Tag results for: ftx

Opinion | A Question for Congress: Why Didn’t the SEC Stop FTX?

Securities regulators seem to be more interested in protecting their turf than protecting investors. Source link

The Crypto Winter will last through 2023 and maybe 2024, predicts PayPal and Meta alum David Marcus

David Marcus may lead a Bitcoin-focused company, but he doesn’t see the Crypto Winter ending anytime soon.  Marcus was CEO of PayPal and also ran crypto efforts at Facebook...

Crypto is like the ‘World of Warcraft’ economy, and legitimizing it with regulations would hurt the financial system, says economist

In the wake the FTX collapse, calls to regulate crypto have increased among U.S. lawmakers. But, a prominent economist argued this week, doing so would confer legitimacy to...

Sam Bankman-Fried’s troubles deepen as both FTX co-founder and Alameda Research CEO take plea deals

Sam Bankman-Fried for weeks seemed to be trying to get ahead of former Alameda Research CEO Caroline Ellison’s widely expected cooperation deal with prosecutors, subtly casting blame on...

VC firms are getting stingier with startups. Tribe Capital’s struggles show why

Venture firm Tribe Capital wrote to a select group of its co-investors earlier this month with some bad news. Tribe was slashing its internal valuation of Canadian-British startup Invenia,...

Opinion | Sam Bankman-Fried’s Crypto Crash

It’s ‘old-fashioned embezzlement,’ but with new blockchain jargon. Source link

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