State of Crypto

Sam Bankman-Fried to Face Subpoena from Senate Committee if He Doesn't Voluntarily Testify
Sam Bankman-Fried to Face Subpoena from Senate Committee if He Doesn't Voluntarily Testify
The Senate Banking Committee wants Sam Bankman-Fried to appear before it next week in person to discuss the collapse of FTX, and will subpoena him if he does not appear volunt...
Sam Bankman-Fried to Face Subpoena from Senate Committee if He Doesn't Voluntarily Testify

US Lawmakers Want State Department to Disclose Crypto Rewards
US Lawmakers Want State Department to Disclose Crypto Rewards
U.S. lawmakers want the Department of State to disclose the rewards it pays in crypto, according to a provision from the National Defense Authorization Act (NDAA). CoinDesk Gl...
US Lawmakers Want State Department to Disclose Crypto Rewards

(Jonathan Simcoe/Unsplash)
Exploring Biden’s Executive Order on Crypto, 6 Months In
I spoke to Carole House, a former White House adviser and one of the authors of President Joe Biden’s executive order on crypto.
(Jonathan Simcoe/Unsplash)

Nexo to Depart US After Talks With Regulators Hit ‘Dead End’
Nexo to Depart US After Talks With Regulators Hit ‘Dead End’
Crypto lender Nexo said it would stop offering products and services in the U.S. in the coming months as their discussions with both state and federal regulators had come to a...
Nexo to Depart US After Talks With Regulators Hit ‘Dead End’

Genesis Creditor Groups' Loans Amount to $1.8B and Counting: Sources
Genesis Creditor Groups' Loans Amount to $1.8B and Counting: Sources
Customers whose money is locked up on trading and lending platform Genesis and who have taken legal advice on the matter currently account for some $1.8 billion of loans, acco...
Genesis Creditor Groups' Loans Amount to $1.8B and Counting: Sources

CFTC Chairman Suggests ‘Pause’ to Review Senate Bill Following FTX Collapse
CFTC Chairman Suggests ‘Pause’ to Review Senate Bill Following FTX Collapse
CFTC Chairman Rostin Behnam testified before the Senate Agriculture Committee in the first of several congressional hearings on FTX and said his agency couldn't have prevented...
CFTC Chairman Suggests ‘Pause’ to Review Senate Bill Following FTX Collapse

Sam Bankman-Fried Distances Himself From Alameda: I Wasn’t Running It
Sam Bankman-Fried Distances Himself From Alameda: I Wasn’t Running It
Former FTX CEO Sam Bankman-Fried apologized for the collapse of his crypto exchange in an anticipated interview with The New York Times, but distanced himself from Alameda Res...
Sam Bankman-Fried Distances Himself From Alameda: I Wasn’t Running It

BlockFi Joins the Crypto Bankruptcy Parade
BlockFi Joins the Crypto Bankruptcy Parade
Crypto lender BlockFi became the latest industry heavyweight to file for Chapter 11 bankruptcy, joining Celsius Network, Voyager Digital and FTX. CoinDesk Global Policy & Regu...
BlockFi Joins the Crypto Bankruptcy Parade

BlockFi used to run ads in Washington D.C.'s Union Station (CoinDesk archives)
BlockFi Joins the Bankruptcy Parade
The crypto lender’s financial woes are well known. Now we have a better sense of the severity.
BlockFi used to run ads in Washington D.C.'s Union Station (CoinDesk archives)

Bankrupt BlockFi Sues Sam Bankman-Fried Over Robinhood Shares: FT
Bankrupt BlockFi Sues Sam Bankman-Fried Over Robinhood Shares: FT
Cryptocurrency lender BlockFi, which filed for Chapter 11 bankruptcy protection on Monday, on the same day sued FTX founder Sam Bankman-Fried's Emergent Fidelity Technologies...
Bankrupt BlockFi Sues Sam Bankman-Fried Over Robinhood Shares: FT