Former FTX CEO to go on trial Thursday in the Bahamas for extradition to the US – Bloomberg

Former FTX CEO to go on trial Thursday in the Bahamas for extradition to the US – Bloomberg

Sam Bankman-Fried, the co-founder of failed cryptocurrency exchange FTX, was arrested in the Bahamas at the request of US authorities and has indicated his intention to waive his right to oppose extradition in court, and a trial will be held on the 21st in a court in the capital Nassau. A court official told reporters … Read more

A US report warns of entanglements between the cryptocurrency sector and Wall Street

A US report warns of entanglements between the cryptocurrency sector and Wall Street

Other risks The Board’s report also identified several non-cryptocurrency-related issues that pose threats to financial markets and institutions, stating that the improved resilience of the $24 trillion Treasury market, which has been hit for several periods lack of liquidity, remains a priority. The advice also said regulators should review structural problems in the market that … Read more