Canadian Billionaire Kevin O’Leary Reveals $15M Payment to Become FTX Spokesman

Canadian business person, Shark Tank judge, and contributor to CNBC Kevin O’Leary admits he lost a $15 million payment made to him by FTX. In an interview with CNBC, he disclosed that the now-defunct cryptocurrency exchange FTX had paid him…

FTX Founder to Appear In Congress After Congresswoman Maxine Water’s Request

The founder of FTX has said he will eventually testify before a congressional panel looking into his business. Financial Services Committee Hearing Sam Bankman-Fried responded to Rep. Maxine Waters’ request to come before the House Financial Services Committee on December…

FTX Founder Sam Bankman- Fried Could Be Looking At Jail Time, Mark Cuban Says

FTX founder Sam Bankman-Fried should be concerned about going to jail, according to Mark Cuban. The billionaire majority owner of the Dallas Mavericks also believes that cryptocurrencies are here to stay despite the FTX debacle. SBF Has Left A lasting…

US State Regulators Launch Genesis Global Capital Investigation Citing FTX-Related Contagion Fears

Genesis, a well-known cryptocurrency lender ranked among the top lenders worldwide, is reportedly being scrutinized by regulators in the state of Alabama and other US states.  A thorough investigation is being conducted by the state securities department into issues related…

Bahamian SEC Ordered FTX to Send Digital Assets to Its Wallet

On November 18, the Bahamas’ Securities Commission made public its directive to FTX to transfer digital assets under its management to the Commission’s wallet on November 12. The regulator stated that the directive was required to protect the interests of…

Singapore State Firm Announces Biggest FTX-Related Loss As SBF Remains At Large

Singapore State Investment Firm to Lose $275 Million The much-publicized FTX collapse painted a clear picture of what a financial contagion looks like. This is after several interlinked companies in the crypto space also went down with liquidity issues as…

FBI In Pursuit Of Sam Bankman-Fried As FTX Debacle Heats Up

FTX founder Sam Bankman-Fried may be extradited to the United States for questioning, according to reports from three persons with knowledge of the situation, according to Bloomberg News on Tuesday. Fears over the future of the cryptocurrency business have been…

INTERPOL unveils the first-ever Metaverse for law enforcement worldwide

The International Criminal Police Organization, more popularly known as the INTERPOL, unveiled the first-ever Metaverse for law enforcement worldwide. This was made known in the 90th Interpol General Assembly in New Delhi, India. The INTERPOL Metaverse allows registered users to…

Forth Arrest made as probe into India’s Money Trade Coin Scam, Intensifies

Indian police have reportedly arrested an associate of a group that’s accused of conducting a crypto scam involving 5 billion rupees which is equivalent to $71.6 million. This is according to an Indian English-language local publication known as the Indian…

Australian Authorities Freeze Assets Belonging to former Bit-connect Director, John Bigatton

The Australian securities and investments commission (ASIC), which is that country’s version of America’s Securities and Exchange Commission, has executed an asset freeze on Bitconnect’s John Bigatton. Bigatton who is a director and shareholder at Bitconnect has also been barred…

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