Latest from Nikhilesh De
Crypto Bank Charter Firm Protego Trust Lays Off Most of Its Workforce: Source
Some employees are still in place and the firm’s operations are ready to launch, but money is a problem, said a person familiar with the situation.
Silvergate Stock Plunges as Bank Says It May Face DOJ, Congressional and Bank Regulator Inquiries
Shares fell over 10% in after-hours trading.
Prosecutors’ Case Against FTX’s Sam Bankman-Fried Becomes Clearer
In the last week prosecutors have laid out new details and allegations against the FTX founder.
Crypto Lender Voyager Says Majority of Customers Voted for Restructuring Plan With Binance.US
The plan will be discussed during a bankruptcy hearing on Thursday.
SEC, CFTC Charge FTX's Singh With Fraud Following Criminal Plea
Singh pleaded guilty to fraud and conspiracy charges filed by the Department of Justice earlier on Tuesday.
Former FTX Engineering Director Nishad Singh Pleads Guilty to Criminal Charges: Reuters
Singh joins fellow ex-FTX executives Caroline Ellison and Gary Wang in pleading guilty to charges. Founder Sam Bankman-Fried has pleaded not guilty to fraud and other charges and will face trial this fall.
The SEC's Stablecoin Hammer, Courtesy Terraform Labs and Do Kwon
The SEC’s lawsuit against Terraform Labs alleges that terraUSD (UST), and nearly every token it issued, are securities.
Crypto Bank Custodia's Bid for Fed Supervision Rejected Again
The Fed rejected Custodia's first bid last month.
Sam Bankman-Fried Hit With Additional Bank Fraud Charges in New Indictment
The document calls on the former FTX CEO to forfeit hundreds of millions of dollars' worth of assets, which in many cases have already been seized by the U.S. government.
NY Attorney General Sues Crypto Exchange CoinEx, Alleges AMP, LBC, LUNA and RLY Tokens Are Securities
The petition alleged that CoinEx listed various tokens and services that qualify as securities and/or commodities under state law.
