FTX’s crypto collapse was predictable. Investors just had to see.
About the author: R. Jeffrey Smith is the managing director of Rosetti Starr, a security and investigative firm. He is a former Washington Post investigative correspondent,...
Tagged: industrial news
Binance.US Approved to Buy Voyager Accounts Despite SEC Warning
Binance’s US affiliate received court approval to take over thousands of customer accounts from bankrupt crypto platform Voyager Digital Ltd. despite warnings that the Binance.US exchange...
Not all Silvergate shares are created equal. How to play Crypto Bank.
Once touted by Wall Street as a well-regulated way to play the once-booming digital resource space, the fortunes of Silvergate (ticker: SI) have taken an abrupt...
Grayscale Bitcoin Fund Rises as Judges Sound Skeptical of SEC’s Arguments on ETF
Grayscale Investments has for years unsuccessfully tried to convert its flagship product — the world’s largest $14 billion Bitcoin fund — into an exchange-traded fund, most...
Bitcoin’s price may have peaked. Support for a bumpy ride.
Bitcoin and other cryptocurrencies were little changed on Tuesday, stagnating at relatively lower levels as the digital asset fell from distress at Silvergate Capital . Market...
Silvergate’s crisis could mark Bitcoin’s near peak. Support for a bumpy ride.
Bitcoin and other cryptocurrencies were little changed on Tuesday, stagnating at relatively lower levels as the digital asset fell from distress at Silvergate Capital . Market...
SEC freezes assets of investment adviser BKCoin, claims $100 million crypto fraud scheme
The US Securities and Exchange Commission on Monday announced an emergency action against Miami-based investment adviser BKCoin Management LLC and one of its principals, Kevin Kang,...
SEC freezes assets of investment adviser BKCoin, claims $100 million crypto fraud scheme
The US Securities and Exchange Commission on Monday announced an emergency action against Miami-based investment adviser BKCoin Management LLC and one of its principals, Kevin Kang,...
Silvergate Bank held reserves for Stablecoins. The assets have taken flight.
Stablecoins are meant to be the bedrock of the crypto market, sticking faithfully to the dollar even when tokens like Bitcoin fluctuate wildly in value. But...
Senators demand answers from Crypto Giant Binance. Don’t get your hopes up.
A bipartisan group of US senators has called for transparency from cryptocurrency giant Binance, demanding answers to what they call “potentially illegal business practices.” Don’t get...