Regulation
General counsel Berkovitz who ‘wined & dined’ SBF to leave SEC in Jan
Berkovitz previously criticized decentralized finance (DeFi) in one of his speeches as a CFTC commissioner.
Oluwapelumi Adejumo 1 min read
Exchanges News
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Crime
Two suspects arrested in Hong Kong for AAX fraud
The AAX exchange declared bankruptcy on November, and returned only half of its users' funds.
Exchanges
OKX publishes second Proof-of-Reserves update, commits to report monthly
OKX's latest proof-of-reserves report shows it holds over 90% of its assets in BTC, ETH, and USDT — the exchange has committed to update its reserve on the 22nd of every month.
Latest Exchanges News & Analysis
Exchanges
FTX attempts to maintain ownership of Robinhood shares in court
FTX and Alameda want to freeze those shares as three others try to lay claim.
Legal
Alameda CEO Caroline Ellison takes plea deal, faces no criminal charges
A recently unsealed plea agreement shows that Caroline Ellison, the CEO of Alameda Research, pleaded guilty to seven fraud charges. In return for cooperating with authorities, Ellison faces a $250,000 fine and forfeiture of any assets she obtained from FTX money.
Exchanges
Sam Bankman-Fried will be extradited to the U.S. Wednesday night
Sam Bankman-Fried's extradition from the Bahamas is imminent.
Exchanges
Jump Crypto releases research on Proof of Solvency vulnerabilities
Jump Crypto examines the effectiveness and vulnerabilities of Proof of Solvency for ensuring consumer protection.
Legal
SBF to return to U.S. immediately in hopes of securing bail
A decision was made for Bankman-Fried to return to the U.S. after he agreed to be extradited.
Exchanges
Deribit transferred 10,000 ETH to an Alameda address in the past 10 days
A Deribit address transferred 10,000 ETH in five transactions to a wallet associated with Alameda Research. The nature of the transfers is still unknown.
