Tag Archives: ftx

2022 was a rough year for crypto filled to the brim with failing prices and fraudulent companies. All in all, however, Michael Saylor – the previous head of MicroStrategy – feels everything that’s happened ultimately pushed the space forward in many ways. Michael Saylor on FTX: It Helped Crypto One of the big things that Saylor brought up was the collapse of FTX, which occurred in November of 2022. After several years of being the golden child of the industry and...

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.

Problems continue for major digital currency exchange Kraken. After forfeiting its position in Japan, closing its offices there, and letting all employees go in that division, the company has now had to do the same for its Abu Dhabi (located in the United Arab Emirates or UAE) location. Kraken Will No Longer Be in the UAE A spokesperson for Kraken has released the following statement: Kraken regularly reviews its business lines to ensure we’re employing resources...

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.

Randall Crater – the founder of defunct crypto business My Big Coin – was sentenced to eight years in prison for defrauding both customers and investors out of millions of dollars. Randall Crater Is Heading to Prison U.S. District Judge Denise Casper in Boston oversaw the case involving Crater and his now failed company. Initially, prosecutors sought as many as 13 years in jail for the former crypto executive. The goal was to make an example of him and make any other...

The United Kingdom and its finance ministry is planning to lay the groundwork for new digital currency regulations following the collapse of popular digital currency exchange FTX. The United Kingdom Doesn’t Want Another FTX in the Books Financial Services Minister Andrew Griffith commented in a recent interview: Our view is that this reinforces the case for clear, effective, timely regulation and proactive engagement with [the] industry. This includes a proposal to bring...