Nik De

Bahamas Securities Regulator Ordered FTX to Transfer Crypto to Government Wallets
Bahamas Securities Regulator Ordered FTX to Transfer Crypto to Government Wallets
The Securities Commission of the Bahamas announced Thursday that it ordered the contents of FTX's crypto wallets to be transferred to government-controlled wallets on the prev...
Bahamas Securities Regulator Ordered FTX to Transfer Crypto to Government Wallets

FTX’s New CEO Condemns Sam Bankman-Fried’s Management of the Crypto Exchange
FTX’s New CEO Condemns Sam Bankman-Fried’s Management of the Crypto Exchange
New FTX CEO John J. Ray III issued a scathing assessment of "unprecedented" poor management practices by his predecessor, Sam Bankman-Fried, in a series of filings in a Delawa...
FTX’s New CEO Condemns Sam Bankman-Fried’s Management of the Crypto Exchange

Genesis’ Crypto-Lending Unit Pauses Customer Withdrawals Amid FTX Collapse
Genesis’ Crypto-Lending Unit Pauses Customer Withdrawals Amid FTX Collapse
The lending arm of crypto investment bank Genesis Global Trading is temporarily suspending redemptions and new loan originations in the wake of FTX’s collapse, Interim CEO Der...
Genesis’ Crypto-Lending Unit Pauses Customer Withdrawals Amid FTX Collapse

FTX May Have More Than 1M Creditors, New Filings Say
FTX May Have More Than 1M Creditors, New Filings Say
FTX may have more than 1 million creditors, according to a court filing that began to explain the company's descent into bankruptcy. CoinDesk Global Policy & Regulation Managi...
FTX May Have More Than 1M Creditors, New Filings Say

FTX Facing Criminal Investigation in the Bahamas
FTX Facing Criminal Investigation in the Bahamas
Law enforcement in the Bahamas are investigating crypto exchange FTX following the platform's swift collapse. A local financial regulator also said that FTX was not required t...
FTX Facing Criminal Investigation in the Bahamas

FTX Files for Bankruptcy Protections in US; Sam Bankman-Fried Resigns
FTX Files for Bankruptcy Protections in US; Sam Bankman-Fried Resigns
Crypto exchange FTX announced that it is filing for Chapter 11 bankruptcy and Sam Bankman-Fried has stepped down from his role as CEO but will “remain to assist in an orderly...
FTX Files for Bankruptcy Protections in US; Sam Bankman-Fried Resigns

Tron’s Justin Sun ‘Putting Together Solution’ for Troubled Crypto Exchange FTX
Tron’s Justin Sun ‘Putting Together Solution’ for Troubled Crypto Exchange FTX
Justin Sun, the founder of the Tron cryptocurrency network and Grenada's ambassador to the World Trade Organization, tweeted late Wednesday that he and his team were "putting...
Tron’s Justin Sun ‘Putting Together Solution’ for Troubled Crypto Exchange FTX

What the Midterm Election Results Mean for Crypto
What the Midterm Election Results Mean for Crypto
CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what the U.S. midterm election results mean for crypto adoption and regulation as Republicans are he...
What the Midterm Election Results Mean for Crypto

EU to Delay Vote on MiCA Legislation Until February 2023
EU to Delay Vote on MiCA Legislation Until February 2023
European Union lawmakers won’t vote on the Markets in Crypto Assets regulation bill (MiCA) until February, likely meaning further delays in the landmark licensing regime for c...
EU to Delay Vote on MiCA Legislation Until February 2023

Canada Launches Consultation on Crypto, Stablecoins and CBDCs
Canada Launches Consultation on Crypto, Stablecoins and CBDCs
Canada's federal government announced a consultation on "cryptocurrencies, stablecoins and central bank digital currencies," in a fiscal update published Thursday. CoinDesk Gl...
Canada Launches Consultation on Crypto, Stablecoins and CBDCs