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FTX fallout

Bahamas Regulator Appoints ‘Big Four’ Auditor PWC as Joint Provisional FTX Liquidator

Bahamas Regulator Appoints ‘Big Four’ Auditor PWC as Joint Provisional FTX LiquidatorOn Nov. 14, 2022, the Securities Commission of the Bahamas (SCB) published a press release that explains the ‘Big Four’ accounting firm PWC (Pricewaterhousecoopers) has been designated as provisional liquidator in the FTX investigation. The SCB detailed that “given the magnitude” of the events surrounding FTX, the Bahamas regulator recognized that it had to “move […]

Hex Founder Richard Heart Included in Europol’s Most Wanted List

Binance Shares Hot and Cold Wallet Crypto Addresses and Details About the SAFU Fund

Binance Shares Hot and Cold Wallet Crypto Addresses and Details About the SAFU FundAfter disclosing the trading platform Binance would share proof-of-reserves, the exchange published a blog post called “Our Commitment To Transparency.” The Binance blog post shares addresses tied to the world’s largest exchange and it notes that as of Thursday, Binance holds 475,000 bitcoin, 4.8 million ether, and 17.6 billion tethers. Binance Shares Crypto Addresses and […]

Hex Founder Richard Heart Included in Europol’s Most Wanted List

Reports Claim Beleaguered Crypto Exchange FTX Seeks Over $9 Billion From Investors

Reports Claim Beleaguered Crypto Exchange FTX Seeks Over  Billion From InvestorsOn Nov. 10, 2022, two reports said that FTX CEO Sam Bankman-Fried (SBF) is canvassing for emergency funds up to $9.4 billion for the embattled exchange. One report says that SBF has solicited crypto companies like Tether, OKX, and Tron founder Justin Sun as well. FTX Is Reportedly Seeking Up to $9.4 Billion in Funding […]

Hex Founder Richard Heart Included in Europol’s Most Wanted List