By John McCrank NEW YORK (Reuters) – U.S. exchanges and Wall Street’s top cop on Thursday warned about a heightened threat of fraud mostly involving the initial public offerings of small c[...]
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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[...]
Read moreAnalysis-Political gridlock may help U.S. stocks but inflation still in driver’s seat
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Split control of the U.S. Congress following the midterm elections may provide a tailwind for stocks at the end of a bruising year, but inflation and th[...]
Read moreFTX fallout hits crypto lender Genesis; Bankman-Fried, celebs sued
By Alun John and John McCrank (Reuters) -Major crypto player Genesis Global Capital suspended customer redemptions in its lending business on Wednesday, citing the sudden failure of crypto exchange FT[...]
Read moreTrump’s 2024 presidential bid a fresh wrinkle for markets
By David Randall NEW YORK (Reuters) -Former President Donald Trump’s entry on Tuesday into the 2024 presidential race confirmed the world’s “worst kept secret” and created anot[...]
Read moreFTX 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[...]
Read moreRegulators circle FTX as rival exchanges try to calm investors
By John McCrank and Alun John NEW YORK (Reuters) -Regulators opened probes following last week’s spectacular collapse of crypto exchange FTX and rival exchanges sought to reassure jittery invest[...]
Read moreFactbox-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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