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cryptocurrency news, regulation

Notes 12/13: FTX CEO Sam Bankman-Fried Is Arrested

We finally have respite from former FTX CEO Sam Bankman-Fried’s (SBF) media tour. The thirty-year-old boy genius’s repeated public appearances to “explain” his actions were finally cut short last evening after he was arrested by the Royal Bahamas Police Force based on charges filed by the Department of Justice. The Securities Exchange Commission (SEC) has also filed a separate civil complaint against SBF. The list … Continue reading Notes 12/13: FTX CEO Sam Bankman-Fried Is Arrested

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cryptocurrency news, regulation

Notes 12/2: Benham’s Testimony, Tether Loans

CFTC Chairman Rostin Benham reiterated the case to bring “comprehensive market regulation” to cryptocurrencies and said existing rules are sufficient to rein in hijinks in its ecosystem in his Senate testimony. “We (can) eliminate contagion by applying the same principles of financial regulation that we apply to traditional financial assets,” he said. Benham’s views echo that of SEC Chair Gary Gensler. Media narratives have framed … Continue reading Notes 12/2: Benham’s Testimony, Tether Loans

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