s Mr.Wonderful & Tom Brady among many other Influencers involved in a Lawsuit

The FTX collapse saga has turned a new page as a class-action lawsuit has been filed against Sam Bankman-Fried (SBF), the former CEO of the embattled crypto company. A class action is a lawsuit filed by an individual or a…

Crypto.com Faces Fallout For Sending Crypto to the Wrong Address

Crypto.com, a Singaporean-based Crypto exchange, is facing scrutiny after it admitted that it erroneously transferred a large amount of Ethereum (ETH) to another exchange.  This development came after the collapse of FTX which was once one of the largest exchanges…

FTX Assets Frozen By Bahamas Regulator As The Crypto Exchange’s Woes Continue

As Sam Bankman-Fried raced to raise as much as $8 billion to save FTX, the Bahamas securities regulator froze the assets of a portion of his crypto empire and moved to appoint a liquidator for one of his firms. Bahamas…

FTX Seeks $9.4B Bailout As Tron Explodes With News Of A Potential Takeover

Despite being criticized heavily by Kraken CEO Jesse Powell, FTX’s Sam Bankman-Fried has reached out to Kraken for a possible bailout.  This is after a collapse in talks that FTX was having with Binance about a possible takeover.  The most…

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