The collapse of FTX has delivered a crushing blow to crypto. All the more reason to demand crypto companies open their books for inspection, says Dale Russell, director of Moore Blockchain and Digital Assets.
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Business Maverick: FTX Latest: House, Senate Line Up Hearings to Investigate CrashHouse and Senate panels are planning hearings in December about bankrupt crypto exchange FTX and its former chief executive officer, Sam Bankman-Fried, amid renewed calls for Congress to strengthen regulation and oversight for the industry.
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Business Maverick: FTX Collapse Ensnares Creditors Big and Small All Over the WorldFrom a German bank seeking a more than $2 million payment to a Chinese investor requesting $21,000 of lost savings. Claimants around the world who were caught up in the epic collapse of FTX Group are beginning to appear in court filings.
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International Finance: Genesis bankruptcy warning weighs on crypto marketsCrypto brokerage Genesis warned of the risk of bankruptcy amid contagion from the rapid demise of Sam Bankman-Fried’s FTX empire.
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