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SEC-retly Failing: How the SEC Is Letting Crypto Down

SEC-retly Failing: How the SEC Is Letting Crypto DownWhen Gary Gensler (ex-Goldman Sachs investment banker) was announced as the new head of the Securities and Exchange Commission (SEC) in February 2021, the crypto industry saw a glimpse of hope. After all, the man in charge of regulating the industry was a “crypto native,” having taught a course on the subject at MIT. However, […]

Blackrock Reinforces Tokenization Drive Leading $47 Million Funding Round in Digitization Company Securitize

Objections Raised Over Appointment of Sullivan & Cromwell as Debtors’ Counsel for FTX

<div>Objections Raised Over Appointment of Sullivan & Cromwell as Debtors’ Counsel for FTX</div>On Friday, bankruptcy judge John Dorsey approved the law firm Sullivan & Cromwell (S&C) to be appointed as the debtors’ counsel for FTX, despite an objection from Daniel Friedberg, a former FTX US compliance officer. During a Zoom presentation, Friedberg claimed there was a conflict of interest between former and current FTX executives and FTX […]

Blackrock Reinforces Tokenization Drive Leading $47 Million Funding Round in Digitization Company Securitize

FTX Meltdown Is Crypto Industry’s Version of Enron Implosion, According to Former US Treasury Secretary

FTX Meltdown Is Crypto Industry’s Version of Enron Implosion, According to Former US Treasury Secretary

Former US Treasury Secretary Larry Summers thinks the recent meltdown of crypto derivatives exchange FTX is a lot like the Enron scandal. In a new interview with Bloomberg, the famous American economist says that FTX’s implosion is probably less about the complexities of crypto regulations and more about “some very basic financial principles that go back […]

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Blackrock Reinforces Tokenization Drive Leading $47 Million Funding Round in Digitization Company Securitize