By Andrew Goudsward (Reuters) – FTX founder Sam Bankman-Fried, facing mounting legal challenges over the collapse of his cryptocurrency exchange, may have harmed his defense by speaking publicly[...]
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Europe
FTX’s Sam Bankman-Fried cashed out $300 million during funding spree – WSJ
(Reuters) – FTX founder Sam Bankman-Fried sold a stake in the company worth $300 million when the crypto exchange raised capital last year, the Wall Street Journal reported on Friday, citing the[...]
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What’s in a name? EU watchdog cracks down on ESG investment funds
By Huw Jones LONDON (Reuters) – The European Union’s securities watchdog on Friday proposed strict curbs on how investment funds are sold in the bloc if they tout environmental, social and[...]
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Factbox-FTX’s new CEO assesses the exchange’s failings
By Tom Hals (Reuters) – John J. Ray III, the new chief executive of bankrupt cryptocurrency exchange FTX, on Thursday laid out his assessment of the failures that led to the biggest collapse in[...]
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‘Wave’ of lawsuits over FTX expected, but investors will face legal hurdles
By Jody Godoy (Reuters) – A lawsuit by FTX account holders in the United States is likely the first of many that will be brought over billions of dollars in losses on the cryptocurrency exchange[...]
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Coinbase CFO says full contagion impact of FTX collapse still to show – WSJ
(Reuters) – The full extent of the fallout on the crypto industry from the collapse of Sam Bankman-Fried’s FTX was yet to come out, Coinbase Global Inc Chief Financial Officer Alesia Haas[...]
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Explainer-Britain’s insurers become test case for post-Brexit ‘unshackling’
By Huw Jones and Carolyn Cohn LONDON (Reuters) – The British government and the Bank of England are reforming insurers’ capital rules, seen as a post-Brexit test of UK willingness to[...]
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FTX creditors may number over 1 million as regulators seek answers
By Akriti Sharma and Daniel Leussink (Reuters) – Collapsed crypto exchange FTX outlined a “severe liquidity crisis” in U.S. bankruptcy filings, which said the group could have more t[...]
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Factbox-From Binance to Voyager, crypto firms’ exposure to FTX is coming to light
LONDON (Reuters) – After major crypto exchange FTX filed for U.S. bankruptcy protection on Friday, the crypto industry is bracing for further fallout. Some of FTX’s investors have said the[...]
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