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US Regulatory Agencies Launch Parallel Lawsuits Against Co-Founder of Bankrupt Crypto Lender Voyager

US Regulatory Agencies Launch Parallel Lawsuits Against Co-Founder of Bankrupt Crypto Lender Voyager

The Federal Trade Commission (FTC) and Commodity Futures Trading Commission (CFTC) have filed charges against the former CEO of Voyager, Stephen Ehrlich. In a statement, the FTC says it filed a suit against Ehrlich for falsely claiming that Voyager accounts were insured by the Federal Deposit Insurance Corporation (FDIC) and that customer assets were safe […]

The post US Regulatory Agencies Launch Parallel Lawsuits Against Co-Founder of Bankrupt Crypto Lender Voyager appeared first on The Daily Hodl.

Microstrategy’s Bitcoin Binge Snags $561M in Latest Buy, Pushing Holdings to 444K BTC

FDIC Says Signature Bank Cratered Due to Contagion Effects and Failure To Understand the Risks of Crypto

FDIC Says Signature Bank Cratered Due to Contagion Effects and Failure To Understand the Risks of Crypto

Signature Bank (SBNY) primarily failed due to contagion that spread from other recently collapsed financial institutions, according to the U.S. Federal Deposit Insurance Corporation (FDIC). The FDIC says in a new report that the self-liquidation of Silvergate Bank and the failure of Silicon Valley Bank (SVB) paved the way for Signature’s high-profile implosion last month. […]

The post FDIC Says Signature Bank Cratered Due to Contagion Effects and Failure To Understand the Risks of Crypto appeared first on The Daily Hodl.

Microstrategy’s Bitcoin Binge Snags $561M in Latest Buy, Pushing Holdings to 444K BTC

Signature Bank Was Shuttered Due to Liquidity Issues, Not Crypto, Says Top New York Financial Regulator: Report

Signature Bank Was Shuttered Due to Liquidity Issues, Not Crypto, Says Top New York Financial Regulator: Report

Signature Bank’s high-profile closure last month happened due to liquidity issues rather than a regulatory agenda against crypto, according to Adrienne A. Harris, the superintendent of the New York State Department of Financial Services (NYDFS). Harris spoke at the Chainalysis Links Conference this week, and told onlookers that it is a “really ludicrous” idea that […]

The post Signature Bank Was Shuttered Due to Liquidity Issues, Not Crypto, Says Top New York Financial Regulator: Report appeared first on The Daily Hodl.

Microstrategy’s Bitcoin Binge Snags $561M in Latest Buy, Pushing Holdings to 444K BTC